NYLI MacKay High Yield Muni Bond Fund Class R6
NYLI MacKay High Yield Muni Bond Fund Class R6
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Overview
What the company does, where it operates, and who runs it.
About NYLI MacKay High Yield Muni Bond Fund Class R6
- Industry
- Asset Management
- Sector
- Financial Services
- CEO
- Not available
- Headquarters
- Parsippany NJ 07054, Parsippany, NJ, US
- Industry
- Asset Management
- Sector
- Financial Services
- CEO
- Not available
- Headquarters
- Parsippany NJ 07054, Parsippany, NJ, US
The fund invests at least 80% of its assets (net assets plus any borrowings for investment purposes) in municipal bonds. It may invest up to 10% of its net assets in municipal bonds that are the subject of bankruptcy proceedings, that are in default as to the payment of principal or interest, or that are rated in the lowest rating category by a NRSRO or if unrated, judged to be of comparable quality by the subadvisor.
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