NYLI MacKay California Muni Class R6 (MSODX)
| Fund Assets | 1.24B |
| Expense Ratio | 0.84% |
| Min. Investment | $0.00 |
| Turnover | 40.00% |
| Dividend (ttm) | 0.36 |
| Dividend Yield | 3.86% |
| Dividend Growth | -3.35% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 31, 2025 |
| Previous Close | 9.34 |
| YTD Return | -2.76% |
| 1-Year Return | -2.12% |
| 5-Year Return | -1.09% |
| 52-Week Low | 9.17 |
| 52-Week High | 9.92 |
| Beta (5Y) | n/a |
| Holdings | 391 |
| Inception Date | Nov 1, 2019 |
About MSODX
NYLI MacKay California Muni Fund is a mutual fund focused on generating current income that is exempt from both federal and California state income taxes by primarily investing in municipal bonds issued within California. This fund employs a relative value strategy that combines thorough credit analysis, yield curve positioning, and sector rotation, aiming to uncover the most attractive opportunities in the state’s large and complex municipal bond market. The fund does not use leverage or engage in interest rate speculation, placing a strong emphasis on risk management. Managed by a highly experienced team, the fund targets bonds issued by California’s local governments, agencies, and school districts, making its performance sensitive to the fiscal and economic health of the state and its municipalities. NYLI MacKay California Muni Fund plays a significant role for investors seeking tax-advantaged income while supporting California’s public infrastructure and services through local municipal financing.
Performance
MSODX had a total return of -2.12% in the past year, including dividends. Since the fund's inception, the average annual return has been 0.55%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| VCITX | Vanguard | Vanguard California Long-Term Tax-Exempt Fund Investor Shares | 0.14% |
Top 10 Holdings
12.57% of assets| Name | Symbol | Weight |
|---|---|---|
| LOS ANGELES CNTY CALIF PUB WKS FING AUTH LEASE REV 5.5% | CA.LOSFAC 5.5 12.01.2049 | 1.96% |
| Dreyfus Govt Cash Mgmt Inst Shares - Fund 289 | n/a | 1.55% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5% | CA.CCEDEV 02.01.2055 | 1.40% |
| PUERTO RICO COMWLTH AQUEDUCT & SWR AUTH REV 5% | PR.PRCUTL 5 07.01.2047 | 1.21% |
| SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 5.75% | CA.SFOAPT 5.75 05.01.2048 | 1.19% |
| NEW YORK TRANSN DEV CORP SPL FAC REV 5.25% | NY.NYTTRN 5.25 12.31.2054 | 1.16% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 0% | CA.CCEDEV 02.01.2055 | 1.04% |
| CALIFORNIA EDL FACS AUTH REV 5% | CA.CASEDU 5 10.01.2055 | 1.03% |
| CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK REV 5% | CA.CASDEV 5 06.01.2039 | 1.02% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5.25% | CA.CCEDEV 01.01.2054 | 1.01% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 31, 2025 | $0.02914 | Jul 31, 2025 |
| Jun 30, 2025 | $0.02957 | Jun 30, 2025 |
| May 30, 2025 | $0.0299 | May 30, 2025 |
| Apr 30, 2025 | $0.029 | Apr 30, 2025 |
| Mar 31, 2025 | $0.02984 | Mar 31, 2025 |
| Feb 28, 2025 | $0.02668 | Feb 28, 2025 |