IQ MacKay Municipal Insured ETF (MMIN)
23.88
-0.02
(-0.08%)
USD |
NYSEARCA |
Apr 26, 16:00
23.88
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% | 0.22% | 457.85M | 82222.37 |
Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
3.88% | 136.0% | 93.47M | 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: (i) 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"); and (ii) debt securities covered by an insurance policy guaranteeing the payment of principal and interest. |
General | |
Security Type | Exchange-Traded Fund |
Equity Style | -- |
Fixed Income Style | High Quality/Extensive Sensitivity |
Broad Asset Class | Municipal Bond |
Broad Category | Fixed Income |
Category Name | Muni National Long |
Category Index | Bloomberg Municipal 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 Municipal All Insured TR USD | 100.0% |
Broad Asset Class Benchmark Index | |
^BBMBTR | 100.0% |
Manager Tenure | |
David Dowden | 6.46 yrs |
John Lawlor | 6.46 yrs |
Michael Petty | 6.46 yrs |
Scott Sprauer | 6.46 yrs |
Frances Lewis | 5.59 yrs |
Michael Denlinger | 3.59 yrs |
Peter Bartlett | 3.59 yrs |
Performance Versus Category
As of April 25, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of April 25, 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: (i) 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"); and (ii) debt securities covered by an insurance policy guaranteeing the payment of principal and interest. |
General | |
Security Type | Exchange-Traded Fund |
Equity Style | -- |
Fixed Income Style | High Quality/Extensive Sensitivity |
Broad Asset Class | Municipal Bond |
Broad Category | Fixed Income |
Category Name | Muni National Long |
Category Index | Bloomberg Municipal 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 Municipal All Insured TR USD | 100.0% |
Broad Asset Class Benchmark Index | |
^BBMBTR | 100.0% |
Manager Tenure | |
David Dowden | 6.46 yrs |
John Lawlor | 6.46 yrs |
Michael Petty | 6.46 yrs |
Scott Sprauer | 6.46 yrs |
Frances Lewis | 5.59 yrs |
Michael Denlinger | 3.59 yrs |
Peter Bartlett | 3.59 yrs |