MainStay Floating Rate Fund Class A (MXFAX)

Net Asset Value
1 Day
Overall Morningstar Rating
Bank loan
Style or Category
Sales Expenses
Expense Ratio
Below Average
Morningstar Risk Rating™
Investment Objective The investment seeks high current income. The fund invests at least 80% of its assets (net assets plus any borrowings for investment purposes) in a portfolio of floating rate loans and other floating rate debt securities. When the fund's Manager believes that market or economic conditions are unfavorable to investors, up to 100% of the fund's assets may be invested in money market or short-term debt securities. The fund may invest up to 25% of its total assets in foreign securities which are generally U.S. dollar-denominated loans and other debt securities issued by one or more non-U.S. borrower(s) without a U.S. domiciled co-borrower.


1 month+0.20% 3 years+3.37%
3 months-0.59% 5 years+4.01%
1 year-0.04% Since inception+3.68%
Data through --

Peer Comparisonvs. Bank loan

Performance 5-yr return+4.01%+5.07%
Expense ratio1.00%1.13%
Risk 5 year sharpe ratio1.311.34
Net assets$1.4B$2.3B
Average market cap----
Average P/E----
Portfolio turnover45%45%

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Fund Management and Purchase Info

Fund familyMainStay
Fund manager & tenureRobert Dial / 10 Years
Minimal initial investment$25,000.00
Minimum IRA investment$25,000.00


Fixed income97.63%
U.S. stock0.00%
International stock0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- Rexnord Llc Term B Refinancing Loan1.01%
-- Reynolds Group Hldgs Inc New Incremental Us Term Loan1.00%
-- Gardner Denver Inc Term Loan0.97%
-- Scientific Games Intl Inc Term Loan B0.92%
-- Univar Inc Term Loan B 10.92%
MHYIX MainStay High Yield Corporate Bond I0.89%
-- Chs / Community Health Sys Inc 2021 Term D Loan0.88%
-- U S Coatings Acquisition Inc 2014 Specified Refinancing Ter0.87%
-- Dell Intl Llc Term Loan B0.84%
-- Silver Ii Us Hldgs Llc Term Loan0.84%

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