MainStay High Yield Corporate Bond Fund Class C

 (MUTF:MYHCX)   Watch this mutual fund  
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Performance

Trailing returns

1 day   +0.00%  
1 week   +0.00%  
4 week   +0.31%
   
3 month   +1.42%
   
YTD   +4.24%
   
1 year   +8.07%
   
3 years*   +7.37%
   
5 years*   +10.58%
   
*annualized
Best 3 month return+17.05%  
Worst 3 month return-24.59%  

Morningstar statistics

Morningstar category: High Yield Bond
  Return Risk Rating
3 years Average Low
5 years Below Average Low
10 years Below Average Low
Overall Below Average Low
Morningstar style  Learn more
      Large
      Mid
      Small
Value Blend Growth  

Key statistics

Total assets9.16B 
Front load-  
Deferred load1.00%  
Expense ratio1.77%  
Management fee-  
Fund familyMainStay 

Asset allocation

Cash5.24%  
Stocks0.24%  
Bonds91.97%  
Preferred0.13%  
Convertible0.08%  
Other2.35%  

Purchase information

Initial$1,000  
Additional$50  
IRA Initial$1,000  
AIP Initial$500  
AIP Additional$50  
6.100.00(0.00%)
Jul 11, 4:00PM EDT Overall Morningstar RatingTM

Description

The investment seeks maximum current income through investment in a diversified portfolio of high-yield debt securities; capital appreciation is a secondary objective. The fund, under normal circumstances, invests at least 80% of its assets (net assets plus any borrowings for investment purposes) in high-yield corporate debt securities, including all types of high-yield domestic and foreign corporate debt securities that are rated below investment grade or that are unrated but are considered to be of comparable quality by the Subadvisor. It may invest up to 20% of its net assets in common stocks and other equity-related securities.
Fund filings (PDF) »
Asset manager:
Andrew Susser (Started: Feb 28, 2013)
Advisor Company:
New York Life Investment Management LLC
Fund family reports on Morningstar »
51 Madison Avenue, 169 Lackawanna Ave, New York NY 10010, USA

Risk

  1 year 3 years 5 years 10 years  
Alpha* 6.53 6.10 8.37 3.50
Beta* 0.45 0.36 0.39 0.55
Mean annual return 0.71 0.62 0.86 0.58
R-squared* 20.56 4.60 5.24 5.26
Standard deviation 2.36 4.70 4.83 7.90
Sharpe ratio 3.58 1.58 2.11 0.67
* Against standard index

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