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NYSEARCA:MMIT

NYLI MacKay Shields Municipal Intermediate ETF (MMIT) Price, Holdings, & News

NYLI MacKay Shields Municipal Intermediate ETF logo
$23.77 +0.01 (+0.04%)
As of 06/13/2025 04:10 PM Eastern

About NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT)

Key Stats

Today's Range
$23.71
$23.77
50-Day Range
$23.36
$23.81
52-Week Range
$22.99
$24.65
Volume
192,762 shs
Average Volume
171,375 shs
Market Capitalization
$831.95 million
Assets Under Management
$848.45 million
Dividend Yield
3.70%
Net Expense Ratio
0.31%
Aggregate Rating
N/A

ETF Overview

The IQ MacKay Municipal Intermediate ETF (MMIT) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed to provide enhanced total-return potential by investing mainly in investment-grade, AMT-free US municipal bonds with duration between 3-10 years. MMIT was launched on Oct 18, 2017 and is managed by IndexIQ.

NYLI MacKay Shields Municipal Intermediate ETF Expenses

TypeMMITInvestment Grade ETFsFixed Income ETFsNYSEARCA ETFsAll ETFs
Management Fee0.40%0.23%0.33%0.52%0.54%
Other Expenses0.11%0.12%0.25%0.56%0.51%
Total Expense0.51%0.26%0.40%0.73%0.71%
Fee Waiver-0.20%-0.14%-0.25%-0.65%-0.54%
Net Expense0.31%0.24%0.36%0.58%0.60%
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MMIT ETF News Headlines

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MMIT ETF - Frequently Asked Questions

NYLI MacKay Shields Municipal Intermediate ETF's stock was trading at $24.01 at the beginning of the year. Since then, MMIT shares have decreased by 1.0% and is now trading at $23.77.
View the best growth stocks for 2025 here
.

NYLI MacKay Shields Municipal Intermediate ETF's top institutional investors include Raymond James Financial Inc. (5.26%), Schneider Downs Wealth Management Advisors LP (5.03%), Meeder Advisory Services Inc. (4.87%) and Cetera Investment Advisers (4.76%).

Shares of MMIT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that NYLI MacKay Shields Municipal Intermediate ETF investors own include Acxiom (ACXM), Duke Realty (DRE), Keane Group (FRAC), Adesto Technologies (IOTS), Teekay Tankers (TNK), Verizon Communications (VZ) and Atmos Energy (ATO).

Fund Details

Issuer
New York Life Investments
Fund Name
NYLI MacKay Shields Municipal Intermediate ETF
Tax Classification
Regulated Investment Company
Stock Exchange
NYSEARCA
Current Symbol
NYSEARCA:MMIT
Inception Date
10/18/2017
Fund Manager
John Loffredo, Robert DiMella, Michael Petty, David Dowden, Scott Sprauer, John Lawlor
Web
N/A
Phone
N/A

Fund Focus

Asset Class
Fixed Income
Benchmark
N/A
Category
Municipals
Focus
Investment Grade
Development Level
Developed Markets
Region
North America
Number of Holdings
647

Fund Statistics

Assets Under Management
$848.45 million
Average Daily Volume
$210.47 thousand
Discount/Premium
0.04%

Administrator, Advisor and Custodian

Administrator
The Bank of New York Mellon Corporation
Advisor
New York Life Investment Management, LLC
Custodian
The Bank of New York Mellon Corporation
Distributor
ALPS Distributors, Inc.
Transfer Agent
The Bank of New York Mellon Corporation
Trustee
N/A
Lead Market Maker
GTS

Options

Optionable
N/A
Short Interest
34,900 shs

Miscellaneous

Beta
0.22
Creation Unit
50,000
Creation Fee
$500.00
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Top 10 MMIT Holdings

  • KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 5%
    Holding Weight: 0.92%
  • MAIN STR NAT GAS INC GA GAS SUPPLY REV 5%
    Holding Weight: 0.90%
  • PARKER CNTY TEX 5%
    Holding Weight: 0.80%
  • SOUTHEAST ENERGY AUTH COOP DIST ALA ENERGY SUPPLY REV 5%
    Holding Weight: 0.77%
  • TEXAS MUN GAS ACQUISITION & SUPPLY CORP V GAS SUPPLY REV 5%
    Holding Weight: 0.75%
  • Dreyfus Govt Cash Man Ins
    Holding Weight: 0.74%
  • PATRIOTS ENERGY GROUP FING AGY S C GAS SUPPLY REV 4.7609%
    Holding Weight: 0.74%
  • LOUISIANA HSG CORP MULTIFAMILY HSG REV 5%
    Holding Weight: 0.73%
  • BROWNSBURG IND 1999 SCH BLDG CORP 5.5%
    Holding Weight: 0.72%
  • CONNECTICUT ST 5%
    Holding Weight: 0.67%

MMIT Sector Exposure

MMIT Industry Exposure


This page (NYSEARCA:MMIT) was last updated on 6/15/2025 by MarketBeat.com Staff
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