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 0.31 %
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 27 February 2020
Asset Under Management 92.10 Million (USD)
1 Month Total Return 1.71 %
Year To Date Return 3.39 %
1 Year Total Return 10.29 %
3 Year Annualized Total Return
NAV 27.0889
Share Outstanding 3,400,000
Top 10 Holdings (27 February 2020)
Constituent Name Constituent Ticker Constituent Type Weighting
FIDELITY INV TRSRY ONLY-I FSIXX MUTU 0.0265924207
JEFFERSON DAVIS PSH BOND 0.0215667884
PHENIX BOE WARRANTS BOND 0.0191576288
COOK CO SD #111-A-SCH 5 12/1/2034 BOND 0.0159656128
SALES TAX SECURITIZAT BOND 0.0141161076
OYSTER BAY-B 3 2/1/2024 BOND 0.0138378277
PIMA USD #20-REF-IMPT BOND 0.0135422954
LASALLE ETC HSD #120 4 12/1/2037 BOND 0.0128013859
MIAMI FL PKG SYS REV BOND 0.0127655654
MET TRANSPRTN AUTH -C BOND 0.0127531910