NYLI MacKay Total Return Bond Inv Class (MTMNX)
| Fund Assets | 441.88M |
| Expense Ratio | 1.05% |
| Min. Investment | $1,000 |
| Turnover | 101.00% |
| Dividend (ttm) | 0.41 |
| Dividend Yield | 4.24% |
| Dividend Growth | 3.19% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 9.33 |
| YTD Return | 5.64% |
| 1-Year Return | 3.08% |
| 5-Year Return | -0.07% |
| 52-Week Low | 8.99 |
| 52-Week High | 9.56 |
| Beta (5Y) | n/a |
| Holdings | 437 |
| 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 3.08% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.93%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
27.97% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury Notes 4% | T.4 04.30.32 | 9.49% |
| United States Treasury Notes 3.875% | T.3.875 04.30.30 | 5.35% |
| United States Treasury Notes 4.25% | T.4.25 05.15.35 | 4.52% |
| United States Treasury Bonds 5% | T.5 05.15.45 | 2.04% |
| United States Treasury Notes 3.75% | T.3.75 04.30.27 | 1.87% |
| United States Treasury Notes 3.75% | T.3.75 04.15.28 | 1.81% |
| Mainstay Funds Trust - Main US Government Liquidity Fund | MUSXX | 1.03% |
| Federal National Mortgage Association 2% | FN.MA4562 | 0.71% |
| Lloyds Banking Group PLC 4.582% | LLOYDS.4.582 12.10.25 | 0.66% |
| Federal Home Loan Mortgage Corp. 5.5% | FR.SD8342 | 0.51% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 29, 2025 | $0.034 | Aug 29, 2025 |
| 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 |