MASBX - MainStay MacKay Strategic Bond Fund

Nasdaq - Nasdaq Delayed Price. Currency in USD

MainStay MacKay Strategic Bond Fund

Parsippany, NJ 07054

169 Lackawanna Ave

MainStay Funds

Management Information

Thomas F. Musmanno,Lead Manager since May 8, 2023

Tom joined MacKay Shields in 2021 as a Client Portfolio Manager on the Global Fixed Income Team. He represents the portfolio process and acts as a key interface between the relationship team and the investment team for business development. Prior to joining MacKay, Tom was lead Portfolio Manager and head of the $75 billion Short Duration business at BlackRock. He also served as a Portfolio Manager within the Global Fixed Income division at Merrill Lynch Investment Managers prior to it being acquired by BlackRock in 2006. Tom earned his Bachelors of Science in Finance from Siena College and his MBA in Finance from St. John’s University and is a CFA charterholder. His career in the investment management industry began in 1991.

Morningstar Style Box

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Morningstar Category

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Fund Overview

CategoryNontraditional Bond

Fund FamilyNew York Life Investment Management LLC

Net Assets679.88M

YTD Return2.82%

Yield2.83%

Morningstar Rating★★

Inception DateFeb 27, 2018

Fund Operations

Last Dividend0.09

Last Cap Gain-40.00

Holdings Turnover86.00%

Average for CategoryN/A

Fees & Expenses

ExpenseMASBXCategory Average

Annual Report Expense Ratio (net)0.65%1.23%

Prospectus Net Expense Ratio0.65%N/A

Prospectus Gross Expense Ratio0.65%N/A

Max 12b1 FeeN/AN/A

Max Front End Sales LoadN/A4.11%

Max Deferred Sales LoadN/A1.17%

3 Yr Expense Projection0N/A

5 Yr Expense Projection0N/A

10 Yr Expense Projection0N/A