NYLI MacKay Tax Free Bond Class I (MTBIX)
| Fund Assets | 8.29B |
| Expense Ratio | 0.86% |
| Min. Investment | $1,000,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.36 |
| Dividend Yield | 3.95% |
| Dividend Growth | 0.62% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Apr 30, 2025 |
| Previous Close | 9.08 |
| YTD Return | -1.27% |
| 1-Year Return | 1.41% |
| 5-Year Return | 3.12% |
| 52-Week Low | 8.86 |
| 52-Week High | 9.54 |
| Beta (5Y) | n/a |
| Holdings | 1082 |
| Inception Date | Dec 21, 2009 |
About MTBIX
MTBIX was founded on 2009-12-21. The Fund's investment strategy focuses on Gen & Ins Muni with 0.5% total expense ratio. The minimum amount to invest in MainStay Funds: MainStay MacKay Tax Free Bond Fund; Class I Shares is $1,000,000 on a standard taxable account. MainStay Funds: MainStay MacKay Tax Free Bond Fund; Class I Shares seeks current income exempt from regular federal income tax. MTBIX invests at least 80% of its assets in municipal bonds that are rated investment grade by at least one independent rating agency. On average, the Fund will invest in municipal bonds that have a maturity range of 10 to 30 years.
Performance
MTBIX had a total return of 1.41% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.64%.
Top 10 Holdings
5.98% of assets| Name | Symbol | Weight |
|---|---|---|
| LAMAR TEX CONS INDPT SCH DIST 5.5% | TX.LAMSCD 5.5 02.15.2058 | 0.79% |
| NATIONAL FIN AUTH N H UTIL REV 6.89% | NH.NFAUTL 6.89 04.01.2034 | 0.68% |
| BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 4% | AL.BBEUTL 10.01.2052 | 0.64% |
| SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 5.5% | CA.SFOAPT 5.5 05.01.2055 | 0.60% |
| SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 5% | CA.SFOAPT 5 05.01.2050 | 0.57% |
| LOS ANGELES CALIF DEPT WTR & PWR REV 6.603% | CA.LOSUTL 6.6 07.01.2050 | 0.56% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5.25% | CA.CCEDEV 01.01.2054 | 0.55% |
| LOS ANGELES CALIF DEPT WTR & PWR REV 0% | CA.LOSUTL 07.01.2050 | 0.54% |
| LOS ANGELES CALIF DEPT WTR & PWR REV 0% | CA.LOSUTL 07.01.2055 | 0.54% |
| OKLAHOMA TRANSN AUTH OK F/K/A OKLAHOMA ST TPK AUTH 5.5% | OK.OKSTRN 5.5 01.01.2053 | 0.52% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Apr 30, 2025 | $0.02923 | Apr 30, 2025 |
| Mar 31, 2025 | $0.02979 | Mar 31, 2025 |
| Feb 28, 2025 | $0.02677 | Feb 28, 2025 |
| Jan 31, 2025 | $0.03059 | Jan 31, 2025 |
| Dec 31, 2024 | $0.03062 | Dec 31, 2024 |
| Nov 29, 2024 | $0.02935 | Nov 29, 2024 |