Morningstar

NYLI MacKay Colorado Muni Class A COTAX

Morningstar Medalist Rating
Medalist Rating as of | See New York Life Investment Hub
  • NAV / 1-Day Return 9.74  /  −0.21 %
  • Total Assets 113.1M
  • Adj. Expense Ratio
    0.800%
  • Expense Ratio 0.800%
  • Distribution Fee Level Above Average
  • Share Class Type Front Load
  • Category Muni Single State Interm
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 15,000
  • Status Open
  • TTM Yield 3.17%
  • Effective Duration 5.72 years

USD | NAV as of Jul 16, 2026 | 1-Day Return as of Jul 16, 2026, 10:45 PM GMT+0

Morningstar’s Analysis COTAX

Will COTAX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable COTAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the COTAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of COTAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

NYLI MacKay Colorado Muni Class A holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.

by Morningstar Automated Analysis
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Portfolio Holdings COTAX

More COTAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 21.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

PUBLIC AUTH FOR COLO ENERGY NAT GAS PUR REV 6.5%

3.34 4M
municipal

DENVER COLO CITY & CNTY ARPT REV 4.25%

2.60 3M
municipal

COLORADO HEALTH FACS AUTH REV 5%

2.50 3M
municipal

MIDCITIES MET DIST NO 2 COLO SPL REV 5%

2.38 3M
municipal

BNY Dreyfus Govt Cash Mgmt Instl

2.16 2M
Cash and Equivalents

DENVER COLO CITY & CNTY SCH DIST NO 1 5.5%

2.05 2M
municipal

BOULDER LARIMER & WELD CNTYS COLO ST VRAIN VY SCH DIST RE1J 5%

1.88 2M
municipal

EAGLE CNTY COLO HSG & DEV MULTIFAMILY HSG REV 3.55%

1.86 2M
municipal

STC MET DIST NO 2 COLO 5%

1.69 2M
municipal

COLORADO ST HIGHER ED CAP CONSTR LEASE PUR FING PROG CTFS PARTN 5%

1.58 2M
municipal

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