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Morningstar

MainStay MacKay High Yield Corp Bd B MKHCX

Morningstar Medalist Rating
Medalist Rating as of | See New York Life Investment Hub
  • NAV / 1-Day Return 5.13  /  −0.19 %
  • Total Assets 10.6 Bil
  • Adj. Expense Ratio
    1.890%
  • 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 5.09%
  • Effective Duration 3.00 years

USD | NAV as of May 08, 2024 | 1-Day Return as of May 08, 2024, 10:06 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.

  • Process Pillar

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

  • People Pillar

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

A strong team plying a robust and proven process.

Analyst Jeana Marie Doubell

Jeana Marie Doubell

Analyst

Summary

MainStay MacKay High Yield Corporate Bond boasts a skilled lead manager and stable team running a structured, risk-aware process.

by Jeana Marie Doubell
Rated on Published on

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Portfolio Holdings MKHCX

More MKHCX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 7.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Us Dollar

5.04 556.3 Mil
Cash and Equivalents

Cash

1.10 121.9 Mil
Cash and Equivalents

Sprint Capital Corporation 6.875%

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NMG Holding Co Inc. 7.125%

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TransDigm, Inc. 6.25%

0.76 84.2 Mil
Corporate

Gulfport Energy Corp Ordinary Shares (New)

0.76 83.9 Mil
Energy

TransDigm, Inc. 6.375%

0.71 78.3 Mil
Corporate

Clarivate Science Holdings Corp. 4.875%

0.57 63.3 Mil
Corporate

Mercer International Inc. 5.125%

0.55 60.7 Mil
Corporate