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MainStay MacKay Tax Free Bond B MKTBX

Analyst rating as of
NAV / 1-Day Return
9.28  /  0.45 %
Total Assets
7.2 Bil
Adj. Expense Ratio
1.010%
Expense Ratio
1.010%
Fee Level
Low
Longest Manager Tenure
12.89 years
Category
Muni National Long
Credit Quality / Interest Rate Sensitivity
Medium / Extensive
Min. Initial Investment
1,000
Status
Closed
TTM Yield
2.11%
Effective Duration
7.67 years
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Morningstar’s Analysis

Will MKTBX outperform in future?

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

Solid long-term track record.

Associate Director

Summary

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MainStay MacKay Tax Free Bond's dynamic approach to portfolio construction and security selection has delivered strong returns versus peers. The strategy’s cheaper R6 and I shares earn a Morningstar Analyst Rating of Bronze, while its more expensive share classes are rated Neutral.

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