MainStay High Yield Opportunities Fund Class C (MYHYX)

11.40
Net Asset Value
+0.09%
1 Day
+1.69%
Year-to-Date
Overall Morningstar Rating
High yield bond
Style or Category
No Load
Sales Expenses
2.21%
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.

Performance

1 month+1.41% 3 years+6.05%
3 months+3.79% 5 years+5.71%
1 year-0.68% Since inception+8.45%
Data through --

Peer Comparisonvs. High yield bond

 MYHYXCategory
Performance 5-yr return+5.71%+7.45%
Expense ratio2.21%1.11%
Risk 5 year sharpe ratio0.791.19
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$1,000.00
Minimum IRA investment$1,000.00

Holdings

Fixed income90.29%
U.S. stock3.58%
Other3.43%
Cash2.70%
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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