Growth of $10K Avg Annual Total Return %   10 YR 5 YR 1 YR YTD Market Return -- 7.54% 15.64% 5.26% Lipper Pct. Rank -- 6 88 68 NAV Return -- 5.92% 11.86% 4.51% Lipper Pct. Rank -- 10 49 32 Premium/Discount History Premium/Discount 10 YR Avg 5 YR Avg YTD Avg -- -0.486% 4.740%

NAV $21.48 Market Price $22.47 Net Change $0.02 Market Change -$0.12 Premium/Discount 4.61% 1 YR NAV Return 11.858% 1 YR NAV Rank 49 12-Mo Yield as of 4/30/2021 Yield Def Income Only Yield 4.44% Distribution Yield (Market) 4.46% Most Recent Income Dividend $0.085 Ex-Div Date 5/14/2021 Most Recent Cap Gain Dividend $0.348 Ex-Div Date 12/12/2013 Dividend Frequency Monthly YTD Dividends $0.340 YTD Capital Gains -- Inception Date 6/26/2012 Fund Advisor New York Life Investment Management LLC Manager & Tenure Team Managed Phone 855-456-9683 Website www.mainstayinvestments.com Total Net Assets (mil) as of 5/31/2021 $590.3 % Leveraged Assets as of 5/31/2020 36.71% Portfolio Turnover 38.00% Mgmt Fees 0.948% Expense Ratio 2.330% Fund Objective The Fund seeks current income exempt from regular US Federal income taxes. The Fund secondary objective is total return. The Fund invests at least 80% of its "Managed Assets" in municipal bonds, the interest on which is generally excludable from gross income for regular U.S. Federal income tax purposes.

Total Net Assets by Category (as of 12/31/2020) Cash 5.90% Revenue Other 78.43% General Obligation Other 15.67%

Quality (as of 12/31/2020) Short-Term 5.90% AA 55.73% Not Rated 12.57% BBB 8.28% BB 5.64% A 5.20% B 4.50% C 0.54% CC 0.54% CCC 0.54%

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