NYLIM MacKay Strategic Muni Allc Cl C2 (MTFMX)

Fund Assets	2.54B
Expense Ratio	1.201%
Min. Investment	$1,000
Turnover	47.00%
Dividend (ttm)	0.28
Dividend Yield	3.11%
Dividend Growth	-0.12%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	9.06
YTD Return	-2.99%
1-Year Return	-1.85%
5-Year Return	n/a
52-Week Low	8.92
52-Week High	9.71
Beta (5Y)	n/a
Holdings	1352
Inception Date	n/a

About MTFMX

NYLI MacKay Strategic Muni Allocation Fund Class C2 is an open‑end municipal bond mutual fund designed to deliver current income that is generally exempt from regular federal income tax. Managed by MacKay Municipal Managers, the strategy employs a flexible, relative‑value approach that combines credit analysis, yield‑curve positioning, and sector rotation across the municipal market. The mandate is primarily investment grade but can opportunistically allocate up to a portion in high yield to enhance income, within defined risk parameters. The fund targets the Muni National Intermediate segment, benchmarking against the Bloomberg Municipal Bond Index 1–15 Year Blend, with a portfolio structure that emphasizes intermediate effective maturity and duration. It distributes income monthly, reflecting its income‑oriented profile for investors seeking tax‑advantaged cash flows. With a broad, diversified holdings base and active risk management, the fund aims to navigate shifting municipal credit conditions and rate environments while prioritizing after‑tax efficiency within the U.S. municipal debt market.

• Fund Family: New York Life Investment Management LLC
• Category: Muni National Interm
• Performance Rating: Average
• Risk Rating: Below Average
• Stock Exchange: Nasdaq
• Ticker Symbol: MTFMX

Performance

MTFMX had a total return of -1.85% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.94%.

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.02398	Sep 30, 2026
Aug 31, 2026	$0.0239	Aug 31, 2026
Jul 31, 2026	$0.02377	Jul 31, 2026
Jun 30, 2026	$0.02304	Jun 30, 2026
May 29, 2026	$0.02409	May 29, 2026
Apr 30, 2026	$0.02347	Apr 30, 2026

Data Sources: S&P Global Market Intelligence, Twelve Data, and more

Historical data is provided by S&P Global Market Intelligence. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 15, 2026

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