NYLI MacKay Tax Free Bond Class C2 (MTSPX)
| Fund Assets | 9.08B |
| Expense Ratio | 0.86% |
| Min. Investment | $1,000 |
| Turnover | 36.00% |
| Dividend (ttm) | 0.29 |
| Dividend Yield | 3.16% |
| Dividend Growth | 0.44% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Nov 28, 2025 |
| Previous Close | 9.32 |
| YTD Return | 3.21% |
| 1-Year Return | 3.71% |
| 5-Year Return | 0.09% |
| 52-Week Low | 8.66 |
| 52-Week High | 9.34 |
| Beta (5Y) | n/a |
| Holdings | 1075 |
| Inception Date | Aug 31, 2020 |
About MTSPX
NYLI MacKay Tax Free Bond Fund Class C2 is an actively managed municipal bond mutual fund designed to provide current income that is exempt from regular federal income tax. According to the sponsor, the strategy emphasizes relative value across the muni market, using bottom-up credit analysis, yield-curve positioning, and sector rotation, with a focus on investment-grade securities and without employing leverage or explicit interest-rate bets. The portfolio typically invests at least 80% of assets in investment-grade municipal bonds and generally targets longer maturities in the 10–30 year range, aligning with its income objective and interest-rate sensitivity profile. Management highlights risk management and a tenured team with longstanding dealer relationships, supporting execution across diverse municipal sectors. Independent coverage notes a tilt toward higher-yielding revenue sectors, such as electric utilities and special tax revenue bonds, with relatively lower exposure to general-obligation bonds, reflecting the fund’s search for incremental tax-exempt income within investment-grade parameters. The fund distributes income monthly, serving investors seeking federally tax-exempt income from a diversified, professionally managed municipal bond allocation.
Performance
MTSPX had a total return of 3.71% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.09%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
6.51% of assets| Name | Symbol | Weight |
|---|---|---|
| Dreyfus Government Cash Management Fund | DGCXX | 1.18% |
| Energy Southeast A Cooperative District, Series B | AL.ESDPWR 07.01.2054 | 0.74% |
| New Hampshire Business Finance Authority, Series A | NH.NFAUTL 6.89 04.01.2034 | 0.69% |
| Black Belt Energy Gas District, Series B | AL.BBEUTL 10.01.2052 | 0.66% |
| San Francisco City & County Airport Commission, Series A | CA.SFOAPT 5.5 05.01.2055 | 0.62% |
| Los Angeles Department of Water & Power, Series A | CA.LOSUTL 6.6 07.01.2050 | 0.58% |
| California Community Choice Financing Authority, Series C | CA.CCEDEV 01.01.2054 | 0.57% |
| Oklahoma Turnpike Authority | OK.OKSTRN 5.5 01.01.2053 | 0.53% |
| FHLMC Multifamily VRD Certificates, Series ML-27 | OT.FEDMFH 08.25.2041 | 0.47% |
| Hillsborough County Aviation Authority, Series B | FL.HILTRN 5.5 10.01.2054 | 0.47% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Nov 28, 2025 | $0.02403 | Nov 28, 2025 |
| Oct 31, 2025 | $0.02584 | Oct 31, 2025 |
| Sep 30, 2025 | $0.02409 | Sep 30, 2025 |
| Aug 29, 2025 | $0.0251 | Aug 29, 2025 |
| Jul 31, 2025 | $0.02469 | Jul 31, 2025 |
| Jun 30, 2025 | $0.02519 | Jun 30, 2025 |