NYLI MacKay Total Return Bond Investor Class (MTMNX)
| Fund Assets | 429.96M |
| Expense Ratio | 1.05% |
| Min. Investment | $1,000 |
| Turnover | 101.00% |
| Dividend (ttm) | 0.41 |
| Dividend Yield | 4.30% |
| Dividend Growth | 4.51% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 31, 2025 |
| Previous Close | 9.27 |
| YTD Return | 4.40% |
| 1-Year Return | 3.78% |
| 5-Year Return | -1.67% |
| 52-Week Low | 8.99 |
| 52-Week High | 9.56 |
| Beta (5Y) | n/a |
| Holdings | 441 |
| Inception Date | Feb 28, 2008 |
About MTMNX
NYLI MacKay Total Return Bond Fund Investor Class is a mutual fund that primarily focuses on achieving total return through a diversified portfolio of fixed-income securities. Managed by New York Life Investment Management LLC and co-managed by MacKay Shields LLC, the fund employs both top-down and bottom-up investment approaches, integrating macroeconomic analysis with comprehensive credit screening to assess risks and opportunities. It primarily invests in investment-grade U.S. fixed-income assets, including government, corporate, and securitized debt, but also retains flexibility to allocate up to 20% of its assets to bonds denominated in foreign currencies and to hold select non-investment-grade instruments. The fund targets a duration within 2.5 years (plus or minus) of the Bloomberg U.S. Aggregate Bond Index, serving as a benchmark for performance and interest rate risk. By combining a disciplined, multi-factor screening process with dynamic sector allocation, the fund seeks to optimize risk-adjusted returns across varying market conditions. It is positioned within the intermediate core-plus bond category, making it relevant for investors seeking stable income and diversification within the broader fixed-income market.
Performance
MTMNX had a total return of 3.78% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.87%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FGBPX | Fidelity | Fidelity Advisor Investment Grade Bond Fund - Class I | 0.50% |
| FSMTX | Fidelity | Fidelity SAI Total Bond Fund | 0.29% |
| FGBCX | Fidelity | Fidelity Advisor Investment Grade Bond Fund - Class C | 1.52% |
| FGBTX | Fidelity | Fidelity Advisor Investment Grade Bond Fund - Class M | 0.74% |
| FTKFX | Fidelity | Fidelity Total Bond K6 Fund | 0.30% |
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 | $0.0305 | Jul 31, 2025 |
| Jun 30, 2025 | $0.0339 | Jun 30, 2025 |
| May 30, 2025 | $0.0336 | May 30, 2025 |
| Apr 30, 2025 | $0.0336 | Apr 30, 2025 |
| Mar 31, 2025 | $0.0373 | Mar 31, 2025 |
| Feb 28, 2025 | $0.0343 | Feb 28, 2025 |