NYLI MacKay Strategic Muni Allocation Class A (MTFDX)
| Fund Assets | 2.48B |
| Expense Ratio | 0.77% |
| Min. Investment | $15,000 |
| Turnover | 37.00% |
| Dividend (ttm) | 0.32 |
| Dividend Yield | 3.21% |
| Dividend Growth | -2.80% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Dec 31, 2025 |
| Previous Close | 10.06 |
| YTD Return | 0.50% |
| 1-Year Return | 5.03% |
| 5-Year Return | 12.11% |
| 52-Week Low | 9.32 |
| 52-Week High | 10.07 |
| Beta (5Y) | n/a |
| Holdings | 1242 |
| 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 5.03% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.65%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
7.34% of assets| Name | Symbol | Weight |
|---|---|---|
| Puerto Rico Sales Tax Financing Corp., Series A-2 | PR.PRCGEN 4.33 07.01.2040 | 0.94% |
| Main Street Natural Gas, Inc., Series E | GA.MAIUTL 05.01.2055 | 0.94% |
| Metropolitan Transportation Authority, Series E-1 | NY.MTATRN 11.15.2050 | 0.86% |
| Connecticut State Health & Educational Facilities Authority, Series A-4-1 | CT.CTSHGR 07.01.2049 | 0.86% |
| Black Belt Energy Gas District, Series B | AL.BBEUTL 5 10.01.2035 | 0.81% |
| Kentucky Public Energy Authority, Series B | KY.KYSPWR 01.01.2055 | 0.68% |
| Commonwealth of Puerto Rico | PR.PRC 11.01.2051 | 0.60% |
| Development Authority of Burke County (The), Series 1 | GA.BURPOL 07.01.2049 | 0.57% |
| Southeast Energy Authority A Cooperative District, Series A | AL.SEEPWR 5 11.01.2035 | 0.56% |
| New Hampshire Business Finance Authority, Series 2, Class A-1 | NH.NFADEV 11.20.2042 | 0.52% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 31, 2025 | $0.02742 | Dec 31, 2025 |
| Nov 28, 2025 | $0.02646 | Nov 28, 2025 |
| Oct 31, 2025 | $0.02759 | Oct 31, 2025 |
| Sep 30, 2025 | $0.02646 | Sep 30, 2025 |
| Aug 29, 2025 | $0.02737 | Aug 29, 2025 |
| Jul 31, 2025 | $0.0274 | Jul 31, 2025 |