MGVNX – Fund Analysis – NYLIM MacKay U.S. Infras Bd Inv Cl | Morningstar

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Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable MGVNX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar

The People Pillar is our evaluation of the MGVNX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar

The Parent Pillar is our rating of MGVNX’s parent organization’s priorities and whether they’re in line with investors’ interests.

This taxable municipal offering stands up to traditional core bonds.

Principal Paul Olmsted

Paul Olmsted

Principal

Summary

New York Life Investments MacKay US Infrastructure benefits from an experienced and stable team of municipal-bond specialists and a disciplined investment process.

by Paul Olmsted

Rated on Apr 27, 2026 Published on Apr 27, 2026

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