NYLI MacKay Muni Allocation ETFMMMA

NY Life InvestmentsBonds & CashMunicipal#150 of 785 by YTD

$24.74

+0.2% last session

+2.2% YTD

Data as of 11/3/20264:00 PM ET · End-of-day

Dividend-adjusted total return · S&P 500 uses VOO · Dec 31, 2025 – Nov 3, 2026MMMAS&P 500 · VOO

Returns	1D	1M	3M	YTD	1Y	3Y	5Y	MAX
Total return	+0.2%	+3.6%	−0.6%	+2.2%	—	—	—	+2.6%
Peer average	0.0%	+2.9%	−0.9%	+0.3%	+0.6%	+14.6%	+2.5%	—
S&P 500 · VOO	+0.3%	−2.6%	−1.7%	+11.5%	+11.9%	+90.9%	+77.5%	—

Key Statistics

Open all fund facts →

AUM: $59M
Expense ratio: 0.40%
Distribution yield: 3.8%
NAV: $24.71
Volume: 6K
Avg. volume 30D: 49K
High today: $24.76
Low today: $24.73
Previous close: $24.70
52-week high: $25.74
52-week low: $23.63
Our risk indicator: 2/5

MMMA in One Breath

MMMA Among Municipal ETFs

YTD

#1MMMANY Life Investments+2.2%$59.3M

#2MYMGSPDR+1.9%$8.6M

#3SMMUPIMCO+1.9%$1.3B

#4MYMFSPDR+1.9%$8.7M

#5IBMOiShares+1.9%$499M

#6FTMSFranklin Templeton+1.9%$265M

#7MMSDNY Life Investments+1.8%$87.1M

#8MUNAFlexShares+1.8%$8.0M

#9CGSMCapital Group+1.7%$1.7B

End-of-day Nov 4, 2026 · 141 Municipal ETFs by YTD

$10,000 in MMMA

$10,000 in MMMA became

$10,257

In the S&P 500 (VOO)

$11,239

Total return, dividends in · Dec 16, 2025 – Nov 3, 2026 · S&P 500 uses VOO

MMMA’s Top Holdings

Today

Chicago Ill 4.0%New Jersey S3.7%Sales Tax Se3.2%Valparaiso I3.0%Kentucky Inc2.7%New York St 2.5%Will Cnty Il2.5%Michigan Fin2.4%Public Fin A2.4%Alabama Toll2.2%Metropolitan2.2%Denver Colo 2.1%North Browar2.1%Natomas Uni 2.1%Uab Medicine2.0%Los Angeles 1.9%California C1.8%Black Belt E1.8%Illinois St 1.8%Black Belt E1.7%Chicago Ill 1.7%Texas St Dep1.7%31 more

NY Life Investments MMMA · 53 holdings · tile size = share of the fund · as of Nov 3, 2026

What MMMA Holds

Today

All holdings100.3%

Chicago Il 4.0 · New Jersey 3.7 · Sales Tax 3.2 · Valparaiso 3.0 · Kentucky I 2.7 · New York S 2.5 · Will Cnty 2.5

NY Life Investments MMMA · share of the fund · as of Nov 3, 2026

Chicago’s Share of MMMA

Today

4.0%

$40 of every $1,000 in MMMA is Chicago

Chicago held by MMMA

$2.4M

NY Life Investments MMMA · each square = $10 of $1,000 · as of Nov 3, 2026

MMMA’s Share of Municipal ETFs

Today

0.0%

of the $244B in 166 Municipal ETFs

MMMA$59.3M0.0%

MUB$54.5B22.3%

VTEB$49.6B20.3%

163 others$140B57.3%

Municipal ETF AUM · Nov 4, 2026

MMMA Fee per $100 vs Peers

Today

$0.40a year
per $100

$40 a year on $10,000

VTEB$0.03

MUB$0.05

SUB$0.07

JMUB$0.18

CGMU$0.27

MMMA$0.40

Expense ratio · Municipal peers · Nov 4, 2026

Inside MMMA

53 holdings · as of Nov 3, 2026

MMMA

NYLI MacKay Muni Allocation ETF

Today

All holdings100.3%Chicago Il4.0%New Jersey3.7%Sales Tax 3.2%Valparaiso3.0%Kentucky K2.7%New York S2.5%Will Cnty 2.5%Michigan F2.4%Public Fin2.4%Alabama To2.2%Metropolit2.2%60 more holdings63.3% of the fund

All holdings100.3%Chicago Il4.0%New Jersey3.7%Sales Tax 3.2%Valparaiso3.0%68 more holdings81.3% of the fund

#	Ticker	Company	Weight ▼
1	—	Chicago Ill Tran Auth Sales Tax Rcpts Rev 5.5% 01-dec-2056	3.97%
2	—	New Jersey St Hsg & Mtg Fin Agy Rev 3.75% 01-oct-2035	3.69%
3	—	Sales Tax Securitization Ill 4.0% 01-jan-2040	3.15%
4	—	Valparaiso Ind Exempt Facs Rev 5.0% 01-jan-2054	3.04%
5	—	Kentucky Ky Pub Energy Auth Gas Supply Rev 5.5% 01-dec-2033	2.70%
6	—	New York St Mtg Agy Homeowner Mtg Rev 4.65% 01-oct-2043	2.49%
7	—	Will Cnty Ill Cmnty High Sch Dist No 210 Lincoln-way 4.0% 01-jan-2037	2.47%
8	—	Michigan Fin Auth Rev 4.0% 15-nov-2046	2.42%
9	—	Public Fin Auth Wis Student Hsg Rev 5.75% 01-jul-2051	2.36%
10	—	Alabama Toll Rd Brdg & Tunl Auth Rev 5.0% 01-oct-2032	2.23%

NY Life Investments MMMA · current holdings by weight · as of Nov 3, 2026 · each tile is one holding · top 20 = 48.0%

How It Compares

MMMA

NYLI MacKay Muni Allocation ETF’s Peers

YTD


MUB	iSharesRead Desk	0.05%	−0.4%	+0.1%	$54.5B
VTEB	VanguardRead Desk	0.03%	−0.3%	+0.1%	$49.6B
SUB	iSharesRead Desk	0.07%	+1.4%	+2.2%	$13.3B
JMUB	J.P. MorganRead Desk	0.18%	0.0%	+0.3%	$9.0B
CGMU	Capital GroupRead Desk	0.27%	+0.5%	+1.1%	$7.5B
MMMA	NY Life InvestmentsThis fundRead Desk	0.40%	+2.2%	new	$59M

Municipal peers · YTD and past-year returns · as of Nov 4, 2026 · sorted by AUM

Head to Head

Put MMMA head to head with MUB →

MUB vs MMMA

YTD

MUBiShares · MunicipalMMMANY Life Investments · Municipal

Year to date

−0.4%

+2.2%

MMMA wins+2.6 pts

Past year

+0.1%

[…]

Level

Fee

0.05%

0.40%

MUB winslower fee

Yield

3.3%

3.8%

MMMA wins+0.5 pts

AUM

$54.5B

$59.3M

MUB918.9× more

2–1MMMA wins

iShares MUB and NY Life Investments MMMA · year-to-date · as of Nov 4, 2026 · AUM not scored

MMMA vs VOO

YTD

MMMA · NYLI MacKay Muni Allocation

+2.2%

VOO · S&P 500

+11.5%

Gap

9.3 pts

NY Life Investments MMMA and Vanguard VOO · YTD total return · as of Nov 4, 2026

MMMA vs Its Peer Average

YTD

MMMAAvsBPeer average

1D+0.2%0.0%

1M+3.6%+2.9%

3M−0.6%−0.9%

YTD+2.2%+0.3%

1Y[…]+0.6%

3Y[…]+14.6%

5Y[…]+2.5%

4–0MMMA wins

165 Municipal peers · each row scaled to its leader

The Details

MMMA

Risk

2/5our risk indicator

CalmerBumpier

Volatility · 1Y[…]

Deepest drop · 1Y[…]

Lowest point · 5Y−2.1%

52-week range

$24.74

$23.63−3.9% from the high$25.74

NY Life Investments MMMA · past-year price moves · as of Nov 4, 2026

MMMA

Fund Facts

Today

2025launched Dec 16

Tracks[…]

Exchange · CUSIPAMEX · 64953X209

StructureETF

Leverage1x

Cost on $10,000$40 a year

Go deeper

Prospectus & documents Trading & liquidity Fees & costs Distributions

NY Life Investments MMMA · fund facts · as of Nov 4, 2026

MMMA

Payouts by Year

$0.0746per share, Oct 2026

Distribution yield3.8%

PaidEvery month

Latest ex-date · paidOct 30 · Nov 3, 2026

11 payouts added up$0.93 a share

NY Life Investments MMMA · distributions by ex-date · 2025–2026

All Fund FactsDocuments · trading · fees · every payout

Prospectus & Documents

SEC reported portfolio · 2026-07-31 ↗summary prospectus · SEC 497K ↗SEC reported portfolio · 2026-04-30 ↗SEC reported portfolio · 2026-01-31 ↗prospectus · SEC 485BPOS ↗summary prospectus · SEC 497K ↗prospectus · SEC 485APOS ↗

Trading & Liquidity

Net asset value$24.71

Premium / discount[…]

Median spread · 30D[…]

Volume today6K

Average volume · 30D49K

Shares outstanding[…]

Options[…]

Fees & Costs

Net expense ratio0.40%

Gross expense ratio[…]

Management fee[…]

Cost on $10,000 a year$40.00

Our risk indicator2/5

Estimated yearly cost excludes trading costs and assumes constant assets.

Distributions

Ex-date	Paid	Per share
Oct 30, 2026	Nov 3, 2026	$0.0746
Sep 30, 2026	Oct 2, 2026	$0.0874
Aug 31, 2026	Sep 2, 2026	$0.0927
Jul 31, 2026	Aug 4, 2026	$0.0888
Jun 30, 2026	Jul 2, 2026	$0.0878
May 29, 2026	Jun 2, 2026	$0.0963
Apr 30, 2026	May 4, 2026	$0.0887
Mar 31, 2026	Apr 2, 2026	$0.0908
Feb 27, 2026	Mar 3, 2026	$0.0832
Jan 30, 2026	Feb 3, 2026	$0.0952
Dec 30, 2025	Jan 5, 2026	$0.0427

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