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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% 0.14% 360.09M 54957.80
Weighted Average Dividend Yield Turnover Ratio (Generic) 1 Year Fund Level Flows Max Drawdown (Since Inception)
-- 25.00% -159.28M 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
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

 
20%
15%
10%
5%
0
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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
2018
2019
2020
2021
2022
2023
2024
YTD
1.96%
8.08%
7.47%
1.35%
-11.20%
7.45%
0.92%
4.38%
1.28%
7.54%
5.21%
1.52%
-8.53%
6.40%
1.05%
4.05%
-0.56%
10.16%
6.55%
2.28%
-16.60%
11.18%
1.45%
1.19%
--
7.86%
5.41%
-0.12%
-8.33%
7.17%
1.52%
3.01%
As of December 12, 2025.

Asset Allocation

As of November 30, 2025.
Type % Net
Cash 0.68%
Stock 0.00%
Bond 99.01%
Convertible 0.00%
Preferred 0.00%
Other 0.31%
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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
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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