NYLI MacKay Colorado Muni Class A (COTAX)
| Fund Assets | 107.96M |
| Expense Ratio | n/a |
| Min. Investment | $15,000 |
| Turnover | 33.00% |
| Dividend (ttm) | 0.29 |
| Dividend Yield | 2.96% |
| Dividend Growth | n/a |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2025 |
| Previous Close | 9.50 |
| YTD Return | -1.67% |
| 1-Year Return | n/a |
| 5-Year Return | n/a |
| 52-Week Low | 9.30 |
| 52-Week High | 9.88 |
| Beta (5Y) | n/a |
| Holdings | 92 |
| 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.
Top 10 Holdings
24.18% of assets| Name | Symbol | Weight |
|---|---|---|
| Dreyfus Government Cash Management - Institutional Shares | n/a | 3.79% |
| City & County of Denver, Series A | CO.DENAPT 4.25 11.15.2031 | 2.56% |
| Adams 12 Five Star Schools | CO.ADASCD 5.25 12.15.2043 | 2.49% |
| Denver Urban Renewal Authority, Series A-1 | CO.DENDEV 5 12.01.2025 | 2.38% |
| Midcities Metropolitan District No. 2 | CO.MDCFAC 5 12.01.2031 | 2.32% |
| City & County of Denver Airport System - City & County of Denver, Series A | CO.DENAPT 5 12.01.2037 | 2.32% |
| City of Fort Collins | CO.FORPWR 5 12.01.2037 | 2.20% |
| Public Authority for Colorado Energy | CO.PUBUTL 6.5 11.15.2038 | 2.14% |
| Denver City & County School District No. 1, Series C | CO.DENSCD 5.5 12.01.2046 | 1.99% |
| Arapahoe County School District No. 5 Cherry Creek - Arapahoe County School District No. 5 | CO.CHRSCD 5.25 12.15.2042 | 1.99% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2025 | $0.02505 | Jun 30, 2025 |
| May 30, 2025 | $0.02545 | May 30, 2025 |
| Apr 30, 2025 | $0.02423 | Apr 30, 2025 |
| Mar 31, 2025 | $0.02486 | Mar 31, 2025 |
| Feb 28, 2025 | $0.02222 | Feb 28, 2025 |
| Jan 31, 2025 | $0.02704 | Jan 31, 2025 |