NYLI MacKay Tax Free Bond Class R6 (MTBDX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
9.35
+0.02 (0.21%)
Oct 30, 2024, 9:30 AM EDT
6.37%
Fund Assets 9.68B
Expense Ratio 1.74%
Min. Investment $1,000
Turnover 75.00%
Dividend (ttm) 0.36
Dividend Yield 3.88%
Dividend Growth 3.89%
Payout Frequency Monthly
Ex-Dividend Date Sep 30, 2024
Previous Close 9.33
YTD Return 1.21%
1-Year Return 10.31%
5-Year Return n/a
52-Week Low 8.77
52-Week High 9.55
Beta (5Y) n/a
Holdings 1124
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 10.31% in the past year. Since the fund's inception, the average annual return has been 1.13%, 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

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%
View More Holdings

Dividend History

Ex-Dividend Amount Pay Date
Sep 30, 2024 $0.02964 Sep 30, 2024
Aug 30, 2024 $0.03065 Aug 30, 2024
Jul 31, 2024 $0.0308 Jul 31, 2024
Jun 30, 2024 $0.030 Jun 30, 2024
May 31, 2024 $0.03109 May 31, 2024
Apr 30, 2024 $0.03035 Apr 30, 2024
Full Dividend History