Morningstar

NYLI MacKay Strategic Muni Allocation Investor Class MTFEX

Morningstar Medalist Rating
Medalist Rating as of | See New York Life Investment Hub
  • NAV / 1-Day Return 9.55  /  0.00
  • Total Assets 2.7B
  • Adj. Expense Ratio
    0.790%
  • Expense Ratio 0.790%
  • Distribution Fee Level Above Average
  • Share Class Type Front Load
  • Category Muni National Interm
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 3.33%
  • Effective Duration 5.79 years

USD | NAV as of Jul 11, 2026 | 1-Day Return as of Jul 11, 2026, 12:11 AM GMT+0

Morningstar’s Analysis MTFEX

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

  • People Pillar

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

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

NYLI MacKay Strategic Muni Allc Inv 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
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Portfolio Holdings MTFEX

More MTFEX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 6.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.329%

1.04 27M
municipal

CHICAGO ILL BRD ED DEDICATED CAP IMPT 6%

0.88 23M
municipal

MAIN STR NAT GAS INC GA GAS SUPPLY REV 5%

0.81 21M
municipal

METROPOLITAN TRANSN AUTH N Y REV 0%

0.61 16M
municipal

KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 5%

0.58 15M
municipal

MINNESOTA MUN GAS AGY GAS PROJ REV 5%

0.51 14M
municipal

BURKE CNTY GA DEV AUTH POLLUTN CTL REV 0%

0.51 13M
municipal

BNY Dreyfus Govt Cash Mgmt Instl

0.50 13M
Cash and Equivalents

ARKANSAS ST DEV FIN AUTH ENVIRONMENTAL IMPT REV 4%

0.50 13M
municipal

PUERTO RICO COMWLTH 0%

0.50 13M
municipal

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