MainStay MacKay Short Duration High Yield’s team remains strong, but concerns surrounding liquidity and capacity hold it back, resulting in a Morningstar Analyst Rating of Neutral for most share classes and Negative for its most expensive C share class.
Will MDHIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable MDHIX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the MDHIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of MDHIX’s parent organization’s priorities and whether they’re in line with investors’ interests.