NYLI MacKay Muni Intermediate ETF (MMIT) Dividend Yield, History & Forecast

NYLI MacKay Muni Intermediate ETF (MMIT) is an exchange-traded fund (ETF) listed on the New York Stock Exchange Arca. It pays a current dividend yield of 3.75% ($0.88 per share annually (TTM)). The most recent ex-dividend date was August 31, 2026, with payment scheduled for September 2, 2026. market capitalization is approximately $1.44B. Review MMIT dividend history on this scorecard, compare peers in the Compare Dividend Returns tool, or project income with the dividend calculator.

MMIT fund composition

MMIT holds 837 positions, with 0.2% of assets in its ten largest. It charges an expense ratio of 0.40%, and manages $1.47B.

Top 10 holdings

HoldingWeight
CASHCASH0.23%

Sector allocation

Cash & Others101.5%

Frequently Asked Questions about NYLI MacKay Muni Intermediate ETF (MMIT)

What is NYLI MacKay Muni Intermediate ETF's dividend yield?
NYLI MacKay Muni Intermediate ETF (MMIT) pays a current trailing twelve-month dividend yield of 3.75%, which works out to $0.88 per share annually based on the most recent payout schedule.
When does NYLI MacKay Muni Intermediate ETF pay distributions?
The most recent ex-dividend date was August 31, 2026. The next scheduled dividend payment date is September 2, 2026.
What does NYLI MacKay Muni Intermediate ETF invest in?
MMIT is actively managed to provide current income, exempt from federal income tax, via investing 80% of its assets in investment-grade municipal bonds. The funds subadvisor considers macroeconomic factors such as tax rates, treasury rates, regulatory, technical factors, and other global economic data. In addition, certain ESG criteria may also be considered for evaluation. Based on this assessment, the manager employs fundamental analysis among various sectors and states to select individual muni bonds with no single state making up 30% of the total investment. The fund aims to maintain a...