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MMITNYLI MacKay Muni Intermediate ETF

Get income8y track recordRanked #230 of 1,650 in this goal

Seeks current income exempt from federal income tax.

By New York Life Investment Management LLC · Launched 2017

Annual Cost

0.30%

#1,396 of 5,861 · low cost

Fund Size

$1.5B

#915 of 5,861 · large

Dividend YieldGoal

3.86%

Track Record

8 years

#1,598 of 5,861 · established

Performance

Total-return NAV · USD
Growth of $10,000
$10,410+4.1%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Fixed income

Strategy

Active selection

Focus

ESG

What it actually holds

By weight

Concentration

Top 10 holdings = 9.2% of fundwell diversified

ANTELOPE VY-EAST KERN CALIF WTR AGY FING AUTH
1.1%
NEW YORK (NY), CITY OF
1.1%
PUERTO RICO SALES TAX FINANCING CORP
1.1%
SOUTH DAKOTA HSG DEV AUTH
0.9%
LOS ANGELES CALIF DEPT WTR & PWR
0.9%
MINNESOTA MUNICIPAL GAS AGENCY (MN)
0.9%
HUDSON YARDS INFRASTRUCTURE CORP (NY)
0.8%
DREYFUS GOVERNMENT CASH MANAGEMENT FUNDS
0.8%
PENNSYLVANIA HSG FIN AGY
0.8%
REGENTS OF THE UNIVERSITY OF CALIFORNIA (THE) (CA)
0.8%

Asset allocation

Bonds
97.8%
Cash
2.2%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
2.6%Low

Year-on-year price swings

Max drawdown
-12.3%Mild

Worst peak-to-trough loss

Sharpe (3Y)
-0.14Below average
Sortino (3Y)
-0.18Moderate downside risk

Bond profile

Duration

4.6 years

Avg maturity

10.4 years

Credit ratings

AAA
8.6%
AA
63.2%
A
18.4%
BBB
6.7%
Other
3.1%

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks current income exempt from federal income tax.
Strategy
Invests primarily in investment-grade Municipal Bonds, maintaining a dollar-weighted average duration of 3 to 10 years. Diversifies across at least 15 states and 10 sectors of the Municipal Bond market to achieve current income exempt from federal income tax.
Inception date
October 18, 2017
Fund family
New York Life Investment Management LLC

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Data updated on 2026-08-04