Morningstar

NYLI MacKay New York Muni Class I MNOIX

Morningstar Medalist Rating
Medalist Rating as of | See New York Life Investment Hub
  • NAV / 1-Day Return 9.79  /  +0.13 %
  • Total Assets 1.4 Bil
  • Adj. Expense Ratio
    0.500%
  • Expense Ratio 0.500%
  • Distribution Fee Level Below Average
  • Share Class Type Institutional
  • Category Muni New York Long
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 1.0 Mil
  • Status Open
  • TTM Yield 3.84%
  • Effective Duration 7.60 years

USD | NAV as of Sep 27, 2024 | 1-Day Return as of Sep 27, 2024, 10:28 PM GMT+0

Morningstar’s Analysis MNOIX

Will MNOIX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable MNOIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the MNOIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of MNOIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A strong management team and sound investment process underpin MainStay MacKay NY Tax Free Opps I's Morningstar Medalist Rating of Bronze.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a cost advantage over competitors, priced within the least expensive fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings MNOIX

More MNOIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings —
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

BlackRock Liquidity MuniCash Instl

2.72 34.6 Mil
Cash and Equivalents

NEW YORK ST DORM AUTH REVS NON ST SUPPORTED DEBT 5.5%

1.88 24.0 Mil
municipal

NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 5%

1.66 21.1 Mil
municipal

NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 5.25%

1.57 20.0 Mil
municipal

PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.784%

1.46 18.6 Mil
municipal

NUVEEN NEW YORK AMT-FREE MUN INCOME FD 0%

1.18 15.0 Mil
municipal

BATTERY PK CITY AUTH N Y REV 5%

1.07 13.6 Mil
municipal

NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 0%

1.04 13.3 Mil
municipal

OSWEGO N Y CITY SCH DIST 4.75%

0.98 12.5 Mil
Cash and Equivalents

MATCHING FD SPL PURP SECURITIZATION CORP VIRGIN IS 5%

0.97 12.3 Mil
municipal

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