See what your fund actually adds
NYLI MacKay Strategic Muni Allocation Investor Class MTFEX
Historical return decomposition and an investable replication portfolio, using data through 2026-10-09.
Fund and replication metrics
| Measure | MTFEX | Replication |
|---|---|---|
| Annualized growth | 0.5% | 0.4% |
| Annualized volatility | 4.2% | 4.4% |
| Sharpe ratio | 0.14 | 0.10 |
| Maximum drawdown | 11.2% | 10.8% |
| Replication fit (R²) | 0.95 · Tracking error 0.9% | |
Replication portfolio
The published portfolio below is the investable basket used to model MTFEX’s historical return behavior.
| Ticker | Building block | Weight |
|---|---|---|
| MUB | FI · Municipal | 85.3% |
| VCSH | FI · Short Corp | 14.7% |