NYLI MacKay Tax Free Bond Class C (MTFCX)
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.
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% |
Top 10 Holdings
5.77% of assetsName | 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% |
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 |