Morningstar

NYLIM Floating Rate Class A MXFAX

Morningstar Medalist Rating
Medalist Rating as of | See New York Life Investment Management Investment Hub
  • NAV / 1-Day Return 8.50  /  0.00
  • Total Assets 1.3B
  • Adj. Expense Ratio
    0.960%
  • Expense Ratio 0.960%
  • Distribution Fee Level Low
  • Share Class Type Front Load
  • Category Bank Loan
  • Credit Quality / Interest Rate Sensitivity Low/Limited
  • Min. Initial Investment 15,000
  • Status Open
  • TTM Yield 6.62%
  • Effective Duration 0.28 years

USD | NAV as of Oct 03, 2026 | 1-Day Return as of Oct 03, 2026, 12:11 AM GMT+0

Morningstar’s Analysis MXFAX

Will MXFAX outperform in the 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 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 Published on

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Portfolio Holdings MXFAX

More MXFAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 6.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Bills 0%

1.97 26M
Government

United States Treasury Bills 0%

1.38 18M
Government

Qts Thunder Managing Issuer Llc

0.90 12M
Corporate

Athenahealth Group Inc

0.73 10M
Corporate

Allied Universal Holdco Llc

0.69 9M
Corporate

Indy Us Holdco Llc

0.66 9M
Corporate

Hologic Inc

0.66 9M
Corporate

Transdigm Inc.

0.66 9M
Corporate

Scih Salt Holdings Inc

0.64 8M
Corporate

Carrix, Inc.

0.57 7M
Corporate

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