Muni National Interm · New York Life Investment Management LLC · NYSE
Muni National IntermETF
NYLI MacKay Muni Intermediate ETF (MMIT) is an exchange-traded fund in the Muni National Interm category. It has $1.44B in assets, an expense ratio of 0.30% and a 4.15% dividend yield. The fund will, under normal circumstances, invest at least 80% of its assets (net assets plus the amount of any borrowings for investment purposes) in debt securities whose interest is, in the opinion of bond counsel for the issuer at the time of issuance, exempt from federal income tax (“Municipal Bonds”).