MHYIX Fees and Costs — NYLI MacKay High Yield Corporate Bond Fund, Class I
Data updated: 2026-09-23
The net expense ratio is 0.72%: a 0.54% management fee plus 0.18% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $1K in broker commissions, and portfolio turnover was 34%.
MHYIX Fees and Expenses
Annual operating expenses and sales charges of MHYIX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.54% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.18% |
| Gross expense ratio | 0.72% |
| Fee waiver | — |
| Net expense ratio | 0.72% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
MHYIX Costs Over Time
On $10,000 invested in MHYIX, assuming 5% a year before costs, total costs come to $453 over 5 years, cutting the return by 0.76% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.72%) | $76 | $237 | $411 |
| Lost growth on money paid in costs | $0 | $12 | $41 |
| Total costs | $76 | $248 | $453 |
| Value after costs | $10,424 | $11,328 | $12,310 |
| Impact on return, per year | 0.76% | 0.76% | 0.76% |
MHYIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: $1K
- Bought from dealers (principal trades, not a cost): $5.5B
- Portfolio turnover (prospectus): 34%
- Securities lending: none during the year
MHYIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Barclays Capital, Inc. | $1K | 77.16% |
| BofA Securities, Inc. | $237 | 16.36% |
| J.P. Morgan Securities LLC | $94 | 6.48% |
MHYIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $1.0B | 22.06% |
| Goldman Sachs & Co. LLC | $949.0M | 20.04% |
| BofA Securities, Inc. | $649.1M | 13.71% |
| Wells Fargo Securities, LLC | $432.3M | 9.13% |
| Citigroup Global Markets Inc. | $423.7M | 8.95% |
| Barclays Capital, Inc. | $343.8M | 7.26% |
| Morgan Stanley & Co. LLC | $328.3M | 6.93% |
| Jefferies LLC | $251.8M | 5.32% |
| UBS Securities LLC | $170.7M | 3.61% |
| RBC Capital Markets, LLC | $141.9M | 3.00% |
NYLI MacKay High Yield Corporate Bond Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| MHYSX | Class R6 | 0.57% | none |
| MHYIX | Class I | 0.72% | none |
| MHCAX | Class A | 0.97% | 4.50% |
| MHYRX | Class R2 | 1.07% | none |
| MHHIX | Investor Class | 1.16% | 4.00% |
| MHHSX | Simple Class | 1.16% | none |
| MHYTX | Class R3 | 1.32% | none |
| MKHCX | Class B | 1.89% | none |
| MYHCX | Class C | 1.91% | none |
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.