NYLI MacKay Muni Short Duration ETF (MMSD)
- Net assets$83.8M
- Dividend yield3.83%
- 1-year return+1.61%
- Duration9.79 yrs
MMSD ETF price chart
MMSD quote & trading statistics
MMSD performance
Annual returns & drawdowns →- YTD+1.17%
- 1 year+1.61%
- 1Y volatility
- 2.65%
- 3Y volatility
- 0.00%
- 3Y Sharpe ratio
- 0.00
Returns include reinvested distributions; 3-, 5- and 10-year figures are annualized.
MMSD bond portfolio
Rate scenarios & peers →- Yield to maturity
- 3.65%
- Effective duration
- 9.79 yrs
- Average coupon
- 4.45%
A one-percentage-point rise in interest rates would lower the price by about 9.8%.
About NYLI MacKay Muni Short Duration ETF
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 municipal debt securities, which include debt obligations issued by or on behalf of a government entity or other qualifying entity/issuer that pays interest that is, in the opinion of bond counsel to the issuers, generally excludable from gross income for federal income tax purposes (except that the interest may be includable in taxable income for purposes of the federal alternative minimum tax)("Municipal Bonds").
MMSD ETF FAQ
How much money is in MMSD?
NYLI MacKay Muni Short Duration ETF has about $83.8M in net assets.
How has MMSD performed?
MMSD returned +1.61% over the past year, including reinvested distributions.
Does MMSD pay dividends?
MMSD has a dividend yield of 3.83%.
When was MMSD launched?
NYLI MacKay Muni Short Duration ETF began trading on May 5, 2025.