MIXIX - NYLI Short Term Bond FundI Stock Price & Dividend Safety Sector: Financial Services | Exchange: NASDAQ Current Price & Safety Score Price: 8.97 USD StockBonds Safety Grade: Altman Z-Score (Bankruptcy Risk): 0.00 StockBond Score: 0.00 Company Description The fund aims to provide a steady stream of income while also safeguarding its principal Typically it invests a minimum of 80 of its total assets including net assets and any borrowed capital used for investment in various debt securities Furthermore at least 80 of its net assets are specifically allocated to investmentgrade quality bonds The quality of these bonds is determined by ratings from nationally recognized statistical rating organizations NRSROs or if unrated by the comparable judgment of NYL Investors LLC the funds Subadvisor The fund also has the option to commit up to 20 of its net assets to bonds that are rated below investment grade by an NRSRO which are often called high yield or junk bonds