MMHDX : MainStay MacKay High Yield Municipal Bond Fund Class C

MMHDX is a Bond Market Municipal Bond with HIGH fees.

MMHDX

MainStay MacKay High Yield Municipal Bond Fund Class C

FI Score

46 /100

Expense Ratio Rating

1 /10

Expense Rating

0 /10

Market Score

9 /10

Category Score

8 /10

Market Size

9 /10

46% FI Score
  • mmhdx
  • Mutual Fund
  • Bond
  • Municipal Bond

MainStay MacKay High Yield Municipal Bond Fund Class C

Expenses: 1.63% (Better than 0% of similar funds)

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

Fund Summary

The investment seeks a high level of current income exempt from federal income taxes; the secondary investment objective is total return. The fund invests at least 80% of its assets (net assets plus any borrowings for investment purposes) in municipal bonds. It may invest up to 10% of its net assets in municipal bonds that are the subject of bankruptcy proceedings, that are in default as to the payment of principal or interest, or that are rated in the lowest rating category by an independent rating agency or if unrated, judged to be of comparable quality by the subadvisor.

Largest Holdings

Amount Holding
2.07% BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5%
1.78% GOLDEN ST TOB SECURITIZATION CORP CALIF TOB SETTLEMENT REV 0.01%
1.55% PUERTO RICO SALES TAX FING CORP SALES TAX REV 5%
1.28% GDB DEBT RECOVERY AUTH OF COMWLTH PUERTO RICO 7.5%
1.19% TEXAS PRIVATE ACTIVITY BD SURFACE TRANSN CORP REV 5%
1.04% DULUTH MINN ECONOMIC DEV AUTH HEALTH CARE FACS REV 5.25%
1.04% NEW JERSEY ST TPK AUTH TPK REV 1.81%
1.00% LUCAS CNTY OHIO HOSP REV 5.25%
0.88% GRAND PARKWAY TRANSN CORP TEX SYS TOLL REV 4%
0.72% METROPOLITAN WASH D C ARPTS AUTH DULLES TOLL RD REV 4%
0.69% CHICAGO ILL 6%
0.66% METROPOLITAN WASH D C ARPTS AUTH DULLES TOLL RD REV 5%
0.63% CALIFORNIA MUN FIN AUTH REV 5%
0.61% CHILDRENS TR FD P R TOB SETTLEMENT REV 5.62%
0.60% NORTHERN CALIF GAS AUTH NO 1 GAS PROJ REV 2%
0.60% TOBACCO SETTLEMENT FING CORP N J 5%
0.59% CHICAGO ILL BRD ED DEDICATED CAP IMPT 6%
0.58% ILLINOIS ST 5%
0.58% NEW YORK TRANSN DEV CORP SPL FAC REV 5.25%
0.57% MUNICIPAL ELEC AUTH GA 4%
0.54% METROPOLITAN PIER & EXPOSITION AUTH ILL REV 0.01%
0.53% GRAND PARKWAY TRANSN CORP TEX SYS TOLL REV 4%
0.51% WARD CNTY N D HEALTH CARE FAC REV 5%

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