Morningstar

NYLI MacKay Utah Muni Class C UTACX

Morningstar Medalist Rating
Medalist Rating as of | See New York Life Investment Hub
  • NAV / 1-Day Return 9.72  /  −0.10 %
  • Total Assets 200.6M
  • Adj. Expense Ratio
    1.100%
  • Expense Ratio 1.100%
  • Distribution Fee Level Low
  • Share Class Type Level Load
  • Category Muni Single State Interm
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield 3.29%
  • Effective Duration 5.72 years

USD | NAV as of Jun 06, 2026 | 1-Day Return as of Jun 06, 2026, 12:49 AM GMT+0

Morningstar’s Analysis UTACX

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

  • People Pillar

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

The new managers are putting their stamp on this state-specific offering.

Principal Paul Olmsted

Paul Olmsted

Principal

Summary

NYLI MacKay’s seasoned municipal investment team has applied its time-tested approach to NYLI MacKay Utah Muni, which it acquired from Aquila in July 2024. A year later, the fund’s adjustments are encouraging, yet it still needs time to prove itself, especially compared with options with broader remits.

by Paul Olmsted
Rated on Published on

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Portfolio Holdings UTACX

More UTACX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 14.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

BNY Dreyfus Govt Cash Mgmt Instl

2.93 6M
Cash and Equivalents

UTAH ST CHARTER SCH FIN AUTH CHARTER SCH REV 5%

1.91 4M
municipal

UTAH HSG CORP SINGLE FAMILY MTG REV 6.25%

1.88 4M
municipal

UTAH ST CHARTER SCH FIN AUTH CHARTER SCH REV 5.85%

1.65 3M
municipal

WEBER CNTY UTAH SPL ASSMT 5.75%

1.64 3M
municipal

UTAH HSG CORP MULTIFAMILY REV 3%

1.25 2M
municipal

AUSTIN TEX ARPT SYS REV 5%

1.21 2M
municipal

Washington St Hsg Fin Commn Mun Ctfs 2024-1 Cl A 01/Sep/2024 20/Mar/2040 4.

1.20 2M
municipal

SOUTH DAKOTA HSG DEV AUTH 6.25%

1.11 2M
municipal

UTAH TRAN AUTH SALES TAX REV 5%

1.10 2M
municipal

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