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NYSEARCA:MMCA

NYLI MacKay California Municipal Intermediate ETF (MMCA) Price, Holdings, & News

$21.52 +0.01 (+0.05%)
(As of 11/15/2024 ET)

About NYLI MacKay California Municipal Intermediate ETF (NYSEARCA:MMCA)

Key Stats

Today's Range
$21.48
$21.54
50-Day Range
$21.28
$21.82
52-Week Range
$21.07
$21.87
Volume
17,127 shs
Average Volume
4,492 shs
Market Capitalization
$25.82 million
Assets Under Management
$24.71 million
Dividend Yield
2.88%
Net Expense Ratio
0.36%
Aggregate Rating
N/A

ETF Overview

The IQ MacKay California Municipal Intermediate ETF (MMCA) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that invests primarily in investment-grade, intermediate-term municipal bonds that are exempt from federal and California income taxes. MMCA was launched on Dec 21, 2021 and is managed by IndexIQ.

NYLI MacKay California Municipal Intermediate ETF Expenses

TypeMMCABroad Municipals ETFsFixed Income ETFsNYSEARCA ETFsAll ETFs
Management Fee0.45%0.32%0.32%0.51%0.52%
Other Expenses0.25%0.57%0.26%0.57%0.53%
Total Expense0.70%0.46%0.40%0.73%0.71%
Fee Waiver-0.34%-0.31%-0.25%-0.67%-0.57%
Net Expense0.36%0.41%0.36%0.58%0.59%
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MMCA ETF News Headlines

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MMCA ETF - Frequently Asked Questions

NYLI MacKay California Municipal Intermediate ETF's stock was trading at $21.78 at the beginning of the year. Since then, MMCA stock has decreased by 1.2% and is now trading at $21.5190.
View the best growth stocks for 2024 here
.

NYLI MacKay California Municipal Intermediate ETF's top institutional investors include International Assets Investment Management LLC (29.03%), Weil Company Inc. (24.51%), HighTower Advisors LLC (3.14%) and Jane Street Group LLC (2.55%).

Shares of MMCA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that NYLI MacKay California Municipal Intermediate ETF investors own include Allied Gaming & Entertainment (AGAE), Avino Silver & Gold Mines (ASM), Avino Silver & Gold Mines (ASM), Academy Sports and Outdoors (ASO), Berkeley Energia (BKY), Global X Cloud Computing ETF (CLOU) and VelocityShares 1x Long VSTOXX Futures ETN (EVIX).

Fund Details

Issuer
New York Life Investments
Fund Name
NYLI MacKay California Municipal Intermediate ETF
Tax Classification
Regulated Investment Company
Current Symbol
NYSEARCA:MMCA
Inception Date
12/21/2021
Fund Manager
Michael Denlinger, John Lawlor, Michael Petty, Scott Sprauer
Web
N/A
Phone
N/A

Fund Focus

Asset Class
Fixed Income
Benchmark
N/A
Category
Municipals
Focus
Broad Municipals
Development Level
Developed Markets
Region
North America
Number of Holdings
50

Fund Statistics

Assets Under Management
$24.71 million
Average Daily Volume
$0.00
Discount/Premium
0.04%

Administrator, Advisor and Custodian

Administrator
The Bank of New York Mellon Corporation
Advisor
New York Life Investment Management LLC
Custodian
The Bank of New York Mellon Corporation
Distributor
ALPS Distributors, Inc.
Transfer Agent
The Bank of New York Mellon Corporation
Trustee
N/A
Lead Market Maker
Citadel

Options

Optionable
N/A
Short Interest
18,600 shs

Miscellaneous

Beta
0.06
Creation Unit
50,000
Creation Fee
$250.00
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Top 10 MMCA Holdings

  • Dreyfus Govt Cash Man Ins
    Holding Weight: 6.56%
  • GUAM GOVT BUSINESS PRIVILEGE TAX REV 5%
    Holding Weight: 5.36%
  • CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5.5%
    Holding Weight: 4.46%
  • GUAM PWR AUTH REV 5%
    Holding Weight: 4.18%
  • CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 4%
    Holding Weight: 4.08%
  • COMPTON CALIF UNI SCH DIST 5%
    Holding Weight: 3.22%
  • KERN CALIF CMNTY COLLEGE DIST 5%
    Holding Weight: 2.94%
  • CALIFORNIA ST 5.25%
    Holding Weight: 2.54%
  • NEWPORT BEACH CALIF IMPT BD ACT 1915 4.125%
    Holding Weight: 2.53%
  • GUAM GOVT BUSINESS PRIVILEGE TAX REV 5%
    Holding Weight: 2.40%

MMCA Sector Exposure

MMCA Industry Exposure


This page (NYSEARCA:MMCA) was last updated on 11/17/2024 by MarketBeat.com Staff
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