Morningstar

NYLI Floating Rate Investor Class MXFNX

Morningstar Medalist Rating
Medalist Rating as of | See New York Life Investment Hub
  • NAV / 1-Day Return 8.53  /  0.00
  • Total Assets 1.3B
  • Adj. Expense Ratio
    1.110%
  • Expense Ratio 1.110%
  • Distribution Fee Level High
  • Share Class Type Front Load
  • Category Bank Loan
  • Credit Quality / Interest Rate Sensitivity Low/Limited
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 6.71%
  • Effective Duration 0.28 years

USD | NAV as of Jul 22, 2026 | 1-Day Return as of Jul 22, 2026, 12:11 AM GMT+0

Morningstar’s Analysis MXFNX

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

  • People Pillar

    The People Pillar is our evaluation of the MXFNX 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 MXFNX’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

Unlock our full analysis with Morningstar Investor

Portfolio Holdings MXFNX

More MXFNX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 6.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Bills 0%

0.97 13M
Government

United States Treasury Bills 0%

0.80 10M
Government

Government National Mortgage Association

0.74 10M
Securitized

Allied Universal Holdco Llc

0.70 9M
Corporate

Genesys Cloud Services, Inc.

0.69 9M
Corporate

Indy Us Holdco Llc

0.67 9M
Corporate

Hologic Inc

0.67 9M
Corporate

Transdigm Inc.

0.66 9M
Corporate

Sedgwick Claims Management Services, Inc.

0.61 8M
Corporate

United States Treasury Bills 0%

0.59 8M
Government

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