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IQ MacKay Municipal Intermediate ETF

Ticker: MMIT ISIN: US45409F8279
Add to portfolio Portfolio analysis in 2min
ETF
Morningstar
★★★★
TER
0.31%
Fund size
$740.46M
Top 10
11.0%
Issuer
New York Life
Duration
5.4y
Avg. maturity
10.9y
$23.93 -0.13%
Price as of 2026-08-28 · NYSE ARCA

Performance by timeframe

Rolling returns
1 Month -0.07%
6 Months -1.69%
1 Year +3.86%
5 Years +0.88% p.a.+4.46%
10 Years +2.22% p.a.+24.59%
Since inception +2.51% p.a.+24.59%
Calendar year returns
YTD +0.46%
2025 +5.03%
2024 +1.47%
2023 +5.42%
2022 -7.40%
2021 +1.55%

Key stats

AUM
740.46M
Expense ratio
0.31%
1Y return
3.86%
Volatility (1Y)
2.59%
52-week range
23.32 - 24.52
Section 1

Fund overview

Fund profile data from fundamentals.

The fund, under normal circumstances, invests at least 80% of its assets (net assets plus borrowings for investment purposes) in debt securities whose interest is, in the opinion of bond counsel for the issuer at the time of issuance, exempt from federal income tax (Municipal Bonds). It does not intend to invest in Municipal Bonds whose interest is subject to the federal alternative minimum tax.

Category Muni National Interm
Issuer New York Life
Domicile USA
Section 2

Exposure breakdown

Exposure breakdown shows how the fund is allocated across assets, sectors, regions, and size buckets.

Asset allocation

Bond
98.99%
Cash
1.01%

Fixed income

Price
103.94%
EffectiveMaturity
10.89%
EffectiveDuration
5.40%
Coupon
4.71%
Section 3

Top holdings

Top holdings show which underlying securities drive the fund most.

CENTRAL PLAINS ENERGY PROJ NEB GAS PROJ REV 5.25%
1.93%
Fidelity® Inv MM Fds Treasury Only I
1.17%
ILLINOIS FIN AUTH REV 5%
1.10%
MISSOURI ST HEALTH & EDL FACS AUTH EDL FACS REV 0.03%
1.04%
CONNECTICUT ST SPL TAX OBLIG REV 4%
1.01%
BUTLER CNTY PA GEN AUTH REV 0.04%
0.98%
BLACK BELT ENERGY GAS DIST ALA GAS SUPPLY REV 4%
0.98%
ILLINOIS DEV FIN AUTH REV 0.04%
0.95%
BEXAR CNTY TEX 5%
0.93%
MICHIGAN ST UNIV REVS 0.04%
0.91%
Section 4

Performance & risk

Historical return and risk indicators over fixed windows.

Returns

YTD return 2.71%
1M return -0.07%
6M return -1.69%
1Y return 3.86%
3Y return 14.00%
5Y return 4.46%
10Y return 0.00%

Risk

Volatility (1Y) 2.59%
Volatility (3Y) 6.25%
Sharpe ratio (3Y) 0.00
Beta 0.81
52-week range 23.32 - 24.52
Section 5

Portfolio characteristics

Fund concentration and composition metrics from source fields.

Overview

Top 10 weight 11.00%
Expense ratio 0.31%
Fund size 740.46M
Turnover 64.00%

Details

Instrument metadata and source update timestamps.

Symbol MMIT
Name IQ MacKay Municipal Intermediate ETF
Asset type ETF
Exchange NYSE ARCA
Currency USD
ISIN US45409F8279
Country USA
Code + exchange MMIT.NYSE ARCA
Last price date 2024-11-29
Fundamentals updated 2024-11-30

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