|
Overall Morningstar
Rating™ |
| What is this? |
 |
 |
| As of 2009-10-31 |
|
Out of
Bank Loan Funds |
|
| Rating derived from a weighted average of the fund's 3, 5, 10-year rating which are based on risk-adjusted performance. |
|
|
|
Morningstar®
Style Box™ |
| What is this? |
|
 |
|
Avg Duration |
|
|
0.30 Yrs
|
|
|
|
Avg Credit Quality |
|
|
BB |
|
| As of
2009-09-30 |
|
|
| Day Change |
| $ -0.01 |
|
|
| NAV (2009-11-20) |
| $ 8.93 |
|
|
| YTD Return % (2009-11-20) |
| 30.68% |
|
|
| Total Assets ($ mil) |
| 726 |
|
| Growth of $10,000 |
 |
Fund: |
MainStay Floating Rate B |
| (from
2004-05-03
to 2009-10-31) |
 |
Category: |
Bank Loan |
|
 |
Index: |
BarCap US Agg Bond TR USD |
| Total Annualized Returns % |
1yr, 3yr and 5yr Returns as of 2009-11-20 |
| Inception date: 2004-05-03 |
10yr and Inception Returns as of 2009-10-31 |
|
YTD Returns as of 2009-11-20 |
|
|
YTD |
1 Year |
3 Year |
5 Year |
10 Year |
Since Inception |
| Fund |
30.68 |
24.76 |
0.74 |
1.97 |
--- |
2.15 |
| +/- Category |
-7.69 |
2.18 |
2.12 |
0.78 |
--- |
--- |
| +/- BarCap US Agg Bond TR USD |
23.77 |
12.27 |
-5.71 |
-3.30 |
--- |
--- |
|
|
| Standardized Annual Returns % more on standardized returns |
| Quarter-End (as of
2009-09-30) |
27.64 |
3.43 |
0.43 |
2.07 |
--- |
2.12 |
| Month-End (as of 2009-10-31) |
28.07 |
18.41 |
0.35 |
2.08 |
--- |
2.15 |
|
|
| After Tax Returns % (as of
2009-09-30
)
|
| On Distribution |
--- |
17.16 |
-1.19 |
0.56 |
--- |
--- |
| On Distribution & Sale of Shares |
--- |
11.86 |
-0.60 |
0.88 |
--- |
--- |
|
|
| Morningstar Rating |
--- |
--- |
 |
|
--- |
--- |
|
| # of compared funds covered (3 yrs : out of 89 funds), (5 yrs : out of 64 funds), (10 yrs : out of funds). Ratings are based on risk-adjusted performance. The maximum initial sales fee is
none,
the maximum deferred sales fee is
none,
and the maximum redemption sales fee is
2.00%.
|
|
| The performance quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate thus an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted herein. |
|
|
|
|
| Sector Breakdown % |
|
| US Government |
0.00 |
| US Treasuries |
0.00 |
| TIPS |
0.00 |
| US Agency |
0.00 |
|
|
|
| Mortgage |
0.00 |
| Mortgage Pass-Thru |
0.00 |
| Mortgage CMO |
0.00 |
| Mortgage ARM |
0.00 |
|
|
|
| Credit |
38.90 |
| US Corporate |
38.90 |
| Asset-Backed |
0.00 |
| Convertible |
0.00 |
| Municipal |
0.00 |
| Corporate Inflation-Protected |
0.00 |
|
|
|
| Foreign |
2.59 |
| Foreign Corp |
2.59 |
| Foreign Govt |
0.00 |
|
|
|
| Cash |
58.51 |
|
| Bond Quality |
% of Bonds |
| AAA |
10.1 |
| AA |
0.0 |
| A |
0.0 |
| BBB |
6.0 |
| BB |
49.5 |
| B |
24.1 |
| Below B |
7.7 |
| Not Rated |
2.7 |
|
|
|
|
|
| |
|
|
| Asset Allocation |
|
 |
|
| % of Net Assets |
 |
Cash |
58.4 |
 |
Stocks |
0.0 |
|
Bonds |
41.4 |
 |
Other |
0.2 |
|
|
|
Foreign Stocks |
0.0 |
|
(as a % of Assets) |
|
|
| Data through 2009-09-30 |
Data through 2009-09-30 |
 |
| Holding Status |
|
| Total Number of Stock Holdings |
|
|
Turnover % |
10 |
| Total Number of Bond Holdings |
26 |
|
30 Day SEC Yield % |
2.51 |
| % of Assets in Top 10 Holdings |
24.87 |
|
ending as of
2009-09-30 |
|
|
|
|
View Data Definitions |
| Top 10 Holdings |
Maturity
Date |
Amount
$000 |
Value
$000 |
% of Net
Assets |
|
|
|
|
|
|
|
Ball 7.125% |
2016-09-01 |
4,000 |
4,080 |
3.11 |
|
Solo Cup Co/Solo Cup Oper 144A 10.5% |
2013-11-01 |
3,750 |
3,975 |
3.03 |
|
Sprint Cap 8.375% |
2012-03-15 |
3,500 |
3,614 |
2.76 |
|
Teck Resources 10.25% |
2016-05-15 |
3,000 |
3,390 |
2.59 |
|
Corrections Corp Amer New 7.75% |
2017-06-01 |
3,000 |
3,098 |
2.36 |
|
 |
|
Amer Tower 144A 7.25% |
2019-05-15 |
3,000 |
3,083 |
2.35 |
 |
Del Monte 144A 7.5% |
2019-10-15 |
3,000 |
3,030 |
2.31 |
|
Silgan Hldgs 144A 7.25% |
2016-08-15 |
3,000 |
3,030 |
2.31 |
|
Qwest FRN |
2013-06-15 |
3,000 |
2,805 |
2.14 |
|
Dole Food 144A 8% |
2016-10-01 |
2,500 |
2,509 |
1.91 |
|
|
 |
Data through 2009-09-30 |
|
|
| Fund Inception: 2004-05-03 |
|
Portfolio Manager (Start Date) |
|
|
|
|
|
Robert Dial (2004-05-03) |
|
|
|
Mr. Dial is the Head of the High Yield Group and a Senior Portfolio Manager. Mr. Dial 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. Prior to joining NYLIM, Mr. Dial worked extensively in the leveraged finance markets for Fleet Securities, Credit Lyonnais and Chase Manhattan Bank. Mr. Dial received a B.A. from Yale University and an M.B.A. from the University of Chicago Graduate School of Business. He has 18 years of investment experience. |
|
|
|
|
Sales Charge %
(taken from prospectus dated 2009-10-30) |
| Front: |
None |
| Deferred: |
None |
|
| Expense Ratio % |
1.79 |
based on net assets
(taken from annual report dated 2008-10-31)
|
|
| Correspondence Information |
Nylim Center, 169 Lackawanna Ave.
Parsippany,
NJ
07054
United States |
|
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