Mainstay Candriam Emerging Markets Debt Fund Class A: (MF: MGHAX)
(NASDAQ Mutual Funds) As of Apr 25, 2024 08:00 PM ET
$7.69 USD
-0.03 (-0.39%)
Fund Description
The fund was incepted in June 1998 and is managed by New York Life Investment Management. The fund seeks to provide maximum current income by investing primarily in high-yield debt securities of non-U.S. issuers. Capital appreciation is a secondary objective. The fund invests primarily in high-yield debt securities issued by governments, their agencies and authorities and corporations in at least three different countries, principally emerging markets. Investments may include yankee debt securities, Brady Bonds and derivative instruments, including floaters, inverse floaters, swaps, options and futures. The fund may also buy and sell currency on a spot basis, enter into forward currency contracts and purchase currency options. The fund offers dividends monthly. Capital gains are distributed in December.
Load Information
| Ticker | Max Load % |
Deferred Load % |
Red. Fee % |
12B-1 Fee % |
Mgmt Fee % |
Expense Ratio % |
|
|---|---|---|---|---|---|---|---|
| MainStay Candriam Emg Mkt Debt A | MGHAX | 4.50 | NA | 0.00 | 0.25 | 0.70 | 1.15 |
Return Data
| Ticker | Nav | Inception Date | % yield | 1 year return | 2 year return | 3 year return | |
|---|---|---|---|---|---|---|---|
| MainStay Global High Income C | MHYCX | 7.71 | 9/1/1998 | 0.98 | 13.93 | -2.43 | -1.00 |
| MainStay Global High Income A | MGHAX | 7.69 | 6/1/1998 | 1.23 | 15.18 | -1.31 | 0.10 |
| MainStay Global High Income Inv | MGHHX | 7.99 | 2/28/2008 | 1.12 | 14.67 | -1.70 | -0.28 |
| MainStay Global High Income I | MGHIX | 7.91 | 8/31/2007 | 1.31 | 15.65 | -0.98 | 0.42 |
Investment Information
| Ticker | Minimum Initial Investment ($) | Minimum Subsequent Investment ($) | Minimum Initial IRA ($) | Dividend Frequency | |
|---|---|---|---|---|---|
| MainStay Candriam Emg Mkt Debt A | MGHAX | 15000 | 0 | 0 | M |
Contact Information
| Family | NY Life Invest |
| Address | 30 Hudson Street Jersey City, NJ 07302 |
| Phone | 800 624-6782 |