MainStay MacKay High Yield Corp Bd A
Fund
MHCAX
Price as of:
$5.58
+ $0.01
+ 0.18%
Primary Theme
fund company
Name
Price
Aum/Mkt Cap
YIELD & DIV
Exp Ratio
Watchlist
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
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%
- Dividend Yield 5.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameMainStay MacKay High Yield Corporate Bond Fund
-
Fund Family NameMainStay
-
Inception DateJan 03, 1995
-
Shares Outstanding691961589
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerAndrew 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
- Sprint Capital Corporation 6.875% 1.10%
- Gulfport Energy Corp Ordinary Shares (New) 0.77%
- Fs Energy & Power Fund 7.5% 0.72%
- Talos Prodtn Inc 12% 0.71%
- TransDigm, Inc. 6.25% 0.69%
- Great Outdoors Group, Llc-Term B-1 Loan Libor+4.25 0.66%
- Great Outdoors Group, Llc-Term B-1 Loan Libor+4.25 0.66%
- Great Outdoors Group, Llc-Term B-1 Loan Libor+4.25 0.66%
- Great Outdoors Group, Llc-Term B-1 Loan Libor+4.25 0.66%
- 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
| Date | Amount |
|---|---|
| Mar 29, 2019 | $0.026 |
| Feb 28, 2019 | $0.026 |
| Jan 31, 2019 | $0.026 |
| Dec 20, 2018 | $0.026 |
| Nov 30, 2018 | $0.026 |
| Oct 31, 2018 | $0.026 |
| Sep 28, 2018 | $0.026 |
| Aug 31, 2018 | $0.026 |
| Jul 31, 2018 | $0.026 |
| Jun 29, 2018 | $0.026 |
| May 31, 2018 | $0.026 |
| Apr 30, 2018 | $0.026 |
| Mar 29, 2018 | $0.026 |
| Feb 28, 2018 | $0.026 |
| Jan 31, 2018 | $0.026 |
| Dec 21, 2017 | $0.030 |
| Nov 30, 2017 | $0.030 |
| Oct 31, 2017 | $0.030 |
| Sep 29, 2017 | $0.030 |
| Aug 31, 2017 | $0.030 |
| Jul 31, 2017 | $0.030 |
| Jun 30, 2017 | $0.030 |
| May 31, 2017 | $0.030 |
| Apr 28, 2017 | $0.030 |
| Mar 31, 2017 | $0.030 |
| Feb 28, 2017 | $0.030 |
| Jan 31, 2017 | $0.030 |
| Dec 15, 2016 | $0.030 |
| Nov 30, 2016 | $0.030 |
| Oct 31, 2016 | $0.030 |
| Sep 30, 2016 | $0.030 |
| Aug 31, 2016 | $0.030 |
| Jul 29, 2016 | $0.030 |
| Jun 30, 2016 | $0.030 |
| May 31, 2016 | $0.030 |
| Apr 29, 2016 | $0.030 |
| Mar 31, 2016 | $0.030 |
| Feb 29, 2016 | $0.030 |
| Jan 29, 2016 | $0.030 |
| Dec 16, 2015 | $0.030 |
| Nov 30, 2015 | $0.030 |
| Oct 30, 2015 | $0.030 |
| Sep 30, 2015 | $0.030 |
| Aug 31, 2015 | $0.030 |
| Jul 31, 2015 | $0.030 |
| Jun 30, 2015 | $0.030 |
| May 29, 2015 | $0.030 |
| Apr 30, 2015 | $0.030 |
| Mar 31, 2015 | $0.030 |
| Feb 27, 2015 | $0.030 |
| Jan 30, 2015 | $0.030 |
| Dec 16, 2014 | $0.033 |
| Nov 28, 2014 | $0.033 |
| Oct 31, 2014 | $0.033 |
| Sep 29, 2014 | $0.033 |
| Aug 29, 2014 | $0.033 |
| Jul 31, 2014 | $0.033 |
| Jun 27, 2014 | $0.033 |
| May 30, 2014 | $0.033 |
| Apr 30, 2014 | $0.033 |
| Mar 28, 2014 | $0.033 |
| Feb 28, 2014 | $0.033 |
| Jan 31, 2014 | $0.033 |
| Dec 16, 2013 | $0.035 |
| Nov 29, 2013 | $0.035 |
| Oct 31, 2013 | $0.035 |
| Sep 27, 2013 | $0.035 |
| Aug 30, 2013 | $0.035 |
| Jul 31, 2013 | $0.035 |
| Jun 27, 2013 | $0.035 |
| May 31, 2013 | $0.035 |
| Apr 30, 2013 | $0.035 |
| Mar 28, 2013 | $0.035 |
| Feb 28, 2013 | $0.035 |
| Jan 31, 2013 | $0.035 |
| Dec 03, 2012 | $0.035 |
| Nov 30, 2012 | $0.035 |
| Oct 31, 2012 | $0.035 |
| Sep 27, 2012 | $0.035 |
| Aug 31, 2012 | $0.035 |
| Jul 31, 2012 | $0.035 |
| Jun 28, 2012 | $0.035 |
| May 31, 2012 | $0.035 |
| Apr 30, 2012 | $0.035 |
| Mar 30, 2012 | $0.035 |
| Feb 29, 2012 | $0.035 |
| Jan 31, 2012 | $0.035 |
| Dec 13, 2011 | $0.035 |
| Nov 30, 2011 | $0.035 |
| Oct 31, 2011 | $0.035 |
| Sep 29, 2011 | $0.035 |
| Aug 31, 2011 | $0.035 |
| Jul 29, 2011 | $0.035 |
| Jun 29, 2011 | $0.035 |
| May 31, 2011 | $0.035 |
| Apr 29, 2011 | $0.035 |
| Mar 30, 2011 | $0.035 |
| Feb 28, 2011 | $0.035 |
| Jan 31, 2011 | $0.035 |
| Dec 20, 2010 | $0.035 |
| Nov 30, 2010 | $0.035 |
| Oct 29, 2010 | $0.035 |
| Sep 29, 2010 | $0.035 |
| Aug 31, 2010 | $0.035 |
| Jul 30, 2010 | $0.035 |
| Jun 29, 2010 | $0.035 |
| May 28, 2010 | $0.035 |
| Apr 30, 2010 | $0.035 |
| Mar 30, 2010 | $0.035 |
| Feb 26, 2010 | $0.035 |
| Jan 29, 2010 | $0.037 |
| Dec 18, 2009 | $0.037 |
| Nov 30, 2009 | $0.037 |
| Oct 30, 2009 | $0.037 |
| Sep 25, 2009 | $0.037 |
| Aug 31, 2009 | $0.037 |
| Jul 31, 2009 | $0.037 |
| Jun 26, 2009 | $0.037 |
| May 29, 2009 | $0.037 |
| Apr 30, 2009 | $0.037 |
| Mar 27, 2009 | $0.037 |
| Feb 27, 2009 | $0.037 |
| Jan 30, 2009 | $0.037 |
| Dec 18, 2008 | $0.037 |
| Nov 28, 2008 | $0.037 |
| Oct 31, 2008 | $0.037 |
| Sep 24, 2008 | $0.037 |
| Aug 29, 2008 | $0.037 |
| Jul 31, 2008 | $0.037 |
| Jun 25, 2008 | $0.037 |
| May 30, 2008 | $0.037 |
| Apr 30, 2008 | $0.037 |
| Mar 26, 2008 | $0.037 |
| Feb 29, 2008 | $0.037 |
| Jan 31, 2008 | $0.037 |
| Dec 10, 2007 | $0.037 |
| Nov 30, 2007 | $0.037 |
| Oct 31, 2007 | $0.037 |
| Sep 26, 2007 | $0.037 |
| Aug 31, 2007 | $0.037 |
| Jul 31, 2007 | $0.037 |
| Jun 27, 2007 | $0.037 |
| May 31, 2007 | $0.037 |
| Apr 30, 2007 | $0.037 |
| Mar 28, 2007 | $0.037 |
| Feb 28, 2007 | $0.037 |
| Jan 31, 2007 | $0.037 |
| Dec 22, 2006 | $0.037 |
| Nov 30, 2006 | $0.037 |
| Oct 31, 2006 | $0.039 |
| Sep 26, 2006 | $0.039 |
| Aug 31, 2006 | $0.039 |
| Jul 31, 2006 | $0.039 |
| Jun 27, 2006 | $0.039 |
| May 31, 2006 | $0.039 |
| Apr 28, 2006 | $0.039 |
| Mar 28, 2006 | $0.039 |
| Feb 28, 2006 | $0.039 |
| Jan 31, 2006 | $0.039 |
| Dec 28, 2005 | $0.039 |
| Nov 30, 2005 | $0.039 |
| Oct 31, 2005 | $0.039 |
| Sep 30, 2005 | $0.039 |
| Aug 31, 2005 | $0.039 |
| Jul 29, 2005 | $0.039 |
| Jun 30, 2005 | $0.039 |
| May 31, 2005 | $0.039 |
| Apr 29, 2005 | $0.039 |
| Mar 31, 2005 | $0.039 |
| Feb 28, 2005 | $0.039 |
| Jan 31, 2005 | $0.039 |
| Dec 14, 2004 | $0.039 |
| Nov 30, 2004 | $0.039 |
| Oct 29, 2004 | $0.039 |
| Sep 30, 2004 | $0.039 |
| Aug 31, 2004 | $0.039 |
| Jul 30, 2004 | $0.039 |
| Jun 30, 2004 | $0.039 |
| May 28, 2004 | $0.039 |
| Apr 30, 2004 | $0.039 |
| Mar 31, 2004 | $0.039 |
| Feb 27, 2004 | $0.039 |
| Jan 30, 2004 | $0.039 |
| Dec 17, 2003 | $0.039 |
| Nov 28, 2003 | $0.039 |
| Oct 31, 2003 | $0.039 |
| Aug 29, 2003 | $0.039 |
| Jul 31, 2003 | $0.039 |
| Jun 30, 2003 | $0.039 |
| May 30, 2003 | $0.043 |
| Apr 30, 2003 | $0.043 |
| Mar 31, 2003 | $0.043 |
| Feb 28, 2003 | $0.043 |
| Jan 31, 2003 | $0.043 |
| Dec 19, 2002 | $0.043 |
| Nov 29, 2002 | $0.043 |
| Oct 31, 2002 | $0.043 |
| Sep 30, 2002 | $0.043 |
| Aug 30, 2002 | $0.043 |
| Jul 31, 2002 | $0.043 |
| Jun 28, 2002 | $0.043 |
| May 31, 2002 | $0.052 |
| Apr 30, 2002 | $0.052 |
| Mar 28, 2002 | $0.052 |
| Feb 28, 2002 | $0.052 |
| Jan 31, 2002 | $0.048 |
| Dec 18, 2001 | $0.052 |
| Nov 30, 2001 | $0.052 |
| Oct 31, 2001 | $0.052 |
| Sep 28, 2001 | $0.057 |
| Aug 31, 2001 | $0.057 |
| Jul 31, 2001 | $0.057 |
| Jun 29, 2001 | $0.061 |
| May 31, 2001 | $0.061 |
| Apr 30, 2001 | $0.061 |
| Mar 30, 2001 | $0.061 |
| Feb 28, 2001 | $0.061 |
| Jan 31, 2001 | $0.061 |
| Nov 30, 2000 | $0.061 |
| Oct 31, 2000 | $0.061 |
| Sep 29, 2000 | $0.061 |
| Aug 31, 2000 | $0.061 |
| Jul 31, 2000 | $0.061 |
| Jun 30, 2000 | $0.061 |
| May 31, 2000 | $0.061 |
| Apr 28, 2000 | $0.061 |
| Mar 31, 2000 | $0.058 |
| Feb 29, 2000 | $0.058 |
| Jan 31, 2000 | $0.058 |
| Nov 30, 1999 | $0.058 |
| Oct 29, 1999 | $0.058 |
| Sep 30, 1999 | $0.058 |
| Aug 31, 1999 | $0.058 |
| Jul 30, 1999 | $0.058 |
| Jun 30, 1999 | $0.058 |
| May 28, 1999 | $0.058 |
| Apr 30, 1999 | $0.058 |
| Mar 31, 1999 | $0.058 |
| Feb 26, 1999 | $0.058 |
| Jan 29, 1999 | $0.058 |
| Nov 30, 1998 | $0.058 |
| Oct 30, 1998 | $0.058 |
| Sep 30, 1998 | $0.058 |
| Aug 31, 1998 | $0.058 |
| Jul 31, 1998 | $0.058 |
| Jun 30, 1998 | $0.058 |
| May 29, 1998 | $0.058 |
| Apr 30, 1998 | $0.058 |
| Mar 31, 1998 | $0.058 |
| Feb 27, 1998 | $0.058 |
| Jan 30, 1998 | $0.058 |
| Dec 19, 1997 | $0.080 |
| Nov 28, 1997 | $0.060 |
| Oct 31, 1997 | $0.060 |
| Sep 30, 1997 | $0.060 |
| Aug 29, 1997 | $0.060 |
| May 31, 1995 | $0.060 |
| Apr 28, 1995 | $0.060 |
| Mar 31, 1995 | $0.060 |
| Feb 28, 1995 | $0.060 |
| Jan 31, 1995 | $0.060 |
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 |