MGVNX

Active

NYLI MacKay U.S. Infrastructure Bond Fund

Category: US Bond (5,386 funds)

Expense Ratio

1.13%

Annual Cost per $10K

$113.00

30-Year Fee Drag per $10K

$20,764

at 7% annual return

Fund Type

Mutual Fund

Active

Trailing 12-Month

+6.77%

Asset Allocation

US Bond

98%

Cash

Fee Comparison

MGVNX

1.13%

US Bond average

0.76%

US Bond cheapest

ABIMX

0.00%

Index benchmark

0.03%

49% more expensive than category average

Historical Returns

Monthly total returns (dividends reinvested) from SEC N-PORT filings · As of October 2025 · Updated quarterly

+19.61%3Y

Compare to

Fee Impact Calculator

Investment

Years

Annual Return

MGVNX at 1.13%$276,794

At index rates (0.03%)$377,424

Zero fees (theoretical)$380,613

Total fee drag$103,818

Cost vs index fund−$100,630

Similar Funds (100)

Ranked by allocation similarity weighted by fund size · Returns (dividends reinvested) from SEC N-PORT filings · As of October 2025

Ticker	Name	ER	1yr	3yr	5yr
MGVNX	NYLI MacKay U.S. Infrastructure Bond Fund	1.13%	+6.77%	+6.15%	+0.70%
IORHX	Invesco Rochester Municipal Opportunities Fund	1.17%	-2.67%	+2.61%	+1.19%
NVHAX	Nuveen Short Duration High Yield Municipal Bond Fund	1.06%	+1.91%	+4.69%	+3.20%
QCILFX	College Retirement Equities Fund - Inflation-Linked Bond Account	—	+4.85%	+5.53%	—
ACTFX	Invesco High Yield Municipal Fund	1.13%	-2.99%	+0.94%	-0.03%
DDTRX	DoubleLine Total Return Bond Fund	0.43%	+3.74%	+5.02%	+0.43%
BICAX	Sterling Capital Total Return Bond Fund	0.70%	-19.25%	-5.19%	-6.15%
FCAVX	Franklin California Tax-Free Income Fund	0.60%	-1.83%	+2.42%	+0.09%
AMUSX	U.S. Government Securities Fund	0.65%	+3.55%	+1.78%	-0.67%
GGLPX	Goldman Sachs High Yield Municipal Fund	1.59%	-0.06%	+6.12%	+1.96%
NMBAX	Nuveen Intermediate Duration Municipal Bond Fund	1.44%	+2.12%	+4.60%	+1.11%
NHCCX	Nuveen High Yield Municipal Bond Fund	1.80%	-0.58%	+4.42%	+1.01%
NVDL	GraniteShares 2x Long NVDA Daily ETF	1.15%	+60.88%	+32.23%	—
LISAX	Lord Abbett Intermediate Tax Free Fund	0.96%	+2.03%	+4.94%	+1.08%
WMBRX	Allspring Municipal Bond Fund	0.74%	+1.03%	+4.50%	+2.66%
CMPIX	Core Fixed Income Fund	0.57%	+5.74%	+5.37%	-0.36%
TLIBX	American Funds Inflation Linked Bond Fund	0.70%	+5.10%	+1.39%	+0.61%
IORUX	Invesco Rochester New York Municipals Fund	0.96%	-5.53%	+1.73%	+0.30%
PYMAX	PIMCO High Yield Municipal Bond Fund	0.86%	+0.38%	+5.88%	+1.89%
FAFJX	Nuveen Limited Term Municipal Bond Fund	1.43%	+2.02%	+2.98%	+0.53%
MMHEX	NYLI MacKay High Yield Muni Bond Fund	0.55%	+3.03%	+8.03%	+2.43%
FCITX	Franklin Federal Intermediate-Term Tax-Free Income Fund	1.12%	+1.03%	+2.64%	+0.06%
AHMFX	American High-Income Municipal Bond Fund	0.41%	+4.27%	+8.02%	+2.99%
FFTQX	Franklin Federal Tax-Free Income Fund	0.49%	+3.42%	+6.44%	+1.36%
JGBZX	JPMorgan Government Bond Fund	1.05%	+2.35%	+1.86%	-1.48%
GANPX	Goldman Sachs Short Duration Tax-Free Fund	0.67%	+3.18%	+4.03%	+1.53%
MTBDX	NYLI MacKay Tax Free Bond Fund	0.43%	+4.11%	+5.85%	+1.29%
VKMMX	Invesco Municipal Income Fund	0.88%	-2.85%	+1.84%	-0.03%
ABTYX	AB High Income Municipal Portfolio	0.95%	-1.93%	+2.34%	+0.92%
TRBFX	T. Rowe Price Limited-Duration Inflation Focused Bond Fund, Inc.	0.50%	+6.32%	+3.40%	+2.91%
CXHYX	Macquarie National High-Yield Municipal Bond Fund	0.85%	-4.53%	+1.78%	+1.14%
GAJPX	Goldman Sachs Dynamic Municipal Income Fund	0.38%	+1.38%	+5.35%	+1.83%
SHMMX	Western Asset Managed Municipals Fund	0.89%	-1.52%	+2.26%	+0.57%
FIQZX	Fidelity Intermediate Municipal Income Fund	0.31%	+2.59%	+4.60%	+1.38%
LMBS	First Trust Low Duration Opportunities ETF	0.65%	+7.06%	+6.29%	+2.68%
IORCX	Invesco California Municipal Fund	1.11%	-3.23%	+2.23%	+0.31%
EANAX	Eaton Vance National Municipal Income Fund	0.71%	-0.35%	+4.84%	+0.73%
FKTJX	Franklin New York Tax-Free Income Fund	0.78%	-2.23%	+2.25%	-0.26%
ATBYX	Intermediate-Term Tax-Free Bond Fund	0.71%	+1.06%	+2.81%	+0.97%
FAAWX	Nuveen All-American Municipal Bond Fund	1.62%	+0.79%	+4.93%	+0.20%
PMLAX	PIMCO Municipal Bond Fund	0.75%	+1.31%	+5.50%	+1.26%
OWMBX	Old Westbury Municipal Bond Fund	0.57%	+4.04%	+3.90%	+0.60%
PIPJX	Inflation Protection Fund	0.85%	+5.23%	+3.92%	+0.91%
EALDX	Eaton Vance Short Duration Government Income Fund	1.40%	+7.63%	+4.43%	+2.04%
SMAMX	ALPS \| Smith Total Return Bond Fund	0.89%	-19.26%	-19.45%	-23.51%
MFIAX	MFS Municipal Income Fund	0.44%	+0.57%	+5.17%	+1.14%
MMHKX	MFS Municipal High Income Fund	0.52%	+3.28%	+7.29%	+2.10%
PPNAX	Putnam Strategic Intermediate Municipal Fund	0.90%	+4.51%	+5.62%	+1.93%
JDJAX	Diversified Macro Fund	1.24%	-3.13%	-2.74%	+2.10%
LONSX	Lord Abbett National Tax-Free Income Fund	0.54%	+0.17%	+5.47%	+0.88%
HYMOX	Lord Abbett High Income Municipal Bond Fund	0.58%	+0.04%	+6.19%	+1.56%
FIXD	First Trust Smith Opportunistic Fixed Income ETF	0.65%	+2.83%	+2.67%	-1.00%
BMNSX	Baird Core Intermediate Municipal Bond Fund	0.55%	+2.40%	+4.70%	+1.36%
LTMFX	Thornburg Limited Term Municipal Fund	0.77%	+2.98%	+3.92%	+0.89%
COLCX	Columbia Total Return Municipal Income Fund	0.75%	+2.21%	+5.59%	+0.45%
ETHYX	Eaton Vance High Yield Municipal Income Fund	0.88%	+2.30%	+6.53%	+1.70%
FHIGX	Fidelity Municipal Income Fund	0.43%	+1.18%	+5.13%	+1.12%
AIDZX	Diversified Municipal Portfolio	0.41%	+2.46%	+4.50%	+1.59%
USATX	Victory Tax Exempt Intermediate-Term Fund	0.44%	+0.64%	+2.81%	+0.87%
RBCUX	Tax-Exempt Bond Fund	0.41%	+4.12%	+5.42%	+1.71%
FHYRX	Franklin High Yield Tax-Free Income Fund	0.50%	-0.33%	+3.00%	+1.11%
DHICX	Allspring Strategic Municipal Bond Fund	0.79%	+1.37%	+3.20%	+1.89%
FGOVX	Fidelity Government Income Fund	0.79%	+2.32%	+2.02%	-1.38%
PRSMX	T. Rowe Price Summit Municipal Intermediate Fund	0.40%	+4.70%	+5.09%	+1.29%
FEHTX	First Eagle High Yield Municipal Fund	0.91%	—	—	—
PTYIX	T. Rowe Price Tax-Free High Yield Fund	0.55%	-1.13%	+2.81%	+1.49%
FLTEX	Limited Term Tax Exempt Bond Fund of America	0.37%	+5.18%	+4.79%	+1.70%
ALNCX	AB National Portfolio	1.50%	-1.34%	+1.61%	-0.25%
MOTIX	BNY Mellon Municipal Opportunities Fund	0.72%	-1.24%	+2.98%	+0.84%
SEIMX	INTERMEDIATE-TERM MUNICIPAL FUND	0.81%	+0.59%	+2.56%	+0.56%
CATSX	Columbia Strategic Municipal Income Fund	0.75%	+2.77%	—	—
IORMX	Invesco Rochester Limited Term New York Municipal Fund	0.83%	+1.23%	+2.83%	+1.31%
TSLY	YieldMax TSLA Option Income Strategy ETF	1.01%	+62.54%	+18.05%	—
UCON	First Trust Smith Unconstrained Bond ETF	0.86%	+5.27%	+5.57%	+2.96%
JTMRX	Municipal Opportunities Fund	1.49%	+0.83%	+3.17%	+1.21%
IORAX	Invesco AMT-Free Municipal Income Fund	1.67%	-2.03%	+2.19%	+0.45%
DMUAX	BNY Mellon AMT-Free Municipal Bond Fund	0.69%	-1.27%	+2.16%	+0.00%
FCCIX	Franklin California Intermediate-Term Tax-Free Income Fund	0.74%	+1.01%	+3.61%	+0.16%
DSENX	Doubleline Shiller Enhanced CAPE	0.79%	+10.26%	+17.89%	+11.33%
ACITX	Inflation-Adjusted Bond Fund	0.54%	+3.63%	+4.52%	+1.24%
FCAQX	Franklin California High Yield Municipal Fund	0.52%	-1.40%	+2.28%	+0.50%
CLMAX	Columbia Mortgage Opportunities Fund	0.73%	+7.27%	+3.63%	+2.31%
FGORX	Franklin U.S. Government Securities Fund	0.51%	+2.77%	+4.31%	-0.21%
CRAIX	CCM Community Impact Bond Fund	0.42%	+3.05%	+2.57%	-0.40%
DMTFX	Macquarie Tax-Free USA Fund	0.80%	-5.22%	+1.77%	+0.08%
AHLAX	American Beacon AHL Managed Futures Strategy Fund	1.85%	-4.27%	-4.10%	+4.19%
CONL	GraniteShares 2x Long COIN Daily ETF	1.15%	+51.09%	-20.35%	—
WCPNX	Core Plus Income Fund	0.45%	+3.51%	+5.90%	+1.90%
MIIAX	PRAXIS IMPACT BOND FUND	0.84%	-35.34%	-33.88%	-37.25%
VKLCX	Invesco Intermediate Term Municipal Income Fund	0.57%	+0.15%	+2.24%	+0.22%
EACAX	Eaton Vance California Municipal Opportunities Fund	0.75%	+0.49%	+4.60%	+0.92%
NVDY	YieldMax NVDA Option Income Strategy ETF	1.01%	+37.51%	—	—
PHICX	PGIM Muni High Income Fund	0.81%	-2.09%	+2.37%	-0.06%
HICOX	Colorado BondShares A Tax Exempt Fund	0.60%	+3.83%	+7.00%	+4.12%
EXCAX	Tax-Exempt Fund of California	0.40%	+3.95%	+6.08%	+1.57%
HICMX	Victory Pioneer High Income Municipal Fund	0.82%	—	—	—
CMPGX	Government & High Quality Bond Fund	0.86%	+6.68%	+5.11%	-0.64%
TIKPX	Nuveen Inflation Linked Bond Fund	0.42%	+4.47%	+5.02%	+2.46%
FTSL	First Trust Senior Loan Fund	0.86%	+6.67%	+8.45%	+6.03%
SCMBX	DWS Managed Municipal Bond Fund	0.57%	-1.47%	+2.48%	+0.20%
WSMAX	Allspring Short-Term Municipal Bond Fund	0.63%	+3.11%	+3.67%	+2.18%

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