NYLI MacKay Strategic Muni Allocation Class I (MTFGX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD

9.46

0.00 (0.00%)

At close: Aug 10, 2026

1.50% (1Y)

Fund Assets	2.71B
Expense Ratio	0.55%
Min. Investment	$1,000,000
Turnover	47.00%
Dividend (ttm)	0.35
Dividend Yield	3.66%
Dividend Growth	-0.34%
Payout Frequency	Monthly
Ex-Dividend Date	Jul 31, 2026

Previous Close	9.46
YTD Return	1.17%
1-Year Return	5.25%
5-Year Return	8.29%
52-Week Low	9.31
52-Week High	9.71
Beta (5Y)	n/a
Holdings	1379
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.

Fund Family New York Life Investment Management LLC

Category Muni National Interm

Performance Rating High

Risk Rating Below Average

Stock Exchange NASDAQ

Ticker Symbol MTFGX

Share Class Class I

Index Bloomberg 1-15 Y Municipal Blend TR

Performance

MTFGX had a total return of 5.25% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.64%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
MTFHX	Class R6	0.50%
MTFDX	Class A	0.77%
MTFEX	Investor Class	1.03%
MTFFX	Class C	1.28%

Dividend History

Ex-Dividend	Amount	Pay Date
Jul 31, 2026	$0.0293	Jul 31, 2026
Jun 30, 2026	$0.02841	Jun 30, 2026
May 29, 2026	$0.02962	May 29, 2026
Apr 30, 2026	$0.02883	Apr 30, 2026
Mar 31, 2026	$0.0292	Mar 31, 2026
Feb 27, 2026	$0.02669	Feb 27, 2026

Full Dividend History