Search for an ETF or holding
NYLI MacKay Muni Short Duration ETF
MMSD (NYLI MacKay Muni Short Duration ETF) is an index Short Term Fixed Income ETF by NYLI. With a 0.25% MER, it provides diversified exposure. Monthly distribution with a 3.78% yield.
MMSD by NYLI is a passively managed index ETF that tracks a broad market index. This approach keeps management fees low while providing wide diversification.
Its 0.25% MER makes it one of the most cost-effective options in its category. It pays a monthly distribution with a 3.78% yield, making it attractive for income-seeking investors.
This ETF is suited for investors seeking stability and capital preservation. It can serve as a defensive component in a diversified portfolio or as a temporary cash parking option.