MMHEX Performance — NYLI MacKay High Yield Muni Bond Fund, Class R6
Data updated: 2026-09-23
MMHEX returned +2.08% year to date and +8.81% over one year to Jul 2026. Annualised returns are +4.70% over 3 years and +0.76% over 5 years. Against its High Yield Bond category average the fund came out behind over three years but ahead over one: $100 invested three years ago grew to $115, against $123 for the category, and to $109 over one year, against $105. Volatility over the past three years was 7.72% a year. In the 12 months to Jul 2026 the fund took in a net $195.5M, and assets reached $9.63B.
MMHEX Growth of $100
What $100 invested in NYLI MacKay High Yield Muni 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 | MMHEX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $109 | $105 |
| 3 years (Aug 2023 – Jul 2026) | $115 | $123 |
| 5 years (Aug 2021 – Jul 2026) | $104 | $118 |
| Since data start (Nov 2019 – Jul 2026) | $117 | $131 |
MMHEX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +2.08% |
| 1 year | +8.81% |
| 3 years (annualised) | +4.70% |
| 5 years (annualised) | +0.76% |
MMHEX Annual Returns
Calendar-year total returns of NYLI MacKay High Yield Muni Bond Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +2.08% |
| 2025 | +3.13% |
| 2024 | +4.60% |
| 2023 | +9.61% |
| 2022 | −13.90% |
| 2021 | +6.34% |
| 2020 | +5.48% |
| 2019 (Nov–Dec) | +0.73% |
MMHEX 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 | +0.7% | +1.8% | −2.2% | +1.7% | +1.0% | +1.3% | −2.0% | — | — | — | — | — |
| 2025 | +0.5% | +1.1% | −2.2% | −1.4% | −0.6% | +0.6% | −1.2% | +0.9% | +4.0% | +1.3% | +0.4% | −0.1% |
| 2024 | +0.4% | +0.6% | +0.3% | −1.4% | +0.6% | +2.5% | +1.0% | +0.6% | +1.4% | −1.6% | +1.9% | −1.8% |
| 2023 | +4.5% | −3.0% | +1.5% | +0.7% | −0.2% | +1.0% | +0.7% | −1.8% | −3.7% | −2.1% | +8.8% | +3.4% |
| 2022 | −2.7% | −1.0% | −3.7% | −4.1% | +2.0% | −4.4% | +4.0% | −2.7% | −6.2% | −2.3% | +7.4% | −0.5% |
| 2021 | +1.9% | −1.1% | +0.9% | +1.3% | +1.1% | +1.1% | +1.1% | −0.5% | −0.8% | −0.3% | +1.3% | +0.2% |
| 2020 | +2.0% | +2.3% | −8.3% | −3.6% | +3.5% | +3.6% | +2.1% | +0.1% | −0.1% | +0.1% | +2.3% | +2.0% |
| 2019 | — | — | — | — | — | — | — | — | — | — | +0.3% | +0.5% |
MMHEX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 7.72%
- 3-year Sharpe ratio: 0.03 (vs 4.5% risk-free rate)
- Best month: +8.79% (Nov 2023)
- Worst month: −3.70% (Sep 2023)
MMHEX Fund Flows
Monthly money in and out of NYLI MacKay High Yield Muni Bond Fund, from SEC Form N-PORT.
- 12-month net flow: $195.5M
- 12-month gross sales (incl. reinvestments): $3.0B
- Sales ÷ redemptions: 1.07×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $220.0M | $133.6M | $86.4M |
| Jun 2026 | $220.9M | $150.7M | $70.2M |
| May 2026 | $216.6M | $210.3M | $6.4M |
| Apr 2026 | $233.8M | $241.9M | −$8.1M |
| Mar 2026 | $233.4M | $194.4M | $39.1M |
| Feb 2026 | $277.5M | $142.0M | $135.5M |
| Jan 2026 | $358.9M | $171.6M | $187.3M |
| Dec 2025 | $286.2M | $356.3M | −$70.1M |
| Nov 2025 | $208.8M | $279.5M | −$70.8M |
| Oct 2025 | $237.4M | $248.9M | −$11.5M |
| Sep 2025 | $233.7M | $347.2M | −$113.5M |
| Aug 2025 | $281.9M | $337.4M | −$55.5M |
MMHEX Assets Under Management
Net assets of NYLI MacKay High Yield Muni Bond Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $9.63B |
| 2026-04-30 | $9.55B |
| 2026-01-31 | $9.38B |
| 2025-10-31 | $9.34B |
| 2025-07-31 | $9.07B |
| 2025-04-30 | $9.39B |
| 2025-01-31 | $9.77B |
| 2024-10-31 | $9.57B |
| 2024-07-31 | $9.23B |
| 2024-04-30 | $8.66B |
| 2024-01-31 | $8.29B |
| 2023-10-31 | $7.22B |
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.