NYLI MacKay Total Return Bond Class A (MTMAX)
| Fund Assets | 429.96M |
| Expense Ratio | 0.85% |
| Min. Investment | $15,000 |
| Turnover | 101.00% |
| Dividend (ttm) | 0.44 |
| Dividend Yield | 4.57% |
| Dividend Growth | 4.90% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 31, 2025 |
| Previous Close | 9.22 |
| YTD Return | 4.05% |
| 1-Year Return | 3.55% |
| 5-Year Return | -4.00% |
| 52-Week Low | 8.93 |
| 52-Week High | 9.50 |
| Beta (5Y) | n/a |
| Holdings | 441 |
| Inception Date | Jan 2, 2004 |
About MTMAX
NYLI MacKay Total Return Bond Fund Class A is an actively managed mutual fund in the intermediate core-plus bond category. Its primary objective is to achieve total return through a diversified portfolio made up predominantly of investment-grade U.S. fixed-income securities—including government bonds, corporate debt, and securitized instruments. The fund maintains the flexibility to complement its core holdings with non-core sectors such as high-yield bonds, bank loans, emerging-markets debt, and securities denominated in foreign currencies, allowing for enhanced yield opportunities and broader risk management. At least 80% of assets are invested in bonds, with more than 65% in investment-grade debt as defined by major rating agencies. It employs a dynamic, research-driven process that combines top-down macroeconomic analysis with bottom-up credit screening, seeking to identify attractive risk-adjusted return opportunities while mitigating uncompensated risks. With over 400 holdings, monthly dividends, and a focus on balancing income and long-term capital appreciation, this fund plays a versatile role for investors seeking regular income and diversified exposure within the fixed-income market.
Performance
MTMAX had a total return of 3.55% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.15%.
Top 10 Holdings
24.89% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury Notes 4% | T.4 04.30.32 | 9.59% |
| United States Treasury Notes 4.625% | T.4.625 02.15.35 | 3.70% |
| Pound Sterling | n/a | 2.45% |
| United States Treasury Notes 3.875% | T.3.875 04.30.30 | 2.32% |
| Us Dollar | n/a | 2.29% |
| Mainstay Funds Trust - Main US Government Liquidity Fund | MUSXX | 1.68% |
| United States Treasury Bonds 4.75% | T.4.75 02.15.45 | 0.98% |
| Lloyds Banking Group PLC 4.582% | LLOYDS.4.582 12.10.25 | 0.73% |
| First Horizon Corporation 4% | FHN.4 05.26.25 | 0.58% |
| Federal Home Loan Mortgage Corp. 5.5% | FR.SD8342 | 0.58% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 31, 2025 | $0.0329 | Jul 31, 2025 |
| Jun 30, 2025 | $0.0361 | Jun 30, 2025 |
| May 30, 2025 | $0.0356 | May 30, 2025 |
| Apr 30, 2025 | $0.0354 | Apr 30, 2025 |
| Mar 31, 2025 | $0.0392 | Mar 31, 2025 |
| Feb 28, 2025 | $0.0361 | Feb 28, 2025 |