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MainStay High Yield Opportunities Fund Class A (MYHAX)

Net Asset Value
1 Day
Overall Morningstar Rating
High yield bond
Style or Category
Sales Expenses
Expense Ratio
Above Average
Morningstar Risk Rating™
Investment Objective 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. The fund's long positions, either direct long positions or through credit default swaps or total return swaps, may total up to 140% of the fund's net assets. The fund's short positions, either direct short positions or through credit default swaps or total return swaps, may total up to 40% of the fund's net assets.


1 month-2.39% 3 years+1.37%
3 months-2.84% 5 years+3.85%
1 year-6.92% Since inception+7.97%
Data through --

Peer Comparisonvs. High yield bond

Performance 5-yr return+3.85%+5.21%
Expense ratio1.50%1.10%
Risk 5 year sharpe ratio0.600.89
Net assets$638.2M$1.3B
Average market cap$25.5B$10.3B
Average P/E11.724.0
Portfolio turnover26%26%

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Fund Management and Purchase Info

Fund familyMainStay
Fund manager & tenureLouis Cohen / 7 Years
Minimal initial investment$25,000.00
Minimum IRA investment$25,000.00


Fixed income94.98%
U.S. stock0.68%
International stock0.00%
Top 5 Sectors
Portfolio weighting
Consumer goods 55.80%
Financial service 34.41%
Industrial materials 9.79%
Business service 0.00%
Consumer service 0.00%
Top 10 Holdings
Portfolio weighting
-- 2.99%
-- 2.81%
-- 1.98%
-- 1.97%
-- 1.49%
-- 1.47%
-- 1.45%
-- 1.39%
-- 1.35%
-- 1.32%