Back to top
more

IQ MacKay Municipal Insured ETF: (MMIN)

(Real Time Quote from BATS) As of May 21, 2024 01:04 PM ET

$24.04 USD

24.04
17,960

-0.02 (-0.08%)

Volume: 17,960

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 24.06
Open 24.10
Bid 24.03
Ask 24.04
Day Low-High 24.03-24.10
52wk Low-High 22.33-25.09
Volume 17,960
NAV (month end) 23.88
Premium (+)/Discount (-) (month end)+0.18

Zacks Premium Research for MMIN

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) $0.93 (3.86%)
Issuer NEW YORK LIFE INVESTMENTS

Benchmark for MMIN

----------------------------------------

This ETF is active and does not track a benchmark.

Fund Summary for MMIN

IQ MACKAY MUNICIPAL INSURED ETF

The IQ MacKay Municipal Insured ETF seeks current income exempt from federal income tax by investing 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 active management approach.