MXFMX – NYLIM Floating Rate SIMPLE Class Investment Strategy | Morningstar

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Strategy

The investment seeks high current income. The fund invests at least 80% of its assets (net assets plus any borrowings for investment purposes) in a portfolio of floating rate loans and other floating rate debt securities. When the fund's Subadvisor believes that market or economic conditions are unfavorable to investors, up to 100% of the fund's assets may be invested in money market or short-term debt securities. The fund may invest up to 25% of its total assets in foreign securities which are generally U.S. dollar-denominated loans and other debt securities issued by one or more non-U.S. borrower(s) without a U.S. domiciled co-borrower.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
MXFIX	NYLIM Floating Rate Class I	Institutional	Open			May 3, 2004	$497.06M	0.710%	Average	$1M	−$81.78M
MXFAX	NYLIM Floating Rate Class A	Front Load	Open			May 3, 2004	$539.73M	0.960%	Low	$15,000	−$135.49M
MXFNX	NYLIM Floating Rate Investor Class	Front Load	Open			Feb 28, 2008	$12.86M	1.110%	High	$1,000	−$2.56M
MXFCX	NYLIM Floating Rate Class C	Level Load	Open			May 3, 2004	$26.04M	1.860%	High	$1,000	−$7.85M
MXFMX	NYLIM Floating Rate SIMPLE Class	Level Load	Open			Aug 31, 2020	$568,875.00	1.200%	Low	$1,000	−$46,126.01
MXFEX	NYLIM Floating Rate Class R6	Retirement, Large	Open			Feb 28, 2019	$238.83M	0.640%	Below Average	$0	$44.07M

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