What does MMIT track?

MMIT is the NYLI MacKay Muni Intermediate ETF, a Other ETF.

What is the expense ratio of MMIT?

Expense ratio data for MMIT is shown on the page when available from our data provider.

What are the largest holdings in MMIT?

Top holdings include DREYFUS GOVT CASH MAN INS, New York N Y Var 01-feb-2055, Puerto Rico Sales Tax Fing Corp Sales Tax Rev 4.329% 01-jul-2040, Hudson Yds Infrastructure Corp N Y Second Indenture Rev 5.0% 15-feb-2042, Minnesota Mun Gas Agy Gas Proj Rev 5.0% 01-sep-2035.

How can PortView analyze MMIT overlap with other ETFs?

PortView computes the holdings overlap between MMIT and the other ETFs and stocks you own, plus your combined sector and geographic exposure, so you can see true diversification.

NYLI MacKay Muni Intermediate (MMIT) ETF Holdings & Analysis

ETFOther

$23.74+0.04%

1-year price historyRange $23.73 – $24.77

52-week range$23.74

$23.67$24.77

What MMIT does

MMIT is actively managed to provide current income, exempt from federal income tax, via investing 80% of its assets in investment-grade municipal bonds. The funds subadvisor considers macroeconomic factors such as tax rates, treasury rates, regulatory, technical factors, and other global economic data. In addition, certain ESG criteria may also be considered for evaluation. Based on this assessment, the manager employs fundamental analysis among various sectors and states to select individual muni bonds with no single state making up 30% of the total investment. The fund aims to maintain a dollar-weighted average duration of 3 to 10 years. As an actively managed fund, MMIT may make certain investment decisions at its discretion to meet its objectives. Prior to Aug. 28, 2024, the fund name was branded under IndexIQ.

Fund profile

Top holdings

	Holding	Weight
	DREYFUS GOVT CASH MAN INS	2.26%
	New York N Y Var 01-feb-2055	1.03%
	Puerto Rico Sales Tax Fing Corp Sales Tax Rev 4.329% 01-jul-2040	0.99%
	Hudson Yds Infrastructure Corp N Y Second Indenture Rev 5.0% 15-feb-2042	0.91%
	Minnesota Mun Gas Agy Gas Proj Rev 5.0% 01-sep-2035	0.90%
	Los Angeles Calif Dept Wtr & Pwr Rev 5.0% 01-jul-2041	0.90%
	Pennsylvania Hsg Fin Agy Single Family Mtg Rev 3.0% 01-oct-2051	0.87%
	Springfield Ill Elec Rev 5.0% 01-mar-2032	0.62%
	Chicago Ill Brd Ed Dedicated Cap Impt 6.0% 01-apr-2046	0.59%
	Phoenix Ariz Indl Dev Auth Lease Rev 5.0% 31-oct-2044	0.56%

Sector allocation

Cash & Others	100.15%
Financial Services	-0.15%

Geographic allocation

Other

100.15%

PortView Portfolio Insights

PortView analyzes how MMIT fits your actual portfolio — position weight, ETF overlap with your other funds, sector and geographic exposure, concentration, and how this fund contributes to your portfolio risk and return. Connect a portfolio to see your personalized figures; PortView never shows another user's private holdings.

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Frequently asked questions

What does MMIT track?: MMIT is the NYLI MacKay Muni Intermediate ETF, a Other ETF.
What is the expense ratio of MMIT?: Expense ratio data for MMIT is shown on the page when available from our data provider.
What are the largest holdings in MMIT?: Top holdings include DREYFUS GOVT CASH MAN INS, New York N Y Var 01-feb-2055, Puerto Rico Sales Tax Fing Corp Sales Tax Rev 4.329% 01-jul-2040, Hudson Yds Infrastructure Corp N Y Second Indenture Rev 5.0% 15-feb-2042, Minnesota Mun Gas Agy Gas Proj Rev 5.0% 01-sep-2035.
How can PortView analyze MMIT overlap with other ETFs?: PortView computes the holdings overlap between MMIT and the other ETFs and stocks you own, plus your combined sector and geographic exposure, so you can see true diversification.

The information provided by PortView is for informational and educational purposes only and does not constitute investment advice. Market data may be delayed. Past performance does not guarantee future results.