MainStay MacKay Tax Free Bond fund, Class Investor (MKINX)

The MainStay MacKay Tax Free Bond fund, Class Investor (MKINX) is a mutual fund that primarily invests in tax-exempt bonds issued by state and local governments. This fund aims to provide investors with a steady stream of tax-free income while also preserving capital. It is managed by MainStay Investments and MacKay Shields, two well-respected investment firms. MKINX is a suitable option for investors seeking a low-risk, tax-efficient investment vehicle.