NYLI MacKay Oregon Muni Class A (ORTBX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
10.25
0.00 (0.00%)
Sep 12, 2025, 4:00 PM EDT
Fund Assets273.42M
Expense Ration/a
Min. Investment$15,000
Turnover23.00%
Dividend (ttm)0.30
Dividend Yield2.83%
Dividend Growthn/a
Payout FrequencyMonthly
Ex-Dividend DateAug 29, 2025
Previous Close10.25
YTD Return0.86%
1-Year Return0.03%
5-Year Returnn/a
52-Week Low9.85
52-Week High10.42
Beta (5Y)n/a
Holdings164
Inception Daten/a

About ORTBX

The New York Life MacKay Municipal Opportunities Fund is a closed-end interval fund designed to provide investors with current income that is generally exempt from federal income tax. Its primary function is to invest in a dynamic portfolio of municipal securities, with an investment-grade orientation but the flexibility to allocate up to 50% of assets to high-yield municipal bonds. This flexibility enables the fund to seek enhanced tax-exempt income through active municipal security selection and the strategic use of leverage. The interval fund structure permits daily purchases while offering periodic, limited repurchases, allowing the fund to hold less-liquid, longer-term securities that can offer higher risk-adjusted return opportunities compared to traditional open-end mutual funds or ETFs. The fund plays a significant role for investors seeking exposure to municipal fixed income with the potential for higher tax-exempt yields, all while navigating the unique risks associated with municipal credit, leverage, and the evolving legislative environment.

Fund Family New York Life Investment Management LLC
Category Muni Single State Interm
Performance Rating Average
Risk Rating Low
Stock Exchange NASDAQ
Ticker Symbol ORTBX

Performance

ORTBX had a total return of 0.03% in the past year, including dividends. Since the fund's inception, the average annual return has been 0.99%.

Top 10 Holdings

19.29% of assets
NameSymbolWeight
Port of Portland, Series 30-AOR.PTPAPT 5.25 07.01.20452.92%
Jackson County School District No. 5 AshlandOR.JACSCD 5 06.15.20422.16%
Oregon State Business Development Commission, Series 232OR.ORSDEV 12.01.20402.13%
Dreyfus Government Cash Management - Institutional Sharesn/a1.96%
Oregon Health & Science University, Series B-2OR.ORSHGR 07.01.20461.88%
State of Oregon Housing & Community Services Department, Series AOR.ORSHSG 4 07.01.20511.79%
State of Oregon Department of Transportation, Series AOR.ORSTRN 5 11.15.20391.72%
Deschutes County Administrative School District No. 1 Bend-La PineOR.DESSCD 4 06.15.20451.69%
Port of Portland, Series 27-AOR.PTPAPT 5 07.01.20351.58%
Hillsboro School District No. 1JOR.WASSCD 5 06.15.20311.46%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Aug 29, 2025$0.02604Aug 29, 2025
Jul 31, 2025$0.02569Jul 31, 2025
Jun 30, 2025$0.02362Jun 30, 2025
May 30, 2025$0.02415May 30, 2025
Apr 30, 2025$0.02308Apr 30, 2025
Mar 31, 2025$0.02346Mar 31, 2025
Full Dividend History