9.97 Up +0.01 +0.10%
DETAILS
Symbol Value ($)
Morningstar Rating
Previous Close 9.96
Category Muni National Long
Net Assets 414.05 Mil
Yield 3.91%
Morningstar Risk Above Average
Morningstar Return Average
  • Last NAV update 9/18/2014 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 $10,000
  2010 2011 2012 2013 2014
Return 2.93% 10.73% 10.93% -3.92% 10.29%
Value ($) 10,292.90 11,396.84 12,643.00 12,147.44 13,397.16
  • Year to date performance as of 9/17/2014 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 1.02%
3 Months 2.42%
1 Year 12.97%
3 Years* 6.76%
5 Years* 5.98%
  • * Annualized returns
  • Performance as of 9/17/2014 12:00 AM ET
PEER COMPARISON
  MTBAX Muni National Long
5-Yr Return 5.98% 4.86%
Sharpe Ratio 1.33 3.25
Net Assets 414.05 Mil 408.81 Mil
Avg Market Cap NA 28.00 Bil
Avg P/E NA NA
Portfolio Turnover 111 35
HOLDINGS
Symbol Value ($)
Stocks 0.00%
Cash 0.71%
Fixed Income 131.20%
Other 0.00%
TOP 10 HOLDINGS
NAME % NET ASSETS
Us 10yr Note (Cbt)sep14 Xcbt 20140919 22.46%
Us Long Bond(Cbt) Sep14 Xcbt 20140919 9.45%
Texas Mun Gas Acquisition & Su Rev Bd 5% 3.15%
Puerto Rico Comwlth Hwy & Tran Rev 5.25% 2.90%
Anaheim Calif Pub Fing Auth 4.75% 2.56%
Virgin Islands Pub Fin Auth 5% 2.52%
Orlando Fla Tourist Dev Tax Re 3rd 5.5% 2.40%
Hillsborough Cnty Fla Indl Dev Rev Re 5% 2.32%
Chicago Ill Brd Ed Go Dedica 5% 2.25%
Chicago Ill Brd Ed Go Dedica 5.5% 2.06%
DATA PROVIDERS

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