Morningstar

NYLIM MacKay New York Muni Investor Class MNOVX

Morningstar Medalist Rating
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  • NAV / 1-Day Return $9.13  /  +0.33 %
  • Fund Size $1.7B
  • Adjusted Expense Ratio 0.780%
  • Net Expense Ratio 0.780%
  • Fee Level: Distribution Average
  • Share Class Type Front Load
  • Morningstar Category Muni New York Long
  • Fixed-Income Style Box (Funds) —
  • Minimum Initial Investment $2,500
  • Investment Status Open
  • TTM Yield 4.01%
  • Average Effective Duration 8.91 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis MNOVX

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

  • People Pillar

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

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

NYLIM MacKay New York Muni Investor Cl holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.

by Morningstar Automated Analysis
Rated on Published on

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Portfolio Holdings MNOVX

More MNOVX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 12.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
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