MainStay MacKay High Yield Municipal Bond stands out for its seasoned team and aggressive yet disciplined approach supporting a Morningstar Analyst Rating of Bronze for most share classes, while its expensive C share class is rated Neutral.
MainStay MacKay High Yield Muncpl Bd I MMHIX Fund Analysis
Morningstar’s Fund Analysis MMHIX
Will MMHIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable MMHIX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the MMHIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of MMHIX’s parent organization’s priorities and whether they’re in line with investors’ interests.
An aggressive yet disciplined approach to high-yield munis.
