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. The team’s consistent execution of its risk aware-approach earns a Process Pillar rating upgrade to Above Average, resulting in a Morningstar Medalist Rating of Bronze for most share classes and Neutral ratings for its more-expensive B and C share classes.
MainStay MacKay High Yield Corp Bd B MKHCX
- NAV / 1-Day Return 5.14 / +0.02 %
- Total Assets 11.1 Bil
-
Adj. Expense Ratio
- Expense Ratio 1.890%
- Distribution Fee Level High
- Share Class Type —
- Category High Yield Bond
- Credit Quality / Interest Rate Sensitivity Low/Limited
- Min. Initial Investment 1,000
- Status Closed
- TTM Yield 4.94%
- Effective Duration 2.71 years
USD | NAV as of Mar 28, 2024 | 1-Day Return as of Mar 28, 2024, 10:04 PM GMT+0
Morningstar’s Analysis MKHCX
Will MKHCX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 7.4
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Other Assets & Liabilities | 5.67 | 595.0 Mil | — |
Sprint Capital Corporation 6.875% | 1.08 | 113.3 Mil | Corporate |
Great Outdoors Group, Llc-Term B-2 Loan Cme Term S | 0.91 | 96.0 Mil | Corporate |
NMG Holding Co Inc. 7.125% | 0.84 | 88.5 Mil | Corporate |
Gulfport Energy Corp Ordinary Shares (New) | 0.82 | 86.2 Mil | Energy |
TransDigm, Inc. 6.25% | 0.80 | 84.1 Mil | Corporate |
Talos Prodtn Inc 12% | 0.80 | 83.8 Mil | Corporate |
Clarivate Science Holdings Corp. 4.875% | 0.59 | 61.5 Mil | Corporate |
Connect Finco SARL/Connect US Finco LLC 6.75% | 0.53 | 55.9 Mil | Corporate |
LCPR Senior Secured Financing Designated Activity Company 6.75% | 0.53 | 55.2 Mil | Corporate |