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IQ MacKay Municipal Intermediate ETF(MMIT)

Description: The investment seeks current income exempt from federal income tax. The fund is an actively managed ETF and thus does not seek to replicate the performance of a specific index. Instead, it uses an active management strategy to meet its investment objective. 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.


Keywords: Exchange Traded Fund Bond Government Municipal Bond Revenue Bond

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MMIT Technical Analysis

Exchange: NYSE ARCA

Country: US : United States of America

Currency: US Dollar ($)

Category: Muni National Interm

Asset Allocation
Asset Class Long % Short % Net Assets
Bond 99.05 0.00 99.05
Cash 0.95 0.00 0.95
Sector Weights
Sector Equity % Relative to Category
World Regions
Region Equity % Relative to Category
North America 0.00 99.89
United Kingdom 0.00 0.04
Europe Developed 0.00 0.07
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