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 18 January 2019
Asset Under Management 23.82 Million (USD)
1 Month Total Return 0.98 %
Year To Date Return 0.30 %
1 Year Total Return 2.27 %
3 Year Annualized Total Return
NAV 25.0735
Share Outstanding 950,000
Top 10 Holdings (18 January 2019)
Constituent Name Constituent Ticker Constituent Type Weighting
FIDELITY TREASURY ONLY-I BOND 0.1397253342
SHREVEPORT WTR & SWR BOND 0.0293392494
W SACRAMENTO FING BOND 0.0271152120
HARTFORD AGM REF-A BOND 0.0266830080
NORTH CAROLINA ST TUR BOND 0.0256575183
BNC MET DIST #1 BOND 0.0254658851
IA FIN AUTH-F-VAR BOND 0.0251867156
ERIE SWR AUTH-B-REF BOND 0.0249733169
LUZERNE IDA-GTD 5 12/15/2026 BOND 0.0248330626
RAMPART RANGE MET BOND 0.0243311228