NYLI MacKay Short Duration High Inc Fund I (MDHIX)
9.49
+0.01
(+0.11%)
USD |
Dec 30 2025
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.78% | 3.075B | -- | 29.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 229.11M | 6.19% | Upgrade | Upgrade |
Basic Info
| Investment Strategy | |
| The Fund seeks high current income. Capital appreciation is a secondary objective. The Fund invests at least 80% of its assets in high-yield debt securities that are rated below investment grade by an independent rating agency. The Fund will generally seek to maintain a weighted average duration of three years or less. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD High Yield |
| Peer Group | Short High Yield Funds |
| Global Macro | Bond High Yield |
| US Macro | High Yield Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Short High Yield Funds |
| Fund Owner Firm Name | New York Life Investments |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
92
-90.38M
Peer Group Low
36.71M
Peer Group High
1 Year
% Rank:
21
229.11M
-100.07M
Peer Group Low
1.938B
Peer Group High
3 Months
% Rank:
46
-49.46M
Peer Group Low
348.43M
Peer Group High
3 Years
% Rank:
15
-630.78M
Peer Group Low
8.085B
Peer Group High
6 Months
% Rank:
32
-146.27M
Peer Group Low
839.42M
Peer Group High
5 Years
% Rank:
19
-265.47M
Peer Group Low
8.227B
Peer Group High
YTD
% Rank:
27
-123.51M
Peer Group Low
1.553B
Peer Group High
10 Years
% Rank:
20
-640.25M
Peer Group Low
8.234B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of December 31, 2025.
*Indicates data for the year is incomplete.
Asset Allocation
As of July 31, 2025.
| Type | % Net |
|---|---|
| Cash | 3.79% |
| Stock | 0.22% |
| Bond | 95.29% |
| Convertible | 0.00% |
| Preferred | 0.24% |
| Other | 0.46% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
|
USD Cash
|
3.79% | -- | -- |
|
Great Outdoors Group LLC FRN 23-Jan-2032
|
1.17% | -- | -- |
| TransDigm Inc. TRADIG 6.75 08/15/2028 FIX USD Corporate 144A | 0.90% | 101.98 | -0.02% |
| TK ELEVATOR U.S. NEWCO, INC. TELEVA 5.25 07/15/2027 FIX USD Corporate 144A | 0.87% | 100.24 | 0.31% |
| Churchill Downs Incorporated CHDOI 5.5 04/01/2027 FIX USD Corporate 144A | 0.82% | 100.10 | 0.00% |
| TransDigm Inc. TRADIG 6.375 03/01/2029 FIX USD Corporate 144A | 0.82% | 103.25 | -0.06% |
| PICARD MIDCO, INC. PICAMID 6.5 03/31/2029 FIX USD Corporate 144A | 0.82% | 101.44 | 0.06% |
| Organon & Co. ORGACO 4.125 04/30/2028 FIX USD Corporate 144A | 0.76% | 97.39 | -0.06% |
|
Lifepoint Health Inc FRN 19-May-2031
|
0.73% | -- | -- |
| Big River Steel LLC BIGRIV 6.625 01/31/2029 FIX USD Corporate 144A | 0.72% | 100.78 | 0.22% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.63% |
| Administration Fee | -- |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP | No |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 1.00M None |
| Minimum Subsequent Investment | 0.00 None |
Basic Info
| Investment Strategy | |
| The Fund seeks high current income. Capital appreciation is a secondary objective. The Fund invests at least 80% of its assets in high-yield debt securities that are rated below investment grade by an independent rating agency. The Fund will generally seek to maintain a weighted average duration of three years or less. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD High Yield |
| Peer Group | Short High Yield Funds |
| Global Macro | Bond High Yield |
| US Macro | High Yield Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Short High Yield Funds |
| Fund Owner Firm Name | New York Life Investments |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (12-29-25) | 6.24% |
| 30-Day SEC Yield (11-30-25) | 5.69% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 505 |
| Bond | |
| Yield to Maturity (7-31-25) | 5.32% |
| Effective Duration | -- |
| Average Coupon | 6.41% |
| Calculated Average Quality | 5.493 |
| Effective Maturity | 2.562 |
| Nominal Maturity | 4.067 |
| Number of Bond Holdings | 489 |
As of July 31, 2025
Fund Details
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:MDHIX", "name") |
| Broad Asset Class: =YCI("M:MDHIX", "broad_asset_class") |
| Broad Category: =YCI("M:MDHIX", "broad_category_group") |
| Prospectus Objective: =YCI("M:MDHIX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |