NYLI MacKay Utah Muni Class Z (UTAHX)
| Fund Assets | 200.19M |
| Expense Ratio | 0.87% |
| Min. Investment | $1,000 |
| Turnover | 74.00% |
| Dividend (ttm) | 0.35 |
| Dividend Yield | 3.49% |
| Dividend Growth | 8.64% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | n/a |
| Previous Close | 9.73 |
| YTD Return | 2.11% |
| 1-Year Return | 6.43% |
| 5-Year Return | 2.55% |
| 52-Week Low | 9.36 |
| 52-Week High | 9.85 |
| Beta (5Y) | 0.21 |
| Holdings | 161 |
| Inception Date | Jul 24, 1992 |
About UTAHX
NYLI MacKay Utah Muni Fund Class Z is an open‑end municipal bond fund focused on generating current income that is exempt from federal and Utah state income taxes. The portfolio primarily invests at least 80% of assets in investment‑grade municipal obligations issued by Utah state and local entities, financing public projects such as transportation, education, airports, housing, and utilities. The strategy emphasizes relative value, combining fundamental credit analysis with yield‑curve positioning and sector rotation while maintaining risk controls that avoid leverage and large interest‑rate bets. The fund typically sits in the muni single‑state intermediate category, with a moderate duration profile designed to balance income with interest‑rate sensitivity. Management caps obligor exposure to promote diversification and may allocate a modest sleeve to high‑yield municipal bonds within defined limits. This share class targets institutional pricing and distributes income on a regular basis, offering investors access to the tax‑advantaged Utah municipal market through an actively managed approach overseen by an experienced team with long tenure in municipal investing.
Performance
UTAHX had a total return of 6.43% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.94%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.02889 | Jun 30, 2026 |
| May 29, 2026 | $0.02974 | May 29, 2026 |
| Apr 30, 2026 | $0.02869 | Apr 30, 2026 |
| Mar 31, 2026 | $0.02954 | Mar 31, 2026 |
| Feb 27, 2026 | $0.02692 | Feb 27, 2026 |
| Jan 30, 2026 | $0.02976 | Jan 30, 2026 |