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IQ MacKay Municipal Intermediate ETF: (MMIT)

(Delayed Data from NYSE) As of May 8, 2024 02:19 PM ET

$24.21 USD

24.205
38,832

-0.02 (-0.06%)

Volume: 38,832

Zacks ETF Rank

This is our ETF rating system that serves as a timeliness indicator for ETFs over the next 6 months:

Zacks Rank Definition
1 Strong Buy
2 Buy
3 Hold
4 Sell
5 Strong Sell

See all the Top Ranked ETFs here - The complete list of all the top ranked ETFs

NA

ETF Quote Details

Previous Close 24.22
Open 24.22
Bid 24.20
Ask 24.21
Day Low-High 24.19-24.22
52wk Low-High 23.21-24.71
Volume 38,832
NAV (month end) 24.08
Premium (+)/Discount (-) (month end)+0.14

Zacks Premium Research for MMIT

Zacks ETF Rank

This is our ETF rating system that serves as a timeliness indicator for ETFs over the next 6 months:

Zacks Rank Definition
1 Strong Buy
2 Buy
3 Hold
4 Sell
5 Strong Sell

See all the Top Ranked ETFs here - The complete list of all the top ranked ETFs

 NA
ETF Risk

Zacks proprietary quantitative models divide each set of ETFs following a similar investment strategy (style box/industry/asset class) into three risk categories- High, Medium, and Low. The aim of our models is to select the best ETFs within each risk category, so that investors can pick an ETF that matches their particular risk preference in order to better achieve their investment goals.

NA

ETF Expense Ratio

Expense Ratio 0.31%
Dividend (Yield) $0.88 (3.65%)
Issuer NEW YORK LIFE INVESTMENTS

Benchmark for MMIT

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This ETF is active and does not track a benchmark.

Fund Summary for MMIT

IQ MACKAY MUNICIPAL INTERMEDIATE ETF

The IQ MacKay Municipal Intermediate ETF seeks current income exempt from federal income tax by investing primarily in investment grade municipal bonds and it also seeks to enhance total return potential through active management approach.