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 17 July 2019
Asset Under Management 48.27 Million (USD)
1 Month Total Return 0.88 %
Year To Date Return 5.78 %
1 Year Total Return 7.72 %
3 Year Annualized Total Return
NAV 26.0916
Share Outstanding 1,850,000
Top 10 Holdings (17 July 2019)
Constituent Name Constituent Ticker Constituent Type Weighting
FIDELITY INV TRSRY ONLY-I FSIXX MUTU 0.0969955855
DETROIT SWR REF-2ND-B BOND 0.0231495350
DEARBORN SD-REF BOND 0.0171013254
PROVIDENCE RI PUBLIC BOND 0.0164010246
PORT NEW ORLEANS-B BOND 0.0161515113
OXNARD CA WTR REVENUE BOND 0.0153605758
SHREVEPORT WTR & SWR BOND 0.0152403868
DIXON UNIFIED SD BOND 0.0147015312
HAYWARD USD-A 5 8/1/2034 BOND 0.0146964539
PALMDALE REDEV-A-REF BOND 0.0141747939