NYLI MacKay Colorado Muni Class A (COTAX)
| Fund Assets | 109.69M |
| Expense Ratio | n/a |
| Min. Investment | $2,500 |
| Turnover | 105.00% |
| Dividend (ttm) | 0.31 |
| Dividend Yield | 3.09% |
| Dividend Growth | n/a |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 31, 2026 |
| Previous Close | 9.68 |
| YTD Return | -0.10% |
| 1-Year Return | 3.94% |
| 5-Year Return | n/a |
| 52-Week Low | 9.30 |
| 52-Week High | 9.91 |
| Beta (5Y) | n/a |
| Holdings | 91 |
| Inception Date | n/a |
About COTAX
The New York Life MacKay Municipal Income Fund is a mutual fund specializing in municipal bonds, with a primary objective of generating income exempt from federal income taxes. Managed by the experienced MacKay Municipal Managers team, the fund employs a research-driven approach that emphasizes credit analysis, yield curve positioning, and sector rotation. Its portfolio is predominantly composed of high-quality, intermediate-duration municipal securities, offering investors exposure to the municipal bond market with a focus on managing credit and interest rate risks. Designed for investors seeking tax-advantaged income, the fund does not use leverage and maintains a disciplined risk management framework. The New York Life MacKay Municipal Income Fund plays an important role in the fixed income market by providing access to diversified municipal debt, supporting public infrastructure financing, and addressing the needs of buyers prioritizing tax efficiency and capital preservation within their portfolios.
Performance
COTAX had a total return of 3.94% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.57%.
Top 10 Holdings
24.17% of assets| Name | Symbol | Weight |
|---|---|---|
| Public Authority for Colorado Energy | CO.PUBUTL 6.5 11.15.2038 | 3.48% |
| City & County of Denver, Series A | CO.DENAPT 4.25 11.15.2031 | 2.66% |
| Colorado Health Facilities Authority, Series A | CO.COSMED 11.15.2060 | 2.60% |
| Midcities Metropolitan District No. 2 | CO.MDCFAC 5 12.01.2031 | 2.48% |
| Denver Urban Renewal Authority, Series A-1 | CO.DENDEV 5 12.01.2025 | 2.47% |
| City of Fort Collins | n/a | 2.40% |
| Dreyfus Government Cash Management Fund | DGCXX | 2.11% |
| Denver City & County School District No. 1, Series C | CO.DENSCD 5.5 12.01.2047 | 2.11% |
| Boulder Larimer & Weld Counties St Vrain Valley School District Re1J, Series C | n/a | 1.95% |
| Eagle County Housing & Development Authority | CO.EAGMFH 12.01.2045 | 1.91% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 31, 2026 | $0.02656 | Mar 31, 2026 |
| Feb 27, 2026 | $0.02416 | Feb 27, 2026 |
| Jan 30, 2026 | $0.02686 | Jan 30, 2026 |
| Dec 31, 2025 | $0.02678 | Dec 31, 2025 |
| Nov 28, 2025 | $0.02539 | Nov 28, 2025 |
| Oct 31, 2025 | $0.02625 | Oct 31, 2025 |