NYLI MacKay California Muni Intermediate ETF (MMCA)
Muni California Intermediate · New York Life Investment Management LLC · NYSE
Muni California IntermediateETF
NYLI MacKay California Muni Intermediate ETF (MMCA) is an exchange-traded fund in the Muni California Intermediate category. It has $89.22M in assets, an expense ratio of 0.36% and a 3.54% dividend yield. The fund, under normal circumstances, invests at least 80% of its assets (net assets plus the amount of any borrowings for investment purposes) in municipal bonds, whose interest is, in the opinion of bond counsel for the issuers at the time of issuance, exempt from federal and California income taxes.