MGHHX: MainStay MacKay Emerging Markets DebtInv

Welcome to MutualFunds.com

Please help us personalize your experience and select the one that best describes you.

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission

We hope you enjoy your experience

Channels

Find the latest content and information here about the 2019 Charles Schwab Impact Conference.

Advisors

Receive email updates about fund flows, news, upcoming CE accredited webcasts from industry thought leaders and more.

Content focused on helping financial advisors build successful client relationships and grow their business.

Content geared towards helping financial advisors build better client portfolios.

Get insights on the industry trends and investment news from leading fund managers and experts.

MGHHX MainStay MacKay Emerging Markets DebtInv


Profile

MGHHX - Profile

Vitals

  • YTD Return -19.5%
  • 3 Yr Annualized Return -6.6%
  • 5 Yr Annualized Return -2.8%
  • Net Assets $138 M
  • Holdings in Top 10 19.5%

52 WEEK LOW AND HIGH

$8.65
$7.97
$11.03

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.56%

SALES FEES

  • Front Load 4.50%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 102.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $1,000
  • IRA N/A

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Emerging Markets Bond

Distributions

  • YTD Total Return -19.5%
  • 3 Yr Annualized Total Return -4.0%
  • 5 Yr Annualized Total Return 0.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 4.50%
DIVIDENDS
  • Dividend Yield 0.4%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    MainStay Candriam Emerging Markets Debt Fund
  • Fund Family Name
    MainStay
  • Inception Date
    Feb 28, 2008
  • Shares Outstanding
    N/A
  • Share Class
    Inv
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Magda Branet

Fund Description

The fund invests at least 80% of its assets (net assets plus any borrowings for investment purposes). Some of the securities in which the fund invests may be denominated in foreign currency. The fund's principal investments include sovereign, quasi-sovereign and corporate Eurobonds. The fund may invest up to 20% of its total assets in swaps, including credit default swaps.


Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.


Categories

Performance

MGHHX - Performance

Return Ranking - Trailing

Period MGHHX Return Category Return Low Category Return High Rank in Category (%)
YTD -19.5% -41.5% 14.0% 92.44%
1 Yr -17.3% -48.5% 18.0% 92.09%
3 Yr -6.6%* -28.6% 7.1% 85.17%
5 Yr -2.8%* -19.7% 19.7% 58.12%
10 Yr -2.9%* -10.7% 10.1% 82.22%

* Annualized

Return Ranking - Calendar

Period MGHHX Return Category Return Low Category Return High Rank in Category (%)
2019 10.6% -21.7% 32.8% 11.72%
2018 -11.1% -35.5% 3.9% 72.37%
2017 6.7% -15.9% 20.0% 23.00%
2016 8.7% -11.7% 219.0% 8.46%
2015 -7.8% -29.9% 14.0% 57.00%

Total Return Ranking - Trailing

Period MGHHX Return Category Return Low Category Return High Rank in Category (%)
YTD -19.5% -41.5% 14.0% 92.44%
1 Yr -17.3% -48.5% 18.0% 92.09%
3 Yr -4.0%* -28.6% 7.1% 64.42%
5 Yr 0.9%* -19.7% 25.2% 17.03%
10 Yr 2.6%* -10.7% 18.0% 11.56%

* Annualized

Total Return Ranking - Calendar

Period MGHHX Return Category Return Low Category Return High Rank in Category (%)
2019 11.2% -21.7% 32.8% 9.70%
2018 -7.0% -35.5% 3.9% 54.35%
2017 11.1% -15.9% 21.6% 15.33%
2016 14.4% -10.4% 242.1% 2.94%
2015 -2.5% -29.9% 22.6% 21.30%

NAV & Total Return History


Holdings

MGHHX - Holdings

Concentration Analysis

MGHHX Category Low Category High MGHHX % Rank
Net Assets 138 M 1.03 M 14.8 B 59.80%
Number of Holdings 119 4 5189 73.40%
Net Assets in Top 10 27.4 M -1.05 B 12 B 65.29%
Weighting of Top 10 19.50% 5.6% 362.0% 68.15%

Top 10 Holdings

  1. Ghana, Republic of 7.88% 3.18%
  2. PT Pertamina (Persero) 5.62% 2.09%
  3. Croatia (Republic Of) 6% 2.04%
  4. Republic of Ecuador 9.5% 1.83%
  5. State Oil Company of the Azerbaijan Republic 6.95% 1.76%
  6. Dominican Republic 5.95% 1.76%
  7. Indonesia (Republic of) 5.12% 1.74%
  8. Emirate of Abu Dhabi 2.5% 1.73%
  9. Romania 5.12% 1.69%
  10. JSC National Company KazMunayGas 5.38% 1.69%

Asset Allocation

Weighting Return Low Return High MGHHX % Rank
Bonds
97.15% 80.25% 414.44% 33.85%
Cash
1.94% -360.21% 88.58% 55.33%
Other
0.91% -45.70% 49.32% 17.78%
Stocks
0.00% -100.67% 110.51% 80.37%
Preferred Stocks
0.00% 0.00% 11.06% 77.52%
Convertible Bonds
0.00% 0.00% 16.60% 90.90%

Expenses

MGHHX - Expenses

Operational Fees

MGHHX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.56% 0.01% 38.91% 35.67%
Management Fee 0.70% 0.00% 2.50% 65.34%
12b-1 Fee 0.25% 0.00% 1.00% 46.83%
Administrative Fee N/A 0.01% 0.50% N/A

Sales Fees

MGHHX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 4.50% 0.75% 5.75% 39.81%
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

MGHHX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

MGHHX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 102.00% 0.00% 479.00% 57.65%

Distributions

MGHHX - Distributions

Dividend Yield Analysis

MGHHX Category Low Category High MGHHX % Rank
Dividend Yield 0.43% 0.00% 4.75% 22.44%

Dividend Distribution Analysis

MGHHX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Monthly Annually

Net Income Ratio Analysis

MGHHX Category Low Category High MGHHX % Rank
Net Income Ratio 4.50% -2.28% 11.37% 33.76%

Capital Gain Distribution Analysis

MGHHX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

MGHHX - Fund Manager Analysis

Managers

Magda Branet


Start Date

Tenure

Tenure Rank

Jun 21, 2019

0.69

0.7%

Diliana Deltcheva


Start Date

Tenure

Tenure Rank

Jun 21, 2019

0.69

0.7%

Christopher Mey


Start Date

Tenure

Tenure Rank

Jun 21, 2019

0.69

0.7%

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 29.18 6.01 10.5