MNOAX – NYLIM MacKay New York Muni Class A Investment Strategy | Morningstar

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Strategy

The investment seeks current income exempt from federal and New York State and, in some cases, New York local income taxes. The fund, under normal circumstances, invests at least 80% of its assets (net assets plus any borrowings for investment purposes) in municipal bonds, whose interest is, in the opinion of bond counsel for the issuers at the time of issuance, exempt from federal and New York income taxes. It generally invests in municipal bonds that have a maturity of five years or longer at the time of purchase.

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
MNOIX	NYLIM MacKay New York Muni Class I	Institutional	Open			May 14, 2012	$583.73M	0.500%	Below Average	$1M	$112.29M
MNOAX	NYLIM MacKay New York Muni Class A	Front Load	Open			May 14, 2012	$935.31M	0.750%	Below Average	$15,000	$57.22M
MNOVX	NYLIM MacKay New York Muni Investor Class	Front Load	Open			May 14, 2012	$442,169.00	0.780%	Average	$2,500	$30,895.84
MNOCX	NYLIM MacKay New York Muni Class C	Level Load	Open			May 14, 2012	$34.48M	1.030%	Low	$2,500	−$13.37M
MNOLX	NYLIM MacKay New York Muni Class C2	Level Load	Open			Aug 31, 2020	$2.51M	1.180%	Low	$2,500	$47,922.30
MNODX	NYLIM MacKay New York Muni Class R6	Retirement, Large	Open			Nov 1, 2019	$20.19M	0.480%	Below Average	$0	$15.64M

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