MHCAX Mutual Fund

MHCAX Mutual Fund

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Fund Essentials - as of Jun 30, 2026

Net Assets
$2.9B
Expense Ratio
0.97%
Dividend Yield (Current)
5.90%
Holdings
626
Inception Date
Jan 3, 1995
Fund Family
New York Life Investment Management LLC
Investment Style
PRO
Asset Class
PRO
Legal Structure
PRO
Dividend Frequency
Monthly
SEC 30-Day Yield
PRO

Performance

YTD+2.28%
1 Year+3.79%
3 Year+6.83%
5 Year+3.70%
10 Year+4.69%

Asset Allocation

Stocks: 0.91%
Bonds: 96.98%
Cash: 1.81%
Other: 0.31%
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Top Holdings

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TickerNameWeight
-Cash Offsets For Shorts & Derivatives1.76%
-Great Outdoors Group, Llc 0 01/23/20320.79%
TDG 6.375 03/01/29 1TRANSDIGM INC 6.38% 01Mar20290.75%
JAZZ 4.375 01/15/29 Jazz Securities Dac 4.375 1/15/20290.55%
JANEST 7.125 04/30/3Jane Street Gr 7.125% 04/30/310.54%
Top 10 Concentration: 6.95%Report Date: Jun 30, 2026
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Dividend Summary

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Dividend Yield (Current)
5.90%
Frequency
Monthly
Latest Distribution
$0.02
-

Peer Comparison

Benchmark
PRO
Peer outperformance: PRO
Category rank: PRO
This Mutual Fund
PRO
Peer Avg
PRO

MHCAX Mutual Fund Overview

MHCAX Mutual Fund (NYLIM MacKay High Yield Corporate Bond Fund Class A) is managed by New York Life Investment Management LLC with $2.94B in net assets. MHCAX expense ratio is 0.97%, holding 626 positions across sectors including Financials, Industrials, Consumer Discretionary. Inception date: 1995-01-03.

MHCAX performance shows a YTD return of 2.28%. The 1-year return is 3.79% and the 5-year return is 3.70%. MHCAX dividend yield stands at 5.90%, paid monthly.

MHCAX top holdings include Cash Offsets For Shorts & Derivatives (1.8%), Great Outdoors Group, Llc 0 01/23/2032 (0.8%), TRANSDIGM INC 6.38% 01Mar2029 (0.8%), Jazz Securities Dac 4.375 1/15/2029 (0.6%), Jane Street Gr 7.125% 04/30/31 (0.5%). Go to all MHCAX holdings, MHCAX sectors, or MHCAX dividends.

MHCAX can be compared against other funds. Use MHCAX overlap to find shared positions, or MHCAX vs another fund for a side-by-side view. MHCAX alternatives are available via the screener, along with tax-loss harvesting opportunities.