- What are the top holdings of MMIN?
- NYLI MacKay Muni Insured ETF holds 222 securities in total. The largest positions and their portfolio weights are listed on the Holdings tab.
- How many holdings does MMIN have?
- MMIN holds 222 positions as reported by the fund's most recent disclosure.
- What sectors does MMIN invest in?
- NYLI MacKay Muni Insured ETF (MMIN) allocates across the sectors shown above. The largest exposure tops the list; the rest follow in descending weight order.
- What sector is MMIN most exposed to?
- MMIN's full sector breakdown is on the Sectors tab. The largest sector weight is shown there along with the rest of the allocation.
- Is MMIN a US-only fund?
- The country allocation card on this page shows MMIN's geographic exposure. Funds with > 95% US weight are effectively US-only; international or global funds will show meaningful weights across multiple countries.
- What does MMIN invest in?
- MMIN offers an active management perspective on the US investment-grade municipal bond space. The portfolio includes bonds of varying maturities (dollar-weighted average duration of 3-15 years), issued by at least 15 different states and encompassing at least 10 sectors, with no more than 30% of the securities from a single state. The fund selects bonds covered by an insurance policy, which guarantees principal and interest payments but lowers yield, and debt securities whose interest is exempt from federal Income tax. Investments are based on an assessment of macro factors that could include ESG criteria. An investment strategy is developed to position the fund among various sectors of the municipal bond market in different states. A fundamental, bottom-up credit research analysis is employed to finally select individual bonds. Prior to Aug. 28, 2024, the fund name was branded under IndexIQ.
