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
Fund Assets 8.29B
Expense Ratio 1.38%
Min. Investment $1,000
Turnover n/a
Dividend (ttm) n/a
Dividend Yield n/a
Dividend Growth 2.79%
Payout Frequency Monthly
Ex-Dividend Date n/a
Previous Close 9.27
YTD Return 0.35%
1-Year Return 2.11%
5-Year Return 1.09%
52-Week Low n/a
52-Week High n/a
Beta (5Y) n/a
Holdings 1108
Inception Date May 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%.

Chart

Bar chart with 6 bars.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from 0.2166 to 2.656.
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Equivalent Funds

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

Symbol Provider Name Expense Ratio
FKISX Fidelity Fidelity Advisor Municipal Income Fund - Class C 1.50%
FHUGX Fidelity Fidelity Advisor Municipal Income Fund - Class A 0.77%
FSAJX Fidelity Fidelity SAI Tax-Free Bond Fund 0.25%
FIWEX Fidelity Fidelity Advisor Municipal Income Fund - Class Z 0.40%
FROGX Fidelity Fidelity Advisor Municipal Income Fund - Class I 0.52%

Other Share Classes

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

Symbol Share Class Expense Ratio
MTSPX Class C2 0.86%
MTBIX Class I 0.86%
MKINX Investor Class 1.18%
MTBAX Class A 1.49%

Top 10 Holdings

6.23% of assets
Name Symbol Weight
BlackRock Liquidity Funds - MuniCash MCSXX 1.11%
BLACKROCK MUN 2030 TARGET TERM TR 0% OT BIEGEN 12.31.2030 0.76%
LAMAR TEX CONS INDPT SCH DIST 5.5% TX LAMSCD 5.5 02.15.2058 0.76%
CALIFORNIA ST UNIV REV 5.5% CA CASHGR 5.5 11.01.2055 0.66%
SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 5% CA SFOAPT 5 05.01.2050 0.55%
ENERGY SOUTHEAST ALA COOP DIST ENERGY SUPPLY REV 5.25% AL ESDPWR 07.01.2054 0.52%
OKLAHOMA TRANSN AUTH OK F/K/A OKLAHOMA ST TPK AUTH 5.5% OK OKSTRN 5.5 01.01.2053 0.51%
BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 4% AL BBEUTL 10.01.2052 0.50%
SAN ANTONIO TEX WTR REV 5.25% TX SANWTR 5.25 05.15.2052 0.45%
CHICAGO ILL 6% IL CHI 6 01.01.2038 0.41%
View More Holdings

Dividend History

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