MSTAX : MainStay MacKay Short Term Municipal Fund A

MSTAX is a Bond Market Municipal Bond with MODERATE fees.

MSTAX

MainStay MacKay Short Term Municipal Fund A

FI Score

50 /100

Expense Ratio Rating

6 /10

Expense Rating

3 /10

Market Score

5 /10

Category Score

8 /10

Market Size

5 /10

50% FI Score
  • mstax
  • Mutual Fund
  • Bond
  • Municipal Bond

MainStay MacKay Short Term Municipal Fund A

Expenses: 0.71% (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 regular federal income tax. The fund normally invests at least 80% of its assets (net assets plus any borrowings for investment purposes) in municipal debt securities. It invests in an actively managed, diversified portfolio of tax-exempt municipal debt securities. The fund invests in investment grade securities. It may also invest up to 10% of its net assets in taxable municipal debt securities. Normally, the fund will have a dollar-weighted average maturity of three years or less.

Largest Holdings

Amount Holding
1.22% MISSOURI ST HEALTH & EDL FACS AUTH EDL FACS REV 0.75%
1.21% NEW JERSEY ST TPK AUTH TPK REV 1.59%
1.09% DISTRICT COLUMBIA REV 0.75%
1.09% GUAM GOVT LTD OBLIG REV 5%
1.08% CENTRAL PLAINS ENERGY PROJ NEB GAS PROJ REV 5%
1.08% CHICAGO ILL TRAN AUTH SALES TAX RCPTS REV 5%
1.03% NEW YORK TRANSN DEV CORP SPL FAC REV 5%
1.01% MAIN STR NAT GAS INC GA GAS SUPPLY REV 1.81%
0.95% NEW YORK ST DORM AUTH REVS NON ST SUPPORTED DEBT 5%
0.95% KANSAS CITY MO INDL DEV AUTH REV 5%
0.95% OHIO ST AIR QUALITY DEV AUTH REV 2.4%
0.91% ILLINOIS ST 6%
0.91% INDIANA HEALTH FAC FING AUTH REV 1.38%
0.83% ILLINOIS ST 5%
0.82% SACRAMENTO CALIF CITY FING AUTH REV 0%
0.73% HEARD CNTY GA DEV AUTH POLLUTN CTL REV 0.95%
0.72% DALLAS TEX WTRWKS & SWR SYS REV 2.48%
0.71% WISCONSIN ST HEALTH & EDL FACS AUTH REV 5.16%
0.61% WASHOE CNTY NEV WTR FAC REV 2.05%
0.61% LOUISVILLE/JEFFERSON CNTY KY METRO GOVT POLLUTION CTL REV 1.85%
0.60% DENVER COLO CITY & CNTY ARPT REV 5.25%
0.60% CALIFORNIA ST 5%
0.59% NEW JERSEY ECONOMIC DEV AUTH MTR VEH SURCHARGES REV 5%
0.59% CALIFORNIA EDL FACS AUTH REV 0%
0.54% NEW JERSEY ST HSG & MTG FIN AGY MULTIFAMILY CONDUIT REV 1.5%

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