Morningstar

NYLI MacKay High Yield Corporate Bond Class R3 MHYTX

Morningstar Medalist Rating
Medalist Rating as of | See New York Life Investment Hub
  • NAV / 1-Day Return 5.15  /  0.00
  • Total Assets 10.6B
  • Adj. Expense Ratio
    1.320%
  • Expense Ratio 1.320%
  • Distribution Fee Level High
  • Share Class Type Retirement, Medium
  • Category High Yield Bond
  • Credit Quality / Interest Rate Sensitivity Low/Limited
  • Min. Initial Investment 0
  • Status Open
  • TTM Yield 5.62%
  • Effective Duration 2.62 years

USD | NAV as of Jul 10, 2026 | 1-Day Return as of Jul 10, 2026, 12:11 AM GMT+0

Morningstar’s Analysis MHYTX

Will MHYTX outperform in the future?

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

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable MHYTX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the MHYTX 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 MHYTX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Strong leadership with ample support.

Analyst Jeana Doubell

Jeana Doubell

Analyst

Summary

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.

by Jeana Doubell
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Portfolio Holdings MHYTX

More MHYTX Holdings
  • 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

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