MMMANYLI MacKay Muni Allocation ETF
Seeks current income exempt from regular federal income tax.
Launched 2025
Annual Cost
—
Fund Size
—
Return (1Y)
N/A
Track Record
9 months
#5,007 of 6,040 · young
Performance
Total-return NAV · USDGrowth of $10,000
$10,117+1.2%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundAsset class
Fixed incomeRegion
North americaHoldings
By weightConcentration
Top 10 holdings = 39.1% of funddiversified
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
-3.9%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 American, NYSE Arca
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
Similar funds
Same asset class, closest by strategy & exposureNext steps
Save MMMA to compare it with other funds, or start building a portfolio.
Data updated on 2026-09-18