MIXAX : MainStay Short Term Bond Fund Class A

MIXAX is a Bond Market High Yield Bond with MODERATE fees.

MIXAX

MainStay Short Term Bond Fund Class A

FI Score

41 /100

Expense Ratio Rating

8 /10

Expense Rating

4 /10

Market Score

3 /10

Category Score

0 /10

Market Size

3 /10

41% FI Score
  • mixax
  • Mutual Fund
  • Bond
  • High Yield Bond

MainStay Short Term Bond Fund Class A

Expenses: 0.60% (Better than 1% of similar funds)

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

Fund Summary

The investment seeks current income consistent with capital preservation. The fund, under normal circumstances, invests at least 80% of its assets (net assets plus any borrowings for investment purposes) in debt securities. Under normal circumstances, it invests at least 80% of net assets in investment grade quality bonds of various types as rated by a nationally recognized statistical rating organization ("NRSRO"), or if unrated, judged to be of comparable quality by NYL Investors LLC, the fund's Subadvisor. The fund may invest up to 20% of its net assets in bonds rated below investment grade by a NRSRO, commonly referred to as "high yield" or "junk" bonds.

Largest Holdings

Amount Holding
30.60% 2 Year Treasury Note Future June 20
2.78% United States Treasury Notes 1.12%
1.45% United States Treasury Notes 1.62%
1.39% Goldman Sachs Group, Inc. 3.62%
1.38% KeyBank National Association 1.25%
1.35% JPMorgan Chase & Co. 3.88%
1.32% United States Treasury Notes 2.5%
1.31% Regatta Funding Limited/Corp 3.27%
1.28% Citigroup Inc. 3.75%
1.25% AstraZeneca Plc 2.36%
1.16% AT&T Inc 3.55%
1.16% HSBC Holdings plc 4.25%
1.16% J.P. MORGAN MORTGAGE TRUST 2.58%
1.15% BX COMMERCIAL MORTGAGE TRUST 1.62%
1.06% SEQUOIA MORTGAGE TRUST 3%
1.06% PNC Bank, National Association 2%
1.06% SEQUOIA MORTGAGE TRUST 3.5%
1.05% Bank of Montreal 3.3%
1.04% BETONY CLO LTD/LLC 2.85%
1.00% AbbVie Inc. 2.3%
0.99% National Retail Properties, Inc. 3.9%
0.99% APIDOS CDO XXXII 3%
0.98% Dryden 57 Clo Ltd 2.7%
0.98% BMW US Capital, LLC 3.45%

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