Español 
Deutsch 
Français 
MSCI World Index (MSC)
NASDAQ Composite (NASDAQ)
FTSE China A50 Index (FGI)
STOXX Europe 600 (SIX)
Nikkei 300 (OSA)
NIFTY 50 (NSE)
DAX Performance Index (XETRA)
FTSE 100 (FGI)
CAC 40 (EURONEXT)
NYLI MacKay Muni Allocation ETF (MMMA)
About this ETF
The NYLI MacKay Muni Allocation ETF (MMMA) endeavors to provide significant tax-free income. Its primary investment approach involves allocating capital to high-quality municipal bonds, but it also retains the strategic flexibility to invest in lower-rated, non-investment-grade municipal securities. This tactical allocation is guided by a rigorous, research-driven analysis focused on identifying relative value opportunities in the market.
Price
Top 10 holdings
| Natomas Uni Sch Dist Calif 0.05% 01-aug-2028 | 4.48% |
| South Carolina St Pub Svc Auth Rev 5.0% 01-dec-2046 | 4.15% |
| Pennsylvania Economic Dev Fing Auth Upmc Rev 5.0% 15-jun-2031 | 3.88% |
| New Orleans La 5.5% 01-dec-2046 | 3.85% |
| Black Belt Energy Gas Dist Ala Gas Proj Rev 5.0% 01-dec-2034 | 3.82% |
| Chicago Ill O Hare Intl Arpt Rev 5.5% 01-jan-2048 | 3.81% |
| Northern Calif Energy Auth Commodity Supply Rev Var 01-dec-2054 | 3.78% |
| Illinois St Toll Hwy Auth Toll Highway Rev 5.0% 01-jan-2037 | 3.73% |
| Denver Colo City & Cnty Hsg Auth Multifamily Hsgrev 5.0% 01-dec-2045 | 3.68% |
| Arizona Indl Dev Auth Natl Charter Sch Revolvingln Fd Rev 5.25% 01-nov-2053 | 3.66% |
Sector mix
No sector breakdown available for this fund.
Price chart
Returns
| 1 month | +0.16% |
| 3 months | +0.48% |
| 6 months | +0.75% |
| Year to date | +1.24% |
| 1 year | — |
| 3 years (ann.) | — |
| 5 years (ann.) | — |
| 10 years (ann.) | — |
Risk profile
| Volatility (1y, ann.) | — |
| Sharpe (1y) | — |
| Sharpe (3y) | — |
| Sortino (1y) | — |
| Max drawdown (1y) | — |
| Max drawdown (5y) | — |
| Max drawdown (full) | -3.11% |
| Beta vs S&P 500 (1y) | 0.10 |
| Correlation vs S&P 500 (1y) | 0.35 |
Technical outlook not available yet — this fund does not have enough price history for the statistical models.
Full holdings
| Constituent | ISIN | Market value | Weight |
|---|---|---|---|
| Loading… | |||
Geographic exposure
Cost vs. peers
Comparison universe: 1,710 funds of the same asset class.
Cost impact calculator
Dividend history
Distributing share class Income is paid out to shareholders.
| Ex-date | Payment | Amount |
|---|---|---|
| 2026-06-30 | 2026-07-02 | USD 0.0878 |
| 2026-05-29 | 2026-06-02 | USD 0.0963 |
| 2026-04-30 | 2026-05-04 | USD 0.0887 |
| 2026-03-31 | 2026-04-02 | USD 0.0908 |
| 2026-02-27 | 2026-03-03 | USD 0.0832 |
| 2026-01-30 | 2026-02-03 | USD 0.0952 |
| 2025-12-30 | 2026-01-05 | USD 0.0427 |
ESG profile
Benchmark: average of 87 funds of the same asset class with derived ESG data.
Similar ETFs
| Fund | TER | AUM (USD) | Yield (TTM) | Return 1y | Sharpe 1y |
|---|---|---|---|---|---|
| Vanguard Total Bond Market ETF BND | 0.03% | 394.40B | 4.01% | -0.82% | -0.19 |
| iShares Core U.S. Aggregate Bond ETF AGG | 0.03% | 138.36B | 4.03% | -0.76% | -0.17 |
| Vanguard Total International Bond ETF BNDX | 0.07% | 122.00B | 4.52% | -2.72% | -0.64 |
| iShares 0-3 Month Treasury Bond ETF SGOV | 0.09% | 97.69B | 3.80% | +0.05% | 0.05 |
| Vanguard Short-Term Inflation-Protected Securities ETF VTIP | 0.03% | 70.50B | 4.16% | -0.54% | -0.18 |
| Vanguard Short-Term Bond ETF BSV | 0.03% | 70.40B | 4.02% | -1.02% | -0.48 |
| Vanguard Intermediate-Term Corporate Bond ETF VCIT | 0.03% | 68.70B | 4.86% | -1.04% | -0.22 |
| Vanguard Intermediate-Term Bond ETF BIV | 0.03% | 52.20B | 4.27% | -1.28% | -0.28 |
| Vanguard Short-Term Corporate Bond ETF VCSH | 0.03% | 50.50B | 4.47% | -0.85% | -0.36 |
| Vanguard Intermediate-Term Treasury ETF VGIT | 0.03% | 49.50B | 3.89% | -1.50% | -0.41 |
Cheaper alternatives
No fund of the class reaches 60% portfolio overlap — showing the cheapest funds of the class instead.
| Fund | TER | AUM (USD) | Overlap |
|---|---|---|---|
| Vanguard Short-Term Corporate Bond ETF VCSH | 0.03% | 50.50B | 0.0% |
| Vanguard Total Bond Market ETF BND | 0.03% | 394.40B | 0.0% |
| iShares Core U.S. Aggregate Bond ETF AGG | 0.03% | 138.36B | 0.0% |
| Vanguard Short-Term Inflation-Protected Securities ETF VTIP | 0.03% | 70.50B | 0.0% |
| Vanguard Short-Term Bond ETF BSV | 0.03% | 70.40B | 0.0% |
