NYLI MacKay Strategic Muni Allc Cl C (MTFFX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
9.50
0.00 (0.00%)
Oct 13, 2025, 4:00 PM EDT
Fund Assets2.23B
Expense Ratio1.28%
Min. Investment$1,000
Turnover37.00%
Dividend (ttm)0.30
Dividend Yield3.12%
Dividend Growth-2.59%
Payout FrequencyMonthly
Ex-Dividend DateSep 30, 2025
Previous Close9.50
YTD Return1.66%
1-Year Return1.57%
5-Year Return5.38%
52-Week Low9.09
52-Week High9.59
Beta (5Y)n/a
Holdings1147
Inception DateJun 28, 2019

About MTFFX

NYLI MacKay Strategic Muni Allocation Fund Class C is an open-end municipal bond mutual fund focused on providing current income that is exempt from regular federal income tax. The strategy primarily invests in investment-grade municipal securities while maintaining flexibility to allocate a minority sleeve to high-yield issues to enhance income, guided by relative value analysis across sectors and the yield curve. The portfolio targets an intermediate interest-rate profile, historically managed to a dollar-weighted average duration in the mid range to balance income and rate sensitivity. Managed by MacKay Municipal Managers, the fund emphasizes credit research, sector rotation, and yield-curve positioning, leveraging a long-tenured team and dealer relationships in the muni market. Within the national intermediate muni category, the strategy is designed to diversify exposure across states and sectors such as general obligation, transportation, utilities, and healthcare, with ongoing monthly income distributions typical for the share class family. Class C shares include a contingent deferred sales charge if redeemed within one year and are structured for investors prioritizing level-load pricing over front-end sales charges.

Fund Family New York Life Investment Management LLC
Category Muni National Interm
Performance Rating Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol MTFFX
Share Class Class C
Index Bloomberg 1-15 Y Municipal Blend TR

Performance

MTFFX had a total return of 1.57% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.53%.

Equivalent Funds

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

SymbolProviderNameExpense Ratio
VWITXVanguardVanguard Interm-Term Tx-Ex Inv0.17%

Other Share Classes

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

SymbolShare ClassExpense Ratio
MTFHXClass R60.50%
MTFGXClass I0.55%
MTFDXClass A0.77%
MTFEXInvestor Class1.03%

Top 10 Holdings

9.30% of assets
NameSymbolWeight
Dreyfus Government Cash Management FundDGCXX2.76%
Main Street Natural Gas, Inc., Series EGA.MAIUTL 05.01.20551.07%
Puerto Rico Sales Tax Financing Corp., Series A-2PR.PRCGEN 4.33 07.01.20401.06%
Kentucky Public Energy Authority, Series BKY.KYSPWR 01.01.20550.77%
Commonwealth of Puerto RicoPR.PRC 11.01.20510.66%
Texas Municipal Gas Acquisition & Supply Corp. VTX.TXSUTL 01.01.20550.64%
Southeast Energy Authority A Cooperative District, Series AAL.SEEPWR 5 11.01.20350.64%
Tarrant County Cultural Education Facilities Finance Corp., Series CTX.TAREDU 11.15.20640.58%
California Community Choice Financing Authority, Series CCA.CCEDEV 01.01.20540.57%
Development Authority of Burke County (The), Series 1GA.BURPOL 11.01.20520.56%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Sep 30, 2025$0.02408Sep 30, 2025
Aug 29, 2025$0.02494Aug 29, 2025
Jul 31, 2025$0.02497Jul 31, 2025
Jun 30, 2025$0.0242Jun 30, 2025
May 30, 2025$0.02512May 30, 2025
Apr 30, 2025$0.02415Apr 30, 2025
Full Dividend History