MXFIX : MainStay Floating Rate Fund Class I

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

MXFIX

MainStay Floating Rate Fund Class I

FI Score

43 /100

Expense Ratio Rating

6 /10

Expense Rating

2 /10

Market Score

7 /10

Category Score

0 /10

Market Size

7 /10

43% FI Score
  • mxfix
  • Mutual Fund
  • Bond
  • High Yield Bond

MainStay Floating Rate Fund Class I

Expenses: 0.84% (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 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
1.02% CHARTER COMMUNICATIONS OPERATI 2019 TERM LOAN B1
0.77% BAUSCH HEALTH COMPANIES INC. INITIAL TERM
0.77% 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
0.61% MH SUB I LLC AMENDMENT NO. 2 INITIAL TERM
0.57% BJS WHOLESALE CLUB INC TERM LOAN
0.56% CALPINE CORPORATION TERM LOAN B5
0.56% RADIATE HOLDCO LLC CLOSING DATE TERM LOAN
0.55% COMMSCOPE INC TERM LOAN B
0.55% ZAYO GROUP HOLDINGS INC USD TERM LOAN
0.53% UNIVISION COMMUNICATIONS 2017 REPLACEMENT REPRICED NEW
0.53% VISTRA OPERATIONS COMPANY LLC TERM LOAN B
0.52% SS C TECHNOLOGIES INC TERM LOAN B 3
0.51% ASSUREDPARTNERS INC 2020 TERM LOAN B
0.51% GRANITE GENERATION LLC TERM LOAN B
0.50% PRIME SECURITY SVCS BRWR LLC 2019 TERM LOAN B1
0.49% Examworks Group, Inc. 2017 Term Loan
0.49% INTRAWEST RESORTS HLDGS INC TERM LOAN B 1
0.49% SEDGWICK CLAIMS MGMT SVCS INC TERM LOAN B
0.48% CSC HOLDINGS, LLC 2019 TERM LOAN B5
0.48% US FOODS INC TERM LOAN B
0.47% EDGEWATER GENERATION L L C TERM LOAN
0.45% BWAY HLDG CO TERM LOAN
0.45% GRAFTECH INTL LTD TERM LOAN B

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