NYLI MacKay Short Term Muni Investor Cl (MYTBX)
| Fund Assets | 1.06B |
| Expense Ratio | 1.03% |
| Min. Investment | $1,000 |
| Turnover | 48.00% |
| Dividend (ttm) | 0.26 |
| Dividend Yield | 2.79% |
| Dividend Growth | 2.82% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 30, 2025 |
| Previous Close | 9.39 |
| YTD Return | 1.86% |
| 1-Year Return | 1.71% |
| 5-Year Return | 3.01% |
| 52-Week Low | 9.16 |
| 52-Week High | 9.44 |
| Beta (5Y) | 0.09 |
| Holdings | 334 |
| 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 1.71% in the past year, including dividends. Since the fund's inception, the average annual return has been 0.84%.
Top 10 Holdings
14.31% of assets| Name | Symbol | Weight |
|---|---|---|
| Dreyfus Government Cash Management Fund | DGCXX | 2.86% |
| Matching Fund Special Purpose Securitization Corp., Series A | VI.MFCFAC 5 10.01.2026 | 1.59% |
| City of Detroit, Series D | MI.DETUTL 07.01.2032 | 1.36% |
| Nash Health Care Systems | NC.NASMED 5 02.01.2032 | 1.33% |
| New York City Housing Development Corp., Class A | NY.NYCMFH 5.46 12.15.2031 | 1.30% |
| Arizona Industrial Development Authority, Series A | AZ.AZSEDU 5 11.01.2029 | 1.30% |
| Arizona Health Facilities Authority, Series B | AZ.AZSMED 01.01.2046 | 1.21% |
| New Jersey Transportation Trust Fund Authority, Series A-1 | NJ.NJSTRN 5 06.15.2027 | 1.14% |
| Indianapolis Local Public Improvement Bond Bank, Series B-2 | IN.INPBBK 5 01.01.2029 | 1.13% |
| Texas Municipal Gas Acquisition and Supply Corp. II, Series C | TX.TXSUTL 09.15.2027 | 1.09% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 30, 2025 | $0.02119 | Sep 30, 2025 |
| 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 |