NYLI MacKay Strategic Muni Allocation Class I (MTFGX)
| Fund Assets | 2.41B |
| Expense Ratio | 0.55% |
| Min. Investment | $1,000,000 |
| Turnover | 37.00% |
| Dividend (ttm) | 0.35 |
| Dividend Yield | 3.64% |
| Dividend Growth | -2.50% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Nov 28, 2025 |
| Previous Close | 9.54 |
| YTD Return | 4.54% |
| 1-Year Return | 5.10% |
| 5-Year Return | 8.65% |
| 52-Week Low | 8.87 |
| 52-Week High | 9.54 |
| Beta (5Y) | n/a |
| Holdings | 1242 |
| Inception Date | Jun 28, 2019 |
About MTFGX
NYLI MacKay Strategic Muni Allocation Fund Class I is an open‑end municipal bond mutual fund designed to provide current income that is generally exempt from regular federal income tax. The strategy centers on an intermediate‑term profile, typically targeting a portfolio duration within the mid‑range of the muni curve, and maintains a core emphasis on investment‑grade securities while retaining flexibility to allocate a meaningful sleeve to high yield municipal bonds when relative value warrants. Managed by MacKay Municipal Managers, the fund employs active asset allocation across credit tiers, sectors, and the yield curve, supported by fundamental credit analysis and tactical positioning. Its investable universe spans revenue and general obligation bonds, including sectors such as essential services, transportation, and tax‑backed issuers common to the U.S. municipal market. The fund’s role in the market is to offer a turnkey, dynamically managed municipal allocation that blends stability from higher‑quality bonds with opportunistic exposure to lower‑rated issues to enhance risk‑adjusted, after‑tax income potential for taxable investors seeking intermediate municipal exposure.
Performance
MTFGX had a total return of 5.10% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.53%.
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 |
|---|---|---|
| Nov 28, 2025 | $0.02844 | Nov 28, 2025 |
| Oct 31, 2025 | $0.02962 | Oct 31, 2025 |
| Sep 30, 2025 | $0.02841 | Sep 30, 2025 |
| Aug 29, 2025 | $0.02936 | Aug 29, 2025 |
| Jul 31, 2025 | $0.02938 | Jul 31, 2025 |
| Jun 30, 2025 | $0.02849 | Jun 30, 2025 |