MMCA
·NYSE
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Key Stats
Assets Under Management
66.44MUSD
Fund Flows (1Y)
38.95MUSD
Dividend Yield
3.35%
Discount/Premium to NAV
0.06%
Shares Outstanding
3.10M
Expense Ratio
0.36%
About NYLI MacKay California Muni Intermediate ETF
Issuer
New York Life Investment Management LLC
Brand
New York Life Investments
Inception Date
Dec 21, 2021
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.
MMCA invests mainly in investment-grade municipal bonds of different maturities that are exempt from federal and California income taxes. The fund maintains a modified duration to worst of three to eight years that is computed using the nearest call date or maturity, whichever comes first. The subadvisor analyzes the credit quality of issuers and considers yields available. Bonds believed to be mispriced are identified to build consistent yield advantage. Volatility is reduced through an investment process that includes fundamental, bottom-up credit research, and risk management. The fund's investment process involves a risk analysis that considers various factors such as ESG. Munis subject to AMT and junk bonds are both capped at 20%. The fund may invest in municipal bonds by other states with similar characteristics, if supply in California is insufficient. MMCA is actively managed.
Classification
Asset Class
Fixed Income
Category
Government, Local Authority/Municipal
Focus
Investment Grade
Niche
Intermediate
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 | -0.25% | -0.07% | +1.85% | +1.14% | +1.11% | -12.99% |
NAV Total Return | -0.01% | +1.08% | +5.13% | +4.47% | +12.44% | -0.06% |
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
DREYFUS GOVT CASH MAN INS
6.00%
Sacramento Calif City Uni Sch Dist 5.0% 01-aug-2037
2.40%
San Francisco Calif City & Cnty Arpts Commn Intlarpt Rev 5.0% 01-may-2036
2.05%
Sacramento Cnty Calif Arpt Sys Rev 5.0% 01-jul-2032
1.95%
California Statewide Cmntys Dev Auth Rev 5.0% 01-oct-2035
1.83%
California Health Facs Fing Auth Rev 5.0% 15-nov-2034
1.82%
University Calif Revs 5.0% 15-may-2038
1.82%
California Health Facs Fing Auth Rev 5.0% 15-nov-2038
1.77%
California Health Facs Fing Auth Rev 5.0% 01-dec-2036
1.72%
California Cmnty Choice Fing Auth Clean Energy Proj Rev 5.0% 01-nov-2033
1.70%
Top 10 Weight 23.06%
110 Total Holdings
Dividends
Dividend Payout History
Declaration Date | Record Date | Payment Date | Amount |
|---|---|---|---|
| 2025-12-01 | 2025-12-01 | 2025-12-05 | 0.058 |
| 2025-11-03 | 2025-11-03 | 2025-11-07 | 0.056 |
| 2025-10-01 | 2025-10-01 | 2025-10-06 | 0.062 |
| 2025-09-02 | 2025-09-02 | 2025-09-08 | 0.062 |
| 2025-08-01 | 2025-08-01 | 2025-08-06 | 0.063 |
| 2025-07-01 | 2025-07-01 | 2025-07-07 | 0.064 |
| 2025-06-02 | 2025-06-02 | 2025-06-06 | 0.064 |
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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
