MMHI ETF Price & Analysis

The NYLIM MacKay Muni High Income ETF (MMHI) is a municipal bond ETF designed to provide a high level of current income that is generally exempt from regular federal income tax. Classified in the Government, Local Authority/Municipal category, the fund focuses on higher-yielding municipal securities issued by states, municipalities, and other public authorities. Its broad-maturity approach spans short-, intermediate-, and long-term bonds, seeking to balance income potential across the municipal bond market while offering diversified exposure to tax-advantaged income. Because the strategy emphasizes high-yield municipal debt, it may provide greater income potential than traditional municipal bond funds but also carries additional credit and market risks.