MMHI ETF — NYLIM MacKay Muni High Income ETF

NYLIM MacKay Muni High Income ETF (MMHI)

Updated October 23, 2026.

MMHI is an ETF. Its expense ratio is 0.34%.

NYLIM MacKay Muni High Income ETF is an actively managed fund that invests at least 80% of its assets in municipal bonds, emphasizing higher-yielding securities to generate tax-exempt income for federal tax purposes. The fund carries a low expense ratio of 0.34% and maintains a modest asset base. It may appeal to tax-conscious income investors seeking municipal bond exposure, particularly those in higher tax brackets seeking to minimize their tax liability on investment income.

MMHI performance

Returns are updating. MMHI's total return appears here after the next nightly update.

MMHI key facts

Issuer

New York Life Investments

Asset type

ETF

Asset class

Fixed Income

Inception date

10/01/2026

Expense ratio

0.34%

Last close

$25.78 (as of 2026-10-23)

AUM

$25,000,000

Average volume

3,200

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) has no calculation basis on file. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: New York Life Investments or company page; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

More on MMHI

• All tickers starting with M

Tagged: Active, Bonds, Fixed Income, Municipal, Tax Efficient, Credit.

Frequently asked questions

More securities from New York Life Investments.