MMITNYLI MacKay Muni Intermediate ETF
Seeks current income exempt from federal income tax.
By New York Life Investment Management LLC · Launched 2017
Annual Cost
0.30%
#1,431 of 6,040 · low cost
Fund Size
$1.5B
#959 of 6,040 · large
Return (1Y)
+0.0%
Track Record
8 years
#1,613 of 6,040 · established
Performance
Total-return NAV · USDGrowth of $10,000
$9,999-0.0%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundHoldings
By weightConcentration
Top 10 holdings = 9.2% of funddiversified
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
98.4%
Cash
1.6%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
2.6%Low
Year-on-year price swings
Max drawdown
-12.3%Mild
Worst peak-to-trough loss
Sharpe (3Y)
-0.24Below average
Sortino (3Y)
-0.31Moderate downside risk
Bond profile
Duration
4.6 years
Avg maturity
10.2 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
Similar funds
Same asset class, closest by strategy & exposureNext steps
Save MMIT to compare it with other funds, or start building a portfolio.
Data updated on 2026-09-18