MMIT NYLIM MacKay Muni Intermediate ETF
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NYLIM MacKay Muni Intermediate ETF (MMIT) ETF
No description available.
- Exchange
- ARCX
- Inception
- 2017-10-18
- Has Options
- No
- Expense ratio
- 0.30% prospectus, filed Aug 26, 2025
- Assets
- $1.6B shares × price, Oct 20, 2026
- Trailing yield
- 3.77% paid monthly
- Average daily volume
- $28M 30 sessions
- Holdings
- 855 top 10 are 8.0%
- Listed
- Oct 18, 2017 NYSE Arca
- Last fee change
- -1 bp filed Aug 27, 2024
Moves with. Long Treasuries (26% of its variance, beta 0.15); Gold (4% of its variance, beta 0.02); US large-cap stocks (4% of its variance, beta 0.03). These factors explain 36% of its daily moves over the last year.
Stated objective. The NYLI MacKay Muni Intermediate ETF (the Fund) seeks current income exempt from federal income tax. (from the fund's prospectus)
All 855 holdingsFlow historyOverlap toolAll National Muni ETFs
- Jul 2026
- +$15M latest reported month
- Latest 3 months
- −$92M −6.3% of assets
- Latest 12 months
- +$399M +27.4% of assets
View as a table
| Month | Net flow |
|---|---|
| Jul 2026 | +$15M |
| Jun 2026 | +$11M |
| May 2026 | −$118M |
| Apr 2026 | +$98M |
| Mar 2026 | +$49M |
| Feb 2026 | +$71M |
| Jan 2026 | +$51M |
| Dec 2025 | +$55M |
| Nov 2025 | +$55M |
| Oct 2025 | +$44M |
| Sep 2025 | +$58M |
| Aug 2025 | +$11M |
Net creations and redemptions from the fund's SEC filings, which become public about 60 days after each quarter. Every month since 84 months ago
| Fund | Overlap | Fee | Assets | 1Y | |
|---|---|---|---|---|---|
| MUBiShares National Muni Bond ETF | — | 0.05% | $51.7B | −4.7% | compare |
| VTEBVanguard Tax-Exempt Bond Index Fund | — | 0.03% | $50.4B | −5.0% | compare |
| JMUBJPMorgan Municipal ETF | — | 0.18% | $8.7B | −4.9% | compare |
| CGMUCapital Group Municipal Income ETF | — | 0.27% | $7.2B | −4.0% | compare |
| PZAInvesco National AMT-Free Municipal Bond ETF | — | 0.28% | $4.1B | −8.0% | compare |
The largest other funds in the National Muni category.
- Authorized participants
- 7 active of 15 with agreements; top 3 did 67%
- Created · redeemed
- $763M · $44M over the fiscal year
- Redemptions in kind
- 0% creations 0% in kind
- Creation unit
- 50,000 shares
- Securities lending
- not authorized
From the fund's annual census filing with the SEC. In-kind redemptions are what let an ETF shed appreciated securities without realising gains.
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| 2026-09-30 | 2026-10-02 | $0.0725 | CD |
| 2026-08-31 | 2026-09-02 | $0.0741 | CD |
| 2026-07-31 | 2026-08-04 | $0.0740 | CD |
| 2026-06-30 | 2026-07-02 | $0.0712 | CD |
| 2026-05-29 | 2026-06-02 | $0.0822 | CD |
| 2026-04-30 | 2026-05-04 | $0.0725 | CD |
| Symbol | Name | Weight % | Asset Class | Country |
|---|---|---|---|---|
| — | NEW YORK (NY), CITY OF | 1.03% | Debt | US |
| — | PUERTO RICO SALES TAX FINANCING CORP | 1.00% | Debt | US |
| — | DREYFUS GOVERNMENT CASH MANAGEMENT FUNDS | 0.96% | Short-term investment | US |
| — | LOS ANGELES CALIF DEPT WTR & PWR | 0.91% | Debt | US |
| — | MINNESOTA MUNICIPAL GAS AGENCY (MN) | 0.91% | Debt | US |
| — | HUDSON YARDS INFRASTRUCTURE CORP (NY) | 0.91% | Debt | US |
| — | PENNSYLVANIA HSG FIN AGY | 0.87% | Debt | US |
| — | BLACK BELT ENERGY GAS DISTRICT (THE) (AL) | 0.63% | Debt | US |
| — | SPRINGFIELD (IL), CITY OF | 0.62% | Debt | US |
| — | CHICAGO CITY BOARD OF EDUCATION (IL) | 0.59% | Debt | US |
| — | PHOENIX CITY INDUSTRIAL DEVELOPMENT AUTHORITY (THE) (AZ) | 0.58% | Debt | US |
| — | BLACK BELT ENERGY GAS DISTRICT (THE) (AL) | 0.56% | Debt | US |
| — | PUBLIC ENERGY AUTHORITY OF KENTUCKY (KY) | 0.53% | Debt | US |
| — | MAIN STREET NATURAL GAS INC (GA) | 0.52% | Debt | US |
| — | MAIN STREET NATURAL GAS INC (GA) | 0.48% | Debt | US |
| — | NATIONAL FINANCE AUTHORITY (NH) | 0.47% | Debt | US |
| — | SOUTHERN CALIF PUB PWR AUTH | 0.46% | Debt | US |
| — | PARKER (TX), COUNTY OF | 0.46% | Debt | US |
| — | TARRANT CNTY TEX CULTURAL ED FACS FIN CORP | 0.45% | Debt | US |
| — | SOUTHEAST ENERGY AUTHORITY (AL) | 0.44% | Debt | US |
| — | ILLINOIS HSG DEV AUTH | 0.44% | Debt | US |
| — | PATRIOTS ENERGY GROUP FINANCING AGENCY (SC) | 0.43% | Debt | US |
| — | NATIONAL FIN AUTH N H | 0.42% | Debt | US |
| — | TENNESSEE ENERGY ACQUISITION CORP (TN) | 0.42% | Debt | US |
| — | BROWNSBURG COMMUNITY SCHOOL CORP (IN) | 0.42% | Debt | US |
| — | ENERGY SOUTHEAST A COOPERATIVE DISTRICT (AL) | 0.42% | Debt | US |
| — | MANSFIELD INDEPENDENT SCHOOL DISTRICT (TX) | 0.40% | Debt | US |
| — | MANSFIELD INDEPENDENT SCHOOL DISTRICT (TX) | 0.39% | Debt | US |
| — | JOBSOHIO BEVERAGE SYS OHIO | 0.39% | Debt | US |
| — | CONNECTICUT (CT), STATE OF | 0.39% | Debt | US |
| — | WASHINGTON STATE HOUSING FINANCE COMMISSION (WA) | 0.38% | Debt | US |
| — | MARICOPA CNTY ARIZ INDL DEV AUTH | 0.38% | Debt | US |
| — | MICHIGAN ST HSG DEV AUTH | 0.38% | Debt | US |
| — | NEW JERSEY HOUSING AND MORTGAGE FINANCE AGENCY (NJ) | 0.38% | Debt | US |
| — | NORTH CAROLINA HSG FIN AGY | 0.37% | Debt | US |
| — | LOS ANGELES CALIF DEPT WTR & PWR | 0.37% | Debt | US |
| — | CHICAGO ILL O HARE INTL ARPT | 0.37% | Debt | US |
| — | PUBLIC ENERGY AUTHORITY OF KENTUCKY (KY) | 0.36% | Debt | US |
| — | SOUTHERN CALIF PUB PWR AUTH | 0.36% | Debt | US |
| — | CHARLOTTE-MECKLENBURG HOSPITAL AUTHORITY (NC) | 0.36% | Debt | US |
| — | OREGON STATE DEPARTMENT OF TRANSPORTATION (OR) | 0.36% | Debt | US |
| — | MAIN STREET NATURAL GAS INC (GA) | 0.35% | Debt | US |
| — | NEW YORK LIBERTY DEVELOPMENT CORP (NY) | 0.34% | Debt | US |
| — | CHARLOTTE-MECKLENBURG HOSPITAL AUTHORITY (NC) | 0.34% | Debt | US |
| — | NEW YORK CITY MUNICIPAL WATER FINANCE AUTHORITY (NY) | 0.34% | Debt | US |
| — | NEW YORK CITY TRANSITIONAL FINANCE AUTHORITY (THE) (NY) | 0.34% | Debt | US |
| — | ATLANTA GA URBAN RESIDENTIAL FIN AUTH | 0.34% | Debt | US |
| — | NATIONAL FIN AUTH N H | 0.34% | Debt | US |
| — | NATIONAL FINANCE AUTHORITY (NH) | 0.34% | Debt | US |
| — | INDIANA FINANCE AUTHORITY (IN) | 0.34% | Debt | US |
| Category | Weight | Value | Positions |
|---|---|---|---|
| Municipal | 99.06% | $1.44B | 853 |
| Short-term investment | 0.96% | $14.0M | 1 |
| US Govt-Sponsored Entity | 0.21% | $3.1M | 1 |
| Month | '21 | '22 | '23 | '24 | '25 | '26 | Avg |
|---|---|---|---|---|---|---|---|
| Jan | 0.62% | -2.55% | 2.36% | -0.08% | 0.46% | 0.54% | 0.23% |
| Feb | -1.40% | -0.84% | -2.24% | -0.29% | 0.97% | 0.96% | -0.47% |
| Mar | 0.66% | -2.67% | 1.99% | -0.25% | -1.44% | -2.25% | -0.66% |
| Apr | 0.73% | -2.43% | -0.16% | -0.57% | -0.88% | 0.46% | -0.48% |
| May | 0.28% | 1.19% | -0.45% | -0.25% | 0.30% | 0.04% | 0.18% |
| Jun | 0.03% | -1.46% | 0.54% | 1.13% | 0.85% | 0.33% | 0.24% |
| Jul | 0.54% | 1.99% | 0.10% | 1.20% | -0.08% | -1.79% | 0.33% |
| Aug | -0.31% | -2.24% | -0.83% | 0.25% | 0.42% | -0.38% | -0.52% |
| Sep | -0.68% | -2.97% | -1.92% | 0.78% | 2.23% | -3.58% | -1.02% |
| Oct | -0.11% | -0.90% | -0.21% | -1.35% | 1.03% | 1.17%* | -0.06% |
| Nov | 0.71% | 4.44% | 3.95% | 1.31% | 0.29% | -- | 2.14% |
| Dec | -0.41% | -0.62% | 1.19% | -1.56% | 0.16% | -- | -0.25% |
| Total | 0.64% | -8.95% | 4.23% | 0.27% | 4.35% | -4.52% | -0.66% |
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
Momentum Oscillators
Volume & Volatility
Data Summary
LLM Stock Analysis Report: MMIT
Executive Summary
BULLISH/BEARISH: NEUTRAL (Confidence Level: 6/10)
Key drivers:
- Oversold RSI and Stochastic %K, indicating potential buy signal
- Positive momentum signals from MACD histogram and Williams %R
- Low volatility regime, suggesting reduced risk
Primary risks:
- Recent news headlines indicate no significant market-moving events
- Earnings information not available, making it difficult to assess future catalysts
Investment thesis: MMIT appears oversold with a positive technical setup, driven by momentum indicators. However, the lack of recent market-moving news and earnings data limits the stock's potential upside.
Recent news sentiment impact: Neutral sentiment dominates, as all recent headlines are neutral or non-market-moving.
Technical Analysis
Trend Direction:
- Short-term: BEARISH (price below SMA 20)
- Medium-term: NEUTRAL (price above SMA 50 and SMA 200)
- Long-term: BULLISH (price above SMA 200)
Support/Resistance Levels:
- Key price levels:
- Lower Bollinger Band: $23.67
- Middle Line: $23.94
- Upper Bollinger Band: $24.21
Momentum Signals:
- RSI: 21.54 (oversold)
- MACD histogram: -0.07 (bearish)
- Williams %R: -97.43 (oversold)
Volume Analysis:
- Volume SMA 20: 376824.75
- OBV: 34085198.32
- Volume Rate of Change: 166.91%
News & Sentiment Analysis
Recent Headlines Summary: Neutral sentiment dominates, with no recent market-moving news.
Sentiment Assessment: Neutral (average of all headlines)
Catalyst Identification: No significant earnings dates or product launches scheduled in the near term.
Market Narrative: The stock's technical signals are driving its price action, with no recent news headlines contradicting these signals.
Risk & Volatility Assessment
Risk Assessment:
- Beta: 0.06 (low risk)
- Alpha: -0.03
- Correlation: 0.27
- Stock Volatility: 0.03
Volatility Regime: Low volatility regime, with the stock moving less than the market.
Options Market Signals: No options data available.
Downside Protection: Support levels are in place to protect against potential downside moves.
Market Context & Positioning
Sector Performance: MMIT is performing relatively well within its sector.
Institutional Activity: Volume patterns suggest institutional interest, but no significant buying or selling pressure.
Correlation Analysis: The stock's correlation with the market is low (0.27), suggesting reduced risk.
Relative Valuation: MMIT is positioned within a trading range, with no clear upside or downside momentum.
Key Levels & Action Items
Critical Price Levels:
- Lower Bollinger Band: $23.67
- Middle Line: $23.94
- Upper Bollinger Band: $24.21
Breakout/Breakdown Levels: No significant technical levels to monitor for breakout or breakdown signals.
Time-Sensitive Catalysts: No earnings dates or product launches scheduled in the near term.
Risk Management: Stop-loss levels should be set around the Lower Bollinger Band ($23.67) to manage potential downside risk.
Conclusion: MMIT appears oversold with a positive technical setup, driven by momentum indicators. However, the lack of recent market-moving news and earnings data limits the stock's potential upside. A neutral sentiment dominates, and the stock is positioned within a trading range.
MMIT Options Activity & IV Rank
Each spread is ranked by a composite score built in three stages. Full documentation →
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Enter a ticker to scan for optimal spread opportunities.
Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Enter a ticker to render the implied volatility surface.
Enter a ticker to render the implied volatility smile.
Risk Metrics
Analysis Details
Data Points: 251
Period: 252 trading days
Low volatility - stock moves less than market
MMIT Institutional Ownership (13F)
Latest filings — 2026-09-30Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.
- Shares — long equity positions in this name, aggregated across share classes.
- Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
- % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
- Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.
Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.
| # | Filer | Notional Value | % of Total | Period |
|---|
| # | Filer | Notional Value | % of Total | Period |
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| Symbol | Name | Weight % | Price | 1 Day | 1 Week | 1 Month |
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