NYLI MacKay California Muni Class A (MSCAX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
9.33
0.00 (0.00%)
Jun 20, 2025, 4:00 PM EDT
-4.41%
Fund Assets 1.06B
Expense Ratio 1.09%
Min. Investment $15,000
Turnover n/a
Dividend (ttm) 0.34
Dividend Yield 3.45%
Dividend Growth -2.55%
Payout Frequency Monthly
Ex-Dividend Date May 30, 2025
Previous Close 9.33
YTD Return -2.85%
1-Year Return -1.05%
5-Year Return 0.40%
52-Week Low 9.16
52-Week High 9.90
Beta (5Y) n/a
Holdings 390
Inception Date Feb 28, 2013

About MSCAX

MSCAX was founded on 2013-02-28. The Fund's investment strategy focuses on CA Municipal Debt with 0.75% total expense ratio. The minimum amount to invest in MainStay Funds Trust: MainStay MacKay California Tax Free Opportunities Fund; Class A Shares is $15,000 on a standard taxable account. MainStay Funds Trust: MainStay MacKay California Tax Free Opportunities Fund; Class A Shares seeks current income exempt from federal and California income taxes. MSCAX, under normal circumstances, invests 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 California income taxes.

Category Muni California Long
Stock Exchange NASDAQ
Ticker Symbol MSCAX
Share Class Class A
Index Bloomberg California TaxExempt Muni Bd TR

Performance

MSCAX had a total return of -1.05% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.30%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol Provider Name Expense Ratio
VCLAX Vanguard Vanguard California Long-Term Tax-Exempt Fund Admiral Shares 0.09%
VCITX Vanguard Vanguard California Long-Term Tax-Exempt Fund Investor Shares 0.14%

Other Share Classes

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

Symbol Share Class Expense Ratio
MSCVX Investor Class 0.79%
MSODX Class R6 0.84%
MSCCX Class C 1.04%
MCOIX Class I 1.79%

Top 10 Holdings

12.82% of assets
Name Symbol Weight
Los Angeles County Public Works Financing Authority, Series H CA.LOSFAC 5.5 12.01.2049 2.00%
Dreyfus Government Cash Management - Institutional Shares n/a 1.58%
California Community Choice Financing Authority, Series E CA.CCEDEV 02.01.2055 1.43%
Puerto Rico Commonwealth Aqueduct & Sewer Authority, Series A PR.PRCUTL 5 07.01.2047 1.24%
San Francisco City & County Airport Comm-San Francisco International Airport, Series C CA.SFOAPT 5.75 05.01.2048 1.22%
New York Transportation Development Corp., Series A NY.NYTTRN 5.25 12.31.2054 1.18%
California Community Choice Financing Authority, Series D CA.CCEDEV 02.01.2055 1.06%
California Educational Facilities Authority, Series A CA.CASEDU 5 10.01.2055 1.05%
California Infrastructure & Economic Development Bank CA.CASDEV 5 06.01.2039 1.04%
California Community Choice Financing Authority, Series C CA.CCEDEV 01.01.2054 1.03%
View More Holdings

Dividend History

Ex-Dividend Amount Pay Date
May 30, 2025 $0.02779 May 30, 2025
Apr 30, 2025 $0.02696 Apr 30, 2025
Mar 31, 2025 $0.02765 Mar 31, 2025
Feb 28, 2025 $0.02465 Feb 28, 2025
Jan 31, 2025 $0.02898 Jan 31, 2025
Dec 31, 2024 $0.02927 Dec 31, 2024
Full Dividend History