MCOIX | MAINSTAY CALIFORNIA TAX FREE OPPORTUNITIES FUND CLASS I

Basic Info 9.74 0(0.0%)

MAINSTAY CALIFORNIA TAX FREE OPPORTUNITIES FUND CLASS I started on 03/01/2013

MAINSTAY CALIFORNIA TAX FREE OPPORTUNITIES FUND CLASS I is classified as asset class EQUITY

MAINSTAY CALIFORNIA TAX FREE OPPORTUNITIES FUND CLASS I expense ratio is 0.75%

MAINSTAY CALIFORNIA TAX FREE OPPORTUNITIES FUND CLASS I rating is

(66%)

MAINSTAY CALIFORNIA TAX FREE OPPORTUNITIES FUND CLASS I (MCOIX) Dividend Info

MAINSTAY CALIFORNIA TAX FREE OPPORTUNITIES FUND CLASS I (MCOIX) dividend growth in the last 12 months is 20.44%

The trailing 12-month yield of MAINSTAY CALIFORNIA TAX FREE OPPORTUNITIES FUND CLASS I is 3.83%. its dividend history:

Date	Dividend
04/30/2024	0.0307
03/28/2024	0.0319
02/29/2024	0.0301
01/31/2024	0.0312
12/29/2023	0.0318
11/30/2023	0.0308
10/31/2023	0.0313
09/29/2023	0.03
08/31/2023	0.0307
07/31/2023	0.0306
06/30/2023	0.0298
05/31/2023	0.0306
04/28/2023	0.0294
03/31/2023	0.0306
02/28/2023	0.027
01/31/2023	0.0299
11/30/2022	0.0281
10/31/2022	0.0282
09/30/2022	0.0264
08/31/2022	0.0272
07/29/2022	0.027
06/30/2022	0.0256
05/31/2022	0.0274
04/29/2022	0.0245
03/31/2022	0.0268
02/28/2022	0.0215
01/31/2022	0.0007
12/31/2021	0.0233
11/30/2021	0.022
10/29/2021	0.022
09/30/2021	0.0216
08/31/2021	0.0213
07/30/2021	0.022
06/30/2021	0.0204
05/28/2021	0.023
04/30/2021	0.0208
03/31/2021	0.0225
02/26/2021	0.023
01/29/2021	0.023
12/31/2020	0.029
11/30/2020	0.024
10/30/2020	0.024
09/30/2020	0.024
08/31/2020	0.023
07/31/2020	0.024
06/30/2020	0.025
05/29/2020	0.026
04/30/2020	0.026
03/31/2020	0.026
02/28/2020	0.026
01/31/2020	0.025
12/31/2019	0.025
11/29/2019	0.025
10/31/2019	0.024
09/30/2019	0.026
08/30/2019	0.025
07/31/2019	0.026
06/28/2019	0.026
05/31/2019	0.026
04/30/2019	0.026
03/29/2019	0.026
02/28/2019	0.026
01/31/2019	0.025
12/31/2018	0.0255
11/30/2018	0.0265
10/31/2018	0.0266
09/28/2018	0.028
08/31/2018	0.0282
07/31/2018	0.028
06/29/2018	0.029
05/31/2018	0.03
04/30/2018	0.03
03/29/2018	0.029
02/28/2018	0.028
01/31/2018	0.028
12/29/2017	0.027
11/30/2017	0.027
10/31/2017	0.027
09/29/2017	0.029
08/31/2017	0.029
07/31/2017	0.03
06/30/2017	0.03
05/31/2017	0.03
04/28/2017	0.03
03/31/2017	0.03
02/28/2017	0.03
01/31/2017	0.029
12/30/2016	0.029
11/30/2016	0.027
10/31/2016	0.027
08/31/2016	0.028
07/29/2016	0.029
06/30/2016	0.029
05/31/2016	0.03
04/29/2016	0.031
03/31/2016	0.031
02/29/2016	0.031
01/29/2016	0.033
12/31/2015	0.032
11/30/2015	0.033
10/30/2015	0.033
09/30/2015	0.034
07/31/2015	0.034
06/30/2015	0.033
05/29/2015	0.032
04/30/2015	0.033
03/31/2015	0.032
02/27/2015	0.032
01/30/2015	0.032
12/31/2014	0.031
11/28/2014	0.03
10/31/2014	0.031
09/30/2014	0.031
08/29/2014	0.028
07/31/2014	0.034
06/30/2014	0.035
05/30/2014	0.035
04/30/2014	0.033
03/31/2014	0.035
02/28/2014	0.035
01/31/2014	0.032
12/31/2013	0.033
11/29/2013	0.034
10/31/2013	0.034
09/30/2013	0.034
08/30/2013	0.032
07/31/2013	0.033
06/28/2013	0.032
05/31/2013	0.032
04/30/2013	0.027
03/28/2013	0.012

Dividend Growth History for MAINSTAY CALIFORNIA TAX FREE OPPORTUNITIES FUND CLASS I (MCOIX)

Year	Payout Amount	Year Start Yield	Annual Payout Growth (YoY)	CAGR to 2023
2023	$0.3625	3.80%	37.62%	-
2022	$0.2634	2.38%	-0.57%	37.62%
2021	$0.2649	2.40%	-12.28%	16.98%
2020	$0.302	2.80%	-1.31%	6.28%
2019	$0.306	2.99%	-9.14%	4.33%
2018	$0.3368	3.25%	-3.22%	1.48%
2017	$0.348	3.46%	7.08%	0.68%
2016	$0.325	3.16%	-9.72%	1.57%
2015	$0.36	3.56%	-7.69%	0.09%
2014	$0.39	4.28%	28.71%	-0.81%
2013	$0.303	3.03%	-	1.81%

Dividend Growth Chart for MAINSTAY CALIFORNIA TAX FREE OPPORTUNITIES FUND CLASS I (MCOIX)

MAINSTAY CALIFORNIA TAX FREE OPPORTUNITIES FUND CLASS I (MCOIX) Historical Returns And Risk Info

From 07/09/2018 to 05/13/2024, the compound annualized total return (dividend reinvested) of MAINSTAY CALIFORNIA TAX FREE OPPORTUNITIES FUND CLASS I (MCOIX) is 1.992%. Its cumulative total return (dividend reinvested) is 12.195%.

From 07/09/2018 to 05/13/2024, the Maximum Drawdown of MAINSTAY CALIFORNIA TAX FREE OPPORTUNITIES FUND CLASS I (MCOIX) is 16.9%.

From 07/09/2018 to 05/13/2024, the Sharpe Ratio of MAINSTAY CALIFORNIA TAX FREE OPPORTUNITIES FUND CLASS I (MCOIX) is 0.48.

From 07/09/2018 to 05/13/2024, the Annualized Standard Deviation of MAINSTAY CALIFORNIA TAX FREE OPPORTUNITIES FUND CLASS I (MCOIX) is 4.4%.

From 07/09/2018 to 05/13/2024, the Beta of MAINSTAY CALIFORNIA TAX FREE OPPORTUNITIES FUND CLASS I (MCOIX) is 0.04.

	Last 1 Week*	YTD*(2024)	1 Yr	3 Yr	5 Yr	10 Yr	Since 07/09/2018	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013
Annualized Return(%)	0.4	0.5	4.9	-1.1	1.4	3.3	2.0	7.0	-11.2	2.5	5.1	8.5	1.9	6.7	0.9	5.5	15.4	-6.0
Sharpe Ratio	NA	-0.76	0.26	-0.76	-0.03	0.51	0.48	0.65	-2.12	1.28	0.5	3.42	0.32	2.6	0.19	2.55	7.26	-1.38
Draw Down(%)	NA	1.8	5.9	16.9	16.9	16.9	16.9	6.1	16.9	2.5	13.9	1.7	1.8	1.4	7.5	1.9	0.9	11.2
Standard Deviation(%)	NA	3.2	4.2	4.5	5.7	4.4	4.4	4.3	6.0	2.0	9.7	2.1	2.0	2.4	3.4	2.1	2.1	5.2
Treynor Ratio	NA	-1.07	0.13	-0.67	-0.03	0.51	0.51	0.38	-2.29	6.63	0.53	-1.46	1.24	-1.2	-0.16	-3.1	-3.07	-1.39
Alpha	NA	-0.01	0.0	-0.01	0.0	0.01	0.01	0.01	-0.05	0.01	0.01	0.03	0.0	0.03	0.0	0.02	0.06	-0.03
Beta	NA	0.02	0.08	0.05	0.07	0.04	0.04	0.07	0.06	0.0	0.09	-0.05	0.01	-0.05	-0.04	-0.02	-0.05	0.05
RSquare	NA	0.01	0.06	0.04	0.07	0.03	0.03	0.05	0.05	0.0	0.11	0.09	0.0	0.02	0.02	0.02	0.08	0.01
Yield(%)	N/A	1.2	3.8	2.8	2.9	3.3	N/A	3.8	2.5	2.2	2.7	3.0	3.5	3.6	3.2	3.3	4.4	2.8
Dividend Growth(%)	N/A	-66.7	20.4	N/A	N/A	N/A	N/A	28.6	16.7	-17.2	-6.5	-13.9	0.0	9.1	0.0	-17.5	42.9	N/A

Return Calculator for MAINSTAY CALIFORNIA TAX FREE OPPORTUNITIES FUND CLASS I (MCOIX)

Calculate Performance

Start date (MM/dd/yyyy)

End date (MM/dd/yyyy)

Click here for comparison with other funds, portfolios or stocks

MAINSTAY CALIFORNIA TAX FREE OPPORTUNITIES FUND CLASS I (MCOIX) Historical Return Chart

Click here for interactive chart

MAINSTAY CALIFORNIA TAX FREE OPPORTUNITIES FUND CLASS I (MCOIX) Rolling Returns Charts

A rolling return for a period such as 5-year, as of a specific date, represents the investment’s performance over the preceding five years leading up to that date. In the 5-year rolling chart, the value on any given date corresponds to the annualized return for the preceding 5 years up to that very date. Thus, for instance, the chart value on 8/28/2015 reflects the annualized return from 8/28/2010 to 8/28/2015. A 5-year rolling return chart for an investment (stock, fund or portfolio) depicts the return sequence of 5-year trailing returns for the dates in the chart.

These rolling returns contrast with the most recent 3, 5, 10, and 15-year returns, as they solely depict the returns for those respective periods leading up to the most recent date, without encompassing every date in the historical record.

Rolling return charts offer a more precise insight into a portfolio’s risk and return stability (including funds or individual stocks). This is particularly true when focusing on the minimal return points within a rolling return chart as a measure of a fund or a portfolio's risk. A well-known observation, often attributed to ‘Murphy’s law’, is that it tends to perform poorly when investors decide to follow an investment due to its recent strong returns. Sound familiar? Information regarding minimum rolling returns could help mitigate this predicament. Investors can opt for an investment showcasing high minimum rolling returns within their preferred holding durations. In fact, merely possessing knowledge of such minimum rolling period returns can anchor investors’ expectations.

For instance, let’s consider an investor who follows a model portfolio (or even simply purchases and holds a fund like VFINX or SPY) for 10 years. Armed with knowledge of this portfolio’s minimum 10-year rolling return since its inception date or the fund’s inception (in the case of VFINX, recognizing that the minimum 10-year rolling return since 1987 could be as low as -2.24%), the investor should reasonably anticipate the potential for the portfolio to incur losses over the forthcoming 10 years.

Minimum rolling return for a period such as 10-year offers a different and often better historical risk and return metric than other popular risk and return metrics such as Sharpe ratio, standard deviation (volatility) or maximum drawdown.

See Portfolio Calculator and Rolling Returns for more detailed description.

From 07/09/2018 to 05/13/2024, the worst annualized return of 3-year rolling returns for MAINSTAY CALIFORNIA TAX FREE OPPORTUNITIES FUND CLASS I (MCOIX) is -3.25%.

From 07/09/2018 to 05/13/2024, the worst annualized return of 5-year rolling returns for MAINSTAY CALIFORNIA TAX FREE OPPORTUNITIES FUND CLASS I (MCOIX) is 0.45%.

From 07/09/2018 to 05/13/2024, the worst annualized return of 10-year rolling returns for MAINSTAY CALIFORNIA TAX FREE OPPORTUNITIES FUND CLASS I (MCOIX) is 3.27%.

From 07/09/2018 to 05/13/2024, the worst annualized return of 20-year rolling returns for MAINSTAY CALIFORNIA TAX FREE OPPORTUNITIES FUND CLASS I (MCOIX) is NA.

Related Articles for MAINSTAY CALIFORNIA TAX FREE OPPORTUNITIES FUND CLASS I(MCOIX)