MMIT

Fund Description
The Fund (MMIT) seeks current income exempt from federal income tax. The Fund seeks to achieve its objective by investing primarily in investment grade municipal bonds and will also seek to enhance total return potential through its subadvisor s active management approach.
Fund Profile
Fund Name IQ MacKay Shields Municipal Intermediate ETF
Fund Exchange Ticker MMIT
Fund Sponsor Index IQ
Fund ISIN US45409F8279
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 Intermediate (3-10) years
Bond Currency Denomination USD
Key Statistics
Return As of Date 17 August 2018
Asset Under Management 29.81 Million (USD)
1 Month Total Return 0.21 %
Year To Date Return -0.35 %
1 Year Total Return
3 Year Annualized Total Return
NAV 24.84
Share Outstanding 1,200,000
Top 10 Holdings (17 August 2018)
Constituent Name Constituent Ticker Constituent Type Weighting
FIDELITY TREASURY ONLY-I FSIXX EQUI 0.0968984036
NEW YORK CITY NY TRAN BOND 0.0386513895
WILL CO SD #114-REF BOND 0.0288499066
GADSDEN-B-WTS 5 8/1/2028 BOND 0.0233447725
BRIDGEPORT-A 5 11/1/2033 BOND 0.0220953527
HARTFORD AGM REF-A BOND 0.0211436955
UTAH INFRA AGY -A BOND 0.0204798066
SPOKANE WA PUBLIC FAC BOND 0.0203671865
ST CHARLES PK DT-A BOND 0.0203509139
NEW YORK ST DORM AUTH BOND 0.0201706814