Skip to Content

MainStay MacKay High Yield Corp Bd I MHYIX

Analyst rating as of
NAV / 1-Day Return
4.92  /  0.60 %
Total Assets
10.2 Bil
Adj. Expense Ratio
0.700%
Expense Ratio
0.700%
Fee Level
Average
Longest Manager Tenure
9.33 years
Category
High Yield Bond
Credit Quality / Interest Rate Sensitivity
Low / Limited
Min. Initial Investment
1,000,000
Status
Open
TTM Yield
5.49%
Effective Duration
3.60 years

Morningstar’s Analysis

Will MHYIX outperform in future?

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

The captain of this high yield strategy has an experienced crew maintaining a steady ship.

Senior Analyst

Summary

| |

MainStay MacKay High Yield Corporate Bond has a stable and experienced team in place that implements a structured process for security selection and portfolio construction, resulting in a Morningstar Analyst Rating of Neutral for most share classes and a Negative rating for its most-expensive B and C share classes.

Unlock our full analysis with Morningstar Investor