9.83 Up +0.01 +0.10%
DETAILS
Symbol Value ($)
Morningstar Rating
Previous Close 9.82
Category Muni National Long
Net Assets 413.79 Mil
Yield 3.94%
Morningstar Risk Average
Morningstar Return Average
  • Last NAV update 7/30/2014 4:00 PM ET
INVESTMENT OBJECTIVE
NA
The investment seeks current income exempt from regular federal income tax. The fund, under normal circumstances, invests at least 80% of its assets (net assets plus borrowings for investment purposes) in municipal bonds that are rated investment grade. On average, it will invest in municipal bonds that have a maturity range of 10 to 30 years. The fund may not invest more than 20% of its net assets in tax-exempt securities subject to the federal alternative minimum tax.
CUMULATIVE PERFORMANCE OF $10,000
  2010 2011 2012 2013 2014
Return 2.93% 10.73% 10.93% -3.92% 8.30%
Value ($) 10,292.90 11,396.84 12,643.00 12,147.44 13,155.29
  • Year to date performance as of 7/30/2014 12:00 AM ET
MANAGEMENT & PURCHASE INFO
Symbol Value ($)
Fund Family MainStay
Fund Manager John Loffredo
Tenure (Years) 5
Fund Status Open
Minimum Initial Purchase 25,000.00
Minimum IRA Investment 25,000.00
Front Load 4.50
Expense Ratio 0.78%
PERFORMANCE
Symbol Value ($)
1 Month 0.21%
3 Months 2.23%
1 Year 9.98%
3 Years* 6.60%
5 Years* 6.60%
  • * Annualized returns
  • Performance as of 7/30/2014 12:00 AM ET
PEER COMPARISON
  MTBAX Muni National Long
5-Yr Return 6.60% 5.83%
Sharpe Ratio 1.31 1.25
Net Assets 413.79 Mil 408.81 Mil
Avg Market Cap NA 30.88 Bil
Avg P/E NA NA
Portfolio Turnover 111 34
HOLDINGS
Symbol Value ($)
Stocks 0.00%
Cash 0.49%
Fixed Income 132.74%
Other 0.00%
TOP 10 HOLDINGS
NAME % NET ASSETS
Us 10yr Note (Cbt)sep14 Xcbt 20140919 23.44%
Us Long Bond(Cbt) Sep14 Xcbt 20140919 9.79%
Puerto Rico Comwlth Hwy & Tran Rev 5.25% 3.28%
Texas Mun Gas Acquisition & Su Rev Bd 5% 3.25%
Anaheim Calif Pub Fing Auth 4.75% 2.66%
Virgin Islands Pub Fin Auth 5% 2.63%
Orlando Fla Tourist Dev Tax Re 3rd 5.5% 2.46%
Hillsborough Cnty Fla Indl Dev Rev Re 5% 2.42%
Chicago Ill Brd Ed Go Dedica 5% 2.38%
Chicago Ill Brd Ed Go Dedica 5.5% 2.17%
DATA PROVIDERS

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