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Key Stats

Net Expense Ratio Discount or Premium to NAV Total Assets Under Management 30-Day Average Daily Volume
0.30% -0.01% 367.02M 63197.17
Weighted Average Dividend Yield Turnover Ratio (Generic) 1 Year Fund Level Flows Max Drawdown (Since Inception)
-- 25.00% -139.48M Upgrade

Basic Info

Investment Strategy
The Fund seeks current income exempt from federal income tax. The Fund invests at least 80% of its assets in: (I) debt securities whose interest is exempt from federal Income tax (Municipal Bonds); and (ii) debt securities covered by an insurance policy guaranteeing the payment of principal and interest.
General
Security Type Exchange-Traded Fund
Equity Style --
Broad Asset Class Municipal Bond
Broad Category Fixed Income
Global Peer Group Bond USD Municipal
Peer Group General & Insured Municipal Debt Funds
Global Macro Bond HC
US Macro National Municipal Debt Funds
YCharts Categorization --
YCharts Benchmark --
Prospectus Objective General & Insured Municipal Debt Funds
Fund Owner Firm Name New York Life Investments
Broad Asset Class Benchmark Index
^BBMBTR 100.0%

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Performance Versus Peer Group

 
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Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (Price)
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Total Return (NAV)
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Peer Group Rtn. (NAV)
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% Rank in Peer Group (NAV)
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Annual Total Returns Versus Peers

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Name
2019
2020
2021
2022
2023
2024
2025
YTD
8.08%
7.47%
1.35%
-11.20%
7.45%
0.92%
4.65%
0.50%
7.54%
5.21%
1.52%
-8.53%
6.40%
1.05%
4.25%
0.75%
10.16%
6.55%
2.28%
-16.60%
11.18%
1.45%
0.58%
1.00%
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0.41%
2.96%
2.07%
-1.80%
-12.86%
3.95%
-1.01%
0.81%
0.45%
As of January 13, 2026.

Asset Allocation

As of December 31, 2025.
Type % Net
Cash 1.72%
Stock 0.00%
Bond 98.32%
Convertible 0.00%
Preferred 0.00%
Other -0.03%
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Basic Info

Investment Strategy
The Fund seeks current income exempt from federal income tax. The Fund invests at least 80% of its assets in: (I) debt securities whose interest is exempt from federal Income tax (Municipal Bonds); and (ii) debt securities covered by an insurance policy guaranteeing the payment of principal and interest.
General
Security Type Exchange-Traded Fund
Equity Style --
Broad Asset Class Municipal Bond
Broad Category Fixed Income
Global Peer Group Bond USD Municipal
Peer Group General & Insured Municipal Debt Funds
Global Macro Bond HC
US Macro National Municipal Debt Funds
YCharts Categorization --
YCharts Benchmark --
Prospectus Objective General & Insured Municipal Debt Funds
Fund Owner Firm Name New York Life Investments
Broad Asset Class Benchmark Index
^BBMBTR 100.0%

View Basic Info
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