NYLI MacKay High Yield Muni Bond Class C (MMHDX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD

11.61

0.00 (0.00%)

At close: Aug 25, 2026

3.48% (1Y)

Fund Assets	9.63B
Expense Ratio	2.24%
Min. Investment	$2,500
Turnover	28.00%
Dividend (ttm)	0.38
Dividend Yield	3.30%
Dividend Growth	1.07%
Payout Frequency	Monthly
Ex-Dividend Date	Jul 31, 2026

Previous Close	11.61
YTD Return	0.91%
1-Year Return	6.62%
5-Year Return	-1.26%
52-Week Low	11.21
52-Week High	11.93
Beta (5Y)	0.11
Holdings	1394
Inception Date	Mar 31, 2010

About MMHDX

NYLI MacKay High Yield Muni Bond Fund Class C is a mutual fund focused on delivering a high level of current income that is exempt from federal income taxes. Managed by a seasoned team, its primary strategy targets high-yield municipal bonds, enabling access to substantial income through investments in bonds that are either unrated or rated below investment grade. The fund emphasizes rigorous credit analysis, yield curve positioning, and sector rotation to identify compelling opportunities in the municipal bond market. A distinctive feature is its strong focus on risk management—there is no use of leverage or speculative interest rate positions, underscoring a commitment to prudent portfolio oversight. This fund typically invests at least 80% of assets in municipal bonds and has a diversified portfolio with over 1,400 individual holdings spanning various states and municipal sectors. It distributes income monthly and appeals particularly to investors seeking tax-advantaged, high-yield income solutions. With assets totaling over $7.8 billion and a consistent management team since inception in 2010, the fund plays a notable role in providing access to higher-yield segments of the municipal bond market for income-oriented investors.

Fund Family New York Life Investment Management LLC

Category High Yield Muni

Performance Rating Below Average

Risk Rating Above Average

Stock Exchange NASDAQ

Ticker Symbol MMHDX

Share Class Class C

Index Bloomberg Municipal Bond TR

Performance

MMHDX had a total return of 6.62% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.11%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
MMHIX	Class I	0.86%
MMHEX	Class R6	0.86%
MMHAX	Class A	1.18%
MMHVX	Investor Class	1.49%

Dividend History

Ex-Dividend	Amount	Pay Date
Jul 31, 2026	$0.03202	Jul 31, 2026
Jun 30, 2026	$0.03102	Jun 30, 2026
May 29, 2026	$0.03223	May 29, 2026
Apr 30, 2026	$0.03149	Apr 30, 2026
Mar 31, 2026	$0.03195	Mar 31, 2026
Feb 27, 2026	$0.02898	Feb 27, 2026

Full Dividend History