# NYLIM MacKay Muni Intermediate ETF (MMIT) — Overview

MMIT · NYSE · Fund

Canonical page: https://www.lighthorse.io/tickers/mmit

## Price

Last close $23.26 on Oct 15, 2026. 52-week range $22.82 – $24.77.

## Fund profile

MMIT is actively managed to provide enhanced total-return potential by investing mainly in investment-grade, AMT-free US municipal bonds with duration between 3-10 years.

| Metric | Value |
| --- | --- |
| Issuer | New York Life Investment Management LLC |
| Industry | — |
| Inception | Oct 18, 2017 |
| Assets under management | $1.6B |
| Expense ratio | 0.30% |
| Net asset value | $23.27 (as of Oct 15, 2026) |
| Distributions | Monthly |
| Leverage | 1x |

## Frequently Asked Questions

### What is NYLIM MacKay Muni Intermediate ETF (MMIT)?

MMIT is actively managed to provide enhanced total-return potential by investing mainly in investment-grade, AMT-free US municipal bonds with duration between 3-10 years.

### What is MMIT's expense ratio?

NYLIM MacKay Muni Intermediate ETF charges an annual expense ratio of 0.30%. The fund is issued by New York Life Investment Management LLC.

### How large is MMIT?

NYLIM MacKay Muni Intermediate ETF manages $1.6B in assets and has traded since Oct 18, 2017.

### How do I buy shares of NYLIM MacKay Muni Intermediate ETF (MMIT)?

MMIT trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web at [Light Horse Dashboard](https://portal.lighthorse.io), the trading API, or an [AI agent connected over MCP](/instructions/ai/claude). The trade panel on this page places the order once you are signed in.

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Quotes and charts are not real-time and must not be relied on for trade decisions or valuation.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).