MKTBX : MainStay MacKay Tax Free Bond Fund Class B

MKTBX is a Bond Market Municipal Bond with HIGH fees.

MKTBX

MainStay MacKay Tax Free Bond Fund Class B

FI Score

52 /100

Expense Ratio Rating

3 /10

Expense Rating

0 /10

Market Score

9 /10

Category Score

8 /10

Market Size

9 /10

52% FI Score
  • mktbx
  • Mutual Fund
  • Bond
  • Municipal Bond

MainStay MacKay Tax Free Bond Fund Class B

Expenses: 1.02% (Better than 0% of similar funds)

This is an OK choice for a Municipal Bond Bond fund. See why ยป

Fund Summary

The investment seeks current income exempt from regular federal income tax. The fund, under normal circumstances, invests at least 80% of its assets (net assets plus borrowings for investment purposes) in municipal bonds that are rated investment grade. On average, it will invest in municipal bonds that have a maturity range of 10 to 30 years. The fund may not invest more than 20% of its net assets in tax-exempt securities subject to the federal alternative minimum tax.

Largest Holdings

Amount Holding
1.67% LOS ANGELES CALIF UNI SCH DIST 5.25%
1.00% PEFA INC IOWA GAS PROJ REV 5%
0.81% MASSACHUSETTS ST 5.25%
0.80% SCHAUMBURG ILL 4%
0.72% STATE PUB SCH BLDG AUTH PA LEASE REV 5%
0.66% METROPOLITAN PIER & EXPOSITION AUTH ILL DEDICATED ST TAX REV 0.01%
0.64% PUERTO RICO COMWLTH 5%
0.64% NEW YORK ST DORM AUTH SALES TAX REV ST SUPPORTED DEBT 5%
0.62% SOUTH CAROLINA ST PUB SVCS AUTH REV 5.25%
0.61% NEW YORK ST DORM AUTH ST PERS INCOME TAX REV 4%
0.61% NEW YORK ST HSG FIN AGY REV 4.6%
0.59% MARYLAND ST STAD AUTH REV 5%
0.57% MIAMI-DADE CNTY FLA WTR & SWR REV 5%
0.56% NEW YORK ST ENVIRONMENTAL FACS CORP REV 5%
0.56% CALIFORNIA HEALTH FACS FING AUTH REV 5%
0.53% CALIFORNIA ST UNIV REV 5%
0.53% NEW YORK ST DORM AUTH ST PERS INCOME TAX REV 5%
0.52% NORTH TEX TWY AUTH REV 5%
0.52% ILLINOIS ST 5%
0.52% SALT RIV PROJ AGRIC IMPT & PWR DIST ARIZ ELEC SYS REV 5%
0.51% NEW YORK TRANSN DEV CORP SPL FAC REV 4%
0.51% NEW YORK N Y 5.25%
0.50% ILLINOIS ST 5%

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