NYLI MacKay Short Term Muni Investor Cl (MYTBX)
| Fund Assets | 1.02B |
| Expense Ratio | 1.03% |
| Min. Investment | $1,000 |
| Turnover | 48.00% |
| Dividend (ttm) | 0.26 |
| Dividend Yield | 2.79% |
| Dividend Growth | 4.08% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 9.41 |
| YTD Return | 2.08% |
| 1-Year Return | 1.84% |
| 5-Year Return | 3.18% |
| 52-Week Low | 9.16 |
| 52-Week High | 9.43 |
| Beta (5Y) | 0.09 |
| Holdings | 303 |
| Inception Date | Feb 28, 2008 |
About MYTBX
NYLI MacKay Short Term Muni Fund Investor Class is an open‑end municipal bond mutual fund focused on generating current income that is generally exempt from regular federal income tax. The fund primarily invests in short‑maturity, investment‑grade municipal securities, positioning the portfolio with limited interest‑rate sensitivity consistent with the muni national short category. It employs a relative‑value approach grounded in deep credit and market analysis, supported by a tenured municipal team with longstanding dealer relationships, to identify opportunities across states and sectors while maintaining a high‑quality bias. The strategy targets a short duration profile, seeking to reduce volatility compared with longer‑dated muni funds, and emphasizes diversified exposure to essential‑service revenue bonds and general obligation issuers. Within the broader fixed income market, the fund serves as a tax‑efficient core short‑term municipal allocation for investors seeking federally tax‑advantaged income and capital preservation characteristics, complementing cash and ultra‑short holdings while offering potential diversification benefits versus taxable bonds.
Performance
MYTBX had a total return of 1.84% in the past year, including dividends. Since the fund's inception, the average annual return has been 0.86%.
Top 10 Holdings
15.73% of assets| Name | Symbol | Weight |
|---|---|---|
| Dreyfus Govt Cash Mgmt Inst Shares - Fund 289 | n/a | 3.78% |
| MATCHING FD SPL PURP SECURITIZATION CORP VIRGIN IS 5% | VI.MFCFAC 5 10.01.2026 | 1.71% |
| LOS ANGELES CALIF DEPT WTR & PWR REV 0% | CA.LOSUTL 07.01.2055 | 1.54% |
| DETROIT MICH SEW DISP REV 0% | MI.DETUTL 07.01.2032 | 1.45% |
| ARIZONA INDL DEV AUTH NATL CHARTER SCH REVOLVING LN FD REV 5% | AZ.AZSEDU 5 11.01.2029 | 1.38% |
| ARIZONA HEALTH FACS AUTH REV 0% | AZ.AZSMED 01.01.2046 | 1.30% |
| TEXAS MUN GAS ACQUISITION & SUPPLY CORP II GAS SUPPLY REV 0% | TX.TXSUTL 09.15.2027 | 1.16% |
| SOUTHEAST ENERGY AUTH COMMODITY SUPPLY REV ALA 5.5% | AL.SEEPWR 01.01.2053 | 1.16% |
| BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 5.5% | AL.BBEUTL 11.01.2053 | 1.14% |
| CALIFORNIA STATEWIDE CMNTYS DEV AUTH POLLUTION CTL REV 1.75% | CA.CASPOL 1.75 09.01.2029 | 1.11% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 29, 2025 | $0.02219 | Aug 29, 2025 |
| Jul 31, 2025 | $0.0221 | Jul 31, 2025 |
| Jun 30, 2025 | $0.02206 | Jun 30, 2025 |
| May 30, 2025 | $0.02252 | May 30, 2025 |
| Apr 30, 2025 | $0.02242 | Apr 30, 2025 |
| Mar 31, 2025 | $0.02268 | Mar 31, 2025 |