ATLASNYLI MacKay Muni Insured ETF (MMIN): outlook, holdings and fees
NYLI MacKay Muni Insured ETF (MMIN) is an exchange-traded fund and is managed by New York Life Investment Management LLC. The expense ratio is 0.29% and the yield is 4.84%. The ten largest holdings are 11% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on MMIN
| Last price | $23.14 (+0.2%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 64% |
| Likely 1-month range (50%) | $23.01 – $23.53 |
| Normal 1-day range (±1σ) | ±0.4% |
| Distribution yield | 4.84% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
MMIN fund facts
| Issuer | New York Life Investment Management LLC |
|---|---|
| Theme | Municipal bonds |
| Assets under management | $487M |
| Expense ratio | 0.29% |
| Number of holdings | 10 |
| Portfolio turnover | 130% |
| Inception | Oct 18, 2017 |
| Exchange | NYSE |
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: (i) debt securities whose interest is, in the opinion of bond counsel for the issuer at the time of issuance, exempt from federal income tax ("Municipal Bonds"); and (ii) debt securities covered by an insurance policy guaranteeing the payment of principal and interest.
MMIN top holdings
| Holding | Sector | Weight |
|---|---|---|
| PUBLIC FIN AUTH WIS HOSP REV 0.01% | – | 1.94% |
| CONNECTICUT ST SPL TAX OBLIG REV 4% | – | 1.69% |
| Fidelity® Inv MM Fds Treasury Only I | – | 1.54% |
| WEST VIRGINIA ST HOSP FIN AUTH HOSP REV 4% | – | 1.05% |
| WEST CONTRA COSTA CALIF UNI SCH DIST 4% | – | 1.00% |
| METROPOLITAN TRANSN AUTH N Y REV 4% | – | 0.91% |
| CENTRAL FLA EXPWY AUTH SR LIENREV 4% | – | 0.85% |
| MEDFORD ORE HOSP FACS AUTH REV 4% | – | 0.82% |
| NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 0.02% | – | 0.76% |
| MURRAY CITY UTAH HOSP REV 0.03% | – | 0.75% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
MMIN returns and risk
| Year to date | -3.7% |
|---|---|
| 1 year | -2.5% |
| 3 years (annualised) | +3.3% |
| 5 years (annualised) | -0.4% |
| 10 years (annualised) | 0.0% |
| Volatility (3 years) | 6.4% |
| Sharpe ratio (3 years) | -0.15 |
Past returns do not guarantee future results.
MMIN: frequently asked questions
What does MMIN invest in?
NYLI MacKay Muni Insured ETF invests in a portfolio of securities. Its largest holdings are PUBLIC FIN AUTH WIS HOSP REV 0.01% (1.9%), CONNECTICUT ST SPL TAX OBLIG REV 4% (1.7%), Fidelity® Inv MM Fds Treasury Only I (1.5%), WEST VIRGINIA ST HOSP FIN AUTH HOSP REV 4% (1.1%), WEST CONTRA COSTA CALIF UNI SCH DIST 4% (1.0%).
What is the MMIN expense ratio?
0.29% a year: about $29.00 for every $10,000 invested.
What is the MMIN dividend yield?
4.84%. ATLAS does not hold the exact distribution dates for ETFs.
Will MMIN go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 64%, with a likely range (50%) of $23.01 to $23.53 from $23.14 today. It is a probability, not a prediction.
How has MMIN performed?
Year to date -3.7%, one year -2.5%, three years +3.3% a year, five years -0.4% a year. Past returns do not guarantee future results.
Similar ETFs: Municipal bonds
- State Street Communication Services Select Sector SPDR ETF (XLC)
- VanEck High Yield Muni ETF (HYD)
- Invesco National AMT-Free Municipal Bond ETF (PZA)
- State Street SPDR Nuveen ICE High Yield Municipal Bond ETF (HYMB)
- State Street SPDR Nuveen ICE Short Term Municipal Bond ETF (SHM)
- PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund (MUNI)
- State Street SPDR Nuveen ICE Municipal Bond ETF (TFI)
- Franklin Dynamic Municipal Bond ETF (FLMI)
Educational information, not investment advice. Disclaimer