MPIM ETF — m+ Income Momentum Autocall ETF

m+ Income Momentum Autocall ETF (MPIM)

Updated October 16, 2026.

MPIM is an ETF that tracks the S&P U.S. Equity Momentum 40% VT 4% Decrement Autocall Index (USD) ER. its trailing-12-month yield is 1.88%, its expense ratio is 0.70%. Dividend Vision Distribution Safety Score™ is 50/100 (Unproven). Total return is -4.9% over the past 0.2 years, 3.9 points behind SPY at -1.0%.

m+ Income Momentum Autocall ETF is an actively managed ETF that seeks high monthly income while attempting to reduce downside risk by investing primarily in total return swaps providing exposure to a synthetic autocallable index based on US equity momentum futures. The fund aims to deliver monthly distributions, though coupons are contingent and suspended when the reference index falls below a specified barrier; the latest distribution was special and may not recur. The fund carries an expense ratio of 0.70% and holds a modest asset base.

MPIM performance versus SPY

Price and return data through 2026-10-16.

Total return is -4.9% over the past 0.2 years, 3.9 points behind SPY at -1.0%.

MPIM key facts

Distribution Safety Score™

50 · Unproven

Issuer

Alaia Capital

Asset type

ETF

Asset class

Equity

Inception date

08/12/2026

Expense ratio

0.70%

Distribution frequency

Monthly

Trailing yield

1.88%

Last close

$23.40 (as of 2026-10-16)

AUM

$21,297,768

Average volume

120064.0

Dividend

$0.441

Ex-dividend date

09/21/2026

Payment date

09/25/2026

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (1.88%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Alaia Capital or company page; Prospectus; Index: S&P U.S. Equity Momentum 40% VT 4% Decrement Autocall Index (USD) ER; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

MPIM risks and drawbacks

Total return has trailed SPY over the available window.

Who may consider MPIM — and who may not

It is a weaker fit for investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on MPIM

• All tickers starting with M

Tagged: Active, Autocallable.

Frequently asked questions

More securities from Alaia Capital.