Morningstar

NYLI MacKay Muni Insured ETF MMIN

Morningstar Medalist Rating
Medalist Rating as of | See New York Life Investment Hub

Morningstar’s Analysis MMIN

Will MMIN outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable MMIN’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the MMIN management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of MMIN’s parent organization’s priorities and whether they’re in line with investors’ interests.

IQ MacKay Municipal Insured ETF’s Process Pillar rating is Average, but a strong management team still helps this strategy retain its Morningstar Medalist Rating of Bronze.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a cost advantage over competitors, priced within the lowest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings MMIN

More MMIN Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 9.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Dreyfus Govt Cash Man Ins

1.22 6.1 Mil
Cash and Equivalents

MAINE HEALTH & HIGHER EDL FACS AUTH REV 5.25%

1.10 5.5 Mil
municipal

ANAHEIM CALIF PUB FING AUTH LEASE REV 0%

1.10 5.5 Mil
municipal

BURBANK GLENDALE PASADENA ARPT AUTH CALIF ARPT REV 4%

1.02 5.1 Mil
municipal

SAN MATEO CALIF SPL TAX 5.25%

1.00 5.0 Mil
municipal

CHICAGO ILL O HARE INTL ARPT REV 5.25%

0.98 4.9 Mil
municipal

EL PASO CNTY TEX HOSP DIST 5%

0.92 4.6 Mil
municipal

TEXAS ST TECHNICAL COLLEGE SYS FING SYS REV 5.5%

0.91 4.6 Mil
municipal

CHICAGO ILL TRAN AUTH SALES TAX RCPTS REV 4%

0.90 4.5 Mil
municipal

JOLIET ILL 5.5%

0.83 4.2 Mil
municipal

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