The MainStay Floating Rate Fund Class R6 (MXFEX) is a mutual fund that primarily invests in floating rate loans and other debt securities. These types of investments have variable interest rates that adjust periodically, making them less sensitive to changes in interest rates. This fund is designed for investors seeking a higher level of income and potential protection against rising interest rates. It is classified as Class R6, indicating that it is intended for institutional investors and has lower fees compared to other classes of the same fund. With a focus on floating rate securities, this fund offers a unique investment opportunity for those looking for a diversified fixed income portfolio.

MXFEX Mutual Fund Chart & Stats

Previous Close$8.89

Sub-CategoryFloating Rate and Senior Loans

Total Liabilities47.37M

Last Dividend Ex-Date

Apr 30, 2024

Expense Ratio0.64%

Holding Count516

Brandmainstay funds trust

Dividend Yield

0.29 (3.12%)

CategoryFixed-Income

Total Assets1.65B

Shares Outstanding27,362,655

52-Week Range$8.65 - $8.91

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MXFEX Mutual Fund Price & Analysis

MXFEX Mutual Fund Chart & Stats

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