MMD ETF

MMD ETF
$13.65
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Fund Essentials - as of Jun 30, 2026

Net Assets
$478M
Expense Ratio
2.33%
Dividend Yield (Current)
4.82%
Holdings
96
Inception Date
Jun 27, 2012
Fund Family
New York Life Investments
Investment Style
PRO
Asset Class
PRO
Legal Structure
PRO
Dividend Frequency
Monthly

Performance

YTD+1.16%
1 Year+6.97%
3 Year+3.26%
5 Year-0.78%
10 Year+4.62%

Asset Allocation

Bonds: 98.90%
Cash: 1.10%
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Top Holdings

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TickerNameWeight
PR PRCGEN 4.33 07/01Puerto Rico Sales Tax Fing Corp Sales Tax Revenue3.53%
-Lee Cnty Fl Arpt Revenue Lee Co Rev 5.25% 2049-10-013.45%
-National Fin Re 6.89% 4/1/20343.28%
DE DESTRN 5 06/01/20Delaware Transportation Authority, Revenue Bonds, Us 301 Project, Series 20152.84%
PR PRC 4 07/01/2033Pr Commonwealth 4.00% 07/01/20332.78%
Top 10 Concentration: 27.40%Report Date: Jun 30, 2026
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Dividend Summary

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Dividend Yield (Current)
4.82%
Frequency
Monthly
Latest Distribution
$0.07
Sep 15, 2026
12M Distributions
12 payments
Total: $0.78

Peer Comparison

Benchmark
PRO
Peer outperformance: PRO
Category rank: PRO
This ETF
PRO
Peer Avg
PRO

MMD ETF Overview

MMD ETF (NYLIM MacKay DefinedTerm Muni Opportunities Fund) is managed by New York Life Investments with $477.8M in net assets. MMD expense ratio is 2.33%, holding 96 positions across sectors including Financials, Industrials, Utilities. Inception date: 2012-06-27.

MMD performance shows a YTD return of 1.16%. The 1-year return is 6.97% and the 5-year return is -0.78%. MMD dividend yield stands at 4.82%, paid monthly.

MMD top holdings include Puerto Rico Sales Tax Fing Corp Sales Tax Revenue (3.5%), Lee Cnty Fl Arpt Revenue Lee Co Rev 5.25% 2049-10-01 (3.5%), National Fin Re 6.89% 4/1/2034 (3.3%), Delaware Transportation Authority, Revenue Bonds, Us 301 Project, Series 2015 (2.8%), Pr Commonwealth 4.00% 07/01/2033 (2.8%). Go to all MMD holdings, MMD sectors, or MMD dividends.

MMD can be compared against other funds. Use MMD overlap to find shared positions, or MMD vs another fund for a side-by-side view. MMD alternatives are available via the screener, along with tax-loss harvesting opportunities.

1 Month
-0.39%
YTD
+1.16%
1 Year
+6.97%
3 Year
+3.26%

Top 10 Holdings (27.4% of portfolio)

#TickerNameSectorWeight
1PR PRCGEN 4.33 07/01Puerto Rico Sales Tax Fing Corp Sales Tax RevenueFinancials3.53%
2-Lee Cnty Fl Arpt Revenue Lee Co Rev 5.25% 2049-10-01Other3.45%
3-National Fin Re 6.89% 4/1/2034Other3.28%
4DE DESTRN 5 06/01/20Delaware Transportation Authority, Revenue Bonds, Us 301 Project, Series 2015Financials2.84%
5PR PRC 4 07/01/2033Pr Commonwealth 4.00% 07/01/2033Financials2.78%
6IL CHIEDU 5.75 04/01Chicago Board Of Education 5.750% 04/01/2034Financials2.61%
7OH BUCGEN 5 06/01/20Buckeye Tobacco Settlement Financing Auth Oh Ref-Senior-Class 2-Ser B-2 5.000 Jun 01 55Financials2.53%
8NY MTATRN 5.25 11/15Metropolitan Transportation AuthorityFinancials2.30%
9PR CHIGEN 5.5 05/15/Children'S Trust Fund 5.5% 05/15/2039Financials2.06%
10IL CHI 6 01/01/2038Chicago IlIndustrials2.02%