NYLI MacKay Oregon Muni Class A (ORTBX)
| Fund Assets | 276.89M |
| Expense Ratio | n/a |
| Min. Investment | $2,500 |
| Turnover | 23.00% |
| Dividend (ttm) | 0.30 |
| Dividend Yield | 2.82% |
| Dividend Growth | n/a |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 30, 2025 |
| Previous Close | 10.25 |
| YTD Return | 0.95% |
| 1-Year Return | 0.46% |
| 5-Year Return | n/a |
| 52-Week Low | 9.85 |
| 52-Week High | 10.37 |
| Beta (5Y) | n/a |
| Holdings | 159 |
| Inception Date | n/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.
Performance
ORTBX had a total return of 0.46% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.00%.
Top 10 Holdings
20.01% of assets| Name | Symbol | Weight |
|---|---|---|
| Oregon Health & Science University, Series B-2 | OR.ORSHGR 07.01.2046 | 3.46% |
| Oregon State Business Development Commission, Series 232 | OR.ORSDEV 12.01.2040 | 2.22% |
| Jackson County School District No. 5 Ashland | OR.JACSCD 5 06.15.2042 | 2.21% |
| County of Washington | n/a | 1.89% |
| Port of Portland, Series 30-A | n/a | 1.86% |
| State of Oregon Housing & Community Services Department, Series A | OR.ORSHSG 4 07.01.2051 | 1.76% |
| Washington & Clackamas Counties School District No. 23J Tigard-Tualatin | OR.WASSCD 5 06.15.2030 | 1.68% |
| Deschutes County Administrative School District No. 1 Bend-La Pine | n/a | 1.66% |
| State of Oregon Housing & Community Services Department, Series A | OR.ORSHSG 6.25 07.01.2055 | 1.64% |
| Port of Portland, Series 27-A | OR.PTPAPT 5 07.01.2035 | 1.63% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 30, 2025 | $0.02507 | Sep 30, 2025 |
| Aug 29, 2025 | $0.02604 | Aug 29, 2025 |
| Jul 31, 2025 | $0.02569 | Jul 31, 2025 |
| Jun 30, 2025 | $0.02362 | Jun 30, 2025 |
| May 30, 2025 | $0.02415 | May 30, 2025 |
| Apr 30, 2025 | $0.02308 | Apr 30, 2025 |