MainStay Short Duration High Yield I

The investment seeks high current income; capital appreciation is a secondary objective.
The fund, under normal circumstances, invests at least 80% of its assets (net assets plus any borrowings for investment purposes) in high-yield debt securities that are rated below investment grade by an independent rating agency. It will generally seek to maintain a weighted average duration of three years or less, although the fund may invest in instruments of any duration or maturity.

Key stats

Management firm  MainStay
Domicile  United States
Fund Administrator  New York Life Investment Management LLC
Global Branding Name  Mainstay Management
12 month yield  4.78%
Fund currency  USD
Launch Date  2012-12-17
ISIN  US56064B7385
Manager 1 Name  Andrew Susser
Fund Strategy  High Yield Bond
Benchmark  BofAML US HY Corp C Pay BB-B 1-5Y TR USD
Fund Structure  Open Ended Investment Company
UCITS 3 compliant  no

Performance/Volatility

Return Date  2014-11-30
Return - 1 Month  -0.03%
Return - 2 Months  0.79 %
Return - 3 Months  -0.12%
Return - 6 Months  0.39 %
Return - 9 months  1.77 %
Return - 12 Months  3.82%
Annualized return 24 months  0.00 %
Annualized return 36 months  0.00 %
Annualized return 48 months  0.00 %
Annualized return 60 months  0.00 %
Return 120 months  0.00 %
Annualized return since Inception  4.59%
Return YTD  3.27%

Charges

Initial  0.00 %
Minimum Investment  $5,000,000
Maximum Managment Charge  0.65 %
Exit charge  0.00 %
Performance Fee  0.00 %

Contact

Contact Address  MainStay
Contact Address 2  51 Madison Avenue
Contact Address 3  New York NY 10010
Contact city  New York
Contact country  United States
Fund Admin Group  MainStay
Custodian  State Street Bank & Trust Co
Phone  +1 8006246782

Price

Last Price Date  2014-12-04
Pre-tax nav  9.94
Pre-tax offer  0.00
Pre-tax bid  0.00
Pre-tax mid  0.00
Post-tax nav  0.00
Post-tax offer  0.00
Post-tax bid  0.00
Price change  $0.00
Price change (percentage)  0.00 %
Guaranteed NAV  0.00000
Close Price  0.00

Funds Disclaimer

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Ratings Disclaimer

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