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Morningstar

MainStay MacKay Colorado Muni I COTYX

Morningstar Medalist Rating
Medalist Rating as of | See New York Life Investment Hub
  • NAV / 1-Day Return 9.79  /  0.00
  • Total Assets 128.8 Mil
  • Adj. Expense Ratio
    0.550%
  • Expense Ratio 0.550%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category Muni Single State Interm
  • Credit Quality / Interest Rate Sensitivity High/Moderate
  • Min. Initial Investment —
  • Status Open
  • TTM Yield 2.50%
  • Effective Duration 4.54 years

USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 10:12 PM GMT+0

Morningstar’s Analysis COTYX

Will COTYX outperform in 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 COTYX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the COTYX 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 COTYX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Ceasing Coverage in July 2024

Associate Analyst Ken Noguchi

Ken Noguchi

Associate Analyst

Summary

Aquila Tax-Free Fund of Colorado in July 2024 will become MainStay MacKay Colorado Muni, at which point Morningstar will cease full analyst coverage of the strategy.

by Ken Noguchi
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Portfolio Holdings COTYX

More COTYX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 21.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Dreyfus Treasury Obligations Csh Mgt Ins

3.80 4.9 Mil
Cash and Equivalents

LARIMER WELD & BOULDER CNTYS COLO SCH DIST NO R-2J THOMPSON 5%

2.82 3.6 Mil
municipal

ADAMS & WELD CNTYS COLO SCH DIST NO 027J BRIGHTON 5%

2.72 3.5 Mil
municipal

BOULDER VALLEY COLO SCH DIST NO RE-2 BOULDER 5%

2.23 2.9 Mil
municipal

JEFFERSON CNTY COLO SCH DIST NO R-001 5%

2.17 2.8 Mil
municipal

SOUTHEAST COLO HOSP DIST ENTERPRISE REV 5%

2.09 2.7 Mil
municipal

UNIVERSITY COLO ENTERPRISE SYS REV 5%

2.06 2.7 Mil
municipal

COLORADO ST BLDG EXCELLENT SCHS TODAY CTFS PARTN 5%

2.02 2.6 Mil
municipal

DENVER COLO URBAN RENEWAL AUTH TAX INCREMENT REV 5%

2.02 2.6 Mil
municipal

MIDCITIES MET DIST NO 2 COLO SPL REV 5%

2.00 2.6 Mil
municipal