NYLI MacKay Strategic Muni Allc Cl I (MTFGX)
| Fund Assets | 1.98B |
| Expense Ratio | 0.55% |
| Min. Investment | $1,000,000 |
| Turnover | 37.00% |
| Dividend (ttm) | 0.35 |
| Dividend Yield | 3.73% |
| Dividend Growth | -2.29% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 31, 2025 |
| Previous Close | 9.31 |
| YTD Return | -0.10% |
| 1-Year Return | 0.72% |
| 5-Year Return | 5.71% |
| 52-Week Low | 9.09 |
| 52-Week High | 9.63 |
| Beta (5Y) | n/a |
| Holdings | 1061 |
| 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 0.72% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.85%.
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 |
|---|---|---|
| Jul 31, 2025 | $0.02938 | Jul 31, 2025 |
| Jun 30, 2025 | $0.02849 | Jun 30, 2025 |
| May 30, 2025 | $0.02952 | May 30, 2025 |
| Apr 30, 2025 | $0.02841 | Apr 30, 2025 |
| Mar 31, 2025 | $0.02904 | Mar 31, 2025 |
| Feb 28, 2025 | $0.02626 | Feb 28, 2025 |