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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-0.90% 3 years+1.89%
3 months-1.35% 5 years+2.91%
1 year-0.95% Since inception+3.55%
Data through --

Peer Comparisonvs. Bank loan

Performance 5-yr return+2.91%+3.95%
Expense ratio1.08%1.11%
Risk 5 year sharpe ratio1.041.08
Net assets$1.4B$2.0B
Average market cap----
Average P/E----
Portfolio turnover45%45%

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Fund Management and Purchase Info

Fund familyMainStay
Fund manager & tenureRobert Dial / 11 Years
Minimal initial investment$25,000.00
Minimum IRA investment$25,000.00


Fixed income95.86%
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
-- 1.07%
MHYIX MainStay High Yield Corporate Bond Fund Class I1.07%
-- 1.04%
-- 0.99%
-- 0.98%
-- 0.87%
-- 0.85%
-- 0.82%
-- 0.78%
-- 0.78%