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MainStay MacKay High Yield Muncpl Bd I MMHIX

Analyst rating as of
NAV / 1-Day Return
11.72  /  0.90 %
Total Assets
9.4 Bil
Adj. Expense Ratio
0.600%
Expense Ratio
0.600%
Fee Level
Average
Longest Manager Tenure
12.26 years
Category
High Yield Muni
Credit Quality / Interest Rate Sensitivity
Min. Initial Investment
1,000,000
Status
Open
TTM Yield
3.48%
Effective Duration
9.09 years

Morningstar’s Analysis

Will MMHIX outperform in future?

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

An aggressive yet disciplined approach to high-yield munis.

Associate Director

Summary

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MainStay MacKay High Yield Municipal Bond stands out for its seasoned team and aggressive yet disciplined approach supporting a Morningstar Analyst Rating of Bronze for most share classes, while its expensive C share class is rated Neutral.

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