

New York Life Investments launched a new actively managed municipal bond ETF, designed to serve those investors wanting to attain higher levels of tax-exempt income with interest rates near record highs.

NEW YORK--(BUSINESS WIRE)--New York Life Investments today announced the launch of the NYLI MacKay Muni Allocation ETF (NYSE: MMMA), an actively-managed municipal bond ETF designed to deliver attractive, tax-exempt income through a combination of predominately long-duration investment grade municipal securities with a strategic allocation to high yield municipals. The Fund is managed by MacKay Shields' MacKay Municipal Managers™ team, led by Michael Denlinger, Matthew Hage, and Michael Perilli,.
SEC filings for MMMA aren't indexed yet — common for recently launched funds. Browse the issuer's filings on SEC EDGAR directly.