Nylim Mackay Muni High Income ETF (MMHI) closed at $25.89 on October 26, 2026, up 0.4% from the previous close, on volume of 27,338 shares (30-day average 47,624).
Data as of October 26, 2026.
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New York Life Investment Management Launches NYLIM MacKay Muni High Income ETF
Business Wire (Thu, 1-Oct 9:00 AM ET)
The Fund will invest at least 80% of its assets in municipal debt securities issued by or on behalf of a government entity or other qualifying entity/issuer that pays interest that is, in the opinion of bond counsel to the issuers, generally excludable from gross income for federal income tax purposes (except that the interest may be includable in taxable income for purposes of the federal alternative minimum tax) ("Municipal Bonds"). To the extent that the Fund utilizes derivatives that provide exposure to these investments or to one or more market risk factors associated with these investments, such derivatives will be counted towards the Fund's 80% investment policy. The Fund may invest in Municipal Bonds in any rating category or in unrated Municipal Bonds. Although the Fund may invest in Municipal Bonds in any rating category, the Fund typically invests at least 60% of its net assets in medium-to low-quality Municipal Bonds that are rated BBB+ or Baa1 or below by at least one nationally recognized statistical rating organization ("NRSRO") or if unrated, judged to be of comparable quality by MacKay Shields LLC ("MacKay Shields" or "Subadvisor"). Securities rated BB+ or Ba1 or below are commonly referred to as "high yield securities" or "junk bonds".
Nylim Mackay Muni High Income ETF trades on the ARCA stock market under the symbol MMHI.
As of October 27, 2026, MMHI stock price was flat at $25.89 with 3 million shares trading.
MMHI has a market cap of $41.43 million. This is considered a Sub-Micro Cap stock.
MMHI support price is $25.71 and resistance is $26.07 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that MMHI shares will trade within this expected range on the day.