MMI
MMI
NYLI MacKay Muni Intermediate ETF(Dist)
NY Life Investments · AMEX
Distr.
NY Life Investments
AMEXFixed IncomeDistributing
$24.11
$-0.00-0.02%AUM: $1.5B
Price history
TER
0.40%
1Y Return
+1.84%
AUM
$1.5B
High LiquidityAbout this ETF
The NYLI MacKay Muni Intermediate ETF (MMIT) seeks to provide current income exempt from federal income tax. The Fund seeks to achieve its objective by investing primarily in investment-grade municipal bonds and will also seek to enhance total return potential through its subadvisor’s active managem...
Top 10 holdings
Top holdings and sector exposure
#
Issuer
Weight
%
1
DREYFUS GOVT CASH MAN INS
X9USDDGCM
1.94%
2
Antelope Vy-east Kern Calif Wtr Agy Fing Auth Wtr Bk Rev Var 01-apr-2055
03672XAX6
1.07%
3
New York N Y Var 01-feb-2055
64966SNL6
1.05%
5
Puerto Rico Sales Tax Fing Corp Sales Tax Rev 4.329% 01-jul-2040
74529JRH0
1.03%
6
South Dakota Hsg Dev Auth 6.5% 01-nov-2055
83756LBS3
0.85%
7
LOS ANGELES DEPT-A 5 7/41
544532RX4
0.84%
8
Minnesota Mun Gas Agy Gas Proj Rev 5.0% 01-sep-2035
60406XAJ0
0.82%
9
HUDSON NY YARDS IN 5 2/42
44420RBE9
0.82%
10
Pennsylvania Hsg Fin Agy Single Family Mtg Rev 3.0% 01-oct-2051
70879QQA4
0.81%
Quick stats
AUM$1.5B
TER0.40%
1Y Return+1.84%
Holdings847
52-Week High$24.77
52-Week Low$23.59
Fund profile
Top 10 holdings
Top holdings and sector exposure
#
Issuer
Weight
%
1
DREYFUS GOVT CASH MAN INS
X9USDDGCM
1.94%
2
Antelope Vy-east Kern Calif Wtr Agy Fing Auth Wtr Bk Rev Var 01-apr-2055
03672XAX6
1.07%
3
New York N Y Var 01-feb-2055
64966SNL6
1.05%
5
Puerto Rico Sales Tax Fing Corp Sales Tax Rev 4.329% 01-jul-2040
74529JRH0
1.03%
6
South Dakota Hsg Dev Auth 6.5% 01-nov-2055
83756LBS3
0.85%
7
LOS ANGELES DEPT-A 5 7/41
544532RX4
0.84%
8
Minnesota Mun Gas Agy Gas Proj Rev 5.0% 01-sep-2035
60406XAJ0
0.82%
9
HUDSON NY YARDS IN 5 2/42
44420RBE9
0.82%
10
Pennsylvania Hsg Fin Agy Single Family Mtg Rev 3.0% 01-oct-2051
70879QQA4
0.81%
Frequently Asked Questions
The current price of MMIT is $24.12 USD — it has decreased by -0.02% in the past 24 hours.
The monthly change is a -1.13% drop. Over the last year, MMIT has showed a +1.84% increase.
MMIT assets under management is $1.5B USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
MMIT expense ratio is 0.40%. It's an important metric for helping understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
MMIT shares are issued by NY Life Investments.
Yes, MMIT pays a dividend yield of 3.57%.
Investors in Latin America can buy foreign ETFs through international and regional brokerage and investment platforms. You simply need a valid government ID or passport to get started.
Yes. Through fractional investing, you can invest exactly the amount you want, starting with as little as $1 or $5 USD (depending on what investment platform you use), and own a proportional piece of the fund.
Many investors in Latin America buy international ETFs like MMIT to protect their purchasing power. Because MMIT is priced in foreign currency, your investment is tied to a hard currency. If your local currency devalues against the foreign currency, usually USD or Euro, the underlying value of your portfolio remains protected from local inflation.
No. A common misconception is that you need a foreign bank account or a foreign visa to invest in international stocks. Today, modern investment platforms allow you to fund your account using local bank transfers or local payment methods right from your home country.