NYLI MacKay U.S. Infrastructure Bond Class A (MGVAX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
7.86
+0.02 (0.26%)
At close: Mar 31, 2025
5.36% (1Y)
| Fund Assets | 782.66M |
| Expense Ratio | 0.70% |
| Min. Investment | $15,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.32 |
| Dividend Yield | 4.05% |
| Dividend Growth | 2.93% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Feb 28, 2025 |
| Previous Close | 7.84 |
| YTD Return | 7.04% |
| 1-Year Return | 8.79% |
| 5-Year Return | 7.10% |
| 52-Week Low | n/a |
| 52-Week High | n/a |
| Beta (5Y) | 0.20 |
| Holdings | 369 |
| 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 8.79% in the past year. Since the fund's inception, the average annual return has been 3.88%, including dividends.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| undefined | Fidelity | Fidelity Tax-Free Bond Fund | 0.25% |
Top 10 Holdings
13.13% of assets| Name | Symbol | Weight |
|---|---|---|
| Dreyfus Govt Cash Mgmt Inst Shares - Fund 289 | n/a | 2.58% |
| ILLINOIS ST SALES TAX REV 4.62% | n/a | 1.63% |
| NATIONAL FIN AUTH N H UTIL REV 6.89% | n/a | 1.61% |
| Cornell University 4.835% | CORNLU 4.835 06.15.34 | 1.40% |
| Columbia University Trustees NY 4.355% | COLUNV 4.355 10.01.35 2024 | 1.26% |
| PORT MORROW ORE TRANSMISSION FACS REV 4.839% | n/a | 1.01% |
| NEW YORK N Y CITY HSG DEV CORP MULTIFAMILY MTG REV 5.458% | NY NYCMFH 5.46 12.15.2031 | 0.96% |
| METROPOLITAN PIER & EXPOSITION AUTH ILL PROJ REV 7.2% | n/a | 0.90% |
| LOUISIANA LOC GOVT ENVIRONMENTAL FACS & CMNTY DEV AUTH SYS RESTORATION 5.04 | LA LASGOV 5.05 12.01.2034 | 0.90% |
| MASSACHUSETTS EDL FING AUTH ED LN REV 5.95% | n/a | 0.87% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| 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 |
| Sep 30, 2024 | $0.02585 | Sep 30, 2024 |