MMHIX : MainStay MacKay High Yield Municipal Bond Fund Class I

MMHIX is a Bond Market Municipal Bond with MODERATE fees.

MMHIX

MainStay MacKay High Yield Municipal Bond Fund Class I

FI Score

72 /100

Expense Ratio Rating

7 /10

Expense Rating

4 /10

Market Score

9 /10

Category Score

8 /10

Market Size

9 /10

72% FI Score
  • mmhix
  • Mutual Fund
  • Bond
  • Municipal Bond

MainStay MacKay High Yield Municipal Bond Fund Class I

Expenses: 0.62% (Better than 1% of similar funds)

This is an OK 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
2.11% BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5%
1.83% GOLDEN ST TOB SECURITIZATION CORP CALIF TOB SETTLEMENT REV 0.01%
1.52% PUERTO RICO SALES TAX FING CORP SALES TAX REV 5%
1.46% GREENFIELD WIS 1%
1.38% GRAND PARKWAY TRANSN CORP TEX SYS TOLL REV 4%
1.29% GDB DEBT RECOVERY AUTH OF COMWLTH PUERTO RICO 7.5%
1.17% TEXAS PRIVATE ACTIVITY BD SURFACE TRANSN CORP REV 5%
1.04% NEW JERSEY ST TPK AUTH TPK REV 0.96%
0.98% DULUTH MINN ECONOMIC DEV AUTH HEALTH CARE FACS REV 5.25%
0.93% LUCAS CNTY OHIO HOSP REV 5.25%
0.69% METROPOLITAN WASH D C ARPTS AUTH DULLES TOLL RD REV 4%
0.68% CHICAGO ILL 6%
0.66% METROPOLITAN WASH D C ARPTS AUTH DULLES TOLL RD REV 5%
0.63% TOBACCO SETTLEMENT FING CORP N J 5%
0.63% CALIFORNIA MUN FIN AUTH REV 5%
0.62% CHILDRENS TR FD P R TOB SETTLEMENT REV 5.62%
0.62% NUVEEN DIVID ADVANTAGE MUN FD 3 1%
0.59% PUERTO RICO COMWLTH AQUEDUCT & SWR AUTH REV 6%
0.59% CHICAGO ILL BRD ED DEDICATED CAP IMPT 6%
0.58% NORTHERN CALIF GAS AUTH NO 1 GAS PROJ REV 1.68%
0.58% NEW YORK TRANSN DEV CORP SPL FAC REV 5.25%
0.57% CUYAHOGA CNTY OHIO HOSP REV 5.5%
0.55% ILLINOIS ST 5%

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