NYLIM MacKay Tax Free Bond Fund A (MTBAX)
8.94
-0.03
(-0.33%)
USD |
Sep 15 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.74% | 9.378B | -- | 54.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 927.55M | -0.25% |
Basic Info
| Investment Strategy | |
| The Fund seeks current income exempt from regular federal income tax. The Fund invests at least 80% of its assets in municipal bonds that are rated investment grade by at least one independent rating agency. On average, the Fund will invest in municipal bonds that have a maturity range of 10 to 30 years. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal |
| Peer Group | General & Insured Municipal Debt Funds |
| Global Macro | Bond HC |
| US Macro | National Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | General & Insured 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:
7
-290.15M
Peer Group Low
693.85M
Peer Group High
1 Year
% Rank:
11
927.55M
-680.63M
Peer Group Low
7.660B
Peer Group High
3 Months
% Rank:
10
-307.76M
Peer Group Low
2.352B
Peer Group High
3 Years
% Rank:
18
-4.709B
Peer Group Low
18.48B
Peer Group High
6 Months
% Rank:
11
-291.15M
Peer Group Low
5.697B
Peer Group High
5 Years
% Rank:
14
-8.426B
Peer Group Low
35.89B
Peer Group High
YTD
% Rank:
7
-438.96M
Peer Group Low
4.719B
Peer Group High
10 Years
% Rank:
8
-7.602B
Peer Group Low
49.65B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of September 16, 2026.
Asset Allocation
As of June 30, 2026.
| Type | % Net |
|---|---|
| Cash | 0.11% |
| Stock | 0.00% |
| Bond | 99.77% |
| Convertible | 0.00% |
| Preferred | 0.25% |
| Other | -0.13% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| BNY Dreyfus Government Cash Management Instl | 0.95% | 1.00 | 0.00% |
| CUYAHOGA CNTY OHIO OH 5.500 12/01/2061 | 0.75% | 103.33 | -0.30% |
| CHICAGO ILL BRD ED DEDICATED CAP IMPT IL 6.000 04/01/2046 | 0.65% | 100.57 | -0.03% |
| ENERGY SOUTHEAST ALA COOP DIST ENERGY SUPPLY REV AL 5.250 07/01/2054 | 0.65% | 104.26 | 0.10% |
| MINNESOTA MUN GAS AGY GAS PROJ REV MN 5.000 09/01/2035 | 0.64% | 100.64 | 0.03% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV CA 5.250 01/01/2054 | 0.63% | 103.40 | -0.18% |
| NATIONAL FIN AUTH N H UTIL REV NH 6.890 04/01/2034 | 0.61% | 102.29 | -0.19% |
| LOS ANGELES CALIF DEPT WTR & PWR REV CA 6.603 07/01/2050 | 0.52% | 103.05 | -0.37% |
| SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV CA 5.500 05/01/2055 | 0.50% | 102.34 | -0.07% |
| SOUTHEAST ENERGY AUTH COOP DIST ALA ENERGY SUPPLY REV AL 5.000 05/01/2055 | 0.48% | 104.02 | 0.44% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | 0.25% |
| Actual Management Fee | 0.41% |
| Administration Fee | -- |
| Maximum Front Load | 3.00% |
| 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 | 15000.00 None |
| Minimum Subsequent Investment | 0.00 None |
TTM Distributions
| Type | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Qualified Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Normal
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Qualified
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
LT Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Ordinary Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Non-Qual
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ST Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Interest
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Tax-Exempt
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ROC
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Other
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Total
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
As of August 31, 2026.
Basic Info
| Investment Strategy | |
| The Fund seeks current income exempt from regular federal income tax. The Fund invests at least 80% of its assets in municipal bonds that are rated investment grade by at least one independent rating agency. On average, the Fund will invest in municipal bonds that have a maturity range of 10 to 30 years. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal |
| Peer Group | General & Insured Municipal Debt Funds |
| Global Macro | Bond HC |
| US Macro | National Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | General & Insured 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 (9-15-26) | 3.79% |
| 30-Day SEC Yield (8-31-26) | 3.26% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 1107 |
| Bond | |
| Yield to Maturity (6-30-26) | 3.79% |
| Effective Duration | -- |
| Average Coupon | 4.71% |
| Calculated Average Quality | 2.355 |
| Effective Maturity | 17.78 |
| Nominal Maturity | 19.95 |
| Number of Bond Holdings | 1101 |
As of June 30, 2026
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:MTBAX", "name") |
| Broad Asset Class: =YCI("M:MTBAX", "broad_asset_class") |
| Broad Category: =YCI("M:MTBAX", "broad_category_group") |
| Prospectus Objective: =YCI("M:MTBAX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |