Morningstar

NYLI MacKay Strategic Muni Allc Cl R6 MTFHX

Morningstar Medalist Rating
Medalist Rating as of | See New York Life Investment Hub
  • NAV / 1-Day Return 9.61  /  +0.13 %
  • Total Assets 1.5 Bil
  • Adj. Expense Ratio
    0.460%
  • Expense Ratio 0.460%
  • Distribution Fee Level Above Average
  • Share Class Type Retirement, Large
  • Category Muni National Interm
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment 0
  • Status Open
  • TTM Yield 3.76%
  • Effective Duration 5.62 years

USD | NAV as of Sep 27, 2024 | 1-Day Return as of Sep 27, 2024, 10:28 PM GMT+0

Morningstar’s Analysis MTFHX

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

  • People Pillar

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

Strength in MainStay MacKay Strategic Muni Alloc R6's People Pillar is partially offset by an Average Process Pillar rating, leading to a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a cost advantage over competitors, priced within the second-lowest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings MTFHX

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

SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 5.25%

0.91 13.1 Mil
municipal

PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.329%

0.80 11.5 Mil
municipal

MISSOURI ST HSG DEV COMMN SINGLE FAMILY MTG REV 6.5%

0.77 11.1 Mil
municipal

NEW JERSEY ST TRANSN TR FD AUTH 5%

0.76 11.0 Mil
municipal

CHICAGO ILL TRAN AUTH SALES TAX RCPTS REV 5%

0.69 10.0 Mil
municipal

SOUTHERN CALIF PUB PWR AUTH REV 0%

0.69 10.0 Mil
municipal

MAIN STR NAT GAS INC GA GAS SUPPLY REV 5%

0.65 9.3 Mil
municipal

CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5.25%

0.64 9.2 Mil
municipal

BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 0%

0.53 7.6 Mil
municipal

MIAMI-DADE CNTY FLA AVIATION REV 5%

0.47 6.8 Mil
municipal

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