NYLI MacKay Tax Free Bond Class B (MKTBX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
9.44
-0.01 (-0.11%)
Oct 18, 2024, 4:00 PM EDT
7.52% (1Y)
| Fund Assets | 9.68B |
| Expense Ratio | 1.38% |
| Min. Investment | $1,000 |
| Turnover | 75.00% |
| Dividend (ttm) | 0.31 |
| Dividend Yield | 3.29% |
| Dividend Growth | 4.45% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 30, 2024 |
| Previous Close | 9.45 |
| YTD Return | 1.45% |
| 1-Year Return | 10.47% |
| 5-Year Return | 4.33% |
| 52-Week Low | 8.77 |
| 52-Week High | 9.54 |
| Beta (5Y) | n/a |
| Holdings | 1124 |
| Inception Date | May 1, 1986 |
About MKTBX
The fund, under normal circumstances, invests at least 80% of its assets (net assets plus borrowings for investment purposes) in municipal bonds that are rated investment grade. On average, it will invest in municipal bonds that have a maturity range of 10 to 30 years. The fund may not invest more than 20% of its net assets in tax-exempt securities subject to the federal alternative minimum tax.
Fund Family New York Life Investment Management LLC
Category Muni National Long
Performance Rating Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol MKTBX
Index Bloomberg Municipal Bond TR
Performance
MKTBX had a total return of 10.47% in the past year. Since the fund's inception, the average annual return has been 2.68%, including dividends.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FHUGX | Fidelity | Fidelity Advisor Municipal Income Fund - Class A | 0.77% |
| FSAJX | Fidelity | Fidelity SAI Tax-Free Bond Fund | 0.25% |
| VWAHX | Vanguard | Vanguard High-Yield Tax-Exempt Fund | 0.17% |
| FUENX | Fidelity | Fidelity Flex Municipal Income Fund | n/a |
| FMBIX | Fidelity | Fidelity Municipal Bond Index Fund | 0.07% |
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| MTBDX | Class R6 | 1.74% |
| MTSPX | Class C2 | 0.86% |
| MTBIX | Class I | 0.86% |
| MKINX | Investor Class | 1.18% |
Top 10 Holdings
5.93% of assets| Name | Symbol | Weight |
|---|---|---|
| BlackRock Liquidity MuniCash Instl | MCSXX | 1.40% |
| LAMAR TEX CONS INDPT SCH DIST 5.5% | TX LAMSCD 5.5 02.15.2058 | 0.78% |
| SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 5% | CA SFOAPT 5 05.01.2050 | 0.57% |
| OKLAHOMA TRANSN AUTH OK F/K/A OKLAHOMA ST TPK AUTH 5.5% | OK OKSTRN 5.5 01.01.2053 | 0.53% |
| SAN ANTONIO TEX WTR REV 5.25% | TX SANWTR 5.25 05.15.2052 | 0.47% |
| BURKE CNTY GA DEV AUTH POLLUTN CTL REV 0% | GA BURPOL 11.01.2052 | 0.45% |
| CHICAGO ILL 6% | IL CHI 6 01.01.2038 | 0.44% |
| TRIBOROUGH BRDG & TUNL AUTH N Y PAYROLL MOBILITY TAX 5% | NY TRBTRN 5 03.15.2027 | 0.43% |
| LOS ANGELES CALIF UNI SCH DIST 5.25% | CA LOSSCD 5.25 07.01.2042 | 0.43% |
| SAN ANTONIO TEX ELEC & GAS REV 5.5% | TX SANUTL 5.5 02.01.2050 | 0.42% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 30, 2024 | $0.0251 | Sep 30, 2024 |
| Aug 30, 2024 | $0.02591 | Aug 30, 2024 |
| Jul 31, 2024 | $0.02607 | Jul 31, 2024 |
| Jun 30, 2024 | $0.02544 | Jun 30, 2024 |
| May 31, 2024 | $0.02639 | May 31, 2024 |
| Apr 30, 2024 | $0.0258 | Apr 30, 2024 |