NYLI MacKay Colorado Muni Class C (COTCX)
| Fund Assets | 105.49M |
| Expense Ratio | 1.67% |
| Min. Investment | $1,000 |
| Turnover | 33.00% |
| Dividend (ttm) | 0.28 |
| Dividend Yield | 2.88% |
| Dividend Growth | 60.22% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 30, 2025 |
| Previous Close | 9.70 |
| YTD Return | 0.66% |
| 1-Year Return | 0.51% |
| 5-Year Return | -4.80% |
| 52-Week Low | 9.27 |
| 52-Week High | 9.82 |
| Beta (5Y) | n/a |
| Holdings | 88 |
| 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 0.51% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.24%.
Top 10 Holdings
25.42% of assets| Name | Symbol | Weight |
|---|---|---|
| Public Authority for Colorado Energy | CO.PUBUTL 6.5 11.15.2038 | 3.36% |
| Dreyfus Government Cash Management Fund | DGCXX | 3.27% |
| City & County of Denver, Series A | CO.DENAPT 4.25 11.15.2031 | 2.69% |
| Colorado Health Facilities Authority, Series A | CO.COSMED 11.15.2060 | 2.62% |
| Denver Urban Renewal Authority, Series A-1 | CO.DENDEV 5 12.01.2025 | 2.51% |
| Midcities Metropolitan District No. 2 | CO.MDCFAC 5 12.01.2031 | 2.47% |
| City of Fort Collins | CO.FORPWR 5 12.01.2037 | 2.32% |
| Mesa County Valley School District No. 51 | CO.MESSCD 5.25 12.01.2042 | 2.07% |
| City & County of Denver Airport System - City & County of Denver, Series D | CO.DENAPT 5.75 11.15.2040 | 2.06% |
| Denver City & County School District No. 1, Series C | CO.DENSCD 5.5 12.01.2047 | 2.04% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 30, 2025 | $0.02316 | Sep 30, 2025 |
| 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 |