MainStay High Yield Opportunities Fund Class C (MYHYX)

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+2.82% 3 years+5.85%
3 months+1.53% 5 years+6.69%
1 year-0.29% Since inception+8.27%
Data through --

Peer Comparisonvs. High yield bond

Performance 5-yr return+6.69%+7.86%
Expense ratio2.19%1.12%
Risk 5 year sharpe ratio0.821.22
Net assets$908.8M$1.4B
Average market cap$51.8B$11.3B
Average P/E11.722.0
Portfolio turnover26%26%

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Fund Management and Purchase Info

Fund familyMainStay
Fund manager & tenureLouis Cohen / 7 Years
Minimal initial investment$1,000.00
Minimum IRA investment$1,000.00


Fixed income92.72%
U.S. stock3.30%
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
-- 29.86%
-- 22.33%
-- 3.21%
-- 2.18%
F Ford2.18%
-- 2.16%
-- 2.11%
-- 1.92%
-- 1.68%
-- 1.66%

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