NYLI MacKay Tax Free Bond Class B (MKTBX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
9.29
+0.02 (0.22%)
Inactive · Last trade price on Feb 14, 2025
0.22%
Fund Assets8.29B
Expense Ratio1.38%
Min. Investment$1,000
Turnovern/a
Dividend (ttm)n/a
Dividend Yieldn/a
Dividend Growth2.79%
Payout FrequencyMonthly
Ex-Dividend Daten/a
Previous Close9.27
YTD Return0.35%
1-Year Return2.11%
5-Year Return1.09%
52-Week Lown/a
52-Week Highn/a
Beta (5Y)n/a
Holdings1108
Inception DateMay 1, 1986

About MKTBX

MKTBX was founded on 1986-05-01. The Fund's investment strategy focuses on Gen & Ins Muni with 1.01% total expense ratio. The minimum amount to invest in MainStay Funds: MainStay MacKay Tax Free Bond Fund; Class B Shares is $1,000 on a standard taxable account. MainStay Funds: MainStay MacKay Tax Free Bond Fund; Class B Shares seeks current income exempt from regular federal income tax. MKTBX invests at least 80% of its assets in municipal bonds that are rated investment grade by at least one independent rating agency. On average, the Fund will invest in municipal bonds that have a maturity range of 10 to 30 years.

Fund Family MainStay Fds B
Category Muni National Long
Performance Rating Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol MKTBX
Share Class Class B
Index Bloomberg Municipal Bond TR

Performance

MKTBX had a total return of 2.11% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.66%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

SymbolProviderNameExpense Ratio
FKISXFidelityFidelity Advisor Municipal Income Fund - Class C1.50%
FHUGXFidelityFidelity Advisor Municipal Income Fund - Class A0.77%
FSAJXFidelityFidelity SAI Tax-Free Bond Fund0.25%
FIWEXFidelityFidelity Advisor Municipal Income Fund - Class Z0.40%
FROGXFidelityFidelity Advisor Municipal Income Fund - Class I0.52%

Other Share Classes

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

SymbolShare ClassExpense Ratio
MTSPXClass C20.86%
MTBIXClass I0.86%
MKINXInvestor Class1.18%
MTBAXClass A1.49%

Top 10 Holdings

6.23% of assets
NameSymbolWeight
BlackRock Liquidity Funds - MuniCashMCSXX1.11%
BLACKROCK MUN 2030 TARGET TERM TR 0%OT BIEGEN 12.31.20300.76%
LAMAR TEX CONS INDPT SCH DIST 5.5%TX LAMSCD 5.5 02.15.20580.76%
CALIFORNIA ST UNIV REV 5.5%CA CASHGR 5.5 11.01.20550.66%
SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 5%CA SFOAPT 5 05.01.20500.55%
ENERGY SOUTHEAST ALA COOP DIST ENERGY SUPPLY REV 5.25%AL ESDPWR 07.01.20540.52%
OKLAHOMA TRANSN AUTH OK F/K/A OKLAHOMA ST TPK AUTH 5.5%OK OKSTRN 5.5 01.01.20530.51%
BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 4%AL BBEUTL 10.01.20520.50%
SAN ANTONIO TEX WTR REV 5.25%TX SANWTR 5.25 05.15.20520.45%
CHICAGO ILL 6%IL CHI 6 01.01.20380.41%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Jan 31, 2025$0.02634Jan 31, 2025
Dec 31, 2024$0.02654Dec 31, 2024
Nov 29, 2024$0.02523Nov 29, 2024
Oct 31, 2024$0.02572Oct 31, 2024
Sep 30, 2024$0.0251Sep 30, 2024
Aug 30, 2024$0.02591Aug 30, 2024
Full Dividend History