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NYLI MacKay Muni Insured ETF (MMIN): ETF

ETF traded on ARCX under symbol MMIN. Quoted in usd.

NYLI MacKay Muni Insured ETF logo

NYLI MacKay Muni Insured ETF

+0.79%$23.07
ARCX:MMINFixed Income
AUM $464.56M·YTD --·Yield --
NYLI MacKay Muni Insured ETF logoARCX:MMIN$23.07+0.79%
About MMIN

MMIN offers an active management perspective on the US investment-grade municipal bond space. The portfolio includes bonds of varying maturities (dollar-weighted average duration of 3-15 years), issued by at least 15 different states and encompassing at least 10 sectors, with no more than 30% of the securities from a single state. The fund selects bonds covered by an insurance policy, which guarantees principal and interest payments but lowers yield, and debt securities whose interest is exempt from federal Income tax. Investments are based on an assessment of macro factors that could include ESG criteria. An investment strategy is developed to position the fund among various sectors of the municipal bond market in different states. A fundamental, bottom-up credit research analysis is employed to finally select individual bonds. Prior to Aug. 28, 2024, the fund name was branded under IndexIQ.

Largest holdings

  1. DREYFUS GOVT CASH MAN INS7.01%
  2. ALLENTOWN SD 5.0 6/441.49%
  3. Wayne Cnty Mich Arpt Auth Rev 5.5% 01-dec-20481.30%
  4. TEXAS ST TECH CLG 6 8/541.28%
  5. Temple Tex Tax Increment 5.0% 01-aug-20511.16%
  6. Pennsylvania Economic Dev Fing Auth Private Activity Rev 5.75% 31-dec-20621.11%
  7. Summit Cnty Ohio Dev Fin Auth Student Hsg Rev 5.25% 01-jul-20551.03%
  8. Metropolitan Govt Nashville & Davidson Cnty Tennconvention Ctr Auth Tourism 5.25% 01-dec-20561.01%
  9. Cook Cnty Ill High Sch Dist No 205 Thornton Twp 5.0% 01-dec-20431.00%
  10. Sangamon Cnty Ill Sch Dist No 186 Springfield 5.5% 01-jun-20500.95%
Full holdings, sectors and countries
Dividend History
Benchmark Comparison
Compared against
Performance Returns
Drawdown Chart
Analyst Coverage
Savings Plan Calculator
Total Invested
$70,000
Final Portfolio
$110,791
Total Return
+$40,791
(+58.3%)
Dividends Reinvested
$0
compounded into portfolio
Defaults are seeded from historical performance and trailing twelve-month yield. Past performance is not a forecast. Feel free to adjust any input to model your own assumptions.
ETF Key Metrics
AUM$464.56M
NAV$23.03
Premium/Discount+0.17%
Expense Ratio0.40%
Market Cap--
Shares Outstanding--
Inception DateOct. 18, 2017
Fund Details
IssuerNY Life Investments
Asset ClassFixed Income
Beta--
SectorFinancial Services
DomicileUS
52-Week Range
$22.11$24.44
Current: $23.07
Volume
Volume321.52K
Avg Volume193.01K
Vol/Avg1.67x

30d

471.46K

60d

336.47K

90d

249.96K

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