MGVDX — MainStay MacKay Government Fund
Data updated: 2026-06-25
MGVDX — MainStay MacKay Government Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. Intermediate Municipal - National Bond · $2.25B AUM · 0.51% expense ratio · 5.3% 1-yr return. From SEC regulatory filings.
MGVDX Fund Overview
MGVDX — MainStay MacKay Government Fund is a US mutual fund managed by New York Life Investments Funds, categorised as Intermediate Municipal - National Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: New York Life Investments Funds
- Category: Intermediate Municipal - National Bond
- Assets under management: $2.25B
- 1-year return: 5.3%
- Ticker: MGVDX
- SEC CIK: 0000787441
- SEC series ID: S000006895
- Share class ID: C000185556
MGVDX Holdings
Top 10 holdings of MainStay MacKay Government Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Dreyfus Government Cash Management | 3.96% |
| State of California | 1.78% |
| Massachusetts Educational Financing Authority | 1.43% |
| New York City Housing Development Corp. | 1.28% |
| New York State Dormitory Authority | 1.05% |
| New Hampshire Business Finance Authority | 1.01% |
| City of New York | 0.89% |
| New York Energy Finance Development Corp. | 0.87% |
| State of California | 0.86% |
| State of Hawaii | 0.81% |
MGVDX Portfolio Allocation
Asset-class allocation of MainStay MacKay Government Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 97.1% |
| Cash & Equivalents | 4.0% |
MGVDX Performance
Total returns for MGVDX (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 0.6% |
| 1 year | 5.3% |
| 3 years (annualised) | 4.6% |
| 5 years (annualised) | 1.2% |
MGVDX Risk Information
Risk metrics for MGVDX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 3.9%
MGVDX Costs and Fees
MGVDX costs about $51 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.51%
- Gross expense ratio: 0.51%
- Portfolio turnover: 71%
- Brokerage commissions: 0.03 bps of average net assets (SEC N-CEN)
MGVDX Cashflows
Over the 12 months to 2026-04, MainStay MacKay Government Fund had net inflows of $723.49M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-04 | $61.55M |
| 2026-03 | $56.44M |
| 2026-02 | $89.90M |
| 2026-01 | $80.05M |
| 2025-12 | $56.68M |
| 2025-11 | $41.69M |
MGVDX Debt Constituents
Largest debt holdings of MainStay MacKay Government Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| State of California | 1.78% |
| Massachusetts Educational Financing Authority | 1.43% |
| New York City Housing Development Corp. | 1.28% |
| New York State Dormitory Authority | 1.05% |
| New Hampshire Business Finance Authority | 1.01% |
| City of New York | 0.89% |
| New York Energy Finance Development Corp. | 0.87% |
| State of California | 0.86% |
| State of Hawaii | 0.81% |
| State of Hawaii | 0.79% |
MGVDX Prospectus and SEC Filings
Official MainStay MacKay Government Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other Intermediate Municipal - National Bond funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.