IQ MacKay California Municipal Intermediate ETF (MMCA) Price & Chart
MMCA ETF Chart & Stats
- Day’s Range
- $21.11 - $21.17
- 52-Week Range
- $20.37 - $22.26
- Previous Close
- $21.08
- Volume
- 99.65K
- Average Volume (3M)
- 64.70K
- AUM
- 101.33M
- NAV
- 21.11
- Expense Ratio
- 0.36%
- Holdings Count
- 0
- Beta
- 0.02
- Inception Date
- Dec 21, 2021
- Last Dividend Ex-Date
- Oct 30, 2026
- Dividend Yield
- (3.35%)
- Shares Outstanding
- 4,800,000
- Standard Deviation
- N/A
ETF Overview
IQ MacKay California Municipal Intermediate ETF
The IQ MacKay California Municipal Intermediate ETF (Ticker: MMCA) is a dynamic investment vehicle designed to provide investors with targeted exposure to California's municipal bond market. This ETF is strategically positioned within the Government, Local Authority/Municipal category and is distinctly focused on the Investment Grade spectrum, ensuring a commitment to high-quality credit profiles. Catering to investors seeking stability and tax efficiency, MMCA delves into the Intermediate niche, balancing the potential for attractive returns with moderate interest rate risk. By concentrating on municipal bonds from California, the fund offers the dual benefit of supporting essential infrastructure projects within the state while providing federally tax-exempt income. The ETF is expertly managed by MacKay Shields, leveraging their deep expertise in municipal bonds to curate a portfolio that promises resilient performance. With its focus on investment-grade securities, the IQ MacKay California Municipal Intermediate ETF stands as an excellent choice for investors looking to fortify their portfolios with reliable, tax-advantaged income streams.