MMIN IQ MacKay Municipal Insured ETF
BBgBarc Municipal Insured TR USD

NAV as of 17-May-2022

24.0676

4 Week: 24.05 - 24.92

52 Week: 24.05 - 27.93

Latest Closing Price

24.05

Premium / Discount

0

Expense Ratio

0.31%

Investment Objective

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: (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.

Main Fund Characteristics

Fund Manager:
IndexIQ
Asset Under Management:
357,134,023
Launch Date:
17/10/2017
Asset Class:
Fixed Income
Replication Method:
Not Applicable
Number of Holdings:
512
Trading Currency:
USD
Style:
Long Term Medium Quality
Region/Sector/Strategy:
N.A / Municipal / Intermediate Term
Exchange:
NYSE

Performance

Period Performance Returns(%) Volatility(%) Risk Adjusted Performance
YTD-12.610.22-57.68
1 Day-0.410.000.00
1 Week-1.070.51-2.08
1 Month-4.370.99-4.42
3 Months-9.191.86-4.94
6 Months-12.422.34-5.30
1 Year-12.452.77-4.49
2 Years-9.693.67-2.64
3 Years-6.8412.08-0.57
5 Years0.000.000.00
10 Years0.000.000.00

Price History

-

Annual Performance Return

2012201320142015201620172018201920202021
Price (%) 0.00000.00000.00000.00000.00000.00001.69728.05757.44661.7071
Nav (%) 0.00000.00000.00000.00000.00000.00000.00000.00000.00000.0000
Rank 0.00000.00000.00000.00000.00000.00006.000014.00002.000039.0000

Dividend Frequency

Lastest Dividend

Ex Date Payment Date Dividend Payout per unit
N.A

Portfolio Data

Total Number of Holdings: 512

Number of Bond Holdings: 500

Number of Equity Holdings: 0

Total Market Value: 357,134,023

Portfolio Composition

Top 10 Holdings

% Portfolio Weight Shares Owned Shares Changed Market Value
1JEFFERSON DAVIS PARISH LA SCH DIST NO 2 4%2.45431,665,00001,911,037
2COOK CNTY ILL SCH DIST NO 111 STICKNEY 5%1.76361,165,00001,373,232
3OYSTER BAY N Y 3%1.61861,190,00001,260,270
4PIMA CNTY ARIZ UN SCH DIST NO 20 VAIL 4%1.61411,235,00001,256,822
5METROPOLITAN TRANSN AUTH N Y REV 4%1.42681,000,00001,110,970
6WARRIOR RIVER ALA WTR AUTH WTR REV 4%1.42571,000,00001,110,060
7DETROIT MICH SEW DISP REV 5.5%1.42061,000,00001,106,160
8NAPA VY CALIF UNI SCH DIST 4%1.40991,000,00001,097,780
9NORTH DAKOTA ST BRD HIGHER ED HSG & AUXILIARY FACS1.3247855,00001,031,412
10SUSANVILLE CALIF NAT GAS REV 4%1.2581875,0000979,606

Country Exposure

Regional Exposure

America

Greater Europe

Greater Asia

Market Classification

Market Capitalization

Size% of portfolio
N.A

Equity Style Box Breakdown

000Large
000Mid
000Small
ValueBlendGrowth

Value Measures

Price/Prospective Earnings*

0.0000

Price/Book*

0.0000

Price/Sales*

0.0000

Price/Cash Flow*

0.0000

Dividend Yield*

0.0000

Growth Measures

Long-Term Earnings

0.0000

Historical Earnings

0.0000

Sales Growth

0.0000

Cash-Flow Growth

0.0000

Book-Value Growth

0.0000

*Forward-looking based on historical data.

Equity Sector

Number of Bond Holdings

500

Bond Statitics

DetailValue
Average Effective Duration7.84
Average Effective Maturity (Years)*13.56
Average Credit Quality5.00
Average Weighted Coupon*4.23
Average Weighted Price*99.91

Bond Style Box Breakdown

000HighQuality
000Med
000Low
LtdModExt
Interest-Rate Sensitivity

Credit Quality

Type% Bonds
AAA1.01
AA89.59
A5.52
BBB3.88
BB0.00
B0.00
Below B0.00
Not Rated0.00

Bond Sector

Type
% Bonds

Bond Maturity

% Bonds
1 to 3 Years8.83
3 to 5 Years7.64
5 to 7 Years4.67
7 to 10 Years4.39
10 to 15 Years14.07
15 to 20 Years23.83
20 to 30 Years23.65
Over 30 Years2.68
1 to 7 Days0.00
8 to 30 Days0.00
31 to 90 Days0.00
91 to 182 Days0.50
183 to 364 Days1.46

Data Source: Morningstar

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