NYLI MacKay Colorado Muni Class Z (COTFX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD

9.61

-0.01 (-0.10%)

At close: Aug 26, 2026

1.26% (1Y)

Fund Assets	111.97M
Expense Ratio	0.745%
Min. Investment	$1,000
Turnover	105.00%
Dividend (ttm)	0.33
Dividend Yield	3.38%
Dividend Growth	1.85%
Payout Frequency	Monthly
Ex-Dividend Date	Jul 31, 2026

Previous Close	9.62
YTD Return	0.60%
1-Year Return	4.71%
5-Year Return	0.97%
52-Week Low	9.48
52-Week High	9.91
Beta (5Y)	0.19
Holdings	109
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.

Fund Family New York Life Investment Management LLC

Category Muni Single State Interm

Performance Rating Average

Risk Rating Low

Stock Exchange NASDAQ

Ticker Symbol COTFX

Share Class Class Z

Index Bloomberg Muni Quality Intermediate TR

Performance

COTFX had a total return of 4.71% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.25%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
COTYX	Class I	0.67%
COTCX	Class C	1.67%

Dividend History

Ex-Dividend	Amount	Pay Date
Jul 31, 2026	$0.02754	Jul 31, 2026
Jun 30, 2026	$0.02665	Jun 30, 2026
May 29, 2026	$0.02726	May 29, 2026
Apr 30, 2026	$0.02669	Apr 30, 2026
Mar 31, 2026	$0.02765	Mar 31, 2026
Feb 27, 2026	$0.02515	Feb 27, 2026

Full Dividend History