NYLI MacKay U.S. Infrastructure Bond Class A (MGVAX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
7.81
+0.04 (0.51%)
At close: Apr 24, 2025
6.99% (1Y)
| Fund Assets | 782.66M |
| Expense Ratio | 0.70% |
| Min. Investment | $15,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.32 |
| Dividend Yield | 4.10% |
| Dividend Growth | 2.87% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 31, 2025 |
| Previous Close | 7.77 |
| YTD Return | 1.12% |
| 1-Year Return | 5.01% |
| 5-Year Return | 0.87% |
| 52-Week Low | n/a |
| 52-Week High | n/a |
| Beta (5Y) | 0.18 |
| Holdings | 376 |
| Inception Date | Dec 30, 1994 |
About MGVAX
The NYLI MacKay U.S. Infrastructure Bond Class A (MGVAX) seeks to invest at least 80% of net assets in U.S. Government securities and up to 20% of total assets in mortgage-backed and asset-backed securities that are not U.S. Government securities.
Fund Family MainStay Fds A
Category Intermediate Core Bond
Performance Rating Above Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol MGVAX
Share Class Class A
Index Index is not available on Lipper Database
Performance
MGVAX had a total return of 5.01% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.68%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FTABX | Fidelity | Fidelity Tax-Free Bond Fund | 0.25% |
Top 10 Holdings
11.56% of assets| Name | Symbol | Weight |
|---|---|---|
| ILLINOIS ST SALES TAX REV 4.62% | IL ILSGEN 4.62 06.15.2038 | 1.62% |
| NATIONAL FIN AUTH N H UTIL REV 6.89% | NH NFAUTL 6.89 04.01.2034 | 1.59% |
| Cornell University 4.835% | CORNLU 4.835 06.15.34 | 1.27% |
| Dreyfus Govt Cash Mgmt Inst Shares - Fund 289 | n/a | 1.21% |
| LOUISIANA LOC GOVT ENVIRONMENTAL FACS & CMNTY DEV AUTH SYS RESTORATION 5.04 | LA LASGOV 5.05 12.01.2034 | 1.15% |
| TENDER OPT BD TR RCPTS / CTFS VAR STS 0% | CA TENGEN 07.01.2050 | 1.02% |
| PORT MORROW ORE TRANSMISSION FACS REV 4.839% | OR PTMTRN 4.84 09.01.2031 | 1.00% |
| New York N Y City Hsg Dev Corp Multifamily Mtg Rev Taxable Bds 2024 Cl A 06 | n/a | 0.95% |
| METROPOLITAN PIER & EXPOSITION AUTH ILL PROJ REV 7.2% | IL MPNFAC 7.2 06.15.2033 | 0.89% |
| The University Of Chicago 5.038% | UNICHI 5.038 04.01.31 2024 | 0.86% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 31, 2025 | $0.02784 | Mar 31, 2025 |
| Feb 28, 2025 | $0.02501 | Feb 28, 2025 |
| Jan 31, 2025 | $0.02737 | Jan 31, 2025 |
| Dec 31, 2024 | $0.02706 | Dec 31, 2024 |
| Nov 30, 2024 | $0.02589 | Nov 30, 2024 |
| Oct 31, 2024 | $0.02685 | Oct 31, 2024 |