IQ MacKay California Mncpl Intmdt ETF (MMCA)
21.41
-0.02
(-0.12%)
USD |
NYSEARCA |
May 01, 16:00
21.41
0.00 (0.00%)
After-Hours: 19:37
Price Chart
Key Stats
| Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 0.36% | 0.07% | 25.70M | 5148.97 |
| Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| 3.71% | 98.00% | -25.88M | Upgrade |
Basic Info
| Investment Strategy | |
| The investment seeks current income exempt from federal and California income taxes. The fund, under normal circumstances, invests at least 80% of its assets (net assets plus any borrowings for investment purposes) in municipal bonds, whose interest is, in the opinion of bond counsel for the issuers at the time of issuance, exempt from federal and California income taxes. It generally will maintain a portfolio modified duration to worst of 3 to 8 years. The fund may invest up to 20% of its net assets in municipal bonds subject to the federal alternative minimum tax and municipal bonds that pay interest that is subject to federal and/or California income taxes. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | -- |
| Fixed Income Style | Medium Quality/Moderate Sensitivity |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Category Name | Muni California Intermediate |
| Category Index | Bloomberg Municipal MF CA Interm TR USD |
| Global Category Name | US Municipal Fixed Income |
| YCharts Categorization | US Municipal Bond |
| YCharts Benchmark | Bloomberg Municipal Bond (^BBMBTR) |
| Prospectus Objective | Municipal Bond - Single State |
| Fund Owner Firm Name | IndexIQ |
| Prospectus Benchmark Index | |
| Bloomberg Municipal MF CA Interm TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
| Manager Tenure | |
| John Lawlor | 2.28 yrs |
| Michael Denlinger | 2.28 yrs |
| Michael Petty | 2.28 yrs |
| Scott Sprauer | 2.28 yrs |
Performance Versus Category
As of April 30, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of April 30, 2024.
Basic Info
| Investment Strategy | |
| The investment seeks current income exempt from federal and California income taxes. The fund, under normal circumstances, invests at least 80% of its assets (net assets plus any borrowings for investment purposes) in municipal bonds, whose interest is, in the opinion of bond counsel for the issuers at the time of issuance, exempt from federal and California income taxes. It generally will maintain a portfolio modified duration to worst of 3 to 8 years. The fund may invest up to 20% of its net assets in municipal bonds subject to the federal alternative minimum tax and municipal bonds that pay interest that is subject to federal and/or California income taxes. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | -- |
| Fixed Income Style | Medium Quality/Moderate Sensitivity |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Category Name | Muni California Intermediate |
| Category Index | Bloomberg Municipal MF CA Interm TR USD |
| Global Category Name | US Municipal Fixed Income |
| YCharts Categorization | US Municipal Bond |
| YCharts Benchmark | Bloomberg Municipal Bond (^BBMBTR) |
| Prospectus Objective | Municipal Bond - Single State |
| Fund Owner Firm Name | IndexIQ |
| Prospectus Benchmark Index | |
| Bloomberg Municipal MF CA Interm TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
| Manager Tenure | |
| John Lawlor | 2.28 yrs |
| Michael Denlinger | 2.28 yrs |
| Michael Petty | 2.28 yrs |
| Scott Sprauer | 2.28 yrs |