MMIN ETF Price & Analysis
MMIN ETF Chart & Stats
- Day’s Range
- $22.62 - $22.77
- 52-Week Range
- $22.11 - $24.44
- Previous Close
- $22.70
- Volume
- 1.62M
- Average Volume (3M)
- 201.34K
- AUM
- 494.54M
- NAV
- 22.69
- Expense Ratio
- 0.30%
- Holdings Count
- 0
- Beta
- -0.00
- Inception Date
- Oct 18, 2017
- Last Dividend Ex-Date
- Sep 30, 2026
- Dividend Yield
- (4.24%)
- Shares Outstanding
- 21,650,000
- Standard Deviation
- N/A
ETF Overview
IQ MacKay Municipal Insured ETF
The IQ MacKay Municipal Insured ETF (Ticker: MMIN) offers investors a strategic avenue to access the realm of municipal bonds, focusing specifically on the investment-grade segment. This fund is expertly designed for those seeking a blend of stability and tax-efficient income, stemming from its focus on government-issued, local authority, and municipal securities. Positioned within the Government, Local Authority/Municipal category, MMIN stands out by concentrating on investment-grade bonds, ensuring a high credit quality in its holdings. What makes MMIN particularly compelling is its broad maturities niche. This approach allows investors to gain exposure across a wide spectrum of maturity dates, balancing short-term liquidity needs with long-term growth potential. By investing in insured municipal bonds, MMIN provides an added layer of security, appealing to risk-averse investors looking for reliable income streams. The ETF is managed by seasoned professionals who employ rigorous credit analysis and market insights to optimize the bond selection process. This ensures that the fund not only aligns with its investment-grade mandate but also adapts to changing market conditions. For investors seeking a solid foundation in municipal bonds with the dual advantage of credit quality and maturity diversification, the IQ MacKay Municipal Insured ETF offers a robust and strategic investment solution.