MainStay MacKay Tax Free Bond Fund Class R6 (MTBDX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
9.28
0.00 (0.00%)
May 24, 2024, 4:00 PM EDT
0.11% (1Y)
| Fund Assets | 9.06B |
| Expense Ratio | 1.74% |
| Min. Investment | $1,000,000 |
| Turnover | 75.00% |
| Dividend (ttm) | 0.36 |
| Dividend Yield | 3.88% |
| Dividend Growth | 8.37% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Apr 30, 2024 |
| Previous Close | 9.28 |
| YTD Return | -1.27% |
| 1-Year Return | 3.69% |
| 5-Year Return | n/a |
| 52-Week Low | 8.77 |
| 52-Week High | 9.52 |
| Beta (5Y) | n/a |
| Holdings | 1094 |
| Inception Date | Nov 1, 2019 |
About MTBDX
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 Above Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol MTBDX
Index Bloomberg Municipal Bond TR
Performance
MTBDX had a total return of 3.69% in the past year. Since the fund's inception, the average annual return has been -2.34%, including dividends.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| MKTBX | Class B | 1.38% |
| MTSPX | Class C2 | 0.86% |
| MTBIX | Class I | 0.86% |
| MKINX | Investor Class | 1.18% |
Top 10 Holdings
6.05% of assets| Name | Symbol | Weight |
|---|---|---|
| PHILADELPHIA PA SCH DIST 5% | PA PHISCD 5 06.28.2024 | 0.92% |
| LAMAR TEX CONS INDPT SCH DIST 5.5% | TX LAMSCD 5.5 02.15.2058 | 0.81% |
| BlackRock Liquidity MuniCash Instl | MCSXX | 0.63% |
| SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 5% | CA SFOAPT 5 05.01.2050 | 0.60% |
| OHIO ST UNIV GEN RCPTS 0% | OH OHSHGR 06.01.2043 | 0.56% |
| OKLAHOMA TRANSN AUTH OK F/K/A OKLAHOMA ST TPK AUTH 5.5% | OK OKSTRN 5.5 01.01.2053 | 0.55% |
| Cash | n/a | 0.53% |
| LOS ANGELES CALIF UNI SCH DIST 5.25% | CA LOSSCD 5.25 07.01.2042 | 0.49% |
| SAN ANTONIO TEX WTR REV 5.25% | TX SANWTR 5.25 05.15.2052 | 0.49% |
| BURKE CNTY GA DEV AUTH POLLUTN CTL REV 0% | GA BURPOL 11.01.2052 | 0.47% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Apr 30, 2024 | $0.03035 | Apr 30, 2024 |
| Mar 31, 2024 | $0.03093 | Mar 31, 2024 |
| Feb 29, 2024 | $0.02888 | Feb 29, 2024 |
| Jan 31, 2024 | $0.03013 | Jan 31, 2024 |
| Dec 31, 2023 | $0.03075 | Dec 31, 2023 |
| Nov 30, 2023 | $0.02941 | Nov 30, 2023 |