MainStay High Yield Municipal Bond A
(MMHAX)
US Markets Closed
AdChoices
11.95
-0.01
-0.05%
:

Previous Close

11.96

Net Assets

468.59M

Yield

4.46%

Front load

4.50

Expenses

0.87%

Category

High-Yield Muni

Morningstar Risk

Above Average

Morningstar Rating ★★★
AdChoices
Performance
Returns %
Key statistics
  • Composition
  • Performance
  • Top Holdings
  • Top Rated Funds
  • Fund vs. Category
Quarterly Returns
  • Annual

  • MMHAX

  • Category

    • 2013

    • -5.87%

    • -

    • 2012

    • 16.84%

    • -

    • 2011

    • 11.96%

    • -

    • 2010

    • -

    • -

    • 2013

    • 2012

    • 2011

      • Q1

      • 1.84%

      • 6.04%

      • -0.37%

      • Q2

      • -4.95%

      • 3.84%

      • 5.34%

      • Q3

      • -2.81%

      • 3.71%

      • 4.41%

      • Q4

      • 0.05%

      • 2.32%

      • 2.17%

      Composition
      • Name

      • % Portfolio Weight

      • Shares Held

      • Change

        • Golden St Tob Securitization C Enhanc 5%

        • 2.09

        • 28,275,000

        • 0

        • Puerto Rico Comwlth Infrastruc Spec 5.5%

        • 1.69

        • 24,075,000

        • 0

        • Indiana St Fin Auth

        • 1.56

        • 21,500,000

        • 15,000,000

        • Puerto Rico Comwlth Hwy & Tran Tra 5.25%

        • 1.25

        • 20,000,000

        • 0

        • Dutchess Cnty N Y Indl Dev Agy Rev Bd 5%

        • 1.23

        • 17,000,000

        • 0

        • Metropolitan Wash D C Arpts Au Second 5%

        • 1.13

        • 14,900,000

        • -100,000

        • Guam Govt Wtrwks Auth 5.5%

        • 1.10

        • 13,565,000

        • 0

        • Ohio Cnty Ky Pollution Ctl Rev Ref Re 6%

        • 1.07

        • 15,970,000

        • 0

        • Illinois St Go Bonds 5%

        • 1.02

        • 14,000,000

        • -1,000,000

        • Texas Private Activity Bd Surf Rev 6.75%

        • 1.00

        • 11,500,000

        • 0

        • Name

        • Rating

        • YTD Return %

          • MainStay High Yield Municipal Bond I

          • ★★★★★
          • 15.70

          • Oppenheimer Rochester® High Yld Muni Y

          • ★★★★★
          • 14.15

          • Oppenheimer Rochester® AMT-Free Munis Y

          • ★★★★★
          • 14.28

          • AllianceBern High Income Municipal Adv

          • ★★★★★
          • 16.44

          • MainStay High Yield Municipal Bond A LW

          • ★★★★★
          • 15.47

          • Invesco High Yield Muni A Load Waived

          • ★★★★★
          • 15.28

          • Delaware National Hi-Yld Muni Bd Instl

          • ★★★★★
          • 14.45

          • Invesco High Yield Muni Y

          • ★★★★★
          • 15.61

          • BlackRock High Yield Municipal Instl

          • ★★★★★
          • 15.83

          • Prudential Municipal Hi-Inc Z

          • ★★★★★
          • 13.78

          • Name

          • MMHAX

          • Category

            • Expense Ratio

            • 0.87%

            • 1.00%

            • Net Assets

            • 468.59M

            • 376.41M

            • Dividend Yield

            • -

            • 0.00

            • Price/Book

            • -

            • -

            • Price/Sales

            • -

            • -

            • Price/Cash Flow

            • -

            • -

            Profile

            Name of Issuer

            MainStay

            Fund Style

            Open

            Fund Manager

            John Loffredo

            Investment Style

            -

            The investment seeks a high level of current income exempt from federal income taxes; the secondary objective is total return. The fund invests at least 80% of its assets in municipal bonds. The Subadvisor intends to invest at least 65% of the fund's net assets in medium- to low-quality bonds as rated by at least one independent rating agency, including up to 10% of its net assets in municipal bonds that are the subject of bankruptcy proceedings, that are in default as to the payment of principal or interest, or that are rated in the lowest rating category by an independent rating agency or if unrated, judged to be of comparable quality by the Subadvisor.

            Purchase Information

            Initial Purchase 25,000
            Initial Purchase: IRA 25,000
            Initial Purchase: AIP NA
            Front load 4.50
            Back Load 4.50

            Inception

            3/31/2010