MainStay MacKay High Yield Municipal Bond stands out for its seasoned team and aggressive yet disciplined approach supporting a Morningstar Analyst Rating of Bronze for most share classes, while its expensive C share class is rated Neutral.
Will MMHDX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable MMHDX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the MMHDX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of MMHDX’s parent organization’s priorities and whether they’re in line with investors’ interests.