MMMANYLI MacKay Muni Allocation ETF
Seeks current income exempt from regular federal income tax.
Launched 2025
Annual Cost
—
#5,861 of 5,861 · expensive
Fund Size
—
#5,861 of 5,861 · small
Dividend YieldGoal
—
Track Record
8 months
#5,008 of 5,861 · young
Performance
Total-return NAV · USDGrowth of $10,000
$10,280+2.8%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundAsset class
Fixed incomeRegion
North americaWhat it actually holds
By weightConcentration
Top 10 holdings = 39.1% of fund✓ well diversified
NATOMAS UNIFIED SCHOOL DISTRICT (CA)
4.5%
SOUTH CAROLINA PUB SVC AUTH
4.1%
PENNSYLVANIA ECONOMIC DEV FING AUTH
3.9%
BLACK BELT ENERGY GAS DISTRICT (THE) (AL)
3.9%
LOS ANGELES CITY DEPARTEMENT OF WATER AND POWER (CA)
3.9%
CHICAGO ILL O HARE INTL ARPT
3.8%
NORTHERN CALIFORNIA ENERGY AUTHORITY (CA)
3.8%
MAIN STR ENERGY INC GA
3.8%
ILLINOIS STATE TOLL HIGHWAY AUTHORITY (THE) (IL)
3.8%
DENVER COLO CITY & CNTY HSG AUTH
3.7%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
N/A
Max drawdown
-2.8%Mild
Worst peak-to-trough loss
Sharpe (3Y)
Unavailable
Needs 3+ years of history
Sortino (3Y)
Not yet
Needs 3+ years of history
Listing
- Exchange
- NYSE Arca, NYSE American
Full fund details
- Objective
- Seeks current income exempt from regular federal income tax.
- Strategy
- Invests primarily in municipal debt securities, targeting at least 80% in investment-grade bonds and up to 40% in high-yield municipal bonds. Focuses on securities with maturities of five years or longer, considering ESG risks in the investment process.
- Inception date
- December 16, 2025
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Data updated on 2026-08-04