NYLI MacKay Oregon Muni Class Z (ORTFX)
| Fund Assets | 274.69M |
| Expense Ratio | 0.70% |
| Min. Investment | $1,000 |
| Turnover | 23.00% |
| Dividend (ttm) | 0.31 |
| Dividend Yield | 2.84% |
| Dividend Growth | 10.02% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 10.45 |
| YTD Return | -1.53% |
| 1-Year Return | 2.38% |
| 5-Year Return | -1.33% |
| 52-Week Low | 9.90 |
| 52-Week High | 10.78 |
| Beta (5Y) | n/a |
| Holdings | 150 |
| Inception Date | Jun 16, 1986 |
About ORTFX
NYLI MacKay Oregon Muni Fund Class Z is a tax-exempt municipal bond mutual fund designed to provide current income by investing at least 80% of its assets in municipal bonds that are exempt from both federal and Oregon state income taxes. The fund primarily targets bonds issued by state and local governments within Oregon, supporting public infrastructure and development projects. Its management emphasizes credit analysis, yield curve positioning, and sector rotation to identify value opportunities while prioritizing risk mitigation, explicitly avoiding leverage and interest rate speculation. Led by a long-tenured and experienced investment team, the fund is tailored for investors seeking tax-advantaged income, particularly Oregon residents. The fund's single-state focus means its performance may be influenced by regional economic conditions and legislative changes affecting Oregon municipalities, but it serves a dedicated role in portfolios aiming for tax-efficient, intermediate-term income exposure through municipal securities.
Performance
ORTFX had a total return of 2.38% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.39%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.0272 | Jan 30, 2026 |
| Dec 31, 2025 | $0.02707 | Dec 31, 2025 |
| Nov 28, 2025 | $0.02589 | Nov 28, 2025 |
| Oct 31, 2025 | $0.02675 | Oct 31, 2025 |
| Sep 30, 2025 | $0.02593 | Sep 30, 2025 |
| Aug 29, 2025 | $0.02689 | Aug 29, 2025 |