NYLI MacKay Strategic Muni Allc Cl R6 (MTFHX)
| Fund Assets | 1.98B |
| Expense Ratio | 0.50% |
| Min. Investment | $1,000,000 |
| Turnover | 37.00% |
| Dividend (ttm) | 0.35 |
| Dividend Yield | 3.78% |
| Dividend Growth | -2.13% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 31, 2025 |
| Previous Close | 9.32 |
| YTD Return | -0.09% |
| 1-Year Return | 0.75% |
| 5-Year Return | 5.75% |
| 52-Week Low | 9.08 |
| 52-Week High | 9.63 |
| Beta (5Y) | n/a |
| Holdings | 1061 |
| Inception Date | Jun 28, 2019 |
About MTFHX
NYLI MacKay Strategic Muni Allocation Fund Class R6 is an open-end municipal bond mutual fund designed to provide current income that is exempt from regular federal income tax. The strategy invests, under normal conditions, at least 80% of assets in municipal bonds and maintains a dollar‑weighted average duration typically between three and ten years, aligning it with the muni national intermediate segment. The portfolio emphasizes investment‑grade securities while retaining flexibility to allocate up to a material portion in lower‑rated issues based on relative value assessments and credit research by MacKay Municipal Managers. The fund distributes income monthly and targets a diversified mix across states and sectors within the U.S. municipal market, seeking balance between yield and interest‑rate sensitivity. Since its 2019 inception, it has grown to a multi‑billion‑dollar asset base with over a thousand holdings, reflecting broad exposure and active management of credit, curve positioning, and sector rotation. This share class is tailored for institutional platforms with an expense profile geared to that audience and reporting aligned to Morningstar’s Muni National Intermediate category benchmarks and metrics.
Performance
MTFHX had a total return of 0.75% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.86%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| VWITX | Vanguard | Vanguard Intermediate-Term Tax-Exempt Fund Investor Shares | 0.17% |
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 | $0.02971 | Jul 31, 2025 |
| Jun 30, 2025 | $0.0288 | Jun 30, 2025 |
| May 30, 2025 | $0.02983 | May 30, 2025 |
| Apr 30, 2025 | $0.02877 | Apr 30, 2025 |
| Mar 31, 2025 | $0.02934 | Mar 31, 2025 |
| Feb 28, 2025 | $0.0265 | Feb 28, 2025 |