NYLI MacKay Utah Muni Class A (UTAVX)
| Fund Assets | 199.14M |
| Expense Ratio | n/a |
| Min. Investment | $1,500 |
| Turnover | 34.00% |
| Dividend (ttm) | 0.25 |
| Dividend Yield | 2.69% |
| Dividend Growth | n/a |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Apr 30, 2025 |
| Previous Close | 9.42 |
| YTD Return | -1.02% |
| 1-Year Return | n/a |
| 5-Year Return | n/a |
| 52-Week Low | 9.22 |
| 52-Week High | 9.77 |
| Beta (5Y) | n/a |
| Holdings | 165 |
| Inception Date | n/a |
About UTAVX
The New York Life MacKay U.S. Municipal Opportunities Fund is a mutual fund focused on generating current income through investments in municipal bonds. The fund primarily allocates at least 80% of its assets to municipal securities that are exempt from federal and, where applicable, certain state and local income taxes. It employs a relative value strategy, leveraging rigorous credit analysis, yield curve positioning, and sector rotation to identify attractive opportunities within the municipal bond market. Managed by a tenured team with longstanding experience in municipal markets, the fund places a significant emphasis on disciplined risk management and does not employ leverage or directional interest rate bets. Its portfolio construction aims to provide tax-advantaged income to investors while maintaining a diversified exposure to various municipal issuers and sectors. The fund’s approach supports individual and institutional investors seeking a source of federally tax-exempt income, fulfilling an important role in the fixed income segment of the financial market by channeling capital into public projects and infrastructure through municipal debt investments.
Top 10 Holdings
17.62% of assets| Name | Symbol | Weight |
|---|---|---|
| Utah Charter School Finance Authority | n/a | 2.20% |
| Dreyfus Government Cash Management - Institutional Shares | n/a | 2.01% |
| Utah Housing Corp., Series G | UT UTSSFH 6.25 07.01.2055 | 1.90% |
| City of Dallas Housing Finance Corp., Series A | TX DALMFH 4.35 10.01.2041 | 1.85% |
| Utah Charter School Finance Authority | n/a | 1.84% |
| County of Weber | n/a | 1.83% |
| Utah Charter School Finance Authority, Series A | n/a | 1.59% |
| County of Iron | n/a | 1.55% |
| Utah Municipal Power Agency, Series B | n/a | 1.44% |
| Puerto Rico Sales Tax Financing Corp., Series A-2 | PR PRCGEN 4.33 07.01.2040 | 1.42% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Apr 30, 2025 | $0.027 | Apr 30, 2025 |
| Mar 31, 2025 | $0.02716 | Mar 31, 2025 |
| Feb 28, 2025 | $0.02434 | Feb 28, 2025 |
| Jan 31, 2025 | $0.02893 | Jan 31, 2025 |
| Dec 31, 2024 | $0.0292 | Dec 31, 2024 |
| Nov 29, 2024 | $0.0277 | Nov 29, 2024 |