MMHEX – Fund Analysis – NYLIM MacKay High Yield Muni Bond Cl R6 | Morningstar

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Will MMHEX outperform in the future?

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Process Pillar

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

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

A top-tier, high-yield tax-exempt offering.

Principal Paul Olmsted

Paul Olmsted

Principal

Summary

NYLI MacKay High Yield Muni Bond benefits from deep municipal industry expertise, a collaborative team, and a proven relative value approach, placing it among the best high-yield municipal funds.

by Paul Olmsted

Rated on Aug 6, 2026 Published on Aug 6, 2026

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