IQ MacKay Municipal Intermediate ETF (MMIT)
24.18
-0.04
(-0.19%)
USD |
NYSEARCA |
May 17, 16:00
24.18
0.00 (0.00%)
After-Hours: 20:00
Price Chart
Key Stats
Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
---|---|---|---|
0.31% | 0.09% | 661.81M | 92313.10 |
Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
3.66% | 64.00% | 240.91M | Upgrade |
Basic Info
Investment Strategy | |
The investment seeks current income exempt from federal income tax. The fund, under normal circumstances, invests at least 80% of its assets (net assets plus borrowings for investment purposes) in debt securities whose interest is, in the opinion of bond counsel for the issuer at the time of issuance, exempt from federal income tax ("Municipal Bonds"). It does not intend to invest in Municipal Bonds whose interest is subject to the federal alternative minimum tax. |
General | |
Security Type | Exchange-Traded Fund |
Equity Style | -- |
Fixed Income Style | High Quality/Moderate Sensitivity |
Broad Asset Class | Municipal Bond |
Broad Category | Fixed Income |
Category Name | Muni National Interm |
Category Index | Bloomberg Municipal 1-15 Yr TR USD |
Global Category Name | US Municipal Fixed Income |
YCharts Categorization | US Municipal Bond |
YCharts Benchmark | Bloomberg Municipal Bond (^BBMBTR) |
Prospectus Objective | Municipal Bond - National |
Fund Owner Firm Name | IndexIQ |
Prospectus Benchmark Index | |
Bloomberg Muni 1-15Y Blend(1-17) TR USD | 100.0% |
Broad Asset Class Benchmark Index | |
^BBMBTR | 100.0% |
Manager Tenure | |
David Dowden | 6.54 yrs |
John Lawlor | 6.54 yrs |
Michael Petty | 6.54 yrs |
Scott Sprauer | 6.54 yrs |
Frances Lewis | 5.68 yrs |
Michael Denlinger | 3.68 yrs |
Peter Bartlett | 3.68 yrs |
Performance Versus Category
As of May 16, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of May 16, 2024.
Basic Info
Investment Strategy | |
The investment seeks current income exempt from federal income tax. The fund, under normal circumstances, invests at least 80% of its assets (net assets plus borrowings for investment purposes) in debt securities whose interest is, in the opinion of bond counsel for the issuer at the time of issuance, exempt from federal income tax ("Municipal Bonds"). It does not intend to invest in Municipal Bonds whose interest is subject to the federal alternative minimum tax. |
General | |
Security Type | Exchange-Traded Fund |
Equity Style | -- |
Fixed Income Style | High Quality/Moderate Sensitivity |
Broad Asset Class | Municipal Bond |
Broad Category | Fixed Income |
Category Name | Muni National Interm |
Category Index | Bloomberg Municipal 1-15 Yr TR USD |
Global Category Name | US Municipal Fixed Income |
YCharts Categorization | US Municipal Bond |
YCharts Benchmark | Bloomberg Municipal Bond (^BBMBTR) |
Prospectus Objective | Municipal Bond - National |
Fund Owner Firm Name | IndexIQ |
Prospectus Benchmark Index | |
Bloomberg Muni 1-15Y Blend(1-17) TR USD | 100.0% |
Broad Asset Class Benchmark Index | |
^BBMBTR | 100.0% |
Manager Tenure | |
David Dowden | 6.54 yrs |
John Lawlor | 6.54 yrs |
Michael Petty | 6.54 yrs |
Scott Sprauer | 6.54 yrs |
Frances Lewis | 5.68 yrs |
Michael Denlinger | 3.68 yrs |
Peter Bartlett | 3.68 yrs |