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MainStay MacKay Tax Free Bond B MKTBX

Analyst rating as of
NAV / 1-Day Return
10.63  /  0.28 %
Total Assets
8.3 Bil
Adj. Expense Ratio
1.020%
Expense Ratio
1.020%
Fee Level
Low
Longest Manager Tenure
11.65 years
Category
Muni National Long
Credit Quality / Interest Rate Sensitivity
Medium / Moderate
Min. Initial Investment
1,000
Status
Closed
TTM Yield
2.23%
Effective Duration
5.62 years
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Morningstar’s Analysis

Will MKTBX outperform in future?

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

High-conviction calls have led to a strong track record.

Summary

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MainStay MacKay Tax Free Bond's dynamic approach to portfolio construction and security selection has delivered strong returns in recent periods, and it retains a Morningstar Analyst Rating of Bronze for its cheaper R6 and I share classes, but its more expensive A, B, C, and investor share classes drop to Neutral under our enhanced rating methodology.

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