MMIPX (MMIPX)
| Fund Assets | n/a |
| Expense Ratio | n/a |
| Min. Investment | n/a |
| Turnover | n/a |
| Dividend (ttm) | 0.36 |
| Dividend Yield | 3.38% |
| Dividend Growth | n/a |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 10.22 |
| YTD Return | -1.51% |
| 1-Year Return | 1.56% |
| 5-Year Return | n/a |
| 52-Week Low | 9.48 |
| 52-Week High | 10.54 |
| Beta (5Y) | n/a |
| Holdings | n/a |
| Inception Date | n/a |
About MMIPX
NYLI MacKay Muni Income Opportunities Fund Class A1 is a non-diversified, closed-end management investment company structured as an interval fund. Its primary aim is to provide investors with current income that is exempt from regular federal income tax. The fund targets the U.S. municipal bond market, employing a dynamic strategy that focuses predominantly on investment-grade municipal securities, while retaining the flexibility to invest up to 50% of its assets in high yield (non-investment-grade) municipal bonds. This blend allows the fund to seek enhanced income potential while maintaining a measure of credit quality and risk diversification. A notable feature of the fund is its interval structure, which enables it to implement more opportunistic and less liquid investment strategies by periodically offering to repurchase a portion of its shares from shareholders at net asset value. This approach can reduce capital volatility and positions the fund to potentially capture higher risk-adjusted returns than traditional open-end funds. The fund’s holdings include various municipal obligations—such as notes and variable rate demand instruments—issued by U.S. states, territories, and municipal entities. Through active sector selection and tactical leverage, the fund plays an important role for investors seeking tax-efficient income solutions within the municipal bond sector.
Performance
MMIPX had a total return of 1.56% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.32%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.03309 | Jan 30, 2026 |
| Dec 31, 2025 | $0.02898 | Dec 31, 2025 |
| Nov 28, 2025 | $0.02797 | Nov 28, 2025 |
| Oct 31, 2025 | $0.02996 | Oct 31, 2025 |
| Sep 30, 2025 | $0.02945 | Sep 30, 2025 |
| Aug 31, 2025 | $0.03084 | Aug 31, 2025 |