NYLI MacKay Utah Muni Class A (UTAVX)
| Fund Assets | 198.06M |
| Expense Ratio | n/a |
| Min. Investment | $2,500 |
| Turnover | 34.00% |
| Dividend (ttm) | 0.34 |
| Dividend Yield | 3.37% |
| Dividend Growth | n/a |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 9.80 |
| YTD Return | 1.50% |
| 1-Year Return | 6.04% |
| 5-Year Return | n/a |
| 52-Week Low | 9.24 |
| 52-Week High | 10.10 |
| Beta (5Y) | n/a |
| Holdings | 150 |
| 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.
Performance
UTAVX had a total return of 6.04% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.95%.
Top 10 Holdings
16.43% of assets| Name | Symbol | Weight |
|---|---|---|
| Utah Charter School Finance Authority | UT.UTSEDU 5.6 03.15.2047 | 2.37% |
| Utah Charter School Finance Authority | UT.UTSEDU 5 10.15.2046 | 1.95% |
| Utah Housing Corp., Series G | UT.UTSSFH 6.25 07.01.2055 | 1.93% |
| County of Weber | UT.WEBGEN 5.75 01.15.2033 | 1.91% |
| Dreyfus Government Cash Management Fund | DGCXX | 1.70% |
| Utah Charter School Finance Authority, Series A | UT.UTSEDU 5.85 11.15.2044 | 1.69% |
| Utah Housing Corp. | UT.UTSMFH 09.01.2045 | 1.28% |
| Washington State Housing Finance Commission, Series 2 | WA.WASHSG 03.01.2050 | 1.25% |
| Utah Charter School Finance Authority | UT.UTSEDU 5.5 03.15.2037 | 1.21% |
| South Dakota Housing Development Authority, Series C | SD.SDSHSG 6.25 11.01.2056 | 1.15% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.02975 | Jan 30, 2026 |
| Dec 31, 2025 | $0.02976 | Dec 31, 2025 |
| Nov 28, 2025 | $0.02867 | Nov 28, 2025 |
| Oct 31, 2025 | $0.03002 | Oct 31, 2025 |
| Sep 30, 2025 | $0.02901 | Sep 30, 2025 |
| Aug 29, 2025 | $0.02962 | Aug 29, 2025 |