MDHIX | MAINSTAY SHORT DURATION HIGH YIELD FUND CLASS I

Basic Info 9.5 0.02(0.21%)
June 14

MAINSTAY SHORT DURATION HIGH YIELD FUND CLASS I started on 06/20/1996

MAINSTAY SHORT DURATION HIGH YIELD FUND CLASS I is classified as asset class High Yield Bond

MAINSTAY SHORT DURATION HIGH YIELD FUND CLASS I expense ratio is 1.12%

MAINSTAY SHORT DURATION HIGH YIELD FUND CLASS I rating is

(39%)

MAINSTAY SHORT DURATION HIGH YIELD FUND CLASS I (MDHIX) Dividend Info

MAINSTAY SHORT DURATION HIGH YIELD FUND CLASS I (MDHIX) dividend growth in the last 12 months is 20.85%

The trailing 12-month yield of MAINSTAY SHORT DURATION HIGH YIELD FUND CLASS I is 5.79%. its dividend history:

Date	Dividend
05/31/2024	0.0485
04/30/2024	0.0495
03/28/2024	0.0493
02/29/2024	0.0501
01/31/2024	0.0582
12/20/2023	0.0524
11/30/2023	0.0447
10/31/2023	0.0501
09/29/2023	0.0443
08/31/2023	0.0474
07/31/2023	0.0465
06/30/2023	0.0438
05/31/2023	0.048
04/28/2023	0.0433
03/31/2023	0.0441
02/28/2023	0.0399
01/31/2023	0.0492
12/20/2022	0.0393
11/30/2022	0.0381
10/31/2022	0.039
09/30/2022	0.0365
08/31/2022	0.0368
07/29/2022	0.0355
06/30/2022	0.0342
05/31/2022	0.0378
04/29/2022	0.0281
03/31/2022	0.0361
02/28/2022	0.0313
01/31/2022	0.0315
12/15/2021	0.0291
11/30/2021	0.0324
10/29/2021	0.0339
09/30/2021	0.0328
08/31/2021	0.0331
07/30/2021	0.031
06/30/2021	0.0326
05/28/2021	0.0368
04/30/2021	0.0338
03/31/2021	0.0388
02/26/2021	0.0322
01/29/2021	0.0396
12/16/2020	0.051
11/30/2020	0.0339
10/30/2020	0.0398
09/30/2020	0.0369
08/31/2020	0.0361
07/31/2020	0.0411
06/30/2020	0.0359
05/29/2020	0.0306
04/30/2020	0.037
03/31/2020	0.045
02/28/2020	0.039
01/31/2020	0.0382
12/19/2019	0.0397
11/29/2019	0.0479
10/31/2019	0.0395
09/30/2019	0.0392
08/30/2019	0.0391
07/31/2019	0.0378
06/28/2019	0.0379
05/31/2019	0.0386
04/30/2019	0.0385
03/29/2019	0.035
02/28/2019	0.0365
01/31/2019	0.0377
12/20/2018	0.0393
11/30/2018	0.0419
10/31/2018	0.0425
09/28/2018	0.0337
08/31/2018	0.0352
07/31/2018	0.035
06/29/2018	0.0363
05/31/2018	0.0354
04/30/2018	0.034
03/29/2018	0.035
02/28/2018	0.036
01/31/2018	0.035
12/21/2017	0.036
11/30/2017	0.036
10/31/2017	0.035
09/29/2017	0.035
08/31/2017	0.0354
07/31/2017	0.035
06/30/2017	0.0343
05/31/2017	0.0336
04/28/2017	0.0371
03/31/2017	0.037
02/28/2017	0.038
01/31/2017	0.04
12/15/2016	0.041
11/30/2016	0.04
10/31/2016	0.041
08/31/2016	0.043
07/29/2016	0.044
06/30/2016	0.044
05/31/2016	0.043
04/29/2016	0.044
03/31/2016	0.046
02/29/2016	0.047
01/29/2016	0.048
12/16/2015	0.043
11/30/2015	0.043
10/30/2015	0.041
09/30/2015	0.043
08/31/2015	0.04
07/31/2015	0.041
06/30/2015	0.041
05/29/2015	0.04
04/30/2015	0.042
03/31/2015	0.041
02/27/2015	0.041
01/30/2015	0.041
12/16/2014	0.049
11/28/2014	0.037
10/31/2014	0.042
06/20/1996	0.057

Dividend Growth History for MAINSTAY SHORT DURATION HIGH YIELD FUND CLASS I (MDHIX)

Year	Payout Amount	Year Start Yield	Annual Payout Growth (YoY)	CAGR to 2023
2023	$0.5537	6.04%	30.53%	-
2022	$0.4242	4.32%	4.46%	30.53%
2021	$0.4061	4.16%	-12.57%	16.77%
2020	$0.4645	4.68%	-0.62%	6.03%
2019	$0.4674	4.91%	6.40%	4.33%
2018	$0.4393	4.42%	1.60%	4.74%
2017	$0.4324	4.36%	-10.10%	4.21%
2016	$0.481	5.11%	-3.22%	2.03%
2015	$0.497	5.04%	288.28%	1.36%
2014	$0.128	1.27%	-	17.67%
1996	$0.057	0.73%	-	8.79%

Dividend Growth Chart for MAINSTAY SHORT DURATION HIGH YIELD FUND CLASS I (MDHIX)

MAINSTAY SHORT DURATION HIGH YIELD FUND CLASS I (MDHIX) Historical Returns And Risk Info

From 06/20/1996 to 06/14/2024, the compound annualized total return (dividend reinvested) of MAINSTAY SHORT DURATION HIGH YIELD FUND CLASS I (MDHIX) is 5.957%. Its cumulative total return (dividend reinvested) is 94.175%.

From 06/20/1996 to 06/14/2024, the Maximum Drawdown of MAINSTAY SHORT DURATION HIGH YIELD FUND CLASS I (MDHIX) is 18.0%.

From 06/20/1996 to 06/14/2024, the Sharpe Ratio of MAINSTAY SHORT DURATION HIGH YIELD FUND CLASS I (MDHIX) is 0.11.

From 06/20/1996 to 06/14/2024, the Annualized Standard Deviation of MAINSTAY SHORT DURATION HIGH YIELD FUND CLASS I (MDHIX) is 8.2%.

From 06/20/1996 to 06/14/2024, the Beta of MAINSTAY SHORT DURATION HIGH YIELD FUND CLASS I (MDHIX) is 0.25.

	Last 1 Week*	YTD*(2024)	1 Yr	3 Yr	5 Yr	10 Yr	Since 06/20/1996	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Annualized Return(%)	0.1	2.9	8.8	3.8	4.4	4.0	2.4	10.2	-2.5	4.7	3.3	9.4	0.1	3.6	10.3	0.7	-1.0	1.4	28.2
Sharpe Ratio	NA	1.57	2.32	0.48	0.61	0.81	0.11	2.37	-1.01	3.08	0.35	4.33	-0.7	2.19	3.24	0.29	-0.46	0.66	0.0
Draw Down(%)	NA	0.6	1.0	6.2	18.0	18.0	18.0	1.6	6.2	1.0	18.0	0.6	2.7	0.9	3.3	3.8	3.8	2.8	0.5
Standard Deviation(%)	NA	1.8	2.2	2.9	4.5	3.5	8.2	2.5	3.9	1.5	8.6	1.8	1.7	1.4	3.1	2.3	2.2	2.1	134.5
Treynor Ratio	NA	0.08	0.13	0.03	0.05	0.05	0.04	0.16	-0.08	0.15	0.04	0.21	-0.04	0.18	0.2	0.02	-0.04	0.06	-0.01
Alpha	NA	0.01	0.01	0.01	0.01	0.0	0.01	0.01	0.0	0.01	0.0	0.01	0.0	0.01	0.02	0.01	-0.01	0.0	-0.08
Beta	NA	0.37	0.38	0.43	0.6	0.55	0.25	0.39	0.47	0.32	0.77	0.38	0.32	0.16	0.51	0.44	0.29	0.23	0.24
RSquare	NA	0.54	0.68	0.75	0.8	0.72	0.93	0.75	0.83	0.24	0.92	0.48	0.5	0.12	0.67	0.59	0.2	0.13	1.0
Yield(%)	N/A	2.7	6.3	4.9	4.8	4.5	N/A	6.0	4.3	4.2	4.7	4.9	4.4	4.4	5.1	5.0	1.3	0.0	0.0
Dividend Growth(%)	N/A	-53.8	20.9	5.9	10.2	N/A	N/A	30.6	4.4	-12.6	-0.6	6.4	1.6	-10.1	-3.2	288.3	N/A	N/A	N/A

Return Calculator for MAINSTAY SHORT DURATION HIGH YIELD FUND CLASS I (MDHIX)

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MAINSTAY SHORT DURATION HIGH YIELD FUND CLASS I (MDHIX) Historical Return Chart

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MAINSTAY SHORT DURATION HIGH YIELD FUND CLASS I (MDHIX) Rolling Returns Charts

A rolling return for a period such as 5-year, as of a specific date, represents the investment’s performance over the preceding five years leading up to that date. In the 5-year rolling chart, the value on any given date corresponds to the annualized return for the preceding 5 years up to that very date. Thus, for instance, the chart value on 8/28/2015 reflects the annualized return from 8/28/2010 to 8/28/2015. A 5-year rolling return chart for an investment (stock, fund or portfolio) depicts the return sequence of 5-year trailing returns for the dates in the chart.

These rolling returns contrast with the most recent 3, 5, 10, and 15-year returns, as they solely depict the returns for those respective periods leading up to the most recent date, without encompassing every date in the historical record.

Rolling return charts offer a more precise insight into a portfolio’s risk and return stability (including funds or individual stocks). This is particularly true when focusing on the minimal return points within a rolling return chart as a measure of a fund or a portfolio's risk. A well-known observation, often attributed to ‘Murphy’s law’, is that it tends to perform poorly when investors decide to follow an investment due to its recent strong returns. Sound familiar? Information regarding minimum rolling returns could help mitigate this predicament. Investors can opt for an investment showcasing high minimum rolling returns within their preferred holding durations. In fact, merely possessing knowledge of such minimum rolling period returns can anchor investors’ expectations.

For instance, let’s consider an investor who follows a model portfolio (or even simply purchases and holds a fund like VFINX or SPY) for 10 years. Armed with knowledge of this portfolio’s minimum 10-year rolling return since its inception date or the fund’s inception (in the case of VFINX, recognizing that the minimum 10-year rolling return since 1987 could be as low as -2.24%), the investor should reasonably anticipate the potential for the portfolio to incur losses over the forthcoming 10 years.

Minimum rolling return for a period such as 10-year offers a different and often better historical risk and return metric than other popular risk and return metrics such as Sharpe ratio, standard deviation (volatility) or maximum drawdown.

See Portfolio Calculator and Rolling Returns for more detailed description.

From 06/20/1996 to 06/14/2024, the worst annualized return of 3-year rolling returns for MAINSTAY SHORT DURATION HIGH YIELD FUND CLASS I (MDHIX) is -0.45%.

From 06/20/1996 to 06/14/2024, the worst annualized return of 5-year rolling returns for MAINSTAY SHORT DURATION HIGH YIELD FUND CLASS I (MDHIX) is 1.67%.

From 06/20/1996 to 06/14/2024, the worst annualized return of 10-year rolling returns for MAINSTAY SHORT DURATION HIGH YIELD FUND CLASS I (MDHIX) is 2.93%.

From 06/20/1996 to 06/14/2024, the worst annualized return of 20-year rolling returns for MAINSTAY SHORT DURATION HIGH YIELD FUND CLASS I (MDHIX) is NA.

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