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MainStay MacKay High Yield Corp Bd I MHYIX

Analyst rating as of
NAV / 1-Day Return
5.67  /  0.18 %
Total Assets
12.1 Bil
Adj. Expense Ratio
0.740%
Expense Ratio
0.740%
Fee Level
Average
Longest Manager Tenure
8.19 years
Category
High Yield Bond
Credit Quality / Interest Rate Sensitivity
Low / Limited
Min. Initial Investment
1,000,000
Status
Open
TTM Yield
5.55%
Effective Duration
3.61 years
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Morningstar’s Analysis

Will MHYIX outperform in future?

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

A solid team, but unanswered questions cloud the process.

Summary

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MainStay MacKay High Yield Corporate Bond has a strong team in place, but limited data inhibits the ability to make an informed assessment of its process. This results in a Morningstar Analyst Rating downgrade to Neutral for all share classes.

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