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MainStay High Yield Corporate Bond A

MHCAX
=
5.49
0.00
0.00%
5/2/2016
5 Years
  • Previous Close

    5.49

  • Net Assets

    3.30B

  • Yield

    5.94%

  • Front load

    4.50

  • Expenses

    0.96%

  • Category

    High-Yield Bond

  • Morningstar Risk

    Low

  • Morningstar Rating ★★★
Profile

Name of Issuer

MainStay

Fund Style

Open

Fund Manager

Andrew Susser

Investment Style

Medium Value

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.

Purchase Information

Initial Purchase 25,000
Initial Purchase: IRA NA
Initial Purchase: AIP NA

Inception

1/3/1995

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