NYLI MacKay Oregon Muni Class C (ORTCX)
| Fund Assets | 274.69M |
| Expense Ratio | 1.55% |
| Min. Investment | $1,000 |
| Turnover | 23.00% |
| Dividend (ttm) | 0.27 |
| Dividend Yield | 2.54% |
| Dividend Growth | 23.59% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 10.45 |
| YTD Return | 1.49% |
| 1-Year Return | 5.27% |
| 5-Year Return | -1.57% |
| 52-Week Low | 9.62 |
| 52-Week High | 10.45 |
| Beta (5Y) | 0.20 |
| Holdings | 150 |
| Inception Date | Apr 5, 1996 |
About ORTCX
NYLI MacKay Oregon Muni Fund Class C is an open-end municipal bond mutual fund focused on generating current income that is exempt from federal and Oregon state income taxes. According to New York Life Investments, the portfolio invests at least 80% of assets in Oregon municipal securities, employing a relative value approach that blends credit analysis, yield-curve positioning, and sector rotation, while avoiding leverage and large interest-rate bets to emphasize risk management. The fund targets the single-state intermediate municipal segment, with characteristics such as a moderate duration profile and monthly distributions typical for this category. Management is led by a tenured municipal team with decades of experience and established dealer relationships, supporting research-driven security selection and liquidity access. The strategy serves Oregon-focused taxpayers and institutions seeking tax-advantaged income and diversified exposure to state and local issuers that finance public infrastructure and essential services. Class C shares carry a contingent deferred sales charge if redeemed within one year, reflecting the share class’s distribution structure and ongoing expenses disclosed by the sponsor.
Performance
ORTCX had a total return of 5.27% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.13%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.02377 | Jan 30, 2026 |
| Dec 31, 2025 | $0.02366 | Dec 31, 2025 |
| Nov 28, 2025 | $0.02257 | Nov 28, 2025 |
| Oct 31, 2025 | $0.02323 | Oct 31, 2025 |
| Sep 30, 2025 | $0.02258 | Sep 30, 2025 |
| Aug 29, 2025 | $0.02352 | Aug 29, 2025 |