NYLI MacKay New York Muni Class I (MNOIX)
| Fund Assets | 1.17B |
| Expense Ratio | 1.74% |
| Min. Investment | $1,000,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.37 |
| Dividend Yield | 3.91% |
| Dividend Growth | 1.61% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Feb 28, 2025 |
| Previous Close | 9.64 |
| YTD Return | 1.20% |
| 1-Year Return | 3.04% |
| 5-Year Return | 5.27% |
| 52-Week Low | n/a |
| 52-Week High | n/a |
| Beta (5Y) | n/a |
| Holdings | 457 |
| Inception Date | May 14, 2012 |
About MNOIX
MNOIX was founded on 2012-05-14. The Fund's investment strategy focuses on NY Municipal Debt with 0.5% total expense ratio. The minimum amount to invest in MainStay Funds Trust: MainStay MacKay New York Tax Free Opportunities Fund; Class I Shares is $1,000,000 on a standard taxable account. MainStay Funds Trust: MainStay MacKay New York Tax Free Opportunities Fund; Class I Shares seeks current income exempt from federal and New York state, and in some cases, New York local income tax. MNOIX will invest at least 80% of its assets in municipal bonds whose interest is in the opinion of bond counsel for the issuers at the time of issuance exempt from federal and New York income taxes.
Performance
MNOIX had a total return of 3.04% in the past year. Since the fund's inception, the average annual return has been 3.09%, including dividends.
Top 10 Holdings
13.04% of assets| Name | Symbol | Weight |
|---|---|---|
| NEW YORK ST DORM AUTH REVS NON ST SUPPORTED DEBT 5.5% | NY NYSHGR 5.5 07.01.2054 | 1.66% |
| BlackRock Liquidity Funds - MuniCash | MCSXX | 1.58% |
| NEW YORK ST DORM AUTH REVS NON ST SUPPORTED DEBT 5.25% | n/a | 1.53% |
| NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 5% | NY NYCGEN 5 11.01.2036 | 1.46% |
| NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 5.25% | NY NYCUTL 5.25 06.15.2052 | 1.39% |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.784% | PR PRCGEN 4.78 07.01.2058 | 1.32% |
| NEW YORK N Y 0% | n/a | 1.08% |
| NEW YORK ST HSG FIN AGY REV 3.57% | NY NYSHSG 05.01.2042 | 1.04% |
| NUVEEN NEW YORK AMT-FREE MUN INCOME FD 0% | NY NRKGEN 05.01.2047 | 1.04% |
| BATTERY PK CITY AUTH N Y REV 5% | NY BTYGEN 5 11.01.2053 | 0.95% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 28, 2025 | $0.02791 | Feb 28, 2025 |
| Jan 31, 2025 | $0.03242 | Jan 31, 2025 |
| Dec 31, 2024 | $0.03231 | Dec 31, 2024 |
| Nov 29, 2024 | $0.03107 | Nov 29, 2024 |
| Oct 31, 2024 | $0.03158 | Oct 31, 2024 |
| Sep 30, 2024 | $0.03076 | Sep 30, 2024 |