MNOIX : MainStay MacKay New York Tax Free Opportunities Fund Class I

MNOIX is a Bond Market Municipal Bond with LOW fees.

MNOIX

MainStay MacKay New York Tax Free Opportunities Fund Class I

FI Score

64 /100

Expense Ratio Rating

8 /10

Expense Rating

5 /10

Market Score

6 /10

Category Score

8 /10

Market Size

6 /10

64% FI Score
  • mnoix
  • Mutual Fund
  • Bond
  • Municipal Bond

MainStay MacKay New York Tax Free Opportunities Fund Class I

Expenses: 0.50% (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 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%
1.23% NEW YORK ST DORM AUTH REVS NON ST SUPPORTED DEBT 4%
1.23% NEW YORK LIBERTY DEV CORP LIBERTY REV 2.8%
1.13% HUDSON YDS INFRASTRUCTURE CORP N Y SECOND INDENTURE REV 5%
1.12% PORT AUTH N Y & N J SPL OBLIG REV 6%
1.06% NEW YORK N Y CITY HSG DEV CORP MULTIFAMILY MTG REV 3%
1.06% NEW YORK ST DORM AUTH ST PERS INCOME TAX REV 0.5%
1.04% NEW YORK ST DORM AUTH REVS NON ST SUPPORTED DEBT 4%
1.02% MTA HUDSON RAIL YARDS TR OBLIGS REV 5%
1.01% TSASC INC N Y 5%
0.99% NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 4%
0.86% DUTCHESS CNTY N Y LOC DEV CORP REV 5%
0.84% NEW YORK TRANSN DEV CORP SPL FAC REV 5%
0.83% NEW YORK ST DORM AUTH REVS NON ST SUPPORTED DEBT 4%
0.79% SUFFOLK CNTY N Y 3%
0.77% TRIBOROUGH BRDG & TUNL AUTH NY REVS 5%

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