NYLI MacKay Muni Short Duration ETF

An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.

MMSD trades at 25.39 USD today, its price has risen 0.04% in the past 24 hours. Track more dynamics on MMSD price chart.

MMSD net asset value is 25.39 today — it's risen 0.48% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.

MMSD assets under management is ‪57.09 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.

MMSD price has risen by 0.04% over the last month, and its yearly performance shows a 1.40% increase. See more dynamics on MMSD price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.48% over the last month, showed a 0.79% increase in three-month performance and has increased by 0.04% in a year.

MMSD fund flows account for ‪31.76 M‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.

Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.

MMSD expense ratio is 0.25%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.

No, MMSD isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.

Yes, MMSD pays dividends to its holders with the dividend yield of 3.31%.

MMSD trades at a premium (0.01%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.

MMSD shares are issued by New York Life Insurance Co.

MMSD follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.

The fund started trading on May 6, 2025.