Morningstar

NYLIM MacKay U.S. Infrastructure Bond Class C MGVCX

Morningstar Medalist Rating
Medalist Rating as of | See New York Life Investment Management Investment Hub
  • NAV / 1-Day Return 7.16  /  −0.28 %
  • Total Assets 2.4B
  • Adj. Expense Ratio
    1.860%
  • Expense Ratio 1.860%
  • Distribution Fee Level High
  • Share Class Type Level Load
  • Category Intermediate Core Bond
  • Credit Quality / Interest Rate Sensitivity High/Moderate
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 3.55%
  • Effective Duration 5.86 years

USD | NAV as of Oct 03, 2026 | 1-Day Return as of Oct 03, 2026, 12:11 AM GMT+0

Morningstar’s Analysis MGVCX

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

  • People Pillar

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

This taxable municipal offering stands up to traditional core bonds.

Principal Paul Olmsted

Paul Olmsted

Principal

Summary

New York Life Investments MacKay US Infrastructure benefits from an experienced and stable team of municipal-bond specialists and a disciplined investment process.

by Paul Olmsted
Rated on Published on

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Portfolio Holdings MGVCX

More MGVCX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 9.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

BNY Dreyfus Govt Cash Mgmt Instl

2.45 58M
Cash and Equivalents

MASSACHUSETTS EDL FING AUTH ED LN REV 6.166%

1.33 32M
municipal

Cornell University 4.733%

1.26 30M
Corporate

New York N Y City Hsg Dev Corp Multifamily Mtg Rev Taxable Bds 2024 Cl A 06

1.20 29M
municipal

NEW YORK ST DORM AUTH REVS NON ST SUPPORTED DEBT 5.228%

0.98 23M
municipal

NATIONAL FIN AUTH N H UTIL REV 6.89%

0.94 22M
municipal

CALIFORNIA ST 7.55%

0.79 19M
municipal

Cash Offsets For Shorts & Derivatives

0.78 19M
Cash and Equivalents

NEW YORK N Y 5.281%

0.71 17M
municipal

MAIN STR ENERGY INC GA ENERGY PROJ REV 5%

0.70 17M
municipal

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