IQ MacKay Municipal Intermediate ETF Price & Performance (MMIT)

Recent 13F filings reveal that institutional investors, including Pallas Capital Advisors, have reduced their positions in the NYLI MacKay Muni Intermediate ETF (MMIT). This shift comes amid the fund’s neutral outlook across near, mid, and long-term horizons, and modest year-to-date performance, highlighting cautious sentiment in municipal bond ETFs.12

The NYLI MacKay Muni Insured ETF (MMIN) continues to deliver a monthly distribution, with a 30-day SEC yield of 3.57% and a tax-equivalent yield of 6.03%. Its active management approach and focus on insured municipal bonds support its appeal for investors seeking federally tax-exempt income.34

Municipal Income Opportunities Closed-End Portfolio, Series 108, maintains a diversified allocation across leading municipal bond funds, aiming for monthly tax-exempt income. Investors are reminded that direct investment in underlying funds may avoid additional fees, but the trust offers a streamlined approach for broad municipal bond exposure.5