NYSEArca - Delayed Quote USD

NYLI MacKay Muni Insured ETF (MMIN)

24.22 -0.02 (-0.08%)
At close: November 21 at 3:59 PM EST

ETF Summary

The fund, under normal circumstances, invests at least 80% of its assets (net assets plus borrowings for investment purposes) in: (i) 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"); and (ii) debt securities covered by an insurance policy guaranteeing the payment of principal and interest.

ETF Overview

Category Muni National Long
Fund Family New York Life Investment Management LLC
Net Assets 510.25M
YTD Daily Total Return 1.99%
Yield 3.95%
Legal Type Exchange Traded Fund

ETF Operations

Attributes MMIN Category Average
Annual Report Expense Ratio (net) 0.30% 0.79%
Holdings Turnover 45.00% 36.04%
Total Net Assets 0.00 0.00

Morningstar Style Box

Yahoo partners with Morningstar a leading market research and investment data group to help investors rate and compare funds on Yahoo Finance. The Morningstar Category is shown next to the Morningstar Style Box which identifies a fund's investment focus, based on the underlying securities in the fund. MORNING_STAR_STYLE_BOX

Morningstar Category

While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

Related Tickers