MainStay Floating Rate Inv
Nylim Center, 169 Lackawanna Ave. Parsippany NJ 07054
Map
Phone: 800-624-6782
| Category: | Bank Loan | | Fund Family: | MainStay | | Net Assets: | 20.37M | | Year-to-Date Return: | 1.60% | | Yield: | 3.05% | | Morningstar Rating: |  | | Fund Inception Date: | 28-Feb-08 |
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Robert Dial
Lead Manager since
03-May-04 | | | Dial is the head of the High Yield Group and a senior portfolio manager. He joined NYLIM in 2001 and oversees the investment activity related to all non-investment grade assets including bank loans, high yield bonds, and emerging markets. He is also the lead portfolio manager on all bank loan mandates including retail mutual funds, institutional separate accounts and CLOs. |
| Min Initial Investment: | $1,000 | | Min Initial Investment, IRA: | $1,000 | | Min Initial Investment, AIP: | $500 | | Min Subsequent Investment: | $50 | | Min Subsequent Investment, IRA: | $50 | | Min Subsequent Investment, AIP: | $50 |
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| The investment seeks a high level of current income. The fund typically invests at least 80% of assets in a portfolio of floating-rate loans and other floating-rate debt securities. It may invest up to 100% in money market or short-term debt securities if it considers market conditions unfavorable. The fund is nondiversified. |
| Last Dividend
(29-Jan-10):
| 0.03 | | Last Cap Gain
| YFT_NOT_APPLICABLE_ABBREVIATION | | Annual Holdings Turnover
| 17.00% | | Average for Category:
| 41.17% |
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| Expense | MXFNX | Category
Avg | | Total Expense Ratio: | 1.23%
| 1.36% | | Max 12b1 Fee: | 0.25%
| N/A | | Max Front End Sales Load: | 3.00%
| 3.15% | | Max Deferred Sales Load: | %
| 2.11% | | 3 Yr Expense Projection*: |
$ 679 | $587 | | 5 Yr Expense Projection*: |
$ 955 | $929 | | 10 Yr Expense Projection*: |
$ 1,744 | $1,885 |
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1.52% Nasdaq 
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