MTBAX – NYLIM MacKay Tax Free Bond Class A Investment Strategy | Morningstar

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Strategy

The investment seeks current income exempt from regular federal income tax. The fund, under normal circumstances, invests at least 80% of its assets (net assets plus borrowings for investment purposes) in municipal bonds that are rated investment grade. On average, it will invest in municipal bonds that have a maturity range of 10 to 30 years. The fund may not invest more than 20% of its net assets in tax-exempt securities subject to the federal alternative minimum tax.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
MTBIX	NYLIM MacKay Tax Free Bond Class I	Institutional	Open			Dec 21, 2009	$6.69B	0.490%	Below Average	$1M	$30.48M
MTBAX	NYLIM MacKay Tax Free Bond Class A	Front Load	Open			Jan 3, 1995	$948.32M	0.740%	Below Average	$15,000	−$92.12M
MKINX	NYLIM MacKay Tax Free Bond Investor Class	Front Load	Open			Feb 28, 2008	$4.82M	0.780%	Average	$1,000	−$526,161.52
MTFCX	NYLIM MacKay Tax Free Bond Class C	Level Load	Open			Sep 1, 1998	$46.28M	1.030%	Low	$1,000	−$15.81M
MTSPX	NYLIM MacKay Tax Free Bond Class C2	Level Load	Open			Aug 31, 2020	$4.62M	1.180%	Low	$1,000	−$169,211.46
MTBDX	NYLIM MacKay Tax Free Bond Class R6	Retirement, Large	Open			Nov 1, 2019	$854.38M	0.430%	Low	$0	$154.14M

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