MainStay MacKay High Yield Corporate Bond has a stable and experienced team in place that implements a structured process for security selection and portfolio construction. The team’s consistent execution of its risk aware-approach earns a Process Pillar rating upgrade to Above Average, resulting in a Morningstar Medalist Rating of Bronze for most share classes and Neutral ratings for its more-expensive B and C share classes.
MainStay MacKay High Yield Corp Bd C MYHCX
- NAV / 1-Day Return 5.10 / −0.15 %
- Total Assets 10.5 Bil
-
Adj. Expense Ratio
- Expense Ratio 1.890%
- Distribution Fee Level High
- Share Class Type Level Load
- Category High Yield Bond
- Credit Quality / Interest Rate Sensitivity Low/Limited
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 4.96%
- Effective Duration 3.00 years
USD | NAV as of Apr 30, 2024 | 1-Day Return as of Apr 30, 2024, 9:57 PM GMT+0
Morningstar’s Analysis MYHCX
Will MYHCX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 7.1
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Us Dollar | 5.04 | 556.3 Mil | Cash and Equivalents |
Cash | 1.10 | 121.9 Mil | Cash and Equivalents |
Sprint Capital Corporation 6.875% | 1.00 | 110.3 Mil | Corporate |
Great Outdoors Group, Llc-Term B-2 Loan Cme Term S | 0.90 | 99.8 Mil | Corporate |
NMG Holding Co Inc. 7.125% | 0.83 | 92.1 Mil | Corporate |
TransDigm, Inc. 6.25% | 0.76 | 84.2 Mil | Corporate |
Gulfport Energy Corp Ordinary Shares (New) | 0.76 | 83.9 Mil | Energy |
TransDigm, Inc. 6.375% | 0.71 | 78.3 Mil | Corporate |
Clarivate Science Holdings Corp. 4.875% | 0.57 | 63.3 Mil | Corporate |
Mercer International Inc. 5.125% | 0.55 | 60.7 Mil | Corporate |