NYLI MacKay Muni Intermediate ETF (MMIT)
| Assets | $1.45B |
| Expense Ratio | 0.30% |
| PE Ratio | n/a |
| Shares Out | 60.25M |
| Dividend (ttm) | $0.86 |
| Dividend Yield | 3.59% |
| Ex-Dividend Date | Feb 27, 2026 |
| Payout Frequency | Monthly |
| Payout Ratio | n/a |
| Volume | 209,417 |
| Open | 24.10 |
| Previous Close | 24.13 |
| Day's Range | 24.07 - 24.12 |
| 52-Week Low | 22.99 |
| 52-Week High | 24.77 |
| Beta | 0.23 |
| Holdings | 838 |
| Inception Date | Oct 18, 2017 |
About MMIT
Fund Home PageThe NYLI MacKay Muni Intermediate ETF (MMIT) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed to provide enhanced total-return potential by investing mainly in investment-grade, AMT-free US municipal bonds with duration between 3-10 years. MMIT was launched on Oct 18, 2017 and is issued by New York Life Investments.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 27, 2026 | $0.06678 | Mar 3, 2026 |
| Jan 30, 2026 | $0.07335 | Feb 3, 2026 |
| Dec 30, 2025 | $0.0736 | Jan 5, 2026 |
| Dec 1, 2025 | $0.07112 | Dec 5, 2025 |
| Nov 3, 2025 | $0.07399 | Nov 7, 2025 |
| Oct 1, 2025 | $0.07008 | Oct 6, 2025 |
Performance
MMIT had a total return of 3.99% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.53%.
News
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.
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...