Mainstay Tax is trading at 9.44 as of the 28th of November 2024; that is 0.11 percent increase since the beginning of the trading day. The fund's open price was 9.43. Mainstay Tax has about a 21 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Mainstay Tax Free are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2024 and ending today, the 28th of November 2024. Click here to learn more.
The fund, under normal circumstances, invests at least 80 percent of its assets 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 percent of its net assets in tax-exempt securities subject to the federal alternative minimum tax.. More on Mainstay Tax Free
Mainstay Tax Free [MKTBX] is traded in USA and was established 28th of November 2024. Mainstay Tax is listed under New York Life Investment Management LLC category by Fama And French industry classification. The fund is listed under Muni National Long category and is part of New York Life Investment Management LLC family. This fund now has accumulated 8.29 B in assets with no minimum investment requirementsMainstay Tax Free is currently producing year-to-date (YTD) return of 1.69% with the current yeild of 0.01%, while the total return for the last 3 years was -1.15%.
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Other Information on Investing in Mainstay Mutual Fund
Mainstay Tax financial ratios help investors to determine whether Mainstay Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Mainstay with respect to the benefits of owning Mainstay Tax security.