9.70 Up unch unch
DETAILS
Symbol Value ($)
Morningstar Rating
Previous Close 9.70
Category Muni National Long
Net Assets 413.56 Mil
Yield 3.97%
Morningstar Risk Average
Morningstar Return Average
  • Last NAV update 4/24/2014 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 $10,000
  2010 2011 2012 2013 2014
Return 2.93% 10.73% 10.93% -3.92% 5.76%
Value ($) 10,292.90 11,396.84 12,643.00 12,147.44 12,846.53
  • Year to date performance as of 4/24/2014 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 1.83%
3 Months 3.24%
1 Year -0.10%
3 Years* 7.39%
5 Years* 6.59%
  • * Annualized returns
  • Performance as of 4/24/2014 12:00 AM ET
PEER COMPARISON
  MTBAX Muni National Long
5-Yr Return 6.59% 5.96%
Sharpe Ratio 1.37 -0.14
Net Assets 413.56 Mil 408.81 Mil
Avg Market Cap NA 288.31 Mil
Avg P/E NA NA
Portfolio Turnover 111 33
HOLDINGS
Symbol Value ($)
Stocks 0.00%
Cash 24.20%
Fixed Income 99.66%
Other 0.00%
TOP 10 HOLDINGS
NAME % NET ASSETS
Us 10yr Note (Cbt)jun14 Xcbt 20140619 18.76%
Us Long Bond(Cbt) Jun14 Xcbt 20140619 5.10%
Texas Mun Gas Acquisition & Su Rev Bd 5% 2.65%
Anaheim Calif Pub Fing Auth 4.75% 2.06%
Virgin Islands Pub Fin Auth 5% 1.98%
Orlando Fla Tourist Dev Tax Re 3rd 5.5% 1.96%
Hillsborough Cnty Fla Indl Dev Rev Re 5% 1.87%
Chicago Ill Brd Ed Go Dedica 5.5% 1.70%
Pennsylvania Econ Dev Fing Rev Bds 6% 1.58%
Chicago Ill Midway Arpt Rev Second 5.5% 1.55%
DATA PROVIDERS

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