0001144204-12-069666.txt : 20121226 0001144204-12-069666.hdr.sgml : 20121224 20121226163157 ACCESSION NUMBER: 0001144204-12-069666 CONFORMED SUBMISSION TYPE: 485BPOS PUBLIC DOCUMENT COUNT: 7 FILED AS OF DATE: 20121226 DATE AS OF CHANGE: 20121226 EFFECTIVENESS DATE: 20121226 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MAINSTAY FUNDS TRUST CENTRAL INDEX KEY: 0001469192 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: 485BPOS SEC ACT: 1933 Act SEC FILE NUMBER: 333-160918 FILM NUMBER: 121285623 BUSINESS ADDRESS: STREET 1: 51 MADISON AVENUE CITY: NEW YORK STATE: NY ZIP: 10010 BUSINESS PHONE: 212 576 7000 MAIL ADDRESS: STREET 1: 51 MADISON AVENUE CITY: NEW YORK STATE: NY ZIP: 10010 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MAINSTAY FUNDS TRUST CENTRAL INDEX KEY: 0001469192 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: 485BPOS SEC ACT: 1940 Act SEC FILE NUMBER: 811-22321 FILM NUMBER: 121285624 BUSINESS ADDRESS: STREET 1: 51 MADISON AVENUE CITY: NEW YORK STATE: NY ZIP: 10010 BUSINESS PHONE: 212 576 7000 MAIL ADDRESS: STREET 1: 51 MADISON AVENUE CITY: NEW YORK STATE: NY ZIP: 10010 0001469192 S000039301 MainStay Short Duration High Yield Fund C000121097 Class A C000121098 Class C C000121099 Class I C000121100 Class R2 C000121101 Investor Class 485BPOS 1 v794140_485bpos.htm AMENDED REGISTRATION STATEMENT

 

AS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION ON DECEMBER 26, 2012

 

  FILE NO.  333-160918

  FILE NO.  811-22321


 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM N-1A

 

REGISTRATION STATEMENT

UNDER THE SECURITIES ACT OF 1933  [X]

 

Post-Effective Amendment No.  36

 

AND

 

REGISTRATION STATEMENT

UNDER THE INVESTMENT COMPANY ACT OF 1940  [X]

 

Amendment No.  38

 

MAINSTAY FUNDS TRUST

(exact name of registrant as specified in charter)

 

51 MADISON AVENUE, NEW YORK, NEW YORK 10010

(address of principal executive office)

 

REGISTRANT'S TELEPHONE NUMBER: (212) 576-7000

 

 

J. Kevin Gao, Esq.

MainStay Funds Trust

169 Lackawanna Avenue

Parsippany, NJ 07054

Copy to:

Sander M. Bieber, Esq.

Dechert LLP

1775 I Street, NW

Washington, DC 20006

 

(NAME AND ADDRESS OF AGENT FOR SERVICE)

 

It is proposed that this filing will become effective

 

x Immediately upon filing pursuant to paragraph (b) of Rule 485
o on ________ pursuant to paragraph (b)(1) of Rule 485
o 60 days after filing pursuant to paragraph (a)(1) of Rule 485
o on ________, pursuant to paragraph (a)(1) of Rule 485
o 75 days after filing pursuant to paragraph (a)(2) of Rule 485
o on  ________  pursuant to paragraph (a)(2) of Rule 485

 

If appropriate, check the following box:

o This Post-Effective Amendment designates a new effective date for a previously filed post-effective amendment
 
 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Act of 1933 and the Investment Company Act of 1940, the Registrant certifies that it meets all of the requirements for effectiveness of this Registration Statement under Rule 485(b) under the Securities Act and that it has duly caused this Post-Effective Amendment No. 36 to its Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Parsippany in the State of New Jersey, on the 26th day of December, 2012.

 

  MAINSTAY FUNDS TRUST
     
  By: /s/ Stephen P. Fisher
    Stephen P. Fisher
    President and Principal Executive Officer
     

Pursuant to the requirements of the Securities Act of 1933, this Post-Effective Amendment No. 36 to the Registration Statement has been signed below by the following persons in the capacities indicated on December 26, 2012.

 

SIGNATURE   TITLE
     
/s/ Stephen P. Fisher   President and Principal Executive Officer
Stephen P. Fisher    
     
/s/ Susan B. Kerley*   Trustee and Chairman of the Board
Susan B. Kerley    
     
/s/ John Y. Kim*   Trustee
John Y. Kim    
     
/s/ Alan R. Latshaw*   Trustee
Alan R. Latshaw    
     
/s/ Peter Meenan*   Trustee
Peter Meenan    
     
/s/ Richard H. Nolan, Jr.*   Trustee
Richard H. Nolan, Jr.    
     
/s/ Richard S. Trutanic*   Trustee
Richard S. Trutanic    
     
/s/ Roman L. Weil*   Trustee
Roman L. Weil    
     
/s/ John A. Weisser*   Trustee
John A. Weisser    
     
/s/ Jack R. Benintende   Treasurer and Principal Financial
Jack R. Benintende   and Accounting Officer
     
*By: /s/ J. Kevin Gao    
        J. Kevin Gao    
        As Attorney-in-Fact    

 

*    PURSUANT TO POWERS OF ATTORNEY PREVIOUSLY FILED

 
 

 

 

EXHIBIT INDEX

 

EX-101.INS XBRL Instance Document
EX-101.SCH XBRL Taxonomy Extension Schema Document
EX-101.CAL XBRL Taxonomy Extension Calculation Linkbase
EX-101.DEF XBRL Taxonomy Extension Definition Linkbase
EX-101.LAB XBRL Taxonomy Extension Labels Linkbase
EX-101.PRE XBRL Taxonomy Extension Presentation Linkbase

 

 

 

 

EX-101.INS 2 ck0001469192-20121214.xml XBRL INSTANCE DOCUMENT 485BPOS 2012-12-14 0001469192 2012-12-17 MAINSTAY FUNDS TRUST false 2012-12-14 2012-12-17 <tt>The Fund pays transaction costs, such as commissions, when it buys and sells<br />securities (or "turns over" its portfolio). A higher portfolio turnover may<br />indicate higher transaction costs and may result in higher taxes when Fund<br />shares are held in a taxable account. These costs, which are not reflected in<br />annual fund operating expenses or in the Example, affect the Fund's performance.<br />Because the Fund has been in operation for less than one full calendar year, the<br />Fund's portfolio turnover rate for the most recent fiscal year is not available.</tt> <div style="display:none">~ http://www.dechert.com/role/ExpenseExample_S000039301Member column primary compact * row dei_LegalEntityAxis compact * row rr_ProspectusShareClassAxis compact * ~</div> <tt>The Fund seeks high current income.</tt> <tt>The Example is intended to help you compare the cost of investing in the Fund<br />with the cost of investing in other mutual funds. The Example assumes that you<br />invest $10,000 in the Fund for the time periods indicated and then redeem all <br />of your shares at the end of those periods. The Example also assumes that your<br />investment has a 5% return each year and that the Fund's operating expenses<br />remain the same.</tt> <tt>The Fund, under normal circumstances, invests at least 80% of its assets <br />(net assets plus any borrowings for investment purposes) in high-yield debt<br />securities that are rated below investment grade by an independent rating<br />agency, such as Standard &amp; Poor's ("S&amp;P"), Moody's Investor&#xA0;&#xA0;Service, Inc. <br />("Moody's") or Fitch Ratings ("Fitch"), or that are unrated but are <br />considered to be of comparable quality by MacKay Shields LLC, the Fund's<br />Subadvisor. Debt securities in which the Fund may invest include all types <br />of debt obligations such as bonds, debentures, notes, bank debt, bank loan<br />participations, commercial paper, floating rate loans, U.S. Government<br />securities (including obligations, such as repurchase agreements, secured <br />by such instruments), and convertible corporate bonds. The Fund will generally <br />seek to maintain a weighted average duration of three years or less, although <br />the Fund may invest in instruments of any duration or maturity. Duration is a<br />measure used to determine the sensitivity of a security's price to changes in<br />interest rates. The longer a security's duration, the more sensitive it will be<br />to changes in interest rates.<br /> <br />Securities that are rated below investment grade by independent rating agencies<br />are commonly referred to as "junk bonds." These securities are sometimes<br />considered speculative. If independent rating agencies assign different ratings<br />to the same security, the Fund will use the lower rating for purposes of<br />determining the security's credit quality.<br /> <br />The Fund may invest up to 20% of its net assets in equity securities, including<br />preferred shares. The Fund also may invest in securities of non-U.S. issuers.<br />The Fund may hold cash or invest in investment grade short-term instruments<br />during times when the Subadvisor is unable to identify attractive high-yield<br />securities.<br /> <br />In times of unusual or adverse market, economic or political conditions, the<br />Fund may invest without limit in investment grade securities and may invest <br />in U.S. government securities or other high quality money market instruments.<br />Periods of unusual or adverse market, economic or political conditions may <br />exist in some cases, for up to a year. To the extent the Fund is invested in <br />cash, investment grade debt or other high quality instruments, the yield on <br />these investments tends to be lower than the yield on other investments normally<br />purchased by the Fund. Although investing heavily in these investments may help<br />to preserve the Fund's assets, it may not be consistent with the Fund's primary<br />investment objective and may limit the Fund's ability to achieve a high level of<br />income.<br /> <br />Investment Process: The Subadvisor seeks to identify investment opportunities<br />through analyzing individual companies and evaluates each company's competitive<br />position, financial condition, and business prospects. The Fund seeks to<br />minimize interest rate risk through its emphasis on duration management and<br />investments in securities with short and intermediate maturities. The Fund only<br />invests in companies in which the Subadvisor has judged that there is sufficient<br />asset coverage-that is, the Subadvisor's subjective appraisal of a company's<br />value divided by the value of its debt, with the intent of maximizing<br />default-adjusted income and returns.<br /> <br />The Subadvisor may sell a security if it no longer believes the security will<br />contribute to meeting the investment objective of the Fund. In considering<br />whether to sell a security, the Subadvisor may evaluate, among other things,<br />meaningful changes in the issuer's financial condition and competitiveness.</tt> MainStay Short Duration High Yield Fund <tt>Capital appreciation is a secondary objective.</tt> You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the MainStay Funds. Example "Other Expenses" are based on estimated amounts for the current fiscal year. Since the Fund does not have a full calendar year of performance as of the date of this Prospectus, no calendar year performance information is available. Investment Objective Before considering an investment in the Fund, you should understand that you could lose money. Principal Risks Shareholder Fees (fees paid directly from your investment) Although your actual costs may be higher or lower, based on these assumptions your costs would be: Past Performance 50000 Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment) Portfolio Turnover <tt>Loss of Money Risk: Before considering an investment in the Fund, you should<br />understand that you could lose money.<br /> <br />Net Asset Value Risk: The Fund is not a money market fund, does not attempt to<br />maintain a stable net asset value, and is not subject to the rules that govern<br />the quality, maturity, liquidity and other features of securities that money<br />market funds may purchase. Under normal conditions, the Fund's investment may be<br />more susceptible than a money market fund to interest rate risk, valuation risk,<br />credit risk and other risks relevant to the Fund's investments. The Fund's net<br />asset value per share will fluctuate.<br /> <br />Market Changes Risk: The value of the Fund's investments may change because of<br />broad changes in the markets in which the Fund invests, which could cause the<br />Fund to underperform other funds with similar objectives. From time to time,<br />markets may experience periods of acute stress that may result in increased<br />volatility. Such market conditions tend to add significantly to the risk of<br />short-term volatility in the net asset value of the Fund's shares.<br /> <br />Liquidity and Valuation Risk: Securities purchased by the Fund that are liquid<br />at the time of purchase may subsequently become illiquid due to events relating<br />to the issuer of the securities, market events, economic conditions or investor<br />perceptions. The lack of an active trading market may make it difficult to<br />obtain an accurate price for a security. If market conditions make it difficult<br />to value securities, the Fund may value these securities using more subjective<br />methods, such as fair value pricing. In such cases, the value determined for a<br />security could be different than the value realized upon such security's sale.<br />As a result, an investor could pay more than the market value when buying Fund<br />shares or receive less than the market value when selling Fund shares. Liquidity<br />risk may also refer to the risk that the Fund may not be able to pay redemption<br />proceeds within the allowable time period because of unusual market conditions,<br />unusually high volume of redemptions, or other reasons. To meet redemption<br />requests, the Fund may be forced to sell securities at an unfavorable time<br />and/or under unfavorable conditions.<br /> <br />Management Risk: The investment strategies, practices and risk analysis used by<br />the Subadvisor may not produce the desired results.<br /> <br />Yield Risk: There can be no guarantee that the Fund will achieve or maintain any<br />particular level of yield.<br /> <br />Debt Securities Risk: The risks of investing in debt securities include (without<br />limitation): (i) credit risk, i.e., the issuer may not repay the loan created by<br />the issuance of that debt security; (ii) maturity risk, i.e., a debt security<br />with a longer maturity may fluctuate in value more than one with a shorter<br />maturity; (iii) market risk, i.e., low demand for debt securities may negatively<br />impact their price; (iv) interest rate risk, i.e., when interest rates go up,<br />the value of a debt security goes down, and when interest rates go down, the<br />value of a debt security goes up; (v) selection risk, i.e., the securities<br />selected by the Subadvisor may underperform the market or other securities<br />selected by other funds; and (vi) call risk, i.e., during a&#xA0;&#xA0;period of falling <br />interest rates, the issuer may redeem a security by repaying it early, which <br />may reduce the Fund's income, if the proceeds are reinvested at lower interest <br />rates.<br /> <br />Additional risks associated with an investment in the Fund include the<br />following: (i) not all U.S. government securities are insured or guaranteed <br />by the U.S. government-some are backed only by the issuing agency, which must <br />rely on its own resources to repay the debt; and (ii) the Fund's yield will <br />fluctuate with changes in short-term interest rates.<br /> <br />High-Yield Securities Risk: Investments in high-yield securities (commonly<br />referred to as "junk bonds") are sometimes considered speculative because they<br />present a greater risk of loss than higher quality securities. Such securities<br />may, under certain circumstances, be less liquid than higher rated securities.<br />These securities pay investors a premium (a high interest rate or yield) because<br />of the increased risk of loss. These securities can also be subject to greater<br />price volatility. In times of unusual or adverse market, economic or political<br />conditions, these securities may experience higher than normal default rates.<br /> <br />Loan Participation Interest Risk: There may not be a readily available market<br />for loan participation interests, which in some cases could result in the Fund<br />disposing of such security at a substantial discount from face value or holding<br />such security until maturity. In addition, there is also the credit risk of the<br />underlying corporate borrower as well as the lending institution or other<br />participant from whom the Fund purchased the loan participation interests.<br /> <br />Floating Rate Loans Risk: The floating rate loans in which the Fund invests are<br />usually rated below investment grade (commonly referred to as "junk bonds") and<br />are generally considered speculative because they present a greater risk of<br />loss, including default, than higher quality debt securities. Moreover, such<br />securities may, under certain circumstances, be less liquid than higher quality<br />debt securities. Although certain floating rate loans are collateralized, there<br />is no guarantee that the value of the collateral will be sufficient to repay the<br />loan. In times of unusual or adverse market, economic or political conditions,<br />floating rate loans may experience higher than normal default rates. In the<br />event of a recession or serious credit event, among other eventualities, the<br />Fund's investments in floating rate loans are more likely to decline.<br /> <br />Distressed Securities Risk:Investments in distressed securities are subject <br />to substantial risks in addition to the risks of investing in other types of<br />high-yield securities. Distressed securities are speculative and involve<br />substantial risk that principal will not be repaid. Generally, the Fund will <br />not receive interest payments on such securities and may incur costs to protect <br />its investment. In addition, the Fund's ability to sell distressed securities <br />and any securities received in exchange for such securities may be restricted.<br /> <br />Convertible Securities Risk: Convertible securities may be subordinate to other<br />securities. In part, the total return for a convertible security depends upon<br />performance of the underlying stock into which it can be converted. Also,<br />issuers of convertible securities are often not as strong financially as those<br />issuing securities with higher credit ratings, are more likely to encounter<br />financial difficulties and typically are more vulnerable to changes in the<br />economy, such as a recession or a sustained period of rising interest rates,<br />which could affect their ability to make interest and principal payments. If <br />an issuer stops making interest and/or principal payments, the Fund could <br />lose its entire investment.<br /> <br />Equity Securities Risk: Investments in common stocks and other equity securities<br />are particularly subject to the risk of changing economic, stock market, industry <br />and company conditions and the risks inherent in the portfolio manager's ability <br />to anticipate such changes that can adversely affect the value of the Fund's <br />holdings. Opportunity for greater gain often comes with greater risk of loss.<br /> <br />Foreign Securities Risk: Investments in foreign securities may be riskier than<br />investments in U.S. securities. Differences between U.S. and foreign regulatory<br />regimes and securities markets, including less stringent investor protections<br />and disclosure standards of some foreign markets, less liquid trading markets,<br />as well as political and economic developments in foreign countries, may affect<br />the value of the Fund's investments in foreign securities. Foreign securities<br />may also subject the Fund's investments to changes in currency rates.</tt> Fees and Expenses of the Fund Principal Investment Strategies <tt>Since the Fund does not have a full calendar year of performance as of the date<br />of this Prospectus, no calendar year performance information is available.</tt> <tt>The table below describes the fees and expenses that you may pay if you buy and<br />hold shares of the Fund. You may qualify for sales charge discounts if you and<br />your family invest, or agree to invest in the future, at least $50,000 in the<br />MainStay Funds. This amount may vary depending on the MainStay Fund in which <br />you invest. More information about these and other discounts is available from <br />your financial professional and in the "Information on Sales Charges" section<br />starting on page 20 of the Prospectus and in the "Alternative Sales Arrangements" <br />section on page 76 of the Statement of Additional Information.</tt> <div style="display:none">~ http://www.dechert.com/role/OperatingExpensesData_S000039301Member column dei_LegalEntityAxis compact * column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> <div style="display:none">~ http://www.dechert.com/role/ExpenseExampleNoRedemption_S000039301Member column primary compact * row dei_LegalEntityAxis compact * row rr_ProspectusShareClassAxis compact * ~</div> <div style="display:none">~ http://www.dechert.com/role/ShareholderFeesData_S000039301Member column dei_LegalEntityAxis compact * column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> MDHRX 0.0000 117 436 -0.0033 1740 777 0.0058 0.0065 2014-02-28 0.0025 0.0115 0.0148 0.0000 MDHIX 0.0000 82 326 -0.0033 1345 590 0.0048 0.0065 2014-02-28 0.0000 0.0080 0.0113 0.0000 MDHCX 0.0000 288 188 650 -0.0033 2488 1139 0.0053 0.0065 2014-02-28 2488 650 1139 0.0100 0.0185 0.0218 0.0100 MDHAX 0.0300 404 692 -0.0033 1880 1002 0.0048 0.0065 2014-02-28 0.0025 0.0105 0.0138 0.0000 MDHVX 0.0300 409 707 -0.0033 1934 1028 0.0053 0.0065 2014-02-28 0.0025 0.0110 0.0143 0.0000 0001469192 ck0001469192:SummaryS000039301Memberck0001469192:S000039301Memberck0001469192:C000121097Member 2012-12-17 2012-12-17 0001469192 ck0001469192:SummaryS000039301Memberck0001469192:S000039301Memberck0001469192:C000121098Member 2012-12-17 2012-12-17 0001469192 ck0001469192:SummaryS000039301Memberck0001469192:S000039301Memberck0001469192:C000121099Member 2012-12-17 2012-12-17 0001469192 ck0001469192:SummaryS000039301Memberck0001469192:S000039301Memberck0001469192:C000121100Member 2012-12-17 2012-12-17 0001469192 ck0001469192:SummaryS000039301Memberck0001469192:S000039301Memberck0001469192:C000121101Member 2012-12-17 2012-12-17 0001469192 ck0001469192:SummaryS000039301Memberck0001469192:S000039301Member 2012-12-17 2012-12-17 0001469192 2012-12-17 2012-12-17 iso4217:USD pure A contingent deferred sales charge of 1.00% may be imposed on certain redemptions made within 18 months of the date of purchase on shares that were purchased without an initial sales charge. "Other Expenses" are based on estimated amounts for the current fiscal year. New York Life Investment Management LLC ("New York Life Investments") has contractually agreed to waive fees and/or reimburse expenses so that Total Annual Fund Operating Expenses (excluding taxes, interest, litigation, extraordinary expenses, brokerage and other transaction expenses relating to the purchase or sale of portfolio investments, and acquired (underlying) fund fees and expenses) for Class A shares do not exceed 1.05% of its average daily net assets. New York Life Investments will apply an equivalent waiver or reimbursement, in an equal number of basis points, to the other share classes. This agreement will remain in effect until February 28, 2014, and shall renew automatically for one-year terms unless New York Life Investments provides written notice of termination prior to the start of the next term or upon approval of the Board of Trustees of the Fund. 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MainStay Short Duration High Yield Fund (Prospectus Summary) | MainStay Short Duration High Yield Fund
MainStay Short Duration High Yield Fund
Investment Objective
The Fund seeks high current income.
Capital appreciation is a secondary objective.
Fees and Expenses of the Fund
The table below describes the fees and expenses that you may pay if you buy and
hold shares of the Fund. You may qualify for sales charge discounts if you and
your family invest, or agree to invest in the future, at least $50,000 in the
MainStay Funds. This amount may vary depending on the MainStay Fund in which
you invest. More information about these and other discounts is available from
your financial professional and in the "Information on Sales Charges" section
starting on page 20 of the Prospectus and in the "Alternative Sales Arrangements"
section on page 76 of the Statement of Additional Information.
Shareholder Fees (fees paid directly from your investment)
Shareholder Fees MainStay Short Duration High Yield Fund
Investor Class
Class A
Class C
Class I
Class R2
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) 3.00% 3.00% none none none
Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of the original offering price or redemption proceeds) none [1] none [1] 1.00% none none
[1] A contingent deferred sales charge of 1.00% may be imposed on certain redemptions made within 18 months of the date of purchase on shares that were purchased without an initial sales charge.
Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses MainStay Short Duration High Yield Fund
Investor Class
Class A
Class C
Class I
Class R2
Management Fees (as an annual percentage of the Fund's average daily net assets) 0.65% 0.65% 0.65% 0.65% 0.65%
Distribution and/or Service (12b-1) Fees 0.25% 0.25% 1.00% none 0.25%
Other Expenses [1] 0.53% 0.48% 0.53% 0.48% 0.58%
Total Annual Fund Operating Expenses [2] 1.43% 1.38% 2.18% 1.13% 1.48%
Waivers / Reimbursements [2] (0.33%) (0.33%) (0.33%) (0.33%) (0.33%)
Total Annual Fund Operating Expenses After Waivers / Reimbursements [2] 1.10% 1.05% 1.85% 0.80% 1.15%
[1] "Other Expenses" are based on estimated amounts for the current fiscal year.
[2] New York Life Investment Management LLC ("New York Life Investments") has contractually agreed to waive fees and/or reimburse expenses so that Total Annual Fund Operating Expenses (excluding taxes, interest, litigation, extraordinary expenses, brokerage and other transaction expenses relating to the purchase or sale of portfolio investments, and acquired (underlying) fund fees and expenses) for Class A shares do not exceed 1.05% of its average daily net assets. New York Life Investments will apply an equivalent waiver or reimbursement, in an equal number of basis points, to the other share classes. This agreement will remain in effect until February 28, 2014, and shall renew automatically for one-year terms unless New York Life Investments provides written notice of termination prior to the start of the next term or upon approval of the Board of Trustees of the Fund.
Example
The Example is intended to help you compare the cost of investing in the Fund
with the cost of investing in other mutual funds. The Example assumes that you
invest $10,000 in the Fund for the time periods indicated and then redeem all
of your shares at the end of those periods. The Example also assumes that your
investment has a 5% return each year and that the Fund's operating expenses
remain the same.
Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example MainStay Short Duration High Yield Fund (USD $)
Investor Class
Class A
Class C
Class I
Class R2
Expense Example, with Redemption, 1 Year
409 404 288 82 117
Expense Example, with Redemption, 3 Years
707 692 650 326 436
Expense Example, with Redemption, 5 Years
1,028 1,002 1,139 590 777
Expense Example, with Redemption, 10 Years
1,934 1,880 2,488 1,345 1,740
Expense Example, No Redemption (USD $)
MainStay Short Duration High Yield Fund
Class C
Expense Example, No Redemption, 1 Year
188
Expense Example, No Redemption, 3 Years
650
Expense Example, No Redemption, 5 Years
1,139
Expense Example, No Redemption, 10 Years
2,488
Portfolio Turnover
The Fund pays transaction costs, such as commissions, when it buys and sells
securities (or "turns over" its portfolio). A higher portfolio turnover may
indicate higher transaction costs and may result in higher taxes when Fund
shares are held in a taxable account. These costs, which are not reflected in
annual fund operating expenses or in the Example, affect the Fund's performance.
Because the Fund has been in operation for less than one full calendar year, the
Fund's portfolio turnover rate for the most recent fiscal year is not available.
Principal Investment Strategies
The Fund, under normal circumstances, invests at least 80% of its assets
(net assets plus any borrowings for investment purposes) in high-yield debt
securities that are rated below investment grade by an independent rating
agency, such as Standard & Poor's ("S&P"), Moody's Investor  Service, Inc.
("Moody's") or Fitch Ratings ("Fitch"), or that are unrated but are
considered to be of comparable quality by MacKay Shields LLC, the Fund's
Subadvisor. Debt securities in which the Fund may invest include all types
of debt obligations such as bonds, debentures, notes, bank debt, bank loan
participations, commercial paper, floating rate loans, U.S. Government
securities (including obligations, such as repurchase agreements, secured
by such instruments), and convertible corporate bonds. The Fund will generally
seek to maintain a weighted average duration of three years or less, although
the Fund may invest in instruments of any duration or maturity. Duration is a
measure used to determine the sensitivity of a security's price to changes in
interest rates. The longer a security's duration, the more sensitive it will be
to changes in interest rates.

Securities that are rated below investment grade by independent rating agencies
are commonly referred to as "junk bonds." These securities are sometimes
considered speculative. If independent rating agencies assign different ratings
to the same security, the Fund will use the lower rating for purposes of
determining the security's credit quality.

The Fund may invest up to 20% of its net assets in equity securities, including
preferred shares. The Fund also may invest in securities of non-U.S. issuers.
The Fund may hold cash or invest in investment grade short-term instruments
during times when the Subadvisor is unable to identify attractive high-yield
securities.

In times of unusual or adverse market, economic or political conditions, the
Fund may invest without limit in investment grade securities and may invest
in U.S. government securities or other high quality money market instruments.
Periods of unusual or adverse market, economic or political conditions may
exist in some cases, for up to a year. To the extent the Fund is invested in
cash, investment grade debt or other high quality instruments, the yield on
these investments tends to be lower than the yield on other investments normally
purchased by the Fund. Although investing heavily in these investments may help
to preserve the Fund's assets, it may not be consistent with the Fund's primary
investment objective and may limit the Fund's ability to achieve a high level of
income.

Investment Process: The Subadvisor seeks to identify investment opportunities
through analyzing individual companies and evaluates each company's competitive
position, financial condition, and business prospects. The Fund seeks to
minimize interest rate risk through its emphasis on duration management and
investments in securities with short and intermediate maturities. The Fund only
invests in companies in which the Subadvisor has judged that there is sufficient
asset coverage-that is, the Subadvisor's subjective appraisal of a company's
value divided by the value of its debt, with the intent of maximizing
default-adjusted income and returns.

The Subadvisor may sell a security if it no longer believes the security will
contribute to meeting the investment objective of the Fund. In considering
whether to sell a security, the Subadvisor may evaluate, among other things,
meaningful changes in the issuer's financial condition and competitiveness.
Principal Risks
Loss of Money Risk: Before considering an investment in the Fund, you should
understand that you could lose money.

Net Asset Value Risk: The Fund is not a money market fund, does not attempt to
maintain a stable net asset value, and is not subject to the rules that govern
the quality, maturity, liquidity and other features of securities that money
market funds may purchase. Under normal conditions, the Fund's investment may be
more susceptible than a money market fund to interest rate risk, valuation risk,
credit risk and other risks relevant to the Fund's investments. The Fund's net
asset value per share will fluctuate.

Market Changes Risk: The value of the Fund's investments may change because of
broad changes in the markets in which the Fund invests, which could cause the
Fund to underperform other funds with similar objectives. From time to time,
markets may experience periods of acute stress that may result in increased
volatility. Such market conditions tend to add significantly to the risk of
short-term volatility in the net asset value of the Fund's shares.

Liquidity and Valuation Risk: Securities purchased by the Fund that are liquid
at the time of purchase may subsequently become illiquid due to events relating
to the issuer of the securities, market events, economic conditions or investor
perceptions. The lack of an active trading market may make it difficult to
obtain an accurate price for a security. If market conditions make it difficult
to value securities, the Fund may value these securities using more subjective
methods, such as fair value pricing. In such cases, the value determined for a
security could be different than the value realized upon such security's sale.
As a result, an investor could pay more than the market value when buying Fund
shares or receive less than the market value when selling Fund shares. Liquidity
risk may also refer to the risk that the Fund may not be able to pay redemption
proceeds within the allowable time period because of unusual market conditions,
unusually high volume of redemptions, or other reasons. To meet redemption
requests, the Fund may be forced to sell securities at an unfavorable time
and/or under unfavorable conditions.

Management Risk: The investment strategies, practices and risk analysis used by
the Subadvisor may not produce the desired results.

Yield Risk: There can be no guarantee that the Fund will achieve or maintain any
particular level of yield.

Debt Securities Risk: The risks of investing in debt securities include (without
limitation): (i) credit risk, i.e., the issuer may not repay the loan created by
the issuance of that debt security; (ii) maturity risk, i.e., a debt security
with a longer maturity may fluctuate in value more than one with a shorter
maturity; (iii) market risk, i.e., low demand for debt securities may negatively
impact their price; (iv) interest rate risk, i.e., when interest rates go up,
the value of a debt security goes down, and when interest rates go down, the
value of a debt security goes up; (v) selection risk, i.e., the securities
selected by the Subadvisor may underperform the market or other securities
selected by other funds; and (vi) call risk, i.e., during a  period of falling
interest rates, the issuer may redeem a security by repaying it early, which
may reduce the Fund's income, if the proceeds are reinvested at lower interest
rates.

Additional risks associated with an investment in the Fund include the
following: (i) not all U.S. government securities are insured or guaranteed
by the U.S. government-some are backed only by the issuing agency, which must
rely on its own resources to repay the debt; and (ii) the Fund's yield will
fluctuate with changes in short-term interest rates.

High-Yield Securities Risk: Investments in high-yield securities (commonly
referred to as "junk bonds") are sometimes considered speculative because they
present a greater risk of loss than higher quality securities. Such securities
may, under certain circumstances, be less liquid than higher rated securities.
These securities pay investors a premium (a high interest rate or yield) because
of the increased risk of loss. These securities can also be subject to greater
price volatility. In times of unusual or adverse market, economic or political
conditions, these securities may experience higher than normal default rates.

Loan Participation Interest Risk: There may not be a readily available market
for loan participation interests, which in some cases could result in the Fund
disposing of such security at a substantial discount from face value or holding
such security until maturity. In addition, there is also the credit risk of the
underlying corporate borrower as well as the lending institution or other
participant from whom the Fund purchased the loan participation interests.

Floating Rate Loans Risk: The floating rate loans in which the Fund invests are
usually rated below investment grade (commonly referred to as "junk bonds") and
are generally considered speculative because they present a greater risk of
loss, including default, than higher quality debt securities. Moreover, such
securities may, under certain circumstances, be less liquid than higher quality
debt securities. Although certain floating rate loans are collateralized, there
is no guarantee that the value of the collateral will be sufficient to repay the
loan. In times of unusual or adverse market, economic or political conditions,
floating rate loans may experience higher than normal default rates. In the
event of a recession or serious credit event, among other eventualities, the
Fund's investments in floating rate loans are more likely to decline.

Distressed Securities Risk:Investments in distressed securities are subject
to substantial risks in addition to the risks of investing in other types of
high-yield securities. Distressed securities are speculative and involve
substantial risk that principal will not be repaid. Generally, the Fund will
not receive interest payments on such securities and may incur costs to protect
its investment. In addition, the Fund's ability to sell distressed securities
and any securities received in exchange for such securities may be restricted.

Convertible Securities Risk: Convertible securities may be subordinate to other
securities. In part, the total return for a convertible security depends upon
performance of the underlying stock into which it can be converted. Also,
issuers of convertible securities are often not as strong financially as those
issuing securities with higher credit ratings, are more likely to encounter
financial difficulties and typically are more vulnerable to changes in the
economy, such as a recession or a sustained period of rising interest rates,
which could affect their ability to make interest and principal payments. If
an issuer stops making interest and/or principal payments, the Fund could
lose its entire investment.

Equity Securities Risk: Investments in common stocks and other equity securities
are particularly subject to the risk of changing economic, stock market, industry
and company conditions and the risks inherent in the portfolio manager's ability
to anticipate such changes that can adversely affect the value of the Fund's
holdings. Opportunity for greater gain often comes with greater risk of loss.

Foreign Securities Risk: Investments in foreign securities may be riskier than
investments in U.S. securities. Differences between U.S. and foreign regulatory
regimes and securities markets, including less stringent investor protections
and disclosure standards of some foreign markets, less liquid trading markets,
as well as political and economic developments in foreign countries, may affect
the value of the Fund's investments in foreign securities. Foreign securities
may also subject the Fund's investments to changes in currency rates.
Past Performance
Since the Fund does not have a full calendar year of performance as of the date
of this Prospectus, no calendar year performance information is available.

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XML 13 R7.htm IDEA: XBRL DOCUMENT v2.4.0.6
Label Element Value
Risk Return [Abstract] rr_RiskReturnAbstract  
ProspectusDate rr_ProspectusDate Dec. 17, 2012
MainStay Short Duration High Yield Fund (Prospectus Summary) | MainStay Short Duration High Yield Fund
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading MainStay Short Duration High Yield Fund
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The Fund seeks high current income.
Objective, Secondary [Text Block] rr_ObjectiveSecondaryTextBlock Capital appreciation is a secondary objective.
Expense [Heading] rr_ExpenseHeading Fees and Expenses of the Fund
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock The table below describes the fees and expenses that you may pay if you buy and
hold shares of the Fund. You may qualify for sales charge discounts if you and
your family invest, or agree to invest in the future, at least $50,000 in the
MainStay Funds. This amount may vary depending on the MainStay Fund in which
you invest. More information about these and other discounts is available from
your financial professional and in the "Information on Sales Charges" section
starting on page 20 of the Prospectus and in the "Alternative Sales Arrangements"
section on page 76 of the Statement of Additional Information.
Shareholder Fees Caption [Text] rr_ShareholderFeesCaption Shareholder Fees (fees paid directly from your investment)
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund pays transaction costs, such as commissions, when it buys and sells
securities (or "turns over" its portfolio). A higher portfolio turnover may
indicate higher transaction costs and may result in higher taxes when Fund
shares are held in a taxable account. These costs, which are not reflected in
annual fund operating expenses or in the Example, affect the Fund's performance.
Because the Fund has been in operation for less than one full calendar year, the
Fund's portfolio turnover rate for the most recent fiscal year is not available.
Expense Breakpoint Discounts [Text] rr_ExpenseBreakpointDiscounts You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the MainStay Funds.
Expense Breakpoint, Minimum Investment Required [Amount] rr_ExpenseBreakpointMinimumInvestmentRequiredAmount 50,000
Other Expenses, New Fund, Based on Estimates [Text] rr_OtherExpensesNewFundBasedOnEstimates "Other Expenses" are based on estimated amounts for the current fiscal year.
Expense Example [Heading] rr_ExpenseExampleHeading Example
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock The Example is intended to help you compare the cost of investing in the Fund
with the cost of investing in other mutual funds. The Example assumes that you
invest $10,000 in the Fund for the time periods indicated and then redeem all
of your shares at the end of those periods. The Example also assumes that your
investment has a 5% return each year and that the Fund's operating expenses
remain the same.
Expense Example by, Year, Caption [Text] rr_ExpenseExampleByYearCaption Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund, under normal circumstances, invests at least 80% of its assets
(net assets plus any borrowings for investment purposes) in high-yield debt
securities that are rated below investment grade by an independent rating
agency, such as Standard & Poor's ("S&P"), Moody's Investor  Service, Inc.
("Moody's") or Fitch Ratings ("Fitch"), or that are unrated but are
considered to be of comparable quality by MacKay Shields LLC, the Fund's
Subadvisor. Debt securities in which the Fund may invest include all types
of debt obligations such as bonds, debentures, notes, bank debt, bank loan
participations, commercial paper, floating rate loans, U.S. Government
securities (including obligations, such as repurchase agreements, secured
by such instruments), and convertible corporate bonds. The Fund will generally
seek to maintain a weighted average duration of three years or less, although
the Fund may invest in instruments of any duration or maturity. Duration is a
measure used to determine the sensitivity of a security's price to changes in
interest rates. The longer a security's duration, the more sensitive it will be
to changes in interest rates.

Securities that are rated below investment grade by independent rating agencies
are commonly referred to as "junk bonds." These securities are sometimes
considered speculative. If independent rating agencies assign different ratings
to the same security, the Fund will use the lower rating for purposes of
determining the security's credit quality.

The Fund may invest up to 20% of its net assets in equity securities, including
preferred shares. The Fund also may invest in securities of non-U.S. issuers.
The Fund may hold cash or invest in investment grade short-term instruments
during times when the Subadvisor is unable to identify attractive high-yield
securities.

In times of unusual or adverse market, economic or political conditions, the
Fund may invest without limit in investment grade securities and may invest
in U.S. government securities or other high quality money market instruments.
Periods of unusual or adverse market, economic or political conditions may
exist in some cases, for up to a year. To the extent the Fund is invested in
cash, investment grade debt or other high quality instruments, the yield on
these investments tends to be lower than the yield on other investments normally
purchased by the Fund. Although investing heavily in these investments may help
to preserve the Fund's assets, it may not be consistent with the Fund's primary
investment objective and may limit the Fund's ability to achieve a high level of
income.

Investment Process: The Subadvisor seeks to identify investment opportunities
through analyzing individual companies and evaluates each company's competitive
position, financial condition, and business prospects. The Fund seeks to
minimize interest rate risk through its emphasis on duration management and
investments in securities with short and intermediate maturities. The Fund only
invests in companies in which the Subadvisor has judged that there is sufficient
asset coverage-that is, the Subadvisor's subjective appraisal of a company's
value divided by the value of its debt, with the intent of maximizing
default-adjusted income and returns.

The Subadvisor may sell a security if it no longer believes the security will
contribute to meeting the investment objective of the Fund. In considering
whether to sell a security, the Subadvisor may evaluate, among other things,
meaningful changes in the issuer's financial condition and competitiveness.
Risk [Heading] rr_RiskHeading Principal Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock Loss of Money Risk: Before considering an investment in the Fund, you should
understand that you could lose money.

Net Asset Value Risk: The Fund is not a money market fund, does not attempt to
maintain a stable net asset value, and is not subject to the rules that govern
the quality, maturity, liquidity and other features of securities that money
market funds may purchase. Under normal conditions, the Fund's investment may be
more susceptible than a money market fund to interest rate risk, valuation risk,
credit risk and other risks relevant to the Fund's investments. The Fund's net
asset value per share will fluctuate.

Market Changes Risk: The value of the Fund's investments may change because of
broad changes in the markets in which the Fund invests, which could cause the
Fund to underperform other funds with similar objectives. From time to time,
markets may experience periods of acute stress that may result in increased
volatility. Such market conditions tend to add significantly to the risk of
short-term volatility in the net asset value of the Fund's shares.

Liquidity and Valuation Risk: Securities purchased by the Fund that are liquid
at the time of purchase may subsequently become illiquid due to events relating
to the issuer of the securities, market events, economic conditions or investor
perceptions. The lack of an active trading market may make it difficult to
obtain an accurate price for a security. If market conditions make it difficult
to value securities, the Fund may value these securities using more subjective
methods, such as fair value pricing. In such cases, the value determined for a
security could be different than the value realized upon such security's sale.
As a result, an investor could pay more than the market value when buying Fund
shares or receive less than the market value when selling Fund shares. Liquidity
risk may also refer to the risk that the Fund may not be able to pay redemption
proceeds within the allowable time period because of unusual market conditions,
unusually high volume of redemptions, or other reasons. To meet redemption
requests, the Fund may be forced to sell securities at an unfavorable time
and/or under unfavorable conditions.

Management Risk: The investment strategies, practices and risk analysis used by
the Subadvisor may not produce the desired results.

Yield Risk: There can be no guarantee that the Fund will achieve or maintain any
particular level of yield.

Debt Securities Risk: The risks of investing in debt securities include (without
limitation): (i) credit risk, i.e., the issuer may not repay the loan created by
the issuance of that debt security; (ii) maturity risk, i.e., a debt security
with a longer maturity may fluctuate in value more than one with a shorter
maturity; (iii) market risk, i.e., low demand for debt securities may negatively
impact their price; (iv) interest rate risk, i.e., when interest rates go up,
the value of a debt security goes down, and when interest rates go down, the
value of a debt security goes up; (v) selection risk, i.e., the securities
selected by the Subadvisor may underperform the market or other securities
selected by other funds; and (vi) call risk, i.e., during a  period of falling
interest rates, the issuer may redeem a security by repaying it early, which
may reduce the Fund's income, if the proceeds are reinvested at lower interest
rates.

Additional risks associated with an investment in the Fund include the
following: (i) not all U.S. government securities are insured or guaranteed
by the U.S. government-some are backed only by the issuing agency, which must
rely on its own resources to repay the debt; and (ii) the Fund's yield will
fluctuate with changes in short-term interest rates.

High-Yield Securities Risk: Investments in high-yield securities (commonly
referred to as "junk bonds") are sometimes considered speculative because they
present a greater risk of loss than higher quality securities. Such securities
may, under certain circumstances, be less liquid than higher rated securities.
These securities pay investors a premium (a high interest rate or yield) because
of the increased risk of loss. These securities can also be subject to greater
price volatility. In times of unusual or adverse market, economic or political
conditions, these securities may experience higher than normal default rates.

Loan Participation Interest Risk: There may not be a readily available market
for loan participation interests, which in some cases could result in the Fund
disposing of such security at a substantial discount from face value or holding
such security until maturity. In addition, there is also the credit risk of the
underlying corporate borrower as well as the lending institution or other
participant from whom the Fund purchased the loan participation interests.

Floating Rate Loans Risk: The floating rate loans in which the Fund invests are
usually rated below investment grade (commonly referred to as "junk bonds") and
are generally considered speculative because they present a greater risk of
loss, including default, than higher quality debt securities. Moreover, such
securities may, under certain circumstances, be less liquid than higher quality
debt securities. Although certain floating rate loans are collateralized, there
is no guarantee that the value of the collateral will be sufficient to repay the
loan. In times of unusual or adverse market, economic or political conditions,
floating rate loans may experience higher than normal default rates. In the
event of a recession or serious credit event, among other eventualities, the
Fund's investments in floating rate loans are more likely to decline.

Distressed Securities Risk:Investments in distressed securities are subject
to substantial risks in addition to the risks of investing in other types of
high-yield securities. Distressed securities are speculative and involve
substantial risk that principal will not be repaid. Generally, the Fund will
not receive interest payments on such securities and may incur costs to protect
its investment. In addition, the Fund's ability to sell distressed securities
and any securities received in exchange for such securities may be restricted.

Convertible Securities Risk: Convertible securities may be subordinate to other
securities. In part, the total return for a convertible security depends upon
performance of the underlying stock into which it can be converted. Also,
issuers of convertible securities are often not as strong financially as those
issuing securities with higher credit ratings, are more likely to encounter
financial difficulties and typically are more vulnerable to changes in the
economy, such as a recession or a sustained period of rising interest rates,
which could affect their ability to make interest and principal payments. If
an issuer stops making interest and/or principal payments, the Fund could
lose its entire investment.

Equity Securities Risk: Investments in common stocks and other equity securities
are particularly subject to the risk of changing economic, stock market, industry
and company conditions and the risks inherent in the portfolio manager's ability
to anticipate such changes that can adversely affect the value of the Fund's
holdings. Opportunity for greater gain often comes with greater risk of loss.

Foreign Securities Risk: Investments in foreign securities may be riskier than
investments in U.S. securities. Differences between U.S. and foreign regulatory
regimes and securities markets, including less stringent investor protections
and disclosure standards of some foreign markets, less liquid trading markets,
as well as political and economic developments in foreign countries, may affect
the value of the Fund's investments in foreign securities. Foreign securities
may also subject the Fund's investments to changes in currency rates.
Risk Lose Money [Text] rr_RiskLoseMoney Before considering an investment in the Fund, you should understand that you could lose money.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Past Performance
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock Since the Fund does not have a full calendar year of performance as of the date
of this Prospectus, no calendar year performance information is available.
Performance One Year or Less [Text] rr_PerformanceOneYearOrLess Since the Fund does not have a full calendar year of performance as of the date of this Prospectus, no calendar year performance information is available.
MainStay Short Duration High Yield Fund (Prospectus Summary) | MainStay Short Duration High Yield Fund | Investor Class
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 3.00%
Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of the original offering price or redemption proceeds) rr_MaximumDeferredSalesChargeOverOfferingPrice none [1]
Management Fees (as an annual percentage of the Fund's average daily net assets) rr_ManagementFeesOverAssets 0.65%
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Other Expenses rr_OtherExpensesOverAssets 0.53% [2]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.43% [3]
Waivers / Reimbursements rr_FeeWaiverOrReimbursementOverAssets (0.33%) [3]
Total Annual Fund Operating Expenses After Waivers / Reimbursements rr_NetExpensesOverAssets 1.10% [3]
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination 2014-02-28
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 409
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 707
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 1,028
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,934
MainStay Short Duration High Yield Fund (Prospectus Summary) | MainStay Short Duration High Yield Fund | Class A
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 3.00%
Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of the original offering price or redemption proceeds) rr_MaximumDeferredSalesChargeOverOfferingPrice none [1]
Management Fees (as an annual percentage of the Fund's average daily net assets) rr_ManagementFeesOverAssets 0.65%
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Other Expenses rr_OtherExpensesOverAssets 0.48% [2]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.38% [3]
Waivers / Reimbursements rr_FeeWaiverOrReimbursementOverAssets (0.33%) [3]
Total Annual Fund Operating Expenses After Waivers / Reimbursements rr_NetExpensesOverAssets 1.05% [3]
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination 2014-02-28
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 404
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 692
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 1,002
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,880
MainStay Short Duration High Yield Fund (Prospectus Summary) | MainStay Short Duration High Yield Fund | Class C
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of the original offering price or redemption proceeds) rr_MaximumDeferredSalesChargeOverOfferingPrice 1.00%
Management Fees (as an annual percentage of the Fund's average daily net assets) rr_ManagementFeesOverAssets 0.65%
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 1.00%
Other Expenses rr_OtherExpensesOverAssets 0.53% [2]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 2.18% [3]
Waivers / Reimbursements rr_FeeWaiverOrReimbursementOverAssets (0.33%) [3]
Total Annual Fund Operating Expenses After Waivers / Reimbursements rr_NetExpensesOverAssets 1.85% [3]
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination 2014-02-28
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 288
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 650
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 1,139
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 2,488
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 188
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 650
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 1,139
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 2,488
MainStay Short Duration High Yield Fund (Prospectus Summary) | MainStay Short Duration High Yield Fund | Class I
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of the original offering price or redemption proceeds) rr_MaximumDeferredSalesChargeOverOfferingPrice none
Management Fees (as an annual percentage of the Fund's average daily net assets) rr_ManagementFeesOverAssets 0.65%
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets 0.48% [2]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.13% [3]
Waivers / Reimbursements rr_FeeWaiverOrReimbursementOverAssets (0.33%) [3]
Total Annual Fund Operating Expenses After Waivers / Reimbursements rr_NetExpensesOverAssets 0.80% [3]
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination 2014-02-28
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 82
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 326
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 590
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,345
MainStay Short Duration High Yield Fund (Prospectus Summary) | MainStay Short Duration High Yield Fund | Class R2
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of the original offering price or redemption proceeds) rr_MaximumDeferredSalesChargeOverOfferingPrice none
Management Fees (as an annual percentage of the Fund's average daily net assets) rr_ManagementFeesOverAssets 0.65%
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Other Expenses rr_OtherExpensesOverAssets 0.58% [2]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.48% [3]
Waivers / Reimbursements rr_FeeWaiverOrReimbursementOverAssets (0.33%) [3]
Total Annual Fund Operating Expenses After Waivers / Reimbursements rr_NetExpensesOverAssets 1.15% [3]
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination 2014-02-28
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 117
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 436
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 777
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,740
[1] A contingent deferred sales charge of 1.00% may be imposed on certain redemptions made within 18 months of the date of purchase on shares that were purchased without an initial sales charge.
[2] "Other Expenses" are based on estimated amounts for the current fiscal year.
[3] New York Life Investment Management LLC ("New York Life Investments") has contractually agreed to waive fees and/or reimburse expenses so that Total Annual Fund Operating Expenses (excluding taxes, interest, litigation, extraordinary expenses, brokerage and other transaction expenses relating to the purchase or sale of portfolio investments, and acquired (underlying) fund fees and expenses) for Class A shares do not exceed 1.05% of its average daily net assets. New York Life Investments will apply an equivalent waiver or reimbursement, in an equal number of basis points, to the other share classes. This agreement will remain in effect until February 28, 2014, and shall renew automatically for one-year terms unless New York Life Investments provides written notice of termination prior to the start of the next term or upon approval of the Board of Trustees of the Fund.
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Label Element Value
Risk Return [Abstract] rr_RiskReturnAbstract  
Document Type dei_DocumentType 485BPOS
Document Period End Date dei_DocumentPeriodEndDate Dec. 14, 2012
Registrant Name dei_EntityRegistrantName MAINSTAY FUNDS TRUST
Central Index Key dei_EntityCentralIndexKey 0001469192
Amendment Flag dei_AmendmentFlag false
Document Creation Date dei_DocumentCreationDate Dec. 14, 2012
Document Effective Date dei_DocumentEffectiveDate Dec. 17, 2012
MainStay Short Duration High Yield Fund (Prospectus Summary) | MainStay Short Duration High Yield Fund | Investor Class
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Trading Symbol dei_TradingSymbol MDHVX
MainStay Short Duration High Yield Fund (Prospectus Summary) | MainStay Short Duration High Yield Fund | Class A
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Trading Symbol dei_TradingSymbol MDHAX
MainStay Short Duration High Yield Fund (Prospectus Summary) | MainStay Short Duration High Yield Fund | Class C
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Trading Symbol dei_TradingSymbol MDHCX
MainStay Short Duration High Yield Fund (Prospectus Summary) | MainStay Short Duration High Yield Fund | Class I
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Trading Symbol dei_TradingSymbol MDHIX
MainStay Short Duration High Yield Fund (Prospectus Summary) | MainStay Short Duration High Yield Fund | Class R2
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Trading Symbol dei_TradingSymbol MDHRX
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