New York Life Investments MacKay High Yield Corporate Bond (renamed from MainStay MacKay High Yield Corporate Bond in 2024) boasts a skilled lead manager, with ample comanager support, running a well-structured and risk-aware process.
NYLI MacKay High Yield Corporate Bond Class R2 MHYRX
- NAV / 1-Day Return 5.16 / +0.19 %
- Total Assets 10.5B
-
Adj. Expense Ratio
1.070%
- Expense Ratio 1.070%
- Distribution Fee Level Below Average
- Share Class Type Retirement, Medium
- Category High Yield Bond
- Credit Quality / Interest Rate Sensitivity Low/Limited
- Min. Initial Investment 0
- Status Open
- TTM Yield 5.88%
- Effective Duration 2.62 years
USD | NAV as of Jun 13, 2026 | 1-Day Return as of Jun 13, 2026, 12:11 AM GMT+0
Morningstar’s Analysis MHYRX
Will MHYRX outperform in the future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
The People Pillar is our evaluation of the MHYRX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of MHYRX’s parent organization’s priorities and whether they’re in line with investors’ interests.
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 5.8
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
Us Dollar | 4.84 | 498M | Cash and Equivalents |
Cash Offsets For Shorts & Derivatives | 1.15 | 119M | Cash and Equivalents |
Great Outdoors Group, Llc | 0.87 | 89M | Corporate |
TransDigm, Inc. 6.375% | 0.77 | 80M | Corporate |
Jazz Securities Designated Activity Co. 4.375% | 0.56 | 58M | Corporate |
Jane Street Group LLC / JSG Finance Inc. 7.125% | 0.55 | 57M | Corporate |
Talen Energy Supply LLC 8.625% | 0.55 | 57M | Corporate |
CCO Holdings, LLC/ CCO Holdings Capital Corp. 4.5% | 0.55 | 57M | Corporate |
Quikrete Holdings Inc 6.375% | 0.51 | 52M | Corporate |
1011778 B.C. Unlimited Liability Company / New Red Finance, Inc. 4% | 0.50 | 52M | Corporate |
United States