NYSEARCA:MMIN

IQ MacKay Municipal Insured ETF (MMIN) Price, Holdings, & News

$23.95
-0.02 (-0.08%)
(As of 04/24/2024 ET)
Today's Range
$23.91
$23.97
50-Day Range
$23.83
$24.46
52-Week Range
$22.33
$25.09
Volume
41,311 shs
Average Volume
85,727 shs
Market Capitalization
$452.57 million
Assets Under Management
$459.95 million
Dividend Yield
2.92%
Net Expense Ratio
0.31%
MMIN stock logo

About IQ MacKay Municipal Insured ETF (NYSEARCA:MMIN)

The IQ MacKay Municipal Insured ETF (MMIN) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed US municipal bond fund for insured, investment-grade securities of varying maturities. MMIN was launched on Oct 18, 2017 and is managed by IndexIQ.

MMIN Stock Price History

MMIN ETF News Headlines

IQ MacKay Municipal Insured ETF (MMIN)
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See More Headlines
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Fund Details

Issuer
IndexIQ
Fund Name
IQ MacKay Municipal Insured ETF
Tax Classification
Regulated Investment Company
Current Symbol
NYSEARCA:MMIN
Inception Date
10/18/2017
Fund Manager
John Loffredo, Robert DiMella, Michael Petty, David Dowden, Scott Sprauer, John Lawlor
Web
N/A
Phone
N/A

Fund Focus

Asset Class
Fixed Income
Benchmark
N/A
Category
Municipals
Focus
Investment Grade
Development Level
Developed Markets
Region
North America
Number of Holdings
307

Fund Statistics

Assets Under Management
$459.79 million
Average Daily Volume
$83,993.30
Discount/Premium
0.03%

Administrator, Advisor and Custodian

Administrator
The Bank of New York Mellon Corporation
Advisor
IndexIQ Advisors LLC
Custodian
The Bank of New York Mellon Corporation
Distributor
ALPS Distributors, Inc.
Transfer Agent
The Bank of New York Mellon Corporation
Trustee
N/A
Lead Market Maker
GTS

Options

Optionable
N/A
Short Interest
15,400 shs

Miscellaneous

Beta
0.13
Creation Unit
50,000
Creation Fee
$500.00
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IQ MacKay Municipal Insured ETF Expenses

TypeMMINInvestment Grade ETFsFixed Income ETFsNYSEARCA ETFsAll ETFs
Management Fee0.40%0.22%0.32%0.50%0.51%
Other Expenses0.12%0.12%0.27%0.64%0.58%
Total Expense0.52%0.25%0.40%0.74%0.70%
Fee Waiver-0.21%-0.15%-0.24%-0.68%-0.57%
Net Expense0.31%0.22%0.35%0.57%0.58%

IQ MacKay Municipal Insured ETF (MMIN) Holdings & Exposure

Top 10 MMIN Holdings

  • Dreyfus Tax Exempt Cash
    Holding Weight: 1.61%
  • ANAHEIM CALIF PUB FING AUTH LEASE REV 0%
    Holding Weight: 1.19%
  • SAN MATEO CALIF SPL TAX 5.25%
    Holding Weight: 1.11%
  • TEXAS ST TECHNICAL COLLEGE SYS FING SYS REV 5.5%
    Holding Weight: 1.00%
  • CHICAGO ILL TRAN AUTH SALES TAX RCPTS REV 4%
    Holding Weight: 0.95%
  • JOLIET ILL 5.5%
    Holding Weight: 0.92%
  • WILL CNTY ILL SCH DIST NO 114 MANHATTAN 5.5%
    Holding Weight: 0.92%
  • GRAND JUNCTION COLO JT SWR SYS REV 4%
    Holding Weight: 0.90%
  • METROPOLITAN TRANSN AUTH N Y REV 5%
    Holding Weight: 0.90%
  • PENNSYLVANIA ECONOMIC DEV FING AUTH PRIVATE ACTIVITY REV 5.5%
    Holding Weight: 0.90%

MMIN Sector Exposure

MMIN Industry Exposure


MMIN ETF - Frequently Asked Questions

How have MMIN shares performed in 2024?

IQ MacKay Municipal Insured ETF's stock was trading at $24.56 on January 1st, 2024. Since then, MMIN shares have decreased by 2.5% and is now trading at $23.9453.
View the best growth stocks for 2024 here
.

How often does IQ MacKay Municipal Insured ETF pay dividends? What is the dividend yield for IQ MacKay Municipal Insured ETF?

IQ MacKay Municipal Insured ETF announced a dividend on Tuesday, February 6th. Stockholders of record on Tuesday, April 2nd will be given a dividend of $0.0808 per share on Friday, April 5th. The ex-dividend date of this dividend is Monday, April 1st. This is a boost from the stock's previous dividend of $0.08.
Read our dividend analysis for MMIN
.

What does MMIN invest in?

IQ MacKay Municipal Insured ETF is a fixed income fund issued by IndexIQ. MMIN focuses on investment grade investments. The fund's investments total to approximately $459.95 million assets under management.

What is the management fee for IQ MacKay Municipal Insured ETF?

IQ MacKay Municipal Insured ETF's management fee is 0.40% and has other expenses of 0.12%. However, MMIN has a fee waiver of -0.21% to reimburse the expenses. The net expense ratio for MMIN is 0.31%.

How do I buy shares of IQ MacKay Municipal Insured ETF?

Shares of MMIN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSEARCA:MMIN) was last updated on 4/24/2024 by MarketBeat.com Staff

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