MHCAX Performance — NYLI MacKay High Yield Corporate Bond Fund, Class A
Data updated: 2026-09-23
MHCAX returned +1.40% year to date and +4.01% over one year to Jul 2026. Annualised returns are +6.54% over 3 years and +3.56% over 5 years. The fund trailed its High Yield Bond category average: $100 invested three years ago grew to $121, against $123 for the category, and to $104 over one year, against $105. Volatility over the past three years was 3.25% a year. In the 12 months to Jul 2026 the fund lost a net $473.2M, and assets reached $10.42B.
MHCAX Growth of $100
What $100 invested in NYLI MacKay High Yield Corporate Bond Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the High Yield Bond category average over the same months.
| Period | MHCAX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $104 | $105 |
| 3 years (Aug 2023 – Jul 2026) | $121 | $123 |
| 5 years (Aug 2021 – Jul 2026) | $119 | $118 |
| Since data start (Aug 2019 – Jul 2026) | $135 | $132 |
MHCAX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +1.40% |
| 1 year | +4.01% |
| 3 years (annualised) | +6.54% |
| 5 years (annualised) | +3.56% |
MHCAX Annual Returns
Calendar-year total returns of NYLI MacKay High Yield Corporate Bond Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +1.40% |
| 2025 | +6.45% |
| 2024 | +6.89% |
| 2023 | +11.25% |
| 2022 | −8.15% |
| 2021 | +5.10% |
| 2020 | +4.82% |
| 2019 (Aug–Dec) | +3.65% |
MHCAX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.5% | +0.2% | −0.8% | +1.2% | +0.3% | +0.3% | −0.3% | — | — | — | — | — |
| 2025 | +1.3% | +0.5% | −0.8% | −0.3% | +1.3% | +1.7% | +0.1% | +1.1% | +0.5% | −0.1% | +0.5% | +0.5% |
| 2024 | +0.1% | +0.2% | +1.5% | −0.4% | +0.9% | +0.7% | +1.5% | +1.2% | +0.8% | −0.3% | +0.9% | −0.3% |
| 2023 | +2.9% | −1.2% | +1.8% | +0.8% | −0.7% | +1.1% | +1.3% | +0.3% | −1.1% | −0.5% | +3.4% | +2.8% |
| 2022 | −2.2% | −0.4% | −0.7% | −2.8% | +0.4% | −5.8% | +4.9% | −1.9% | −3.4% | +2.3% | +1.7% | −0.2% |
| 2021 | +0.4% | +0.4% | +0.2% | +1.1% | +0.4% | +1.1% | +0.2% | +0.4% | +0.2% | −0.3% | −1.0% | +1.7% |
| 2020 | −0.4% | −1.3% | −11.1% | +4.4% | +3.9% | +0.9% | +4.3% | +1.0% | −0.8% | +0.1% | +3.0% | +1.7% |
| 2019 | — | — | — | — | — | — | — | +0.7% | +0.5% | +0.3% | +0.7% | +1.5% |
MHCAX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 3.25%
- 3-year Sharpe ratio: 0.63 (vs 4.5% risk-free rate)
- Best month: +3.35% (Nov 2023)
- Worst month: −1.13% (Sep 2023)
MHCAX Fund Flows
Monthly money in and out of NYLI MacKay High Yield Corporate Bond Fund, from SEC Form N-PORT.
- 12-month net flow: −$473.2M
- 12-month gross sales (incl. reinvestments): $2.7B
- Sales ÷ redemptions: 0.85×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $244.0M | $300.9M | −$56.9M |
| Jun 2026 | $230.8M | $180.1M | $50.7M |
| May 2026 | $174.9M | $133.5M | $41.4M |
| Apr 2026 | $285.2M | $155.4M | $129.8M |
| Mar 2026 | $229.9M | $257.2M | −$27.2M |
| Feb 2026 | $200.1M | $902.1M | −$702.0M |
| Jan 2026 | $163.3M | $180.2M | −$16.9M |
| Dec 2025 | $286.8M | $220.1M | $66.7M |
| Nov 2025 | $189.0M | $166.4M | $22.6M |
| Oct 2025 | $268.3M | $228.2M | $40.1M |
| Sep 2025 | $214.3M | $316.8M | −$102.4M |
| Aug 2025 | $220.7M | $139.7M | $81.0M |
MHCAX Assets Under Management
Net assets of NYLI MacKay High Yield Corporate Bond Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $10.42B |
| 2026-04-30 | $10.51B |
| 2026-01-31 | $11.19B |
| 2025-10-31 | $11.12B |
| 2025-07-31 | $11.11B |
| 2025-04-30 | $11.07B |
| 2025-01-31 | $11.55B |
| 2024-10-31 | $11.45B |
| 2024-07-31 | $10.78B |
| 2024-04-30 | $10.49B |
| 2024-01-31 | $10.45B |
| 2023-10-31 | $9.94B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.