ETF profile for Nylim Mackay Muni High Income ETF (MMHI) from the issuer: top holdings, net assets, expense ratio and shares outstanding.
MMHI ETF Profile
| Family: |
New York Life Investments |
| Name: |
NYLIM MacKay Muni High Income ETF |
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| Inception Date: |
1-Oct-2026 |
| Termination Date: |
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| Investment Objective: |
The Fund will invest at least 80% of its assets in municipal debt securities issued by or on behalf of a government entity or other qualifying entity/issuer that pays interest that is, in the opinion of bond counsel to the issuers, generally excludable from gross income for federal income tax purposes (except that the interest may be includable in taxable income for purposes of the federal alternative minimum tax) ("Municipal Bonds"). To the extent that the Fund utilizes derivatives that provide exposure to these investments or to one or more market risk factors associated with these investments, such derivatives will be counted towards the Fund's 80% investment policy. The Fund may invest in Municipal Bonds in any rating category or in unrated Municipal Bonds. Although the Fund may invest in Municipal Bonds in any rating category, the Fund typically invests at least 60% of its net assets in medium-to low-quality Municipal Bonds that are rated BBB+ or Baa1 or below by at least one nationally recognized statistical rating organization ("NRSRO") or if unrated, judged to be of comparable quality by MacKay Shields LLC ("MacKay Shields" or "Subadvisor"). Securities rated BB+ or Ba1 or below are commonly referred to as "high yield securities" or "junk bonds". |
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| Prospectus |
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| Top 10 Holdings |
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Top 10 Holdings Weight: |
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| Number of Holdings: |
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| Shares Outstanding: |
1,645,300 |
| Total Net Assets: |
42,679,080 |
| NAV: |
25.89 |
| Net Expense Ratio: |
0.34% |
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| Asset Class: |
Bonds |
| Developed or Emerging: |
Developed Market Funds |
| Country: |
US |
| Region: |
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| Strategy: |
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| Currency: |
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| Commodity: |
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| Sector: |
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| Industry: |
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| Dividend Type: |
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| Tax Exempt State: |
Municipal - National |
| Maturity Duration: |
Fund Holds All Maturity Ranges |
| Market Cap: |
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| Credit Quality: |
Fund Holds Both Investment Grade & High Yield |
| Mortgage Bond Types: |
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| Bond Type: |
Municipal |
| Gov't Bond Types: |
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| Reit Type: |
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| Leverage Direction/Factor: |
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| Is Currency Hedged: |
No |
| US or Ex-US: |
Domestic |
