MMIN

IQ MacKay Municipal Insured ETF
*Unless otherwise stated, data provided by FactSet.

MMIN Fund Description

MMIN is an actively managed US municipal bond fund for insured, investment-grade securities of varying maturities.

MMIN Factset Analytics Insight

MMIN offers an active management perspective on the US investment-grade municipal bond space. The portfolio includes bonds of varying maturities (dollar-weighted average duration of 3-15 years), issued by at least 15 different states and encompassing at least 10 sectors, with no more than 30% of the securities from a single state. The fund selects bonds covered by an insurance policy, which guarantees principal and interest payments but lowers yield, and debt securities whose interest is exempt from federal Income tax. Investments are based on an assessment of macro factors that could include ESG criteria. An investment strategy is developed to position the fund among various sectors of the municipal bond market in different states. A fundamental, bottom-up credit research analysis is employed to finally select individual bonds.

PERFORMANCE [as of 10/18/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
MMIN -0.90% -1.34% 0.17% 2.63% 6.21% -- --
MMIN (NAV) -0.95% -1.48% 0.39% 2.74% 6.20% -- --
No Underlying Index -- -- -- -- -- -- --
Barclays Municipal Bond -0.79% -1.05% 0.70% 2.85% 5.28% 3.45% 3.93%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

MMIN Summary Data

New York Life
IndexIQ
10/18/17
Open-Ended Fund
0.31%
$488.49M
$2.31M
0.08%

MMIN Portfolio Data

6.55
--
1.80%
N/A
624

MMIN Index Data

No Underlying Index
Proprietary
Proprietary
Barclays Municipal Bond

MMIN Portfolio Management

0.31%
--
--
--

MMIN Tax Exposures

20.00% / 39.60%
--
Ordinary income
No

MMIN Fund Structure

Open-Ended Fund
No
No
-- / --
N/A
N/A
Low
Daily

MMIN Factset Analytics Block Liquidity

As of 10/19/21
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of MMIN. MMIN is rated a N/A out of 5.

MMIN Tradability

83,607
$2.31M
62,620
$1.73M
0.08%
$0.02
0.07%
0.34% / -0.28%
None
100.00%
50,000
1.25
0.02%
--
0
$27.36
N/A

MMIN Sector/Industry Breakdown


MMIN
Segment Benchmark
59.78%
--
32.99%
--
7.23%
--

MMIN Top 10 Holdings[View All]

1.73%
1.56%
1.54%
1.14%
1.14%
1.12%
0.93%
0.88%
0.81%
0.80%
11.65%

MMIN Top 5 Countries


MMIN
Segment Benchmark
100.00%
--

MMIN Top 5 Currencies


MMIN
Segment Benchmark
100.00%
--

MMIN Performance Statistics

0.91
1.14
--
--
--

MMIN Holdings Statistics

7.32 years
6.55
1.80%
6.55
Low
624
0.55%

MMIN Avg Life Maturity Distribution

11.05%
2.99%
4.96%
12.15%
13.24%
46.86%
1.26%
2.96%
4.54%

MMIN OAS Breakdown

96.40%
3.27%
0.33%
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--
--
--
--
--
--
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