NYLI MacKay Utah Muni Class A (UTAVX)
| Fund Assets | 200.19M |
| Expense Ratio | 0.80% |
| Min. Investment | $1,000,000 |
| Turnover | 74.00% |
| Dividend (ttm) | 0.35 |
| Dividend Yield | 3.48% |
| Dividend Growth | 12.98% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 9.70 |
| YTD Return | 2.01% |
| 1-Year Return | 6.31% |
| 5-Year Return | n/a |
| 52-Week Low | 9.36 |
| 52-Week High | 9.84 |
| Beta (5Y) | n/a |
| Holdings | 161 |
| 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 6.31% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.82%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.02887 | Jun 30, 2026 |
| May 29, 2026 | $0.02973 | May 29, 2026 |
| Apr 30, 2026 | $0.02865 | Apr 30, 2026 |
| Mar 31, 2026 | $0.02953 | Mar 31, 2026 |
| Feb 27, 2026 | $0.02688 | Feb 27, 2026 |
| Jan 30, 2026 | $0.02975 | Jan 30, 2026 |