The Process Pillar is our assessment of how sensible, clearly defined, and repeatable MTBIX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the MTBIX 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 MTBIX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Seasoned muni managers and a prudent approach.
Paul Olmsted
Senior Analyst
Summary
MainStay MacKay Tax Free Bond's stable, veteran municipal investment team plies a durable, time-tested approach to make this a top offering among its rivals.