MGVAX – NYLIM MacKay U.S. Infras Bd Cl A Investment Strategy | Morningstar

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Strategy

The investment seeks current income. The fund, under normal circumstances, invests at least 80% of its assets (net assets plus any borrowings for investment purposes) in an actively managed, diversified portfolio of U.S. infrastructure-related debt issuers and/or securities intended primarily to finance infrastructure-related activities. It invests at least 60% of its assets in taxable municipal debt securities. It may invest up to 20% of its assets in tax-exempt municipal debt securities.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
MGOIX	NYLIM MacKay U.S. Infrastructure Bond Class I	Institutional	Open			Jan 2, 2004	$1.39B	0.600%	High	$1M	$395.12M
MGVAX	NYLIM MacKay U.S. Infrastructure Bond Class A	Front Load	Open			Jan 3, 1995	$460.15M	0.850%	Above Average	$15,000	$7.97M
MGVNX	NYLIM MacKay U.S. Infrastructure Bond Investor Class	Front Load	Open			Feb 28, 2008	$10.46M	1.110%	High	$1,000	−$1.37M
MGVCX	NYLIM MacKay U.S. Infrastructure Bond Class C	Level Load	Open			Sep 1, 1998	$3.98M	1.860%	High	$1,000	−$234,914.11
MGVDX	NYLIM MacKay U.S. Infrastructure Bond Class R6	Retirement, Large	Open			Nov 1, 2019	$505.89M	0.510%	High	$0	$196.81M

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