Fund Evaluator:
NYLI MacKay Muni Short Duration ETF (MMSD)
Follow This Fund
Fixed Income
Global Asset Class
Municipal Bond
Fund Group
Muni National Short
Category
$0.000
NAV (as of )
$0.00
Minimum Initial
0.25% C
Expense Ratio
$75 Mil
Assets
Open
Status
0.00%
12b-1 Fee
3.85%
TTM Yield
0.00%
Max Load
na
Portfolio Turnover
Best Performing in Muni National Short Over the Last Year
| 4.7% | PGIM Short Duration Muni Z (PDSZX) |
| 4.3% | BlackRock Short Duration Muni Inv A1 (MDLMX) |
| 4.0% | Vanguard Ltd-Term Tx-Ex Adm (VMLUX) |
| 3.9% | Vanguard Ltd-Term Tx-Ex (VMLTX) |
| 3.8% | T. Rowe Price Tax-Free Shrt-Interm (PRFSX) |
Data as of 6/30/2026
0.4% B
1-Mo Return
1.2% A
3-Mo Return
1.5% B
YTD Return
4.2% A
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
5/5/2025
Share Class Type
Equity Investment Style
na
Bond Investment Style
na
Socially Responsible Fund
No
Index Fund
No
Benchmark Index
Bloomberg Municipal TR USD: 100%
Additional Fund Details
NYLI MacKay Muni Short Duration ETF Overview
MMSD Trailing NAV Total Returns Data as of 6/30/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| MMSD Return (NAV) | 0.4% | 1.2% | 4.2% | na | na | na |
| MMSD Grade | B | A | A | na | na | na |
| +/- Category | 0.1% | 0.1% | 0.6% | na | na | na |
| Muni National Short Avg | 0.3% | 1.0% | 3.6% | 3.5% | 1.6% | 1.6% |
| MMSD Tax Cost Ratio | na | na | 0.0% | na | na | na |
MMSD Annual NAV Total ReturnsData as of 6/30/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| MMSD Return (NAV) | 1.5% | na | na | na | na | na | na | na | na | na | na |
| MMSD Grade | B | na | na | na | na | na | na | na | na | na | na |
| +/- Category | 0.3% | na | na | na | na | na | na | na | na | na | na |
| Muni National Short Avg | 1.3% | 4.0% | 2.6% | 3.9% | -3.2% | 0.4% | 2.4% | 3.4% | 1.2% | 1.9% | -0.1% |
| 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: | 3.9% |
| Dividend Distribution: | Monthly |
| Cap Gains Distribution: | Annually |
| Total Assets: | $75 Mil |
| Fund Total Assets: | $ 75 Mil |
| Share Class Type: | |
| Portfolio Turnover: | na |
Management Team
| Number of Managers: 4 | |||
| Longest Tenure: 1.2 years | |||
| Average Tenure: 1.2 years | |||
| Managers (Year): Lawlor John (2025), Sprauer Scott (2025), Gill Sanjit (2025), Krishnakumar Vineeth (2025) | |||
Portfolio Composition (as of 6/30/26)
| # of Holdings: | 152 |
| % in Top 10 Holdings: | 13.8% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 1.5% |
Portfolio Allocation |
|
| Domestic Stock: | 0.0% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 89.8% |
| Foreign Bond: | 1.5% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 8.8% |
Purchase Information
| Fund Family: | New York Life Investment Management LLC |
| Phone Number: | 888-474-7725 |
| Website: | www.indexiq.com |
| Status: | Open |
| Inception Date: | May 5, 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 (%): | 0.25% ( Rating : Below Avg ) |
| Category Average Expense Ratio (%): | 0.58% |
| Share Class: | NYLI MacKay Muni Short Duration ETF |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
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