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Trending ETFs

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$5.58

$12.1 B

5.03%

$0.28

0.99%

Vitals

YTD Return

-0.7%

1 yr return

9.4%

3 Yr Avg Return

6.4%

5 Yr Avg Return

5.4%

Net Assets

$12.1 B

Holdings in Top 10

6.9%

52 WEEK LOW AND HIGH

$5.6
$5.57
$5.71

Expenses

OPERATING FEES

Expense Ratio 0.99%

SALES FEES

Front Load 4.50%

Deferred Load N/A

TRADING FEES

Turnover 38.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$15,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund

Investment Style

High Yield Bond


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$5.58

$12.1 B

5.03%

$0.28

0.99%

MHCAX - Profile

Distributions

  • YTD Total Return -0.7%
  • 3 Yr Annualized Total Return 4.7%
  • 5 Yr Annualized Total Return 4.5%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 5.35%
DIVIDENDS
  • Dividend Yield 5.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    MainStay MacKay High Yield Corporate Bond Fund
  • Fund Family Name
    MainStay
  • Inception Date
    Jan 03, 1995
  • Shares Outstanding
    691961589
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Andrew Susser

MHCAX - Performance

Return Ranking - Trailing

Period MHCAX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.7% -69.1% 13.5% 44.60%
1 Yr 9.4% -16.2% 44.9% 59.80%
3 Yr 6.4%* -10.0% 17.4% 52.48%
5 Yr 5.4%* -5.0% 13.4% 53.90%
10 Yr 6.0%* 1.9% 11.1% 41.25%

* Annualized

Return Ranking - Calendar

Period MHCAX Return Category Return Low Category Return High Rank in Category (%)
2020 -1.1% -75.1% 399.1% 61.59%
2019 6.6% -56.9% 226.1% 66.19%
2018 -7.3% -61.3% -0.4% 25.49%
2017 0.2% -49.0% 18.8% 79.60%
2016 8.3% -25.2% 28.6% 28.60%

Total Return Ranking - Trailing

Period MHCAX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.7% -69.1% 13.5% 44.86%
1 Yr 4.4% -18.7% 52.4% 91.08%
3 Yr 4.7%* -10.0% 16.3% 80.50%
5 Yr 4.5%* -5.0% 12.7% 80.08%
10 Yr 5.5%* 1.9% 11.1% 62.98%

* Annualized

Total Return Ranking - Calendar

Period MHCAX Return Category Return Low Category Return High Rank in Category (%)
2020 -1.1% -75.1% 399.1% 61.59%
2019 7.6% -56.9% 23.9% 55.01%
2018 -1.9% -61.3% 0.9% 4.86%
2017 6.5% -49.0% 18.8% 10.87%
2016 15.5% -25.2% 39.0% 4.50%

NAV & Total Return History


MHCAX - Holdings

Concentration Analysis

MHCAX Category Low Category High MHCAX % Rank
Net Assets 12.1 B 3.07 M 29.7 B 5.01%
Number of Holdings 665 1 2599 18.36%
Net Assets in Top 10 846 M -557 M 3.74 B 7.32%
Weighting of Top 10 6.93% 2.6% 100.0% 84.86%

Top 10 Holdings

  1. Sprint Capital Corporation 6.875% 1.10%
  2. Gulfport Energy Corp Ordinary Shares (New) 0.77%
  3. Fs Energy & Power Fund 7.5% 0.72%
  4. Talos Prodtn Inc 12% 0.71%
  5. TransDigm, Inc. 6.25% 0.69%
  6. Great Outdoors Group, Llc-Term B-1 Loan Libor+4.25 0.66%
  7. Great Outdoors Group, Llc-Term B-1 Loan Libor+4.25 0.66%
  8. Great Outdoors Group, Llc-Term B-1 Loan Libor+4.25 0.66%
  9. Great Outdoors Group, Llc-Term B-1 Loan Libor+4.25 0.66%
  10. Great Outdoors Group, Llc-Term B-1 Loan Libor+4.25 0.66%

Asset Allocation

Weighting Return Low Return High MHCAX % Rank
Bonds
89.33% 0.00% 149.08% 79.90%
Cash
5.33% -45.82% 100.00% 22.95%
Convertible Bonds
2.45% 0.00% 44.61% 21.34%
Stocks
2.24% -1.62% 41.23% 15.51%
Other
0.45% -53.57% 32.06% 12.53%
Preferred Stocks
0.18% 0.00% 13.89% 43.30%

Stock Sector Breakdown

Weighting Return Low Return High MHCAX % Rank
Energy
74.61% 0.00% 100.00% 24.90%
Industrials
14.89% 0.00% 100.00% 7.91%
Basic Materials
8.45% 0.00% 100.00% 20.75%
Financial Services
0.60% 0.00% 100.00% 30.04%
Healthcare
0.51% 0.00% 42.36% 20.55%
Consumer Defense
0.27% 0.00% 100.00% 19.37%
Technology
0.23% 0.00% 60.77% 23.52%
Utilities
0.14% 0.00% 100.00% 26.88%
Communication Services
0.13% 0.00% 100.00% 48.42%
Consumer Cyclical
0.09% 0.00% 100.00% 35.18%
Real Estate
0.08% 0.00% 100.00% 15.42%

Stock Geographic Breakdown

Weighting Return Low Return High MHCAX % Rank
US
2.15% -5.96% 35.96% 16.63%
Non US
0.09% 0.00% 6.01% 18.86%

Bond Sector Breakdown

Weighting Return Low Return High MHCAX % Rank
Corporate
94.26% 0.00% 100.00% 54.29%
Cash & Equivalents
5.49% 0.00% 100.00% 26.34%
Derivative
0.26% 0.00% 43.49% 15.65%
Securitized
0.00% 0.00% 94.78% 48.45%
Municipal
0.00% 0.00% 11.89% 17.39%
Government
0.00% 0.00% 99.86% 37.76%

Bond Geographic Breakdown

Weighting Return Low Return High MHCAX % Rank
US
78.69% -131.66% 137.02% 57.57%
Non US
10.64% 0.00% 133.67% 67.37%

MHCAX - Expenses

Operational Fees

MHCAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.99% 0.03% 4.79% 37.36%
Management Fee 0.54% 0.00% 1.84% 43.09%
12b-1 Fee 0.25% 0.00% 1.00% 22.74%
Administrative Fee N/A 0.00% 0.50% N/A

Sales Fees

MHCAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 4.50% 0.00% 5.75% 10.61%
Deferred Load N/A 0.00% 5.50% N/A

Trading Fees

MHCAX 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.

MHCAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 38.00% 0.00% 347.00% 11.62%

MHCAX - Distributions

Dividend Yield Analysis

MHCAX Category Low Category High MHCAX % Rank
Dividend Yield 5.03% 0.00% 34.04% 15.23%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

MHCAX Category Low Category High MHCAX % Rank
Net Income Ratio 5.35% -2.39% 10.53% 26.12%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

MHCAX - Fund Manager Analysis

Managers

Andrew Susser


Start Date

Tenure

Tenure Rank

Feb 28, 2013

8.68

8.7%

Mr. Susser is an Executive Managing Director of MacKay Shields. Prior to joining MacKay Shields in 2006, Mr. Susser was a Portfolio Manager with Golden Tree Asset Management. Previously, he was a Managing Director and Head of High Yield Bond Research at Banc of America Securities. From 1999 to 2004, Andrew was named to the Institutional Investor All-America Fixed Income Research Team; from 2002 to 2004, he was ranked by Institutional Investor as the No. 1 analyst in the high yield sector. Andrew also worked as a Fixed Income Analyst for Salomon Brothers, as a Senior Analyst at Moody's Investors Service and as a Market Analyst and Institutional Trading Liaison for Merrill Lynch Capital Markets. He began his career as a Corporate Finance and M&A Attorney at Shearman & Sterling in their New York office. Andrew received a BA from Vassar College, an MBA from the Wharton Graduate School of Business and a JD from the University of Pennsylvania Law School. He has been working in the investment industry since 1986.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 37.21 6.86 2.34