NYLI MacKay Arizona Muni Class I (AZTYX)
| Fund Assets | 137.20M |
| Expense Ratio | 0.59% |
| Min. Investment | $15,000 |
| Turnover | 39.00% |
| Dividend (ttm) | 0.34 |
| Dividend Yield | 3.45% |
| Dividend Growth | 18.66% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 9.76 |
| YTD Return | 0.87% |
| 1-Year Return | 0.81% |
| 5-Year Return | -0.49% |
| 52-Week Low | 9.37 |
| 52-Week High | 9.89 |
| Beta (5Y) | 0.21 |
| Holdings | 106 |
| Inception Date | Apr 1, 1996 |
About AZTYX
NYLI MacKay Arizona Muni Fund Class I is an open-end municipal bond fund focused on generating current income that is exempt from federal and Arizona state income taxes. The portfolio invests at least 80% of assets in Arizona municipal securities, using credit analysis, yield-curve positioning, and sector rotation within the state’s revenue and general-obligation bond markets to pursue tax-advantaged income while emphasizing risk management and avoiding leverage. The strategy targets the muni single-state intermediate segment, typically maintaining an intermediate duration profile and broad exposure to essential-service issuers such as water and airport systems, higher education authorities, transportation boards, and local school districts. Managed by a tenured municipal team, the fund seeks to balance income generation with capital preservation through diversified holdings and disciplined credit selection. In the broader fixed income market, it serves investors seeking state-specific tax efficiency and municipal credit exposure tied to Arizona’s economic base, offering monthly distributions and an institutional share class structure designed for cost efficiency and scale.
Performance
AZTYX had a total return of 0.81% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.69%.
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 | $0.02887 | Aug 29, 2025 |
| Jul 31, 2025 | $0.02881 | Jul 31, 2025 |
| Jun 30, 2025 | $0.02769 | Jun 30, 2025 |
| May 30, 2025 | $0.02831 | May 30, 2025 |
| Apr 30, 2025 | $0.02717 | Apr 30, 2025 |
| Mar 31, 2025 | $0.02778 | Mar 31, 2025 |