NYLI MacKay Muni Income Opportunities Class I (MMIOX)
| Fund Assets | n/a |
| Expense Ratio | 1.75% |
| Min. Investment | n/a |
| Turnover | n/a |
| Dividend (ttm) | 0.41 |
| Dividend Yield | 4.00% |
| Dividend Growth | 2.08% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 10.22 |
| YTD Return | 3.25% |
| 1-Year Return | 9.27% |
| 5-Year Return | n/a |
| 52-Week Low | 9.58 |
| 52-Week High | 10.30 |
| Beta (5Y) | n/a |
| Holdings | n/a |
| Inception Date | n/a |
About MMIOX
NYLI MacKay Muni Income Opportunities Fund Class I is a closed-end interval fund specializing in U.S. municipal securities. Its primary objective is to generate current income exempt from regular federal income tax, appealing to investors seeking tax-advantaged income streams. The fund actively manages a diversified portfolio that is investment-grade oriented but maintains the flexibility to allocate up to 50% of its assets to high yield municipal bonds, enabling dynamic pursuit of income opportunities across the credit spectrum. It employs tactical leverage and specialized security selection to enhance income potential while navigating municipal bond risks, such as issuer credit risk and regulatory changes. Structured as an interval fund, it offers limited quarterly liquidity, typically repurchasing up to 10% of outstanding shares at net asset value, thereby supporting investments in less-liquid, higher-yielding municipal assets. This structure allows the fund to utilize strategies less commonly found in traditional open-end mutual funds or ETFs, providing a differentiated vehicle for municipal income within the broader fixed income market.
Performance
MMIOX had a total return of 9.27% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.72%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.03321 | Jun 30, 2026 |
| May 29, 2026 | $0.03496 | May 29, 2026 |
| Apr 30, 2026 | $0.03178 | Apr 30, 2026 |
| Mar 31, 2026 | $0.03585 | Mar 31, 2026 |
| Feb 27, 2026 | $0.0325 | Feb 27, 2026 |
| Jan 30, 2026 | $0.03738 | Jan 30, 2026 |