MacKay Shields
Contact Us
Strategies
Strategies Overview
  • Municipals
  • High Yield
  • Multi-Sector Fixed Income
  • Investment Grade Credit
  • High Yield Active Core
  • Global High Yield​
  • Convertibles
  • Structured Products
  • International Equity
MacKay Strategies

Philosophy & Process

MacKay Shields investment teams utilize their own philosophy, processes, and experience to add value across capital markets.

Learn More
Insights
Insights Overview
  • Perspectives
  • Events and Webcasts
  • Podcasts
  • Fact Sheets
  • Product Profiles
  • Staff Spotlights
MacKay Insights

Perspectives & More

Economic insights, industry trends, factsheets, MacKay Shields staff spotlights, and more.

Learn More
Responsibility
Responsibility Overview
  • Responsible Investing
  • Corporate Responsibility
MacKay Responsibility

Objectives & Values

We strive to meet the objectives and values of our clients; care for our employees; and promote the well-being of the communities in which we invest, work, and live.

Learn More
Who We Are
Who We Are Overview
  • Our Values
  • Our Leadership
  • Our Investment Teams
  • Careers
  • In the Community
  • News
who we are megamenu

Purpose Driven + Performance Led

We are dedicated to investing for trusted clients globally, while ensuring the health of our company culture and the prosperity of our local communities.

Learn More
Contact Us

MacKay Shields High Yield

We utilize a bottom-up, value-oriented approach with an objective to outperform the market over the long-term through superior credit selection, while mitigating downside risk. 

Overview

Overview

          

Our team has a pure focus on high yield securities, with a consistently applied investment process. Given the asymmetric risk/return profile of investing in high yield, we have a long-term outlook, paying constant attention to risk versus reward and downside risk mitigation.

          

          

Strategies

Strategies

High Yield Strategies

          

STRATEGY
SEPARATE ACCOUNT
COLLECTIVE INVESTMENT TRUST
MUTUAL FUND
UCITS
FACT SHEET

High Yield

 1

1

1

1

1

1

Low Volatility (Short Duration) High Yield

 1

 

 1

                

 1

1

 

 1

 

 1

Bank Loans

 1

1
1
1

        

 1
1

          

          

“Our investment process keeps us disciplined. We focus on those high yield bonds which our research shows have a sufficient margin of safety.” — Maureen O'Callaghan, Portfolio Manager and Analyst

          

MACKAY SHIELDS OFFICES MACKAY SHIELDS OFFICES

Dublin
London
Los Angeles
Princeton
New York

  • New York Life Insurance Company
  • New York Life Investments
  
CONNECT WITH US
LinkedIn Twitter YouTube Icon

SUBSCRIBE

Sign up to get the latest on ideas and insights that matter most to you.
  • ©2022 MacKay Shields An affiliate of New York Life Investment Management LLC
  • Terms of Use
  • Form ADV 3
  • Privacy Notices
  • Regulatory Disclosures
  • Responsible Investing Policies

How We Use Cookies

MacKay Shields uses cookies to personalize and improve your site experience and provide you with information about products and services tailored to your interests. When selecting ‘Accept and Continue’ you accept all categories of cookies.

 

For more information about the types of cookies we use and how you can disable certain cookies, please visit our “Online Privacy Policy” which can be found under “Privacy and Other Policies". Please be aware that certain types of cookies are necessary to browse our website and therefore cannot be disabled. These necessary cookies do not collect any personal information about you.

You are now leaving the MacKay Shields Web Site. You assume total responsibility and risk for your use of the site(s) to which you are linking.

The information being provided is strictly as a courtesy. When you link to any of the web sites provided herewith, you are leaving this site. Neither the Company, MacKay Shields nor any of its subsidiaries, make any representations as to the completeness or accuracy of information that is provided at these sites. Nor are they liable for any direct or indirect technical or systems issues or any consequences arising out of your access to or your use of third-party technologies, sites, information and programs made available through this site.

Cancel Continue