LMUB vs MMMA
iShares Long-Term National Muni Bd ETF compared with NYLI MacKay Muni Allocation ETF on yield, payout growth, payment schedule, cost and risk.
LMUB
iShares Long-Term National Muni Bd ETF
TTM yield · Monthly
MMMA
NYLI MacKay Muni Allocation ETF
TTM yield · Monthly
Quick take
- MMMA yields more today: 4.22% vs 4.12% (forward).
- Both pay every month.
- LMUB is cheaper to own: 0.09% vs 0.35% expense ratio.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | LMUB | MMMA |
|---|---|---|
| Share price | $47.23 | $24.28 |
| TTM yield | 4.12% | 3.52% |
| Forward yield | 4.12% | 4.22% |
| Annual payout per share | $1.944 | $1.0248 |
| Payment frequency | Monthly | Monthly |
| Next ex-date | Oct 31, 2026 (est.) | Oct 30, 2026 (est.) |
| Expense ratio | 0.09% | 0.35% |
| 1-year payout growth | — | — |
| 5-year payout CAGR | — | — |
| Consecutive years of increases | 0 years | 0 years |
| Payout consistency (last 12) | 85/100 | 83/100 |
| 1-year total return | -1.6% | — |
| 1-year price return | -5.5% | — |
| Size (market cap / AUM) | 1.5B | 28.5M |
| Years paying | 1.5 | 0.8 |
| Sector / category | Muni National Long | Muni National Long |
✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).
$10,000 invested today
| LMUB | MMMA | |
|---|---|---|
| Shares | 211.7 | 411.8 |
| Income per year | $412 | $422 |
| Income per month (avg) | $34 | $35 |
At forward yields, before taxes. Model LMUB · Model MMMA
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| LMUB Oct 31, 2026 | Nov 14, 2026 | $0.162 | Est. |
| LMUB Nov 30, 2026 | Dec 14, 2026 | $0.162 | Est. |
| LMUB Dec 30, 2026 | Jan 13, 2027 | $0.162 | Est. |
| MMMA Oct 30, 2026 | Nov 13, 2026 | $0.0854 | Est. |
| MMMA Nov 29, 2026 | Dec 13, 2026 | $0.0854 | Est. |
| MMMA Dec 29, 2026 | Jan 12, 2027 | $0.0854 | Est. |
Annual payouts per share
LMUBMMMA
Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.
FAQ
Which has the higher dividend yield, LMUB or MMMA?
LMUB currently has the higher trailing yield: LMUB yields 4.12% and MMMA yields 3.52%. Yield changes daily with price, so check the live figures above.
How often do LMUB and MMMA pay?
LMUB pays every month and MMMA pays every month. LMUB's next ex-date is Oct 31, 2026 and MMMA's is Oct 30, 2026.
Is LMUB or MMMA better for income?
It depends on what you are optimising for. LMUB and MMMA differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.