NYLI MacKay Colorado Muni Class C (COTCX)
| Fund Assets | 103.23M |
| Expense Ratio | 1.67% |
| Min. Investment | $1,000 |
| Turnover | 33.00% |
| Dividend (ttm) | 0.28 |
| Dividend Yield | 2.90% |
| Dividend Growth | 72.56% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 9.64 |
| YTD Return | 0.04% |
| 1-Year Return | -0.29% |
| 5-Year Return | -5.77% |
| 52-Week Low | 9.27 |
| 52-Week High | 9.85 |
| Beta (5Y) | n/a |
| Holdings | 90 |
| Inception Date | Apr 30, 1996 |
About COTCX
NYLI MacKay Colorado Muni Fund is an open‑end municipal bond fund focused on generating current income that is exempt from federal and Colorado state income taxes. The portfolio invests at least 80% of assets in tax‑exempt municipal securities, primarily investment‑grade bonds issued by Colorado state and local entities to finance public projects such as schools, utilities, transportation, and healthcare facilities. The strategy employs relative‑value investing, combining fundamental credit research with yield‑curve positioning and sector rotation to identify opportunities while emphasizing risk management; the team does not employ leverage or make explicit interest‑rate bets. Managed by a seasoned municipal team with multi‑decade tenure, the fund sits in the muni single‑state intermediate category, typically maintaining an intermediate duration profile aligned with its income objective and risk controls. By concentrating on one state’s tax‑exempt market while allowing limited flexibility to hold a small portion outside the state, the fund provides targeted tax‑advantaged income and exposure to Colorado’s municipal credit landscape.
Performance
COTCX had a total return of -0.29% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.22%.
Top 10 Holdings
25.42% of assets| Name | Symbol | Weight |
|---|---|---|
| PUBLIC AUTH FOR COLO ENERGY NAT GAS PUR REV 6.5% | CO.PUBUTL 6.5 11.15.2038 | 3.36% |
| Dreyfus Government Cash Management Fund | DGCXX | 3.27% |
| DENVER COLO CITY & CNTY ARPT REV 4.25% | CO.DENAPT 4.25 11.15.2031 | 2.69% |
| COLORADO HEALTH FACS AUTH REV 5% | CO.COSMED 11.15.2060 | 2.62% |
| DENVER COLO URBAN RENEWAL AUTH TAX INCREMENT REV 5% | CO.DENDEV 5 12.01.2025 | 2.51% |
| MIDCITIES MET DIST NO 2 COLO SPL REV 5% | CO.MDCFAC 5 12.01.2031 | 2.47% |
| FORT COLLINS COLO ELEC UTIL ENTERPRISE REV 5% | CO.FORPWR 5 12.01.2037 | 2.32% |
| MESA CNTY COLO VY SCH DIST NO 051 GRAND JUNCTION 5.25% | CO.MESSCD 5.25 12.01.2042 | 2.07% |
| DENVER COLO CITY & CNTY ARPT REV 5.75% | CO.DENAPT 5.75 11.15.2040 | 2.06% |
| DENVER COLO CITY & CNTY SCH DIST NO 1 5.5% | CO.DENSCD 5.5 12.01.2047 | 2.04% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 29, 2025 | $0.0242 | Aug 29, 2025 |
| Jul 31, 2025 | $0.02383 | Jul 31, 2025 |
| Jun 30, 2025 | $0.02274 | Jun 30, 2025 |
| May 30, 2025 | $0.02313 | May 30, 2025 |
| Apr 30, 2025 | $0.02193 | Apr 30, 2025 |
| Mar 31, 2025 | $0.02244 | Mar 31, 2025 |