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MainStay MacKay Tax Free Bond I MTBIX

Medalist Rating as of | See New York Life Investment Hub
  • NAV / 1-Day Return 9.44  /  +0.14 %
  • Total Assets 8.9 Bil
  • Adj. Expense Ratio
    0.500%
  • Expense Ratio 0.500%
  • 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 3.70%
  • Effective Duration 7.33 years

USD | NAV as of Feb 23, 2024 | 1-Day Return as of Feb 23, 2024, 10:54 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.

Municipal credit research takes front and center.

Senior Analyst Paul Olmsted

Paul Olmsted

Senior Analyst

Summary

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.

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Portfolio Holdings MTBIX

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

Other Assets & Liabilities

1.28 105.1 Mil

PHILADELPHIA PA SCH DIST 5%

1.01 83.1 Mil
municipal

LAMAR TEX CONS INDPT SCH DIST 5.5%

0.93 76.6 Mil
municipal

SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 5%

0.65 53.0 Mil
municipal

OHIO ST UNIV GEN RCPTS 0%

0.61 50.0 Mil
municipal

SAN ANTONIO TEX WTR REV 5.25%

0.56 46.1 Mil
municipal

OKLAHOMA TRANSN AUTH OK F/K/A OKLAHOMA ST TPK AUTH 5.5%

0.55 45.3 Mil
municipal

LOS ANGELES CALIF UNI SCH DIST 5.25%

0.54 44.0 Mil
municipal

CENTRAL PLAINS ENERGY PROJ NEB GAS PROJ REV 5%

0.51 42.2 Mil
municipal

SAN ANTONIO TEX ELEC & GAS REV 5.5%

0.50 41.4 Mil
municipal