Morningstar

NYLIM MacKay Short Term Muni Class I MSTIX

Morningstar Medalist Rating
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  • NAV / 1-Day Return $9.22  /  +0.11 %
  • Fund Size $1.3B
  • Adjusted Expense Ratio 0.400%
  • Net Expense Ratio 0.400%
  • Fee Level: Distribution Average
  • Share Class Type Institutional
  • Morningstar Category Muni National Short
  • Fixed-Income Style Box (Funds) Medium/Limited
  • Minimum Initial Investment $1M
  • Investment Status Open
  • TTM Yield 3.30%
  • Average Effective Duration 2.47 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis MSTIX

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

  • People Pillar

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

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

NYLIM MacKay Short Term Muni Class I holds a quantitatively derived Silver Morningstar Medalist Rating. The rating reflects that it has scored well on factors Morningstar research associates with future outperformance relative to category peers.

by Morningstar Automated Analysis
Rated on Published on

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Portfolio Holdings MSTIX

More MSTIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 13.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

NEW YORK N Y 5%

2.27 31M
municipal

SOUTHEAST ENERGY AUTH COOP DIST ALA ENERGY SUPPLY REV 5%

1.92 26M
municipal

SAN ANTONIO TEX WTR REV 0%

1.83 25M
municipal

PENNSYLVANIA ECONOMIC DEV FING AUTH UPMC REV 5%

1.49 20M
municipal

NATIONAL FIN AUTH N H MUN CTFS 0%

1.32 18M
municipal

Us Dollar

1.29 18M
Cash and Equivalents

ARKANSAS ST DEV FIN AUTH ENVIRONMENTAL IMPT REV 4%

1.24 17M
municipal

MATCHING FD SPL PURP SECURITIZATION CORP VIRGIN IS 5%

1.13 15M
Cash and Equivalents

Blackrock Municipal 2030 Target Term Trust

0.99 14M
—

MAIN STR ENERGY INC GA ENERGY PROJ REV 5%

0.99 14M
municipal

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