MXFAX : MainStay Floating Rate Fund Class A

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

MXFAX

MainStay Floating Rate Fund Class A

FI Score

34 /100

Expense Ratio Rating

4 /10

Expense Rating

0 /10

Market Score

7 /10

Category Score

0 /10

Market Size

7 /10

34% FI Score
  • mxfax
  • Mutual Fund
  • Bond
  • High Yield Bond

MainStay Floating Rate Fund Class A

Expenses: 1.09% (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 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.

Largest Holdings

Amount Holding
1.04% CHARTER COMMUNICATIONS OPERATI 2019 TERM LOAN B1
0.78% BAUSCH HEALTH COMPANIES INC. INITIAL TERM
0.76% MCAFEE LLC TERM LOAN B 1
0.69% SCIENTIFIC GAMES INTL INC TERM B 5
0.67% SBA SR FIN II LLC TERM LOAN B
0.67% Sprint Corporation 7.25%
0.58% MH SUB I LLC AMENDMENT NO. 2 INITIAL TERM
0.57% CALPINE CORPORATION TERM LOAN B5
0.57% BJS WHOLESALE CLUB INC TERM LOAN
0.56% COMMSCOPE INC TERM LOAN B
0.56% ZAYO GROUP HOLDINGS INC USD TERM LOAN
0.55% RADIATE HOLDCO LLC CLOSING DATE TERM LOAN
0.53% SPRINT COMMUNICATIONS INC TERM LOAN B
0.53% VISTRA OPERATIONS COMPANY LLC TERM LOAN B
0.53% TEMPO ACQUISITION LLC TERM LOAN B
0.52% RED VENTURES LLC 2020 TERM LOAN B
0.52% UNIVISION COMMUNICATIONS 2017 REPLACEMENT REPRICED NEW
0.52% SS C TECHNOLOGIES INC TERM LOAN B 3
0.51% DEERFIELD HLDGS CORP ACQUISITION
0.50% CSC HOLDINGS, LLC 2019 TERM LOAN B5
0.49% ASSUREDPARTNERS INC 2020 TERM LOAN B
0.49% US FOODS INC TERM LOAN B
0.49% PRIME SECURITY SVCS BRWR LLC 2019 TERM LOAN B1
0.48% INTRAWEST RESORTS HLDGS INC TERM LOAN B 1
0.48% SEDGWICK CLAIMS MGMT SVCS INC TERM LOAN B

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