MHCAX : MainStay MacKay High Yield Corporate Bond Fund Class A

MHCAX is a Bond Market High Yield Bond with HIGH fees.

MHCAX

MainStay MacKay High Yield Corporate Bond Fund Class A

FI Score

47 /100

Expense Ratio Rating

5 /10

Expense Rating

0 /10

Market Score

10 /10

Category Score

0 /10

Market Size

10 /10

47% FI Score
  • mhcax
  • Mutual Fund
  • Bond
  • High Yield Bond

MainStay MacKay High Yield Corporate Bond Fund Class A

Expenses: 0.99% (Better than 0% of similar funds)

This is a bad choice for a High Yield Bond Bond fund. See why ยป

Fund Summary

The investment seeks maximum current income through investment in a diversified portfolio of high-yield debt securities; capital appreciation is a secondary objective. The fund, under normal circumstances, invests at least 80% of its assets (net assets plus any borrowings for investment purposes) in high-yield corporate debt securities, including all types of high-yield domestic and foreign corporate debt securities that are rated below investment grade or that are unrated but are considered to be of comparable quality by the Subadvisor. It may invest up to 20% of its net assets in common stocks and other equity-related securities.

Largest Holdings

Amount Holding
1.43% Sprint Capital Corporation 6.88%
1.02% Genon
0.84% TransDigm, Inc. 6.25%
0.76% Grinding Media Inc. and MC Grinding Media (Canada) Inc. 7.38%
0.75% Smurfit Capital Funding plc 7.5%
0.74% Novelis Corporation 5.88%
0.73% MGM Growth Properties Operating Partnership LP/ MGP Escrow Co Issuer Inc. 5
0.71% BASS PRO GROUP LLC TERM LOAN B
0.71% Big River Steel LLC / BRS Finance Corp 7.25%
0.69% Mattel, Inc. 6.75%
0.66% Equinix, Inc. 5.38%
0.63% FS ENERGY & POWER FUND 7.5%
0.62% LCPR Senior Secured Financing Designated Activity Company 6.75%
0.59% T-Mobile USA, Inc. 6.5%
0.58% Equinix, Inc. 5.88%
0.58% Sprint Corporation 7.88%
0.58% Gartner Incorporation 5.12%
0.56% Lamar Media Corp. 5.75%
0.56% CCO Holdings, LLC/ CCO Holdings Capital Corp. 4.5%
0.55% Prestige Brands, Inc. 6.38%
0.55% Comstock Escrow Corp 9.75%
0.55% Carlson Travel Inc 6.75%
0.55% TPC Group Inc 10.5%
0.54% PTC Inc 6%
0.53% IHS Markit Ltd 5%

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