NYLI MacKay Tax Free Bond Fund A (MTBAX)
9.32
0.00 (0.00%)
USD |
Dec 04 2025
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.74% | 9.057B | -- | 36.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| -781.56M | 1.74% | Upgrade | Upgrade |
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 |
| 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:
14
-95.69M
Peer Group Low
532.09M
Peer Group High
1 Year
% Rank:
95
-781.56M
-1.649B
Peer Group Low
5.560B
Peer Group High
3 Months
% Rank:
23
-280.38M
Peer Group Low
2.197B
Peer Group High
3 Years
% Rank:
13
-4.975B
Peer Group Low
18.10B
Peer Group High
6 Months
% Rank:
74
-650.32M
Peer Group Low
5.019B
Peer Group High
5 Years
% Rank:
11
-7.233B
Peer Group Low
34.74B
Peer Group High
YTD
% Rank:
94
-1.463B
Peer Group Low
5.771B
Peer Group High
10 Years
% Rank:
8
-7.036B
Peer Group Low
44.60B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of December 05, 2025.
Asset Allocation
As of August 31, 2025.
| Type | % Net |
|---|---|
| Cash | 0.56% |
| Stock | 0.00% |
| Bond | 98.78% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 0.66% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| ENERGY SOUTHEAST ALA COOP DIST ENERGY SUPPLY REV AL 5.250 07/01/2054 | 0.75% | 109.85 | -0.00% |
| NATIONAL FIN AUTH N H UTIL REV NH 6.890 04/01/2034 | 0.70% | -- | -- |
| BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV AL 4.000 10/01/2052 | 0.68% | 100.69 | 0.00% |
| SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV CA 5.500 05/01/2055 | 0.62% | 105.94 | -1.21% |
| Dreyfus Government Cash Management Institutional | 0.61% | 1.00 | 0.00% |
|
OTHER ASSETS LESS LIABILITIES
|
0.59% | -- | -- |
| LOS ANGELES CALIF DEPT WTR & PWR REV CA 6.603 07/01/2050 | 0.58% | 107.01 | -0.48% |
| SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV CA 5.000 05/01/2050 | 0.58% | 100.64 | 0.00% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV CA 5.250 01/01/2054 | 0.57% | 106.13 | -0.00% |
| OKLAHOMA ST TPK AUTH TPK REV OK 5.500 01/01/2053 | 0.53% | 106.07 | -0.00% |
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 |
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 |
| 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 (12-3-25) | 3.60% |
| 30-Day SEC Yield (10-31-25) | 3.05% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 1070 |
| Bond | |
| Yield to Maturity (8-31-25) | 4.34% |
| Effective Duration | -- |
| Average Coupon | 4.69% |
| Calculated Average Quality | 2.373 |
| Effective Maturity | 17.05 |
| Nominal Maturity | 19.66 |
| Number of Bond Holdings | 1066 |
As of August 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: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. |