MMIN
·ARCA
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Key Stats
Assets Under Management
359.37MUSD
Fund Flows (1Y)
-138.49MUSD
Dividend Yield
4.00%
Discount/Premium to NAV
0.22%
Shares Outstanding
15.00M
Expense Ratio
0.30%
About NYLI MacKay Muni Insured ETF
Issuer
New York Life Investment Management LLC
Brand
New York Life Investments
Inception Date
Oct 18, 2017
Structure
Open-Ended Fund
Index Tracked
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Management Style
Active
Dividend Treatment
Distributes
Distribution Tax Treatment
Ordinary income
Income Tax Type
Capital Gains
Max ST Capital Gains Rate
39.60%
Max LT Capital Gains Rate
20.00%
Primary Advisor
New York Life Investment Management LLC
Distributor
ALPS Distributors, Inc.
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.
Classification
Asset Class
Fixed Income
Category
Government, Local Authority/Municipal
Focus
Investment Grade
Niche
Broad Maturities
Strategy
Active
Geography
U.S.
Weighting Scheme
Proprietary
Selection Criteria
Proprietary
Returns
1-Month | 3-Month | YTD | 1-Year | 3-Year | 5-Year | |
|---|---|---|---|---|---|---|
Price Performance | -0.29% | +0.88% | +0.04% | +0.80% | -0.83% | -13.20% |
NAV Total Return | -0.19% | +1.88% | +3.72% | +2.73% | +11.47% | +1.65% |
Ratings
No data is currently available
Ainvest’s AI-powered ETF Scoring Algorithm, built to help retail investors make smarter, data-driven decisions. Leveraging deep learning, reinforcement learning, and large language models, the algorithm scores ETFs across five key dimensions: Fund Flow, Momentum, Safety, Fundamentals, and Performance. Each factor is weighted by its correlation to future returns, resulting in a single, actionable score. Backtested over five years with consistently strong predictive accuracy. Ainvest brings institutional-grade artificial intelligence to everyday investors—transforming complexity into clarity with every score.
Holdings Analysis
Sector
No data is currently available
Asset
No data is currently available
Region
No data is currently available
Investment Style
No data is currently available
Top 10 Holdings
Symbol
Ratio
Wayne Cnty Mich Arpt Auth Rev 5.5% 01-dec-2048
2.06%
DREYFUS GOVT CASH MAN INS
2.03%
Sangamon Cnty Ill Sch Dist No 186 Springfield 5.5% 01-jun-2050
1.52%
San Mateo Calif Spl Tax 5.25% 01-sep-2037
1.38%
Pasco Cnty Fla Cap Impt Cig Tax Allocation 5.0% 01-sep-2048
1.33%
Madison Cnty Ill Cmnty Unit Sch Dist No 007 Edwardsville 5.0% 01-dec-2039
1.25%
El Paso Cnty Tex Hosp Dist 5.0% 15-aug-2043
1.24%
Texas St Technical College Sys Fing Sys Rev 5.5% 01-aug-2042
1.21%
Chicago Ill Tran Auth Sales Tax Rcpts Rev 4.0% 01-dec-2050
1.20%
Southwestern Ill Dev Auth Rev 5.5% 01-apr-2050
1.18%
Top 10 Weight 14.4%
192 Total Holdings
Dividends
Dividend Payout History
Declaration Date | Record Date | Payment Date | Amount |
|---|---|---|---|
| 2025-12-01 | 2025-12-01 | 2025-12-05 | 0.079 |
| 2025-11-03 | 2025-11-03 | 2025-11-07 | 0.081 |
| 2025-10-01 | 2025-10-01 | 2025-10-06 | 0.080 |
| 2025-09-02 | 2025-09-02 | 2025-09-08 | 0.081 |
| 2025-08-01 | 2025-08-01 | 2025-08-06 | 0.083 |
| 2025-07-01 | 2025-07-01 | 2025-07-07 | 0.107 |
| 2025-06-02 | 2025-06-02 | 2025-06-06 | 0.078 |
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Premium/Discount Chart
Premium/Discount to NAV
Price
1M
Assets Under Management
Assets Under Management
1M
Fund Flows
Inflows
Outflows
1M
