MainStay California Tax Free Opportunities Fund

Fund Holdings

Asset Allocation

% Long % Short % Net
Cash 5.59 0.34 5.25
Stocks 0.0 0.0 0.0
Bonds 109.11 0.0 109.11
Other 0.03 0.36 -0.33
Foreign Bonds 1.05 15.08 -14.03
Foreign Stocks 0.0 0.0 0.0
Convertible 0.0 0.0 0.0
Preferred 0.0 0.0 0.0

Updated 12.31.2013

Top 10 Holdings

Performance as of 02.28.2014

Portfolio as of 12.31.2013

% Net Assets
Us 10yr Note (Cbt)mar14 Xcbt 20140320 15.08
Anaheim Calif City Sch Dist 6.25% 3.61
Kern Calif Cmnty College Dist 5.25% 3.42
Los Angeles Calif Dept Arpts A Subord 5% 3.37
Bay Area Toll Auth 5% 3.36
Anaheim Calif Pub Fing Auth 4.75% 3.2
San Bernardino Cnty Calif Fing Rev 5.5% 3.02
Taft Calif City Elem Sch Dist 6% 2.78
California Sch Facs Fing Auth 5% 2.42
Centinela Valley Calif Un High Go 5.75% 2.36

Bond Ratings (%)

Updated 12.31.2013

Sector MSCAX
AAA 2.02
AA 53.25
A 28.97
BBB 3.46
BB 4.13
B 0.56
Below B 0.0
Other 7.61