NYLI MacKay Short Term Muni Fund R6 (MSTEX)
9.38
0.00 (0.00%)
USD |
Jan 15 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.39% | 1.249B | -- | 48.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 367.13M | 5.23% | Upgrade | Upgrade |
Basic Info
| Investment Strategy | |
| The Fund seeks current income exempt from regular federal income tax. The Fund, under normal circumstances, invests at least 80% of its assets in municipal debt securities, which include debt obligations issued by or on behalf of a government entity or other qualifying entity/issuer that pays interest. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal Short Term |
| Peer Group | Short Municipal Debt Funds |
| Global Macro | -- |
| US Macro | National Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Short Municipal Debt Funds |
| Fund Owner Firm Name | New York Life Investments |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
13
-30.37M
Peer Group Low
788.63M
Peer Group High
1 Year
% Rank:
11
367.13M
-404.95M
Peer Group Low
3.160B
Peer Group High
3 Months
% Rank:
5
-164.63M
Peer Group Low
1.619B
Peer Group High
3 Years
% Rank:
45
-3.895B
Peer Group Low
3.445B
Peer Group High
6 Months
% Rank:
6
-215.45M
Peer Group Low
2.231B
Peer Group High
5 Years
% Rank:
69
-6.281B
Peer Group Low
4.904B
Peer Group High
YTD
% Rank:
--
1.248M
Peer Group Low
1.248M
Peer Group High
10 Years
% Rank:
16
-4.774B
Peer Group Low
6.143B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of January 16, 2026.
Asset Allocation
As of October 31, 2025.
| Type | % Net |
|---|---|
| Cash | 0.87% |
| Stock | 0.00% |
| Bond | 101.1% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | -1.96% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| SOUTHCENTRAL PA GEN AUTH REV PA 5.000 06/01/2029 | 2.13% | -- | -- |
| PENNSYLVANIA ST TPK COMMN TPK REV PA 5.000 06/01/2029 | 1.77% | -- | -- |
| Dreyfus Government Cash Management Institutional | 1.60% | 1.00 | 0.00% |
| NEW YORK N Y CITY HSG DEV CORP MULTIFAMILY MTG REV NY 5.458 12/15/2031 | 1.43% | 102.19 | -0.14% |
| MATCHING FD SPL PURP SECURITIZATION CORP VIRGIN IS VI 5.000 10/01/2026 | 1.39% | 100.88 | 0.01% |
| DETROIT MICH SEW DISP REV MI 3.228 07/01/2032 | 1.20% | 99.52 | 0.00% |
| ARIZONA HEALTH FACS AUTH REV AZ 1.620 01/01/2046 | 1.07% | 100.00 | 0.00% |
| CUMBERLAND CNTY N C INDL FACS & POLLUTN CTL FING AUTH SOLID WASTE DISP REV NC 3.125 12/01/2027 | 1.07% | -- | -- |
| CHERRY CREEK COLO SCH DIST NO 005 ARAPAHOE CNTY CO 5.000 12/15/2028 | 1.06% | -- | -- |
| AKRON BATH COPLEY OHIO JT TWP HOSP DIST REV OH 5.250 11/15/2046 | 1.04% | 102.40 | 0.01% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.35% |
| Administration Fee | -- |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP | No |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 0.00 None |
| Minimum Subsequent Investment | 0.00 None |
Basic Info
| Investment Strategy | |
| The Fund seeks current income exempt from regular federal income tax. The Fund, under normal circumstances, invests at least 80% of its assets in municipal debt securities, which include debt obligations issued by or on behalf of a government entity or other qualifying entity/issuer that pays interest. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal Short Term |
| Peer Group | Short Municipal Debt Funds |
| Global Macro | -- |
| US Macro | National Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Short Municipal Debt Funds |
| Fund Owner Firm Name | New York Life Investments |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (1-14-26) | 3.38% |
| 30-Day SEC Yield (11-30-25) | 2.81% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 395 |
| Bond | |
| Yield to Maturity (10-31-25) | 3.04% |
| Effective Duration | -- |
| Average Coupon | 4.32% |
| Calculated Average Quality | 2.326 |
| Effective Maturity | 6.716 |
| Nominal Maturity | 7.968 |
| Number of Bond Holdings | 392 |
As of October 31, 2025
Fund Details
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:MSTEX", "name") |
| Broad Asset Class: =YCI("M:MSTEX", "broad_asset_class") |
| Broad Category: =YCI("M:MSTEX", "broad_category_group") |
| Prospectus Objective: =YCI("M:MSTEX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |