Morningstar

NYLIM Floating Rate Class A MXFAX

Medalist Rating as of Jun 4, 2026 See New York Life Investment Management Investment Hub

Will MXFAX outperform in the future?

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

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Process Pillar

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

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

A sound bank-loan fund option.

Senior Analyst Chris Tate

Chris Tate

Senior Analyst

Summary

Strong leadership, supported by a deep bench of analysts, guides NYLI Floating Rate’s disciplined and cautious strategy.

by Chris Tate

Rated on Jun 4, 2026 Published on Jun 4, 2026

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