MMIT IQ MacKay Municipal Intermediate ETF
Bloomberg Muni 1-15Y Blend(1-17) TR USD

NAV as of 18-May-2022

24.0462

4 Week: 24.06 - 24.54

52 Week: 24.06 - 27.03

Latest Closing Price

24.06

Premium / Discount

-0.04

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 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.

Main Fund Characteristics

Fund Manager:
IndexIQ
Asset Under Management:
227,973,131
Launch Date:
17/10/2017
Asset Class:
Fixed Income
Replication Method:
Not Applicable
Number of Holdings:
399
Trading Currency:
USD
Style:
Intermediate Term Medium Quality
Region/Sector/Strategy:
N.A / Municipal / Intermediate Term
Exchange:
NYSE

Performance

Period Performance Returns(%) Volatility(%) Risk Adjusted Performance
YTD-9.750.18-54.42
1 Day0.000.000.00
1 Week-0.540.37-1.44
1 Month-1.960.62-3.18
3 Months-6.741.52-4.43
6 Months-9.921.98-5.01
1 Year-10.242.36-4.34
2 Years-6.633.26-2.04
3 Years-6.719.33-0.72
5 Years0.000.000.00
10 Years0.000.000.00

Price History

-

Annual Performance Return

2012201320142015201620172018201920202021
Price (%) 0.00000.00000.00000.00000.00000.00002.06007.97805.87281.6982
Nav (%) 0.00000.00000.00000.00000.00000.00000.00000.00000.00000.0000
Rank 0.00000.00000.00000.00000.00000.00006.000015.000011.000039.0000

Dividend Frequency

Lastest Dividend

Ex Date Payment Date Dividend Payout per unit
N.A

Portfolio Data

Total Number of Holdings: 399

Number of Bond Holdings: 383

Number of Equity Holdings: 0

Total Market Value: 227,973,131

Portfolio Composition

Top 10 Holdings

% Portfolio Weight Shares Owned Shares Changed Market Value
1NEW JERSEY ST TPK AUTH TPK REV 1.95%2.20211,000,00001,007,330
2WILL CNTY ILL SCH DIST NO 114 MANHATTAN 3.5%1.9457840,0000890,022
3NORTH LAS VEGAS NEV 5%1.9093800,0000873,384
4ILLINOIS ST 5%1.8510750,0000846,698
5NEW BRITAIN CONN 5.25%1.6369600,0000748,776
6OXNARD CALIF WTR REV 5%1.6299600,0000745,560
7PORT NEW ORLEANS LA BRD COMMRSPORT FAC REV 5%1.6166620,0000739,474
8BRIDGEPORT CONN 5%1.5489600,0000708,522
9PITTSBURGH PA WTR & SWR AUTH WTR & SWR SYS REV 5%1.5175550,0000694,182
10ARIZONA INDL DEV AUTH NATL CHARTER SCH REVOLVING L1.4753550,0000674,872

Country Exposure

Regional Exposure

America

Greater Europe

Greater Asia

Market Classification

Market Capitalization

Size% of portfolio
Giant0.00
Large0.00
Medium0.00
Small3.25
Micro0.00

Equity Style Box Breakdown

000Large
000Mid
000Small
ValueBlendGrowth

Value Measures

Price/Prospective Earnings*

7.6947

Price/Book*

1.0827

Price/Sales*

2.0786

Price/Cash Flow*

3.2912

Dividend Yield*

0.9470

Growth Measures

Long-Term Earnings

0.0000

Historical Earnings

-1.7920

Sales Growth

15.1219

Cash-Flow Growth

0.0000

Book-Value Growth

19.5075

*Forward-looking based on historical data.

Equity Sector

Number of Bond Holdings

383

Bond Statitics

DetailValue
Average Effective Duration5.25
Average Effective Maturity (Years)*8.28
Average Credit Quality6.00
Average Weighted Coupon*4.19
Average Weighted Price*101.81

Bond Style Box Breakdown

000HighQuality
000Med
000Low
LtdModExt
Interest-Rate Sensitivity

Credit Quality

Type% Bonds
AAA5.01
AA63.22
A19.10
BBB12.59
BB0.00
B0.00
Below B0.00
Not Rated0.09

Bond Sector

Type
% Bonds

Bond Maturity

% Bonds
1 to 3 Years11.52
3 to 5 Years7.45
5 to 7 Years7.41
7 to 10 Years11.52
10 to 15 Years29.74
15 to 20 Years15.15
20 to 30 Years3.55
Over 30 Years1.86
1 to 7 Days0.00
8 to 30 Days0.00
31 to 90 Days0.00
91 to 182 Days1.04
183 to 364 Days2.48

Data Source: Morningstar

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