MNOCX : MainStay MacKay New York Tax Free Opportunities Fund Class C

MNOCX is a Bond Market Municipal Bond with HIGH fees.

MNOCX

MainStay MacKay New York Tax Free Opportunities Fund Class C

FI Score

38 /100

Expense Ratio Rating

3 /10

Expense Rating

0 /10

Market Score

6 /10

Category Score

8 /10

Market Size

6 /10

38% FI Score
  • mnocx
  • Mutual Fund
  • Bond
  • Municipal Bond

MainStay MacKay New York Tax Free Opportunities Fund Class C

Expenses: 1.02% (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 current income exempt from federal and New York State and, in some cases, New York local income taxes. The fund, under normal circumstances, invests at least 80% of its assets (net assets plus any borrowings for investment purposes) in municipal bonds, whose interest is, in the opinion of bond counsel for the issuers at the time of issuance, exempt from federal and New York income taxes. It generally invests in municipal bonds that have a maturity of five years or longer at the time of purchase.

Largest Holdings

Amount Holding
2.19% NEW YORK ST DORM AUTH ST PERS INCOME TAX REV 4%
1.91% PUERTO RICO SALES TAX FING CORP SALES TAX REV 5%
1.85% NEW YORK ST TWY AUTH GEN REV JR INDBT OBLIGS 4%
1.82% NEW YORK ST DORM AUTH REVS NON ST SUPPORTED DEBT 4%
1.62% NEW YORK ST URBAN DEV CORP ST SALES TAX REV 4%
1.58% NASSAU CNTY N Y 5%
1.51% NEW YORK ST DORM AUTH REVS NON ST SUPPORTED DEBT 5%
1.38% METROPOLITAN TRANSN AUTH N Y REV 4%
1.26% NEW YORK N Y 4%

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