IQ MacKay Municipal Intermediate ETF (MMIT)

NYSEARCA: MMIT · IEX Real-Time Price · USD
24.05
+0.14 (0.59%)
Jun 4, 2024, 4:00 PM EDT - Market closed
0.59%
Assets $658.98M
Expense Ratio 0.31%
PE Ratio n/a
Shares Out 27.50M
Dividend (ttm) $0.89
Dividend Yield 3.71%
Ex-Dividend Date Jun 3, 2024
Payout Ratio n/a
1-Year Return -0.87%
Volume 129,584
Open 23.95
Previous Close 23.91
Day's Range 23.95 - 24.05
52-Week Low 23.21
52-Week High 24.71
Beta 0.09
Holdings 544
Inception Date Oct 18, 2017

About MMIT

Fund Home Page

The IQ MacKay Municipal Intermediate ETF (MMIT) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed to provide enhanced total-return potential by investing mainly in investment-grade, AMT-free US municipal bonds with duration between 3-10 years. MMIT was launched on Oct 18, 2017 and is issued by IndexIQ.

Asset Class Fixed Income
Category Muni National Interm
Region North America
Stock Exchange NYSEARCA
Ticker Symbol MMIT
ETF Provider IndexIQ

Dividends

Ex-Dividend Amount Pay Date
Jun 3, 2024 $0.0793 Jun 6, 2024
May 1, 2024 $0.07666 May 7, 2024
Apr 1, 2024 $0.07847 Apr 5, 2024
Mar 1, 2024 $0.07408 Mar 7, 2024
Feb 1, 2024 $0.07794 Feb 7, 2024
Dec 28, 2023 $0.07539 Jan 5, 2024
Full Dividend History

News

IndexIQ Launches 6th MacKay Shields ETF

On Friday, IndexIQ launched the actively managed IQ MacKay Securitized Income ETF (NYSE Arca:SECR), which invests in investment-grade mortgage-related and asset-backed securities. The new fund is sub-...

4 days ago - ETF Trends

Own a muni ETF? Here's what midterm elections mean for the municipal bond market, according to this investment team

U.S. midterm elections have MacKay Municipal Managers, a team of municipal bond investors at MacKay Shields, watching closely for state ballot initiatives that may lead to policy change.

Other symbols: MMCAMMINMUBVTEB
1 year ago - Market Watch