NYLI MacKay Tax Free Bond Class C (MTFCX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
9.30
-0.01 (-0.11%)
Jan 31, 2025, 2:17 PM EST
-1.48%
Fund Assets 8.29B
Expense Ratio 2.24%
Min. Investment $1,000
Turnover n/a
Dividend (ttm) 0.31
Dividend Yield 3.31%
Dividend Growth 2.68%
Payout Frequency Monthly
Ex-Dividend Date Jan 31, 2025
Previous Close 9.31
YTD Return -0.11%
1-Year Return 1.53%
5-Year Return 0.99%
52-Week Low n/a
52-Week High n/a
Beta (5Y) n/a
Holdings 1123
Inception Date Sep 1, 1998

About MTFCX

MTFCX was founded on 1998-09-01. The Fund's investment strategy focuses on Gen & Ins Muni with 1.01% total expense ratio. The minimum amount to invest in MainStay Funds: MainStay MacKay Tax Free Bond Fund; Class C Shares is $1,000 on a standard taxable account. MainStay Funds: MainStay MacKay Tax Free Bond Fund; Class C Shares seeks current income exempt from regular federal income tax. MTFCX 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.

Category Muni National Long
Performance Rating Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol MTFCX
Share Class Class C
Index Bloomberg Municipal Bond TR

Performance

MTFCX had a total return of 1.53% in the past year. Since the fund's inception, the average annual return has been 3.13%, including dividends.

Equivalent Funds

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

Symbol Provider Name Expense Ratio
FMBIX Fidelity Fidelity Municipal Bond Index Fund 0.07%
FUENX Fidelity Fidelity Flex Municipal Income Fund n/a
FKISX Fidelity Fidelity Advisor Municipal Income Fund - Class C 1.50%
FSMNX Fidelity Fidelity SAI Municipal Income Fund 0.35%
FSAJX Fidelity Fidelity SAI Tax-Free Bond Fund 0.25%

Other Share Classes

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

Symbol Share Class Expense Ratio
MTSPX Class C2 0.86%
MTBIX Class I 0.86%
MKINX Investor Class 1.18%
MKTBX Class B 1.38%

Top 10 Holdings

5.77% of assets
Name Symbol Weight
BLACKROCK MUN 2030 TARGET TERM TR 0% OT BIEGEN 12.31.2030 0.78%
LAMAR TEX CONS INDPT SCH DIST 5.5% TX LAMSCD 5.5 02.15.2058 0.77%
CALIFORNIA ST UNIV REV 5.5% CA CASHGR 5.5 11.01.2055 0.69%
BlackRock Liquidity Funds - MuniCash MCSXX 0.64%
SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 5% CA SFOAPT 5 05.01.2050 0.56%
ENERGY SOUTHEAST ALA COOP DIST ENERGY SUPPLY REV 5.25% AL ESDPWR 07.01.2054 0.52%
OKLAHOMA TRANSN AUTH OK F/K/A OKLAHOMA ST TPK AUTH 5.5% OK OKSTRN 5.5 01.01.2053 0.51%
SAN ANTONIO TEX WTR REV 5.25% TX SANWTR 5.25 05.15.2052 0.45%
BURKE CNTY GA DEV AUTH POLLUTN CTL REV 0% GA BURPOL 11.01.2052 0.43%
BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 4% AL BBEUTL 10.01.2052 0.42%
View More Holdings

Dividend History

Ex-Dividend Amount Pay Date
Jan 31, 2025 $0.02627 Jan 31, 2025
Dec 31, 2024 $0.02622 Dec 31, 2024
Nov 29, 2024 $0.02521 Nov 29, 2024
Oct 31, 2024 $0.02571 Oct 31, 2024
Sep 30, 2024 $0.02509 Sep 30, 2024
Aug 30, 2024 $0.0259 Aug 30, 2024
Full Dividend History