MMIT

IQ MacKay Municipal Intermediate ETF
C

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*Unless otherwise stated, data provided by FactSet.

MMIT Fund Description

MMIT is actively managed to provide enhanced total-return potential by investing in investment-grade municipal bonds with maturities ranging between 3-10 years.

MMIT Factset Analytics Insight

MMIT is actively managed to provide current income, exempt from federal income tax, via investment-grade municipal bonds. The fund’s subadvisor considers macroeconomic factors such as tax rates, treasury rates, regulatory, technical factors, and other global economic data. Based on this assessment, the manager employs fundamental analysis among various sectors and states to select individual muni bonds. MMIT charges a competitive fee for active management in a fragmented and inefficient area of the bond market.

MMIT Charts And Performance

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PERFORMANCE [as of 10/14/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
MMIT 0.25% 1.76% 7.28% 11.43% -- -- --
MMIT (NAV) 0.84% 1.81% 7.57% 10.54% -- -- --
No Underlying Index -- -- -- -- -- -- --
Bloomberg Barclays AMT-Free Intermediate Continuous Municipal Index -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

MMIT Summary Data

IndexIQ
10/18/17
Open-Ended Fund
0.31%
$46.05M
$57.33K
0.11%

MMIT Portfolio Data

5.30
--
2.76%
10/01/19
116

MMIT Index Data

No Underlying Index
Proprietary
Proprietary
Bloomberg Barclays AMT-Free Intermediate Continuous Municipal Index

MMIT Portfolio Management

0.31%
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MMIT Tax Exposures

20.00% / 39.60%
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Ordinary income
No

MMIT Fund Structure

Open-Ended Fund
No
No
100% / 0%
N/A
N/A
High
Daily
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

MMIT Factset Analytics Block Liquidity

As of 10/15/19
5
4
3
2
1

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

MMIT Tradability

1,947
$57.33K
1,501
$41.38K
0.11%
$0.03
0.08%
1.47% / -1.15%
None
100.00%
50,000
0.03
0.02%
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0
$26.32
N/A

MMIT Sector/Industry Breakdown


MMIT
Segment Benchmark
69.70%
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30.30%
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MMIT Top 10 Holdings[View All]

2.15%
2.14%
1.97%
1.91%
1.88%
1.84%
1.62%
1.61%
1.60%
1.53%
18.25%

MMIT Top 5 Countries


MMIT
Segment Benchmark
100.00%
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MMIT Top 5 Currencies


MMIT
Segment Benchmark
100.00%
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MMIT Performance Statistics

0.87
0.74
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MMIT Holdings Statistics

7.46 years
5.30
2.76%
5.42
Low
116
0.75%

MMIT Avg Life Maturity Distribution

17.92%
4.36%
0.77%
15.95%
9.84%
44.54%
5.68%
0.95%
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MMIT OAS Breakdown

24.64%
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1.22%
0.66%
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