MainStay MacKay Tax Free Bond Fund Class C2 (MTSPX)

The MainStay MacKay Tax Free Bond Fund Class C2 (MTSPX) 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 Municipal Managers and has a focus on high-quality, investment-grade bonds. The Class C2 shares of this fund have a lower expense ratio compared to other share classes, making it an attractive option for investors seeking tax-free income with lower fees.