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MainStay MacKay High Yield Muncpl Bd I MMHIX

Analyst rating as of
NAV / 1-Day Return
13.24  /  0.44 %
Total Assets
10.0 Bil
Adj. Expense Ratio
0.610%
Expense Ratio
0.610%
Fee Level
Average
Longest Manager Tenure
10.91 years
Category
High Yield Muni
Credit Quality / Interest Rate Sensitivity
Low / Moderate
Min. Initial Investment
1,000,000
Status
Open
TTM Yield
3.48%
Effective Duration
6.63 years
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Morningstar’s Analysis

Will MMHIX outperform in future?

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

An aggressive approach to munis.

Summary

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MainStay MacKay High Yield Municipal Bond stands out for its seasoned team and aggressive yet disciplined approach supporting a Morningstar Analyst Rating of Bronze for most share classes, while its expensive C share class is rated Neutral.

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