NYLI MacKay Arizona Muni Class C (AZTCX)
| Fund Assets | 137.20M |
| Expense Ratio | 1.59% |
| Min. Investment | $1,000 |
| Turnover | 39.00% |
| Dividend (ttm) | 0.28 |
| Dividend Yield | 2.90% |
| Dividend Growth | 47.84% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 9.60 |
| YTD Return | -0.16% |
| 1-Year Return | -0.41% |
| 5-Year Return | -4.65% |
| 52-Week Low | 9.35 |
| 52-Week High | 9.88 |
| Beta (5Y) | n/a |
| Holdings | 106 |
| 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 -0.41% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.67%.
Top 10 Holdings
24.46% of assets| Name | Symbol | Weight |
|---|---|---|
| CHANDLER ARIZ INDL DEV AUTH INDL DEV REV 5% | AZ.CHADEV 09.01.2052 | 4.27% |
| PHOENIX ARIZ CIVIC IMPT CORP ARPT REV 5% | AZ.PHOAPT 5 07.01.2026 | 2.82% |
| Arizona Indl Dev Auth Rev Multi Family Tax Exempt Mtg Backed Bds 2020 01/Ju | n/a | 2.57% |
| SALT VERDE FINL CORP GAS REV ARIZ 5.25% | AZ.SLTPWR 5.25 12.01.2028 | 2.29% |
| MARICOPA CNTY ARIZ SPL HEALTH CARE DIST 5% | AZ.MARMED 5 07.01.2032 | 2.27% |
| PHOENIX ARIZ INDL DEV AUTH ED REV 5% | AZ.PHOEDU 5 07.01.2044 | 2.26% |
| MARICOPA CNTY ARIZ POLLUTION CTL CORP POLLUTION CTL REV 3.6% | AZ.MARPOL 3.6 02.01.2040 | 2.17% |
| MARICOPA CNTY ARIZ UN HIGH SCH DIST NO 210 PHOENIX 5% | AZ.MARSCD 5 07.01.2032 | 2.05% |
| MARICOPA CNTY ARIZ INDL DEV AUTH HOSP REV 5% | AZ.MARMED 5 12.01.2045 | 1.92% |
| MARICOPA CNTY ARIZ POLLUTION CTL CORP POLLUTION CTL REV 2.4% | AZ.MARPOL 2.4 06.01.2035 | 1.86% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 29, 2025 | $0.02442 | Aug 29, 2025 |
| Jul 31, 2025 | $0.02445 | Jul 31, 2025 |
| Jun 30, 2025 | $0.02343 | Jun 30, 2025 |
| May 30, 2025 | $0.0239 | May 30, 2025 |
| Apr 30, 2025 | $0.02284 | Apr 30, 2025 |
| Mar 31, 2025 | $0.02321 | Mar 31, 2025 |