NYLI MacKay Strategic Muni Allc Cl A (MTFDX)
| Fund Assets | 2.06B |
| Expense Ratio | 0.77% |
| Min. Investment | $15,000 |
| Turnover | 37.00% |
| Dividend (ttm) | 0.32 |
| Dividend Yield | 3.26% |
| Dividend Growth | -1.94% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 9.50 |
| YTD Return | 1.54% |
| 1-Year Return | 1.42% |
| 5-Year Return | 7.04% |
| 52-Week Low | 9.10 |
| 52-Week High | 9.65 |
| Beta (5Y) | n/a |
| Holdings | 1061 |
| 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 1.42% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.90%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
8.48% of assets| Name | Symbol | Weight |
|---|---|---|
| PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.329% | PR.PRCGEN 4.33 07.01.2040 | 1.19% |
| MAIN STR NAT GAS INC GA GAS SUPPLY REV 5% | GA.MAIUTL 05.01.2055 | 1.17% |
| LOS ANGELES CALIF DEPT WTR & PWR REV 0% | CA.LOSUTL 07.01.2035 | 0.98% |
| BURKE CNTY GA DEV AUTH POLLUTN CTL REV 0% | GA.BURPOL 11.01.2052 | 0.94% |
| KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 5% | KY.KYSPWR 01.01.2055 | 0.85% |
| SOUTHEAST ENERGY AUTH COOP DIST ALA ENERGY SUPPLY REV 5% | AL.SEEPWR 5 11.01.2035 | 0.71% |
| PUERTO RICO COMWLTH 0% | PR.PRC 11.01.2051 | 0.71% |
| TEXAS MUN GAS ACQUISITION & SUPPLY CORP V GAS SUPPLY REV 5% | TX.TXSUTL 01.01.2055 | 0.70% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5.25% | CA.CCEDEV 01.01.2054 | 0.63% |
| MISSOURI ST HSG DEV COMMN SINGLE FAMILY MTG REV 6.5% | MO.MOSHSG 6.5 05.01.2054 | 0.59% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| 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 |
| Mar 31, 2025 | $0.02704 | Mar 31, 2025 |