MainStay High Yield Opportunities Fund Class I (MYHIX)

Net Asset Value
1 Day
Overall Morningstar Rating
High yield bond
Style or Category
No Load
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+1.93% 3 years+7.05%
3 months+4.29% 5 years+6.78%
1 year+0.25% Since inception+9.56%
Data through --

Peer Comparisonvs. High yield bond

Performance 5-yr return+6.78%+7.45%
Expense ratio1.25%1.11%
Risk 5 year sharpe ratio0.921.19
Net assets$878.5M$1.5B
Average market cap$56.5B$13.1B
Average P/E21.121.9
Portfolio turnover26%26%

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Fund Management and Purchase Info

Fund familyMainStay
Fund manager & tenureLouis Cohen / 7 Years
Minimal initial investment$5,000,000.00
Minimum IRA investment$5,000,000.00


Fixed income90.29%
U.S. stock3.58%
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
-- 31.81%
-- 22.40%
-- 2.46%
F Ford2.45%
-- 2.12%
-- 1.81%
-- 1.77%
-- 1.68%
-- 1.68%
-- 1.68%

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