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MainStay MacKay Short Dur Hi Inc Inv MDHVX

Medalist Rating as of | See New York Life Investment Hub
  • NAV / 1-Day Return 9.53  /  +0.11 %
  • Total Assets 2.2 Bil
  • Adj. Expense Ratio
    1.110%
  • Expense Ratio 1.110%
  • Distribution Fee Level High
  • Share Class Type Front Load
  • Category High Yield Bond
  • Credit Quality / Interest Rate Sensitivity Low/Limited
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield 5.74%
  • Effective Duration 1.52 years

USD | NAV as of Mar 27, 2024 | 1-Day Return as of Mar 27, 2024, 10:19 PM GMT+0

Morningstar’s Analysis MDHVX

Will MDHVX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

A strong team with a consistent approach.

Analyst Jeana Marie Doubell

Jeana Marie Doubell

Analyst

Summary

MainStay MacKay Short Duration High Yield has a stable and experienced team in place. While its process for security selection and portfolio construction is sound, its short-duration focus limits its potential relative to wider-ranging peers, earning an Average Process Pillar rating. This results in a Morningstar Medalist Rating of Neutral for most share classes and a Negative rating for its most expensive B and C share classes.

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Portfolio Holdings MDHVX

  • Current Portfolio Date
  • Equity Holdings
  • Bond Holdings
  • Other Holdings
  • % Assets in Top 10 Holdings 10.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Other Assets & Liabilities

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