MainStay MacKay High Yield Municipal Bond Fund Class R6 (MMHEX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
11.85
-0.01 (-0.08%)
May 17, 2024, 4:00 PM EDT
3.13% (1Y)
| Fund Assets | 8.66B |
| Expense Ratio | 0.86% |
| Min. Investment | $2,500 |
| Turnover | 38.00% |
| Dividend (ttm) | 0.51 |
| Dividend Yield | 4.28% |
| Dividend Growth | 4.02% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Apr 30, 2024 |
| Previous Close | 11.86 |
| YTD Return | 1.51% |
| 1-Year Return | 6.68% |
| 5-Year Return | n/a |
| 52-Week Low | 10.59 |
| 52-Week High | 11.95 |
| Beta (5Y) | n/a |
| Holdings | 1307 |
| Inception Date | Nov 1, 2019 |
About MMHEX
The fund invests at least 80% of its assets (net assets plus any borrowings for investment purposes) in municipal bonds. It may invest up to 10% of its net assets in municipal bonds that are the subject of bankruptcy proceedings, that are in default as to the payment of principal or interest, or that are rated in the lowest rating category by a NRSRO or if unrated, judged to be of comparable quality by the subadvisor.
Fund Family New York Life Investment Management LLC
Category High Yield Muni
Performance Rating Above Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol MMHEX
Index Bloomberg Municipal Bond TR
Performance
MMHEX had a total return of 6.68% in the past year. Since the fund's inception, the average annual return has been -1.99%, including dividends.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| MMHAX | Class A | 1.18% |
| MMHIX | Class I | 0.86% |
| MMHVX | Investor Class | 1.49% |
| MMHDX | Class C | 2.24% |
Top 10 Holdings
11.92% of assets| Name | Symbol | Weight |
|---|---|---|
| BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5% | OH BUCGEN 5 06.01.2055 | 2.06% |
| PUERTO RICO COMWLTH AQUEDUCT & SWR AUTH REV 5% | PR PRCUTL 5 07.01.2047 | 1.50% |
| BlackRock Liquidity MuniCash Instl | MCSXX | 1.31% |
| MATCHING FD SPL PURP SECURITIZATION CORP VIRGIN IS 5% | VI MFCFAC 5 10.01.2039 | 1.30% |
| GDB DEBT RECOVERY AUTH OF COMWLTH PUERTO RICO 7.5% | PR PRCDEV 7.5 08.20.2040 | 1.12% |
| METROPOLITAN WASH D C ARPTS AUTH DULLES TOLL RD REV 4% | DC METAPT 4 10.01.2049 | 1.11% |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV 5% | PR PRCGEN 5 07.01.2058 | 0.90% |
| NEW YORK TRANSN DEV CORP SPL FAC REV 4.375% | NY NYTTRN 4.38 10.01.2045 | 0.89% |
| NEW YORK LIBERTY DEV CORP LIBERTY REV 5% | NY NYCDEV 5 11.15.2044 | 0.87% |
| GRAND PARKWAY TRANSN CORP TEX SYS TOLL REV 4% | TX GPTTRN 4 10.01.2049 | 0.86% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Apr 30, 2024 | $0.04286 | Apr 30, 2024 |
| Mar 31, 2024 | $0.04277 | Mar 31, 2024 |
| Feb 29, 2024 | $0.04005 | Feb 29, 2024 |
| Jan 31, 2024 | $0.04118 | Jan 31, 2024 |
| Dec 31, 2023 | $0.04382 | Dec 31, 2023 |
| Nov 30, 2023 | $0.04188 | Nov 30, 2023 |