MainStay MacKay High Yield Corporate Bond has a stable and experienced team in place that implements a structured process for security selection and portfolio construction, resulting in a Morningstar Analyst Rating of Neutral for most share classes and a Negative rating for its most-expensive B and C share classes.
Will MKHCX 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 MKHCX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the MKHCX 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 MKHCX’s parent organization’s priorities and whether they’re in line with investors’ interests.