NYLI MacKay Muni Insured ETF (MMIN)
| Assets | $345.48M |
| Expense Ratio | 0.30% |
| PE Ratio | n/a |
| Shares Out | 14.45M |
| Dividend (ttm) | $0.96 |
| Dividend Yield | 3.98% |
| Ex-Dividend Date | Oct 1, 2025 |
| Payout Frequency | Monthly |
| Payout Ratio | n/a |
| Volume | 37,874 |
| Open | 24.20 |
| Previous Close | 24.16 |
| Day's Range | 24.09 - 24.20 |
| 52-Week Low | 22.30 |
| 52-Week High | 24.48 |
| Beta | 0.32 |
| Holdings | 186 |
| Inception Date | Oct 18, 2017 |
About MMIN
Fund Home PageThe NYLI MacKay Muni Insured ETF (MMIN) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed US municipal bond fund for insured, investment-grade securities of varying maturities. MMIN was launched on Oct 18, 2017 and is issued by New York Life Investments.
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Oct 1, 2025 | $0.07949 | Oct 6, 2025 |
| Sep 2, 2025 | $0.08061 | Sep 8, 2025 |
| Aug 1, 2025 | $0.08311 | Aug 6, 2025 |
| Jul 1, 2025 | $0.10673 | Jul 7, 2025 |
| Jun 2, 2025 | $0.07754 | Jun 6, 2025 |
| Apr 30, 2025 | $0.07641 | May 5, 2025 |
Performance
MMIN had a total return of 4.35% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.50%.
News
Municipal Bond Funds: Time To Shine Or Curtain Call?
Municipal bonds are back to offer compelling risk-adjusted opportunities, but future decisions from Washington can either act as a tailwind or headwind. Municipal bond funds saw net inflows during 202...
Municipal CEF Sector Update: What We're Doing After A Roller Coaster Ride
We take a look at the municipal sector after a rollercoaster ride. We find that longer-duration munis remain attractive, particularly relative to corporate bonds. Separately, muni CEF discounts are wi...
Own a muni ETF? Here's what midterm elections mean for the municipal bond market, according to this investment team
U.S. midterm elections have MacKay Municipal Managers, a team of municipal bond investors at MacKay Shields, watching closely for state ballot initiatives that may lead to policy change.
Growing CEF Portfolio Income In A Sustainable Way
The recent CEF market drawdown has made it clear that it is those investors who maintain dry powder reserves that can fully take advantage of current attractive CEF yields.
Muni Investors Stay Flexible As Rates Rise
Truly active managers shine in challenging investment environments, especially when they are given a flexible mandate. With tax-loss harvesting, active investors can deliberately sell at a loss to off...
Best Municipal Bond ETFs for Q1 2021
The best municipal bond ETFs for Q1 2021 are BAB, MMIN, and IBMQ.