NYLI MacKay Colorado Muni Class Z (COTFX)
| Fund Assets | 103.23M |
| Expense Ratio | 0.745% |
| Min. Investment | $1,000 |
| Turnover | 33.00% |
| Dividend (ttm) | 0.32 |
| Dividend Yield | 3.21% |
| Dividend Growth | 28.58% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 9.67 |
| YTD Return | 0.01% |
| 1-Year Return | -0.22% |
| 5-Year Return | -2.60% |
| 52-Week Low | 9.30 |
| 52-Week High | 9.88 |
| Beta (5Y) | 0.18 |
| Holdings | 90 |
| Inception Date | May 21, 1987 |
About COTFX
NYLI MacKay Colorado Muni Fund is an open‑end municipal bond fund focused on generating tax‑advantaged income for Colorado residents. It invests at least 80% of assets in municipal securities whose interest is exempt from federal and Colorado state income taxes, emphasizing high‑quality issuers across general obligation and revenue bonds. The strategy applies a relative‑value approach that blends fundamental credit research with yield‑curve positioning and sector rotation, seeking to balance income with prudent risk management. The portfolio targets an intermediate interest‑rate profile consistent with the muni single‑state intermediate category, and it avoids leverage and explicit interest‑rate bets. Managed by a tenured municipal team with longstanding dealer relationships, the fund serves investors looking for state‑specific tax efficiency while financing public projects such as schools, utilities, and infrastructure within Colorado. Class options include institutional and retail share classes, with distributions paid monthly. The fund became the accounting successor to the Aquila Tax‑Free Fund of Colorado following a 2024 reorganization, inheriting its historical performance record.
Performance
COTFX had a total return of -0.22% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.21%.
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 | $0.02771 | Aug 29, 2025 |
| Jul 31, 2025 | $0.02735 | Jul 31, 2025 |
| Jun 30, 2025 | $0.02614 | Jun 30, 2025 |
| May 30, 2025 | $0.02667 | May 30, 2025 |
| Apr 30, 2025 | $0.02549 | Apr 30, 2025 |
| Mar 31, 2025 | $0.0262 | Mar 31, 2025 |