Mainstay Mackay Municipal Income Opportunities Fund (MMIRX)
| Fund Assets | n/a |
| Expense Ratio | n/a |
| Min. Investment | n/a |
| Turnover | n/a |
| Dividend (ttm) | 0.36 |
| Dividend Yield | 3.49% |
| Dividend Growth | n/a |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 10.22 |
| YTD Return | 1.52% |
| 1-Year Return | 4.89% |
| 5-Year Return | n/a |
| 52-Week Low | 9.19 |
| 52-Week High | 10.23 |
| Beta (5Y) | n/a |
| Holdings | n/a |
| Inception Date | n/a |
About MMIRX
NYLI MacKay Muni Income Opportunities Fund Class A2 is a closed-end interval fund focused on generating high levels of tax-exempt income by investing primarily in municipal bonds. Its strategy emphasizes a blend of investment-grade municipal securities while allowing flexibility to allocate up to 50% of its assets to high-yield municipal bonds, providing enhanced income potential. The fund employs active municipal security selection and tactical leverage to maximize income opportunities for shareholders. With an interval fund structure, it offers periodic liquidity, enabling more opportunistic investment in less liquid, longer-term municipal assets compared to typical open-end mutual funds. This approach aims to navigate municipal bond risk factors, like issuer repayment and legislative changes, while balancing the pursuit of higher risk-return profiles. The fund’s portfolio is diversified across key sectors such as transportation, healthcare, housing, utilities, and special tax districts. NYLI MacKay Muni Income Opportunities Fund Class A2 serves as a specialized solution for investors seeking current income exempt from regular federal income tax, with a focus on disciplined management and tax efficiency in the municipal securities market.
Performance
MMIRX had a total return of 4.89% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.32%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.03307 | Jan 30, 2026 |
| Dec 31, 2025 | $0.02903 | Dec 31, 2025 |
| Nov 28, 2025 | $0.02792 | Nov 28, 2025 |
| Oct 31, 2025 | $0.02993 | Oct 31, 2025 |
| Sep 30, 2025 | $0.02942 | Sep 30, 2025 |
| Aug 31, 2025 | $0.03083 | Aug 31, 2025 |