MMIN

Fund Description
The IQ MacKay Shields Municipal Insured ETF (MMIN) seeks current income exempt from federal income tax. The Fund principally invests in investment-grade municipal bonds covered by an insurance policy guaranteeing the payment of principal and interest, and will also seek to enhance total return potential through the subadvisor s active management approach.
Fund Profile
Fund Name IQ MacKay Shields Municipal Insured ETF
Fund Exchange Ticker MMIN
Fund Sponsor Index IQ
Fund ISIN US45409F8436
Net Expense Ratio 0.30 %
Fund Inception Date 18 October 2017
Fund Legal Structure ETF (Open end fund)
Exchange NYSE Arca
Listing Country Code US
Fund Investment Objective
ETF Type Specific Bonds - Municipal
Asset Class Bonds
Index Linked Active
Index Name Not Applicable
Index Provider Not Applicable
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Developed Market Funds
Bond Type Municipal
Credit Quality Investment Grade Only
Average Maturity Fund Holds All Maturity Ranges
Bond Currency Denomination USD
Key Statistics
Return As of Date 22 March 2019
Asset Under Management 43.36 Million (USD)
1 Month Total Return 1.15 %
Year To Date Return 2.30 %
1 Year Total Return 5.33 %
3 Year Annualized Total Return
NAV 25.5032
Share Outstanding 1,700,000
Top 10 Holdings (25 March 2019)
Constituent Name Constituent Ticker Constituent Type Weighting
DETROIT SWR REF-2ND-B BOND 0.0256133699
DEARBORN SD-REF BOND 0.0184364282
LANCASTER 5 5/1/2027 BOND 0.0166440476
OXNARD CA WTR REVENUE BOND 0.0165143713
SHREVEPORT WTR & SWR BOND 0.0164914222
HAYWARD USD-A 5 8/1/2034 BOND 0.0159440998
HOUSTON HOTEL-B-CABS BOND 0.0156660020
PALMDALE REDEV-A-REF BOND 0.0154732629
W SACRAMENTO FING BOND 0.0153228656
HARTFORD AGM REF-A BOND 0.0148836114