Morningstar

NYLIM Floating Rate Class I MXFIX

Morningstar Medalist Rating
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  • NAV / 1-Day Return $8.43  /  +0.12 %
  • Fund Size $1.4B
  • Adjusted Expense Ratio 0.710%
  • Net Expense Ratio 0.710%
  • Fee Level: Distribution Average
  • Share Class Type Institutional
  • Morningstar Category Bank Loan
  • Fixed-Income Style Box (Funds) Low/Limited
  • Minimum Initial Investment $1M
  • Investment Status Open
  • TTM Yield 6.88%
  • Average Effective Duration 0.29 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis MXFIX

Will MXFIX 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 MXFIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the MXFIX 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 MXFIX’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 MXFIX

More MXFIX 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
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Carrix, Inc.

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