NYLI MacKay Arizona Muni Class C (AZTCX)
| Fund Assets | 136.46M |
| Expense Ratio | 1.59% |
| Min. Investment | $1,000 |
| Turnover | 39.00% |
| Dividend (ttm) | 0.26 |
| Dividend Yield | 2.65% |
| Dividend Growth | 33.05% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Nov 28, 2025 |
| Previous Close | 9.82 |
| YTD Return | 0.10% |
| 1-Year Return | 3.79% |
| 5-Year Return | -0.99% |
| 52-Week Low | 9.17 |
| 52-Week High | 9.87 |
| Beta (5Y) | n/a |
| Holdings | 103 |
| Inception Date | Apr 1, 1996 |
About AZTCX
NYLI MacKay Arizona Muni Fund Class C is an open-end municipal bond fund focused on generating tax-exempt income for Arizona residents. The fund seeks current income by investing at least 80% of assets in municipal bonds whose interest is exempt from federal and Arizona state income taxes, emphasizing a relative value approach across credit tiers, yield curve positioning, and sector rotation. The portfolio is actively managed by a tenured municipal team and avoids leverage and significant interest-rate bets, highlighting a risk-managed discipline. Classified in the Muni Single State Intermediate category, it targets intermediate duration exposure, aligning with investors looking for state-specific tax efficiency and diversified municipal credit across Arizona issuers. The strategy’s heritage reflects the 2024 reorganization of the Aquila Tax-Free Trust of Arizona into the current fund, with historical performance continuity acknowledged by the sponsor. The fund distributes income monthly and maintains a broad holdings base typical of diversified state muni portfolios.
Performance
AZTCX had a total return of 3.79% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.51%.
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 |
|---|---|---|
| Nov 28, 2025 | $0.02398 | Nov 28, 2025 |
| Oct 31, 2025 | $0.02471 | Oct 31, 2025 |
| Sep 30, 2025 | $0.02377 | Sep 30, 2025 |
| Aug 29, 2025 | $0.02442 | Aug 29, 2025 |
| Jul 31, 2025 | $0.02445 | Jul 31, 2025 |
| Jun 30, 2025 | $0.02343 | Jun 30, 2025 |