MainStay High Yield Opportunities Fund Investor Class (MYHNX)

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-2.48% 3 years+8.49%
3 months-4.84% 5 years+7.53%
1 year-0.46% Since inception+10.25%
Data through --

Peer Comparisonvs. High yield bond

Performance 5-yr return+7.53%+9.39%
Expense ratio1.44%1.13%
Risk 5 year sharpe ratio1.141.39
Net assets$1.1B$1.5B
Average market cap$56.3B$11.0B
Average P/E10.818.7
Portfolio turnover33%33%

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Fund Management and Purchase Info

Fund familyMainStay
Fund manager & tenureLouis Cohen / 6 Years
Minimal initial investment$1,000.00
Minimum IRA investment$1,000.00


Fixed income92.94%
U.S. stock3.36%
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
-- Us 2yr Note (Cbt) Dec14 Xcbt 2014123148.56%
-- US Treasury Note 0.375%10.17%
-- US Treasury Note 0.875%3.10%
-- Sprint Cap 6.875%2.30%
-- Royal Bk Scot Nv FRN2.13%
-- Clear Channel Comms 9%2.07%
F Ford Motor Co1.91%
-- ArcelorMittal39 SrN1.90%
-- Hca 5%1.68%
-- 8da533ad4 Cds Usd R V 00mevent 8da533ad41.64%

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