NYLI MacKay Arizona Muni Class A (AZTAX)
| Fund Assets | 134.09M |
| Expense Ratio | n/a |
| Min. Investment | $2,500 |
| Turnover | 65.00% |
| Dividend (ttm) | 0.31 |
| Dividend Yield | 3.05% |
| Dividend Growth | n/a |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 9.96 |
| YTD Return | -1.42% |
| 1-Year Return | 2.68% |
| 5-Year Return | n/a |
| 52-Week Low | 9.40 |
| 52-Week High | 10.27 |
| Beta (5Y) | n/a |
| Holdings | 103 |
| Inception Date | n/a |
About AZTAX
The New York Life MacKay Arizona Municipal Bond Fund is a mutual fund designed to generate current income by investing primarily in municipal bonds that are exempt from both federal and Arizona state income taxes. Under normal circumstances, the fund dedicates at least 80% of its assets to these tax-exempt securities, with a focus on bonds issued by Arizona municipalities. Guided by a seasoned management team, the fund employs a relative value investment strategy that integrates thorough credit analysis, active yield curve positioning, and sector rotation to identify attractive opportunities while maintaining a vigilant approach to risk management. Notably, the fund does not use leverage or speculative interest rate positions. With a portfolio spread across numerous holdings, it aims to offer consistent monthly distributions to shareholders. This fund plays a significant role for investors seeking tax-advantaged income within the municipal bond sector and provides exposure to the Arizona municipal market, supporting public projects and infrastructure within the state.
Performance
AZTAX had a total return of 2.68% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.62%.
Top 10 Holdings
22.65% of assets| Name | Symbol | Weight |
|---|---|---|
| Chandler Industrial Development Authority, Series 2 | AZ.CHADEV 09.01.2052 | 2.95% |
| Arizona Industrial Development Authority | AZ.AZSDEV 2.12 07.01.2037 | 2.75% |
| Industrial Development Authority of the City of Phoenix Arizona (The), Series A | AZ.PHOEDU 5 07.01.2044 | 2.35% |
| Maricopa County Pollution Control Corp., Series A | AZ.MARPOL 3.6 02.01.2040 | 2.33% |
| Maricopa County Special Health Care District, Series C | AZ.MARMED 5 07.01.2032 | 2.30% |
| Salt Verde Financial Corp., Series 1 | n/a | 2.28% |
| Maricopa County Union High School District No. 210-Phoenix, Series B | AZ.MARSCD 5 07.01.2032 | 2.08% |
| City of Peoria | n/a | 1.98% |
| Industrial Development Authority of the City of Phoenix Arizona (The) | AZ.PHOMFH 02.01.2059 | 1.82% |
| Arizona Industrial Development Authority, Series B | AZ.AZSNUR 5.12 01.01.2059 | 1.81% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.02704 | Jan 30, 2026 |
| Dec 31, 2025 | $0.0274 | Dec 31, 2025 |
| Nov 28, 2025 | $0.02639 | Nov 28, 2025 |
| Oct 31, 2025 | $0.0272 | Oct 31, 2025 |
| Sep 30, 2025 | $0.02608 | Sep 30, 2025 |
| Aug 29, 2025 | $0.02675 | Aug 29, 2025 |