New ETF launches2 new ETFs hit the market · Sep 24
- LCIVLogan Capital International ETFequity0.99%
- MMHINYLIM MacKay Muni High Income ETFfixed-income0.34%
NYLIM MacKay's new high-income muni fund undercuts today's other launch by a wide margin at 0.34% net, versus 0.99% for Logan Capital's international equity ETF. Cheap tax-exempt yield keeps drawing issuers into an already crowded muni shelf.