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MainStay MacKay CA Tax Free Opps A (MSCAX)

Nasdaq - Nasdaq Delayed Price. Currency in USD
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9.69+0.03 (+0.31%)
At close: 08:00PM EDT

MainStay MacKay CA Tax Free Opps A

Parsippany NJ 07054

169 Lackawanna Ave

Mainstay Funds Trust

800 624 6782
Management Information
Robert A. DiMella,Lead Manager since February 27, 2013
Robert joined MacKay Shields in July 2009 when the firm acquired the assets of Mariner Municipal Managers LLC. He was the President and co-founder of Mariner Municipal Managers from 2007 to 2009. He has been a municipal portfolio manager since 1992, with a broad range of trading and portfolio management experience in the municipal markets. Robert was a Managing Director and Co-Head of BlackRock’s Municipal Portfolio Management Group (from 2006 to 2007). Prior to BlackRock’s merger with Merrill Lynch Investment Managers, he served as a Senior Portfolio Manager and Managing Director of the Municipal Products Group. He was employed by Merrill Lynch from 1993 to 2006. Robert is a member of the firm’s Senior Leadership Team. He earned his Master’s degree at Rutgers University Business School and an undergraduate degree at the University of Connecticut. He is a CFA Charterholder.
Morningstar Style Box
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Morningstar Category
While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

Fund Overview

CategoryMuni California Long
Fund FamilyNew York Life Investment Management LLC
Net Assets1.17B
YTD Return0.38%
Yield3.52%
Morningstar Rating★★★★
Inception DateAug 30, 2020

Fund Operations

Last Dividend0.12
Last Cap Gain-18.00
Holdings Turnover66.00%
Average for CategoryN/A

Fees & Expenses

ExpenseMSCAXCategory Average
Annual Report Expense Ratio (net)1.18%0.79%
Prospectus Net Expense Ratio1.18%N/A
Prospectus Gross Expense Ratio1.20%N/A
Max 12b1 FeeN/AN/A
Max Front End Sales LoadN/A3.72%
Max Deferred Sales LoadN/A1.30%
3 Yr Expense Projection0N/A
5 Yr Expense Projection0N/A
10 Yr Expense Projection0N/A