Mainstay High Yield Fund Quote
| MHCAX Fund | USD 5.22 0.01 0.19% |
PerformanceStrong
| Odds Of DistressLow
|
Mainstay High is trading at 5.22 as of the 19th of July 2025; that is 0.19% down since the beginning of the trading day. The fund's open price was 5.23. Mainstay High has less than a 13 % chance of experiencing some financial distress in the next two years of operation and had a strong performance during the last 90 days. The performance scores are derived for the period starting the 20th of April 2025 and ending today, the 19th of July 2025. Click here to learn more.
The fund, under normal circumstances, invests at least 80 percent of its assets in high-yield corporate debt securities, including all types of high-yield domestic and foreign corporate debt securities that are rated below investment grade or that are unrated but are considered to be of comparable quality by the Subadvisor. More on Mainstay High Yield
Moving together with Mainstay Mutual Fund
Mainstay Mutual Fund Highlights
| Fund Concentration | New York Life Investment Management LLC Funds, Large Funds, High Yield Bond Funds, High Yield Bond, New York Life Investment Management LLC (View all Sectors) |
| Update Date | 30th of June 2025 |
| Expense Ratio Date | 28th of February 2023 |
| Fiscal Year End | October |
Mainstay High Yield [MHCAX] is traded in USA and was established 19th of July 2025. Mainstay High is listed under New York Life Investment Management LLC category by Fama And French industry classification. The fund is listed under High Yield Bond category and is part of New York Life Investment Management LLC family. This fund now has accumulated 10.26 B in assets with no minimum investment requirementsMainstay High Yield is currently producing year-to-date (YTD) return of 3.42% with the current yeild of 0.06%, while the total return for the last 3 years was 7.77%.
Check Mainstay High Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Mainstay Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Mainstay Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Mainstay High Yield Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Mainstay High Yield Mutual Fund Constituents
| GPOR | Gulfport Energy Operating | Stock | Energy | |
| TALO | Talos Energy | Stock | Energy |
Mainstay High Top Holders
| FPIOX | Strategic Advisers Income | Mutual Fund | High Yield Bond |
Mainstay High Yield Risk Profiles
| Mean Deviation | 0.1405 | |||
| Standard Deviation | 0.1814 | |||
| Variance | 0.0329 | |||
| Downside Variance | 0.0436 |
Mainstay High Against Markets
Other Information on Investing in Mainstay Mutual Fund
Mainstay High financial ratios help investors to determine whether Mainstay Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Mainstay with respect to the benefits of owning Mainstay High security.
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon |