MMMA
NYLI MacKay Muni Allocation ETF·ARCA
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Key Stats
Assets Under Management
26.71MUSD
Fund Flows (1Y)
1.25MUSD
Dividend Yield
0.54%
Discount/Premium to NAV
0.04%
Shares Outstanding
1.10M
Expense Ratio
0.35%
About NYLI MacKay Muni Allocation ETF
Issuer
New York Life Investment Management LLC
Brand
New York Life Investments
Home Page
Inception Date
Dec 16, 2025
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.
MMMA seeks to generate high tax-exempt income by investing primarily in investment-grade municipal bonds while opportunistically allocating to non-IG securities through disciplined, research-driven relative-value analysis.
Classification
Asset Class
Fixed Income
Category
Government, Local Authority/Municipal
Focus
Broad Credit
Niche
Broad Maturities
Strategy
Active
Geography
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Weighting Scheme
Proprietary
Selection Criteria
Proprietary
Returns
1-Month | 3-Month | YTD | 1-Year | 3-Year | 5-Year | |
|---|---|---|---|---|---|---|
Price Performance | +0.80% | +1.61% | +1.25% | +1.61% | +1.61% | +1.61% |
NAV Total Return | +1.47% | — | +1.85% | — | — | — |
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
Region
No data is currently available
Investment Style
No data is currently available
Top 10 Holdings
Symbol
Ratio
DREYFUS GOVT CASH MAN INS
6.23%
Chicago Ill Brd Ed Dedicated Cap Impt 6.0% 01-apr-2046
4.75%
Natomas Uni Sch Dist Calif 0.05% 01-aug-2028
4.63%
South Carolina St Pub Svcs Auth Rev 5.0% 01-dec-2046
4.34%
Black Belt Energy Gas Dist Ala Gas Proj Rev 5.0% 01-dec-2034
4.11%
Los Angeles Calif Dept Wtr & Pwr Wtrwks Rev 5.0% 01-jul-2044
4.08%
Main Str Energy Inc Ga Energy Proj Rev 5.0% 01-dec-2033
4.06%
Northern Calif Energy Auth Commodity Supply Rev Var 01-dec-2054
4.02%
Chicago Ill O Hare Intl Arpt Rev 5.5% 01-jan-2048
3.95%
Illinois St Toll Hwy Auth Toll Highway Rev 5.0% 01-jan-2037
3.90%
Top 10 Weight 44.07%
44 Total Holdings
Is SPY better than MMMA?
Dividends
Dividend Payout History
Declaration Date | Record Date | Payment Date | Amount |
|---|---|---|---|
| 2026-01-30 | 2026-01-30 | 2026-02-03 | 0.095 |
| 2025-12-30 | 2025-12-30 | 2026-01-05 | 0.043 |
How Much Does MMMA Pay in Dividends?
Premium/Discount Chart
Assets Under Management
Should I buy MMMA?
Fund Flows
