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 19 October 2018
Asset Under Management 29.35 Million (USD)
1 Month Total Return 0.00 %
Year To Date Return -0.11 %
1 Year Total Return 0.47 %
3 Year Annualized Total Return
NAV 24.4602
Share Outstanding 1,200,000
Top 10 Holdings (19 October 2018)
Constituent Name Constituent Ticker Constituent Type Weighting
FIDELITY TREASURY ONLY-I BOND 0.0496910273
NEW YORK CITY NY TRAN BOND 0.0382677829
WILL CO SD #114-REF BOND 0.0289317598
GADSDEN-B-WTS 5 8/1/2028 BOND 0.0231431437
MATTESON IL 5 12/1/2029 BOND 0.0227366946
BRIDGEPORT-A 5 11/1/2033 BOND 0.0218885070
HARTFORD AGM REF-A BOND 0.0210868609
UTAH INFRA AGY -A BOND 0.0206295179
ST CHARLES PK DT-A BOND 0.0205259797
SPOKANE WA PUBLIC FAC BOND 0.0201638855