NYLI MacKay New York Muni Class I (MNOIX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
9.65
+0.01 (0.10%)
Feb 6, 2025, 3:25 PM EST
-0.21%
Fund Assets 1.17B
Expense Ratio 1.74%
Min. Investment $1,000,000
Turnover n/a
Dividend (ttm) 0.38
Dividend Yield 3.93%
Dividend Growth 2.76%
Payout Frequency Monthly
Ex-Dividend Date Jan 31, 2025
Previous Close 9.64
YTD Return 0.52%
1-Year Return 3.41%
5-Year Return 3.94%
52-Week Low n/a
52-Week High n/a
Beta (5Y) n/a
Holdings 452
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.

Category Muni New York Long
Performance Rating High
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol MNOIX
Share Class Class I
Index Bloomberg New York TaxExempt Muni Bond TR

Performance

MNOIX had a total return of 3.41% in the past year. Since the fund's inception, the average annual return has been 3.06%, including dividends.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol Share Class Expense Ratio
MNOAX Class A 1.74%
MNOVX Investor Class 1.74%
MNOCX Class C 1.74%
MNODX Class R6 1.74%

Top 10 Holdings

14.06% of assets
Name Symbol Weight
BlackRock Liquidity Funds - MuniCash MCSXX 2.25%
NEW YORK ST DORM AUTH REVS NON ST SUPPORTED DEBT 5.5% NY NYSHGR 5.5 07.01.2054 1.68%
NEW YORK ST DORM AUTH REVS NON ST SUPPORTED DEBT 5.25% NY NYSHGR 5.25 05.01.2054 1.53%
NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 5% NY NYCGEN 5 11.01.2036 1.48%
NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 5.25% NY NYCUTL 5.25 06.15.2052 1.41%
PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.784% PR PRCGEN 4.78 07.01.2058 1.34%
NEW YORK ST ENVIRONMENTAL FACS CORP SOLID WASTE DISP REV 0% NY NYSENV 05.01.2030 1.31%
NUVEEN NEW YORK AMT-FREE MUN INCOME FD 0% NY NRKGEN 05.01.2047 1.06%
NEW YORK ST HSG FIN AGY REV 3.57% NY NYSHSG 05.01.2042 1.05%
BATTERY PK CITY AUTH N Y REV 5% NY BTYGEN 5 11.01.2053 0.96%
View More Holdings

Dividend History

Ex-Dividend Amount Pay Date
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
Aug 30, 2024 $0.03027 Aug 30, 2024
Full Dividend History