Recognition for how MainStay MacKay Tax Free Bond's seasoned municipal investment team and relative-value-driven, time-tested approach makes this a compelling offering among its peers.
MainStay MacKay Tax Free Bond I MTBIX
- NAV / 1-Day Return 9.40 / +0.03 %
- Total Assets 9.3 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.490%
- Distribution Fee Level Below Average
- Share Class Type Institutional
- Category Muni National Long
- Credit Quality / Interest Rate Sensitivity Medium/Extensive
- Min. Initial Investment 1.0 Mil
- Status Open
- TTM Yield 3.81%
- Effective Duration 7.48 years
USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 10:05 PM GMT+0
Morningstar’s Analysis MTBIX
Will MTBIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings —
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
BlackRock Liquidity MuniCash Instl | 1.65 | 149.2 Mil | Cash and Equivalents |
LAMAR TEX CONS INDPT SCH DIST 5.5% | 0.79 | 71.2 Mil | municipal |
SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 5% | 0.58 | 53.0 Mil | municipal |
OKLAHOMA TRANSN AUTH OK F/K/A OKLAHOMA ST TPK AUTH 5.5% | 0.54 | 48.6 Mil | municipal |
SAN ANTONIO TEX WTR REV 5.25% | 0.47 | 43.0 Mil | municipal |
BURKE CNTY GA DEV AUTH POLLUTN CTL REV 0% | 0.46 | 41.8 Mil | municipal |
CHICAGO ILL 6% | 0.45 | 40.7 Mil | municipal |
LOS ANGELES CALIF UNI SCH DIST 5.25% | 0.44 | 39.9 Mil | municipal |
SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 5% | 0.43 | 38.9 Mil | municipal |
SAN ANTONIO TEX ELEC & GAS REV 5.5% | 0.43 | 38.6 Mil | municipal |