NYLI MacKay Strategic Muni Allc Cl A (MTFDX)
| Fund Assets | 2.23B |
| Expense Ratio | 0.77% |
| Min. Investment | $15,000 |
| Turnover | 37.00% |
| Dividend (ttm) | 0.32 |
| Dividend Yield | 3.25% |
| Dividend Growth | -2.03% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 30, 2025 |
| Previous Close | 9.51 |
| YTD Return | 1.75% |
| 1-Year Return | 1.78% |
| 5-Year Return | 7.51% |
| 52-Week Low | 9.10 |
| 52-Week High | 9.61 |
| Beta (5Y) | n/a |
| Holdings | 1147 |
| Inception Date | Jun 28, 2019 |
About MTFDX
NYLI MacKay Strategic Muni Allocation Fund Class A is an open‑end municipal bond mutual fund focused on delivering current income that is exempt from regular federal income tax. The strategy maintains a predominantly investment‑grade profile while retaining a flexible mandate to allocate up to a portion of assets to high yield municipal bonds to pursue relative value across the muni market. Managed by MacKay Municipal Managers, the team emphasizes bottom‑up credit analysis, yield‑curve positioning, and sector rotation to balance income generation with risk management. Under normal conditions, the fund invests at least 80% of assets in municipal securities and targets an intermediate interest‑rate exposure, positioning it within the national municipal intermediate category. The portfolio is broadly diversified across states and revenue sectors, and distributes income on a regular basis. By combining a disciplined credit process with tactical allocation, NYLI MacKay Strategic Muni Allocation Fund Class A serves investors seeking federally tax‑exempt income and diversified municipal bond exposure managed by an experienced team with longstanding dealer relationships.
Performance
MTFDX had a total return of 1.78% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.91%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
9.30% of assets| Name | Symbol | Weight |
|---|---|---|
| Dreyfus Government Cash Management Fund | DGCXX | 2.76% |
| Main Street Natural Gas, Inc., Series E | GA.MAIUTL 05.01.2055 | 1.07% |
| Puerto Rico Sales Tax Financing Corp., Series A-2 | PR.PRCGEN 4.33 07.01.2040 | 1.06% |
| Kentucky Public Energy Authority, Series B | KY.KYSPWR 01.01.2055 | 0.77% |
| Commonwealth of Puerto Rico | PR.PRC 11.01.2051 | 0.66% |
| Texas Municipal Gas Acquisition & Supply Corp. V | TX.TXSUTL 01.01.2055 | 0.64% |
| Southeast Energy Authority A Cooperative District, Series A | AL.SEEPWR 5 11.01.2035 | 0.64% |
| Tarrant County Cultural Education Facilities Finance Corp., Series C | TX.TAREDU 11.15.2064 | 0.58% |
| California Community Choice Financing Authority, Series C | CA.CCEDEV 01.01.2054 | 0.57% |
| Development Authority of Burke County (The), Series 1 | GA.BURPOL 11.01.2052 | 0.56% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 30, 2025 | $0.02646 | Sep 30, 2025 |
| Aug 29, 2025 | $0.02737 | Aug 29, 2025 |
| Jul 31, 2025 | $0.0274 | Jul 31, 2025 |
| Jun 30, 2025 | $0.02657 | Jun 30, 2025 |
| May 30, 2025 | $0.02755 | May 30, 2025 |
| Apr 30, 2025 | $0.02648 | Apr 30, 2025 |