Mainstay Floating Rate Fund Class B (MXFBX) Fund Details & Analysis

Fund Information

Fund Category Bank Loan

Fund Family New York Life Investment Management LLC

Fund Style Large

ISIN US56063J3692

CUSIP 56063J369

Inception Date 2004-05-03

Domicile United States

Country USA

Fiscal Year End October

NAV Chart

Fund Metrics

Net Assets $1.66 Billion

Share Class Net Assets $460.00K

Expense Ratio 1.83%

Expense Ratio Date 2023-02-28

Dividend Yield 0.07%

Morning Star Rating -

Morning Star Risk Rating -

Morning Star Category -

Performance

YTD Return 0.80%

1-Year Return 8.47%

3-Year Return 3.44%

5-Year Return 3.37%

NAV $8.87

Previous Close Price $8.87

Last Update 2024-03-31

Dividend Information

Dividend Yield 0.07%

Dividend (ttm) 0.17

Dividend Growth -58.12%

Payout Frequency Annual

Ex-Dividend Date n/a

Ratings

Morning Star Rating -

Morning Star Risk Rating -

Morning Star Category -

Beta (5Y) 1.23

About MainStay Floating Rate Fund Class B

The fund invests at least 80% of its assets (net assets plus any borrowings for investment purposes) in a portfolio of floating rate loans and other floating rate debt securities. When the fund's Subadvisor believes that market or economic conditions are unfavorable to investors, up to 100% of the fund's assets may be invested in money market or short-term debt securities. The fund may invest up to 25% of its total assets in foreign securities which are generally U.S. dollar-denominated loans and other debt securities issued by one or more non-U.S. borrower(s) without a U.S. domiciled co-borrower.

Detailed Metrics

Market Cap Distribution

AverageMarketCap %

Giant %

Large %

Medium %

Micro %

Small %

Value & Growth Metrics

Book-Value Growth % 19.03%

Cash-Flow Growth % 66.95%

Dividend Yield % 0.31%

Historical Earnings % 23.30%

Long-Term Earnings % 8.99%

Asset Allocation

Type	Net %	Long %	Short %	Category Average	benchmark
Bond	98.06%	98.06%	0.00%	74.37%	99.91%
Cash	1.78%	4.08%	2.30%	24.85%	0.09%
Non US Stock	0.00%	0.00%	0.00%	0.05%	0.00%
Not Classified	0.01%	0.01%	0.00%	0.45%	0.00%
Other	0.03%	0.03%	0.00%	0.36%	0.00%
US Stock	0.12%	0.12%	0.00%	1.46%	0.00%

Top Holdings

Name	Weight	Owned	Change
Invesco Senior Loan ETF	1.08	1,355,000	0
SPDR Blackstone Senior Loan ETF	0.72	437,000	0
Sunshine Luxembourg Vii S.A R.L.-Facility B3 Libor	0.68	18,745,843	5,000,000
Clydesdale Acquisition Holdings, Inc.-Term B Loan	0.62	17,000,000	17,000,000
Great Outdoors Group, Llc-Term B-2 Loan Libor+3.75	0.61	16,727,120	5,000,000
Nortonlifelock Inc.-Interim Facility B Libor+2.0 -	0.61	16,800,000	16,800,000
Medline Borrower, Lp-Initial Dollar Term Loan Libo	0.59	16,400,000	5,000,000
Scientific Games International, Inc.-Initial Term	0.55	15,000,000	15,000,000
Athenahealth Group Inc.-Initial Term Loan Cme Term	0.55	14,963,768	2,565,217
Hunter Douglas Holding B.V.-Tranche B-1 Term Loan	0.53	15,000,000	0
Mks Instruments, Inc.-Term Loan B Cme Term Sofr+2.	0.49	13,390,000	13,390,000
Fertitta Entertainment, Llc-Initial B Term Loan Cm	0.49	13,250,000	13,250,000
Ukg Inc.-2021-2 Incremental Term Loan (First Lien)	0.48	13,165,107	0
Electron Bidco Inc.-Initial Term Loan (First Lien)	0.46	12,666,667	5,000,000
MainStay MacKay High Yield Corp Bd I	0.46	2,399,065	0
Informatica Llc-Initial Term Loan Libor+2.75 - Lx1	0.43	11,840,000	0
Cmg Media Corporation-2021 Term B Loan (First Lien	0.43	11,810,206	3,764,537
Trans Union Llc-2021 Incremental Term B-6 Loan Lib	0.42	11,633,213	3,000,000
Jazz Pharmaceuticals Public Limited Company-Initia	0.42	11,428,712	0
Aadvantage Loyality Ip Ltd. (American Airlines, In	0.42	11,200,000	0
Pmhc Ii, Inc.-Initial Term Loan Cme Term Sofr+4.25	0.41	12,000,000	12,000,000
Cogeco Communications Finance (Usa), Lp-Amendment	0.41	11,250,000	0
Abg Intermediate Holdings 2 Llc-Tranche Tlb-1 Term	0.41	11,120,000	5,000,000
Mercury Borrower, Inc.-Initial Term Loan (First Li	0.41	11,176,000	4,000
Chariot Buyer Llc-Initial Term Loan (First Lien) L	0.40	11,172,000	-28,000

See the full breakdown of MXFBX fund's asset allocation and top holdings .

Sector Weights

Category	Subcategory	Amount %	Category Avg	Stocks %	Benchmark
Bond Sector	Cash and Equivalents	0.00%	28.95%	0.15%	0.09%
Bond Sector	Corporate	0.00%	66.23%	90.77%	99.91%
Bond Sector	Derivative	0.00%	1.30%	0.00%	0.00%
Bond Sector	Government	0.00%	0.23%	3.84%	0.00%
Bond Sector	Municipal	0.00%	0.04%	0.00%	0.00%
Bond Sector	Securitized	0.00%	3.25%	5.24%	0.00%
Cyclical	Basic Materials	0.00%	0.00%	0.00%	0.00%
Cyclical	Consumer Cyclical	0.00%	0.00%	0.00%	0.00%
Cyclical	Financial Services	0.00%	0.00%	0.00%	0.00%
Cyclical	Real Estate	0.00%	0.00%	0.00%	0.00%
Defensive	Consumer Defensive	0.00%	0.00%	0.00%	0.00%
Defensive	Healthcare	0.00%	0.00%	0.00%	0.00%
Defensive	Utilities	0.00%	0.00%	0.00%	0.00%
Sensitive	Communication Services	0.00%	0.00%	0.00%	0.00%
Sensitive	Energy	0.00%	0.00%	0.00%	0.00%
Sensitive	Industrials	0.00%	0.00%	0.00%	0.00%
Sensitive	Technology	0.00%	0.00%	0.00%	0.00%

World Regions

Region	Subregion	Category Average	Stocks Percent	Benchmark
Americas	Latin America	-	-	-
Americas	North America	-	-	-
Greater Asia	Asia Developed	-	-	-
Greater Asia	Asia Emerging	-	-	-
Greater Asia	Australasia	-	-	-
Greater Asia	Japan	-	-	-
Greater Europe	Africa/Middle East	-	-	-
Greater Europe	Europe Developed	-	-	-
Greater Europe	Europe Emerging	-	-	-
Greater Europe	United Kingdom	3.62%	-	-

Dividend History

Date	Amount	Unadjusted Amount	Currency	Declaration Date	Record Date	Payment Date	Period
No dividend history available

MainStay Floating Rate Fund Class B NMFQS:MXFBX