IQ MacKay Shields Municipal Intermediate ETF

-$0.01 (-0.04%) Today
$0.00 (0.00%) As of 9:00 PM UTC after-hours

Why Robinhood?

Robinhood gives you the tools you need to put your money in motion. You can buy or sell MMIT and other ETFs, options, and stocks.

About MMIT

MMIT 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. The listed name for MMIT is IQ MacKay Municipal Intermediate ETF.

What's in this fund

Sectors

As of January 25, 2022
Municipal Bonds98.83%
Cash and Equivalents1.17%

Top 10 Holdings (10.67% of total assets)

As of January 25, 2022
Name
Symbol
% Assets
LITTLE ROCK ARK METROCENTRE IMPT DIST NO 1 REV 0.04%
—
1.64%
CENTRAL PLAINS ENERGY PROJ NEB GAS PROJ REV 5.25%
—
1.24%
DISTRICT COLUMBIA 5%
—
1.23%
KING CNTY WASH SWR REV 0.27%
—
1.09%
MISSISSIPPI ST 4%
—
1.05%
TEXAS MUN GAS ACQUISITION & SUPPLY CORP II GAS SUPPLY REV 0.824%
—
0.91%
ILLINOIS ST 5%
—
0.91%
TEXAS ST TPK AUTH CENT TEX TPK SYS REV 0%
—
0.89%
TRINITY AREA SCH DIST PA 4%
—
0.86%
CONNECTICUT ST 5%
—
0.85%

MMIT Key Statistics

AUM
276.34M
Price-Earnings ratio
—
30-Day yield
—
Average volume
58.97K
High today
$26.18
Low today
$26.08
Open price
$26.13
Volume
85.33K
52 Week high
$27.05
52 Week low
$26.08
Expense ratio
0.58

Average Annual Return

1Y3Y5Y10YSince
Oct 18, 2017
% Price Return1.55%5.04%
—
—
4.27%
% NAV Return1.70%5.15%
—
—
4.32%
As of December 31, 2021
All investments involve risks, including the loss of principal. Performance data represents past performance and is no guarantee of future results. Investment returns and principal value will fluctuate and are subject to market volatility. Current performance may be lower or higher than the performance data quoted. Full disclosure