Fund Evaluator:
NYLI MacKay Muni Allocation ETF (MMMA)
Follow This Fund
Fixed Income
Global Asset Class
Municipal Bond
Fund Group
Muni National Long
Category
$0.000
NAV (as of )
$0.00
Minimum Initial
0.35% D
Expense Ratio
$28 Mil
Assets
Open
Status
0.00%
12b-1 Fee
na
TTM Yield
0.00%
Max Load
na
Portfolio Turnover
Best Performing in Muni National Long Over the Last Year
| 7.5% | Victory Tax Exempt Long-Term (USTEX) |
| 7.3% | Vanguard High-Yield Tax-Exempt Adm (VWALX) |
| 7.2% | Vanguard High-Yield Tax-Exempt (VWAHX) |
| 7.1% | Thrivent Municipal Bond S (TMBIX) |
| 7.0% | T. Rowe Price Core Municipal Bond (PRTAX) |
Data as of 7/31/2026
-1.5% A
1-Mo Return
0.1% A
3-Mo Return
2.2% A
YTD Return
na
1-Yr Return
na
3-Yr Return
na
5-Yr Return
na
Category Risk Index
na
Total Risk Index
Fund Details
Fund Family
New York Life Investment Management LLC
Inception Date
12/15/2025
Share Class Type
Equity Investment Style
na
Bond Investment Style
na
Socially Responsible Fund
No
Index Fund
No
Benchmark Index
N/A: 100%
Additional Fund Details
NYLI MacKay Muni Allocation ETF Overview
MMMA Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| MMMA Return (NAV) | -1.5% | 0.1% | na | na | na | na |
| MMMA Grade | A | A | na | na | na | na |
| +/- Category | 0.4% | 0.4% | na | na | na | na |
| Muni National Long Avg | -1.9% | -0.3% | 6.3% | 3.2% | 0.0% | 1.8% |
| MMMA Tax Cost Ratio | na | na | na | na | na | na |
MMMA Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| MMMA Return (NAV) | 2.2% | na | na | na | na | na | na | na | na | na | na |
| MMMA Grade | A | na | na | na | na | na | na | na | na | na | na |
| +/- Category | 1.4% | na | na | na | na | na | na | na | na | na | na |
| Muni National Long Avg | 0.9% | 3.0% | 2.5% | 6.8% | -11.6% | 2.8% | 4.7% | 8.1% | 0.7% | 5.8% | 0.2% |
| Risk Measures | |
| Standard Deviation: | na |
| Total Risk Index: | na |
| Category Risk Index: | na |
| Category Risk Grade: | |
| Beta: | na |
| R-Squared: | na |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | na |
| Bond Investment Style: | na |
| Yield: | -- |
| Dividend Distribution: | Monthly |
| Cap Gains Distribution: | Annually |
| Total Assets: | $28 Mil |
| Fund Total Assets: | $ 29 Mil |
| Share Class Type: | |
| Portfolio Turnover: | na |
Management Team
| Number of Managers: 3 | |||
| Longest Tenure: 0.6 years | |||
| Average Tenure: 0.6 years | |||
| Managers (Year): Perilli Michael (2025), Denlinger Michael (2025), Hage Matthew (2025) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 50 |
| % in Top 10 Holdings: | 37.3% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 6.1% |
Portfolio Allocation |
|
| Domestic Stock: | 0.0% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 93.6% |
| Foreign Bond: | 6.1% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 0.3% |
Purchase Information
| Fund Family: | New York Life Investment Management LLC |
| Phone Number: | 888-474-7725 |
| Website: | www.indexiq.com |
| Status: | Open |
| Inception Date: | December 15, 2025 |
| Min. Initial Purchase: | $ 0 |
| Min. Initial IRA Purchase: | $ 0 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | 0.00% |
Expenses and Fees | |
| Expense Ratio (%): | 0.35% ( Rating : Below Avg ) |
| Category Average Expense Ratio (%): | 0.78% |
| Share Class: | NYLI MacKay Muni Allocation ETF |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
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