BKMI ETF Analysis: BNY Mellon Municipal | NASDAQ
Muni National Interm | NASDAQ, USA | Market Cap: 1.662m USD | 12M Return: -4.3% | US05613H7044 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 4.81M
Warnings
Tailwinds
No distinct edge detected
Seasonality 0.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
BKMI is an actively managed exchange-traded fund that primarily invests in U.S. municipal bonds, allocating at least 80% of its net assets to debt instruments whose interest income is exempt from federal personal income tax. The fund maintains an intermediate-term profile, with an average effective portfolio maturity of three to ten years and an average effective duration capped at eight years, while retaining flexibility to hold individual municipal or taxable bonds of any maturity. This tax-exempt income structure is a defining feature of municipal bond funds, as the underlying securities are typically issued by state and local governments to finance public infrastructure and projects, making them appealing to investors seeking federally tax-advantaged yield.
- Fed rate cuts lift intermediate muni bond valuations
- Federal tax exemption changes threaten muni ETF demand
- State budget stress raises muni credit risk concerns
As of September 27, 2026, the stock is trading at USD 24.89 with a total of 473,536 shares traded. Over the past week, the price has changed by -2.01%, over one month by -3.90%, over three months by -4.73% and over the past year by -4.28%.
Current recommended Stop Loss: 24.70 (which is 0.8% or 1.7 ATR below the current price).
BNY Mellon Municipal has no consensus analysts rating.