The Time is Right for Municipal Bonds 2
With bond yields near 10-year highs across credit markets, today’s environment presents a compelling opportunity for strategies that offer exposure across the municipal bond market.
In this example, replacing 50% of passively managed funds with MMIT would lead to an increase in annual returns.
Complement or Replace Municipal Bond Solutions to Aim to Enhance Performance 1
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Seek to enhance total return potential through its subadvisor’s active management approach
Can complement or replace passive solutions while also adding the potential to generate alpha
Offers the potential to add a high-quality tax-exempt income stream to portfolios
Why MMIT Now?
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Overall Morningstar Rating based on the risk-adjusted returns from among 255 Muni National Intermediate funds, as of 11/30/2025
MTFGX
NYLI MacKay Strategic Muni Allocation Fund
Class I
FIXED INCOME
Overall Morningstar Rating based on the risk-adjusted returns from among 255 Muni National Intermediate funds, as of 11/30/2025
MMIT
NYLI MacKay Muni Intermediate ETF
Class I
FIXED INCOME
Class A Information
The Time is Right for Municipal Bonds 2
With bond yields near 10-year highs across credit markets, today’s environment presents a compelling opportunity for municipal bond funds.
The Fund’s flexible mandate allows the seasoned team at MacKay Municipal Managers to dynamically adjust the mix between investment grade and high yield, capitalizing on relative value opportunities as market conditions change.
Opportunistic When Market Conditions Change 3
Managed by MacKay Municipal Managers, leaders in municipal investing, NYLI MacKay Strategic Muni Allocation Fund (MTFGX) offers a turn-key, actively managed investment grade strategy with a flexible mandate to opportunistically invest up to 35% in high yield municipal bonds.
A Flexible Investment Mandate & Elevated Yields Make MTFGX Compelling
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Near 10-year highs across credit markets make today’s environment a compelling opportunity for municipal bonds
Has a flexible mandate that allows the team to capitalize on changes in market conditions
Offers comprehensive exposure across all segments of the municipal bond market
Why MTFGX Now?
View Product Details
Overall Morningstar Rating based on risk-adjusted returns from among 260 Muni National Intermediate funds, as of 03/31/25.
MTFGX
NYLI MacKay Strategic Muni Allocation Fund
Class I
FIXED INCOME
Overall Morningstar Rating based on risk-adjusted returns from among 260 Muni National Intermediate funds, as of 03/31/25.
MMIT
NYLI MacKay Muni Intermediate ETF
FIXED INCOME
Class A
With bond yields near 10-year highs across credit markets, today’s environment presents a compelling opportunity for strategies that offer exposure across the municipal bond market.
The Time is Right for Municipal Bonds
In this example, replacing 50% of passively managed funds with MMIT would lead to an increase in annual returns.
Replacing Part of a Passively Managed Investment-Grade Muni Portfolio Could Enhance Performance
View Product Details
Offers consistent performance and active management for a lower fee
Can complement or replace passive solutions with a Muni strategy that has the potential to generate alpha
Offers the potential to add a high-quality tax-exempt income stream to your clients’ portfolios
Why MMIT Now?
View Product Details
With bond yields near 10-year highs across credit markets, today’s environment presents a compelling opportunity for municipal bond funds.
The Time is Right for Municipal Bonds
MTFGX has a flexible mandate that allows the team to capitalize by adjusting the mix with changes in market conditions and relative value opportunities.
Opportunistic When Market Conditions Change
NYLI MacKay Strategic Muni Allocation Fund (MTFGX) is a turnkey, actively managed investment solution. MTFGX offers investors comprehensive exposure across all segments of the municipal bond market and looks to capitalize on market conditions and relative value opportunity.
A Flexible Investment Approach & Elevated Yields Make MTFGX a Fit for Today’s Market
View Product Details
Near 10-year highs across credit markets make today’s environment a compelling opportunity for municipal bonds
Has a flexible mandate that allows the team to capitalize on changes in market conditions
Offers comprehensive exposure across all segments of the municipal bond market
Why MTFGX Now?
View Product Details
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Overall Morningstar Rating based on risk-adjusted returns from among 260 Muni National Intermediate funds, as of 03/31/25
MTFGX
NYLI MacKay Strategic Muni Allocation Fund
Class I
FIXED INCOME
Class A Information
Source: Bloomberg
NYLI MacKay Muni Intermediate ETF
Click on the Fund Name, which includes the prospectus, investment objectives, performance, risk, and other essential information. Returns represent past performance, which is no guarantee of future results. Current performance may be lower or higher. Investment return and principal value will fluctuate, and shares, when redeemed, may be worth more or less than their original cost. Visit www.newyorklifeinvestments.com for the most recent month-end performance.
Source: Bloomberg Municipal 3 Year (2 - 4 Year) Index
With bond yields near 10-year highs across credit markets, today’s environment presents a compelling opportunity for municipal bond funds.
NYLI MacKay Muni Intermediate ETF
Click on the Fund Name, which includes the prospectus, investment objectives, performance, risk, and other essential information. Returns represent past performance, which is no guarantee of future results. Current performance may be lower or higher. Investment return and principal value will fluctuate, and shares, when redeemed, may be worth more or less than their original cost. Visit www.newyorklifeinvestments.com for the most recent month-end performance.
Source: Bloomberg Municipal 3 Year (2 - 4 Year) Index