MainStay MacKay High Yield Municipal Bond's experienced muni investment team follows a dynamic approach to achieve strong performance. This tight-knit group has been together for many years, and its growing credit analyst team, low personnel turnover, and fund ownership earn an upgrade to a High People rating. The strategy’s cheapest share classes now carry a Morningstar Analyst Rating of Silver; its costlier share class is rated Neutral.
- NAV / 1-Day Return 11.74 / 0.01 %
- Total Assets 7.9 Bil
Adj. Expense Ratio
- Expense Ratio 1.620%
- Distribution Fee Level Above Average
- Share Class Type Level Load
- Category High Yield Muni
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment 2,500
- Status Open
- TTM Yield 2.92%
- Effective Duration 9.95 years
Morningstar’s Analysis MMHDX
Will MMHDX outperform in future?
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