MMIN

IQ MacKay Municipal Insured ETF

Bloomberg Municipal All Insured TR USD

NAV as of 29-Sep-2023

22.8482

4 Week: 22.83 - 23.58

52 Week: 22.57 - 24.70

Latest Closing Price

22.85

Premium / Discount

0.01

Expense Ratio

0.31%

Investment Objective

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.

Main Fund Characteristics

Fund Manager:
IndexIQ
Asset Under Management:
396,138,174
Launch Date:
17/10/2017
Asset Class:
Fixed Income
Replication Method:
Not Applicable
Number of Holdings:
301
Trading Currency:
USD
Style:
Long Term High Quality
Region/Sector/Strategy:
N.A / Municipal / Long Term
Exchange:
NYSE

Performance

Period Performance Returns(%) Volatility(%) Risk Adjusted Performance
YTD-3.790.33-11.64
1 Day0.110.000.00
1 Week-1.721.02-1.69
1 Month-3.341.64-2.04
3 Months-5.522.55-2.16
6 Months-5.983.46-1.73
1 Year-0.315.60-0.05
2 Years-16.777.26-2.31
3 Years-16.157.57-2.13
5 Years-7.5313.97-0.54
10 Years0.000.000.00

Price History

-

Annual Performance Return

2013201420152016201720182019202020212022
Price (%) 0.00000.00000.00000.00000.00001.69728.05757.44661.7071-11.0971
Nav (%) 0.00000.00000.00000.00000.00000.00000.00000.00000.00000.0000
Rank 0.00000.00000.00000.00000.00006.000014.00002.000039.000047.0000

Dividend Frequency

Lastest Dividend

Ex Date Payment Date Dividend Payout per unit
N.A

Portfolio Data

Total Number of Holdings: 301

Number of Bond Holdings: 300

Number of Equity Holdings: 0

Total Market Value: 396,138,174

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

300

Bond Statitics

DetailValue
Average Effective Duration8.44
Average Effective Maturity (Years)*15.74
Average Credit Quality4.00
Average Weighted Coupon*4.79
Average Weighted Price*97.23

Bond Style Box Breakdown

000HighQuality
000Med
000Low
LtdModExt
Interest-Rate Sensitivity

Credit Quality

Type% Bonds
AAA5.32
AA85.68
A7.31
BBB1.68
BB0.00
B0.00
Below B0.00
Not Rated0.01

Bond Sector

Type
% Bonds

Bond Maturity

% Bonds
1 to 3 Years7.69
3 to 5 Years4.92
5 to 7 Years4.47
7 to 10 Years4.64
10 to 15 Years10.88
15 to 20 Years29.67
20 to 30 Years32.94
Over 30 Years0.89
1 to 7 Days0.00
8 to 30 Days0.00
31 to 90 Days0.00
91 to 182 Days1.01
183 to 364 Days0.86

Data Source: Morningstar

© 2019 Morningstar. All Rights Reserved. The information, data, analyses and opinions (“Information”) contained herein:

(1) include the proprietary information of Morningstar and Morningstar’s third party licensors;
(2) may not be copied or redistributed except as specifically authorised;
(3) do not constitute investment advice;
(4) are provided solely for informational purposes;
(5) are not warranted to be complete, accurate or timely; and
(6) may be drawn from fund data published on various dates.

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