MSCVX | MAINSTAY CALIFORNIA TAX FREE OPPORTUNITIES FUND INVESTOR CLASS

Basic Info 9.74 0(0.0%)

MAINSTAY CALIFORNIA TAX FREE OPPORTUNITIES FUND INVESTOR CLASS started on 09/28/2000

MAINSTAY CALIFORNIA TAX FREE OPPORTUNITIES FUND INVESTOR CLASS is classified as asset class Muni California Long

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

MAINSTAY CALIFORNIA TAX FREE OPPORTUNITIES FUND INVESTOR CLASS rating is

(12%)

MAINSTAY CALIFORNIA TAX FREE OPPORTUNITIES FUND INVESTOR CLASS (MSCVX) Dividend Info

MAINSTAY CALIFORNIA TAX FREE OPPORTUNITIES FUND INVESTOR CLASS (MSCVX) dividend growth in the last 12 months is 21.26%

The trailing 12-month yield of MAINSTAY CALIFORNIA TAX FREE OPPORTUNITIES FUND INVESTOR CLASS is 3.55%. its dividend history:

Date	Dividend
04/30/2024	0.0285
03/28/2024	0.0296
02/29/2024	0.028
01/31/2024	0.0289
12/29/2023	0.0295
11/30/2023	0.0287
10/31/2023	0.0292
09/29/2023	0.0278
08/31/2023	0.0284
07/31/2023	0.0283
06/30/2023	0.0276
05/31/2023	0.0283
04/28/2023	0.0272
03/31/2023	0.0284
02/28/2023	0.025
01/31/2023	0.0276
11/30/2022	0.0259
10/31/2022	0.0261
09/30/2022	0.0243
08/31/2022	0.0249
07/29/2022	0.0248
06/30/2022	0.0235
05/31/2022	0.025
04/29/2022	0.0222
03/31/2022	0.0244
02/28/2022	0.0193
01/31/2022	0.0206
12/31/2021	0.0207
11/30/2021	0.0196
10/29/2021	0.0199
09/30/2021	0.0191
08/31/2021	0.0187
07/30/2021	0.0197
06/30/2021	0.0179
05/28/2021	0.0201
04/30/2021	0.0183
03/31/2021	0.02
02/26/2021	0.0204
01/29/2021	0.0201
12/31/2020	0.0261
11/30/2020	0.0208
10/30/2020	0.0219
09/30/2020	0.0219
08/31/2020	0.0208
07/31/2020	0.0214
06/30/2020	0.023
06/29/2020	0.0226
05/29/2020	0.0231
04/30/2020	0.0234
03/31/2020	0.024
02/28/2020	0.023
01/31/2020	0.0222
12/31/2019	0.0225
11/29/2019	0.0221
10/31/2019	0.0219
09/30/2019	0.0232
08/30/2019	0.0228
07/31/2019	0.0234
06/28/2019	0.0236
05/31/2019	0.0232
04/30/2019	0.024
03/29/2019	0.0236
02/28/2019	0.0235
01/31/2019	0.0225
12/31/2018	0.0231
11/30/2018	0.0242
10/31/2018	0.0242
09/28/2018	0.0257
08/31/2018	0.0257
07/31/2018	0.0255
06/29/2018	0.027
05/31/2018	0.027
04/30/2018	0.028
03/29/2018	0.026
02/28/2018	0.026
01/31/2018	0.026
12/29/2017	0.025
11/30/2017	0.025
10/31/2017	0.025
09/29/2017	0.027
08/31/2017	0.027
07/31/2017	0.027
06/30/2017	0.028
05/31/2017	0.027
04/28/2017	0.028
03/31/2017	0.028
02/28/2017	0.028
01/31/2017	0.027
12/30/2016	0.027
11/30/2016	0.025
10/31/2016	0.024
08/31/2016	0.025
07/29/2016	0.026
06/30/2016	0.027
05/31/2016	0.027
04/29/2016	0.028
03/31/2016	0.029
02/29/2016	0.029
01/29/2016	0.03
12/31/2015	0.03
11/30/2015	0.03
10/30/2015	0.031
09/30/2015	0.032
07/31/2015	0.031
06/30/2015	0.03
05/29/2015	0.029
04/30/2015	0.029
03/31/2015	0.029
02/27/2015	0.029
01/30/2015	0.03
12/31/2014	0.029
11/28/2014	0.028
10/31/2014	0.029
09/30/2014	0.029
08/29/2014	0.025
07/31/2014	0.03
06/30/2014	0.032
05/30/2014	0.031
04/30/2014	0.029
03/31/2014	0.031
02/28/2014	0.032
01/31/2014	0.028
12/31/2013	0.029
11/29/2013	0.03
10/31/2013	0.029
09/30/2013	0.027
08/30/2013	0.03
07/31/2013	0.031
06/28/2013	0.029
05/31/2013	0.029
04/30/2013	0.025
03/28/2013	0.01

Dividend Growth History for MAINSTAY CALIFORNIA TAX FREE OPPORTUNITIES FUND INVESTOR CLASS (MSCVX)

Year	Payout Amount	Year Start Yield	Annual Payout Growth (YoY)	CAGR to 2023
2023	$0.336	3.52%	28.74%	-
2022	$0.261	2.36%	11.30%	28.74%
2021	$0.2345	2.13%	-20.29%	19.70%
2020	$0.2942	2.73%	6.48%	4.53%
2019	$0.2763	2.70%	-10.41%	5.01%
2018	$0.3084	2.97%	-4.22%	1.73%
2017	$0.322	3.20%	8.42%	0.71%
2016	$0.297	2.88%	-10.00%	1.78%
2015	$0.33	3.26%	-6.52%	0.23%
2014	$0.353	3.87%	31.23%	-0.55%
2013	$0.269	2.69%	-	2.25%

Dividend Growth Chart for MAINSTAY CALIFORNIA TAX FREE OPPORTUNITIES FUND INVESTOR CLASS (MSCVX)

MAINSTAY CALIFORNIA TAX FREE OPPORTUNITIES FUND INVESTOR CLASS (MSCVX) Historical Returns And Risk Info

From 09/28/2000 to 05/13/2024, the compound annualized total return (dividend reinvested) of MAINSTAY CALIFORNIA TAX FREE OPPORTUNITIES FUND INVESTOR CLASS (MSCVX) is -2.779%. Its cumulative total return (dividend reinvested) is -27.029%.

From 09/28/2000 to 05/13/2024, the Maximum Drawdown of MAINSTAY CALIFORNIA TAX FREE OPPORTUNITIES FUND INVESTOR CLASS (MSCVX) is 51.6%.

From 09/28/2000 to 05/13/2024, the Sharpe Ratio of MAINSTAY CALIFORNIA TAX FREE OPPORTUNITIES FUND INVESTOR CLASS (MSCVX) is -0.13.

From 09/28/2000 to 05/13/2024, the Annualized Standard Deviation of MAINSTAY CALIFORNIA TAX FREE OPPORTUNITIES FUND INVESTOR CLASS (MSCVX) is 19.2%.

From 09/28/2000 to 05/13/2024, the Beta of MAINSTAY CALIFORNIA TAX FREE OPPORTUNITIES FUND INVESTOR CLASS (MSCVX) is -0.48.

	Last 1 Week*	YTD*(2024)	1 Yr	3 Yr	5 Yr	10 Yr	Since 09/28/2000	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013
Annualized Return(%)	0.4	0.4	4.6	-1.3	1.2	3.0	-1.3	6.8	-11.2	2.2	5.1	8.2	1.7	6.4	0.7	5.2	14.9	-49.8
Sharpe Ratio	NA	-0.84	0.19	-0.81	-0.07	0.45	-0.13	0.59	-2.13	1.17	0.49	3.34	0.19	2.49	0.14	2.41	6.94	-0.09
Draw Down(%)	NA	1.8	6.1	17.0	17.0	17.0	51.6	6.3	16.9	2.5	13.9	1.7	1.8	1.4	7.6	2.0	0.9	51.6
Standard Deviation(%)	NA	3.2	4.2	4.5	5.7	4.3	19.2	4.3	6.0	1.9	9.7	2.0	1.9	2.3	3.4	2.1	2.2	68.2
Treynor Ratio	NA	-0.03	0.01	-0.04	0.0	0.02	0.05	0.03	-0.12	0.02	0.04	0.08	0.0	0.08	0.0	0.08	0.17	0.12
Alpha	NA	0.01	0.0	0.0	0.0	0.0	0.01	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.01	0.02	-0.05
Beta	NA	0.93	0.91	0.98	1.05	1.0	-0.48	0.87	1.08	0.95	1.11	0.86	0.79	0.77	0.97	0.64	0.86	-0.51
RSquare	NA	0.9	0.95	0.92	0.95	0.92	0.81	0.92	0.94	0.81	0.98	0.84	0.78	0.8	0.9	0.55	0.76	0.98
Yield(%)	N/A	1.2	3.6	2.6	2.7	3.1	N/A	3.7	2.2	2.2	2.5	2.3	3.2	3.3	2.9	3.3	3.8	2.7
Dividend Growth(%)	N/A	-65.7	21.3	1.9	-10.1	673.1	N/A	45.8	0.0	-11.1	12.5	-27.3	0.0	10.0	-9.1	-5.7	29.6	N/A

Return Calculator for MAINSTAY CALIFORNIA TAX FREE OPPORTUNITIES FUND INVESTOR CLASS (MSCVX)

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MAINSTAY CALIFORNIA TAX FREE OPPORTUNITIES FUND INVESTOR CLASS (MSCVX) Historical Return Chart

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MAINSTAY CALIFORNIA TAX FREE OPPORTUNITIES FUND INVESTOR CLASS (MSCVX) 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 09/28/2000 to 05/13/2024, the worst annualized return of 3-year rolling returns for MAINSTAY CALIFORNIA TAX FREE OPPORTUNITIES FUND INVESTOR CLASS (MSCVX) is -3.46%.

From 09/28/2000 to 05/13/2024, the worst annualized return of 5-year rolling returns for MAINSTAY CALIFORNIA TAX FREE OPPORTUNITIES FUND INVESTOR CLASS (MSCVX) is 0.22%.

From 09/28/2000 to 05/13/2024, the worst annualized return of 10-year rolling returns for MAINSTAY CALIFORNIA TAX FREE OPPORTUNITIES FUND INVESTOR CLASS (MSCVX) is 2.98%.

From 09/28/2000 to 05/13/2024, the worst annualized return of 20-year rolling returns for MAINSTAY CALIFORNIA TAX FREE OPPORTUNITIES FUND INVESTOR CLASS (MSCVX) is NA.

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