IQ MacKay Shields Municipal Intermediate ETF

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.

Index-Tracked

What's in this fund

Sectors

As of September 26, 2022

Municipal Bonds93.12%

Cash and Equivalents6.88%

Top 10 Holdings (11.28% of total assets)

As of September 26, 2022

NameSymbol% Assets

MIAMI-DADE CNTY FLA TRAN SYS SALES SURTAX REV 5%—1.54%

NEW JERSEY ST HSG & MTG FIN AGY MULTIFAMILY CONDUIT REV 3.5%—1.27%

ALAMITO PUB FACS CORP TEX MULTIFAMILY HSG REV 3.5%—1.27%

ALAMITO PUB FACS CORP TEX MULTIFAMILY HSG REV 3.5%—1.26%

PEFA INC IOWA GAS PROJ REV 5%—1.15%

DISTRICT COLUMBIA HSG FIN AGY MULTI-FAMILY HSG REV 4%—0.98%

JEFFERSON CNTY COLO SCH DIST NO R-001 4%—0.97%

METROPOLITAN GOVT NASHVILLE & DAVIDSON CNTY TENN HEALTH & EDL FACS BRD MULT—0.96%

KING CNTY WASH SWR REV 2.19%—0.95%

SACRAMENTO CALIF CITY FING AUTH REV 0%—0.93%

MMIT Key Statistics

AUM

298.77M

AUM298.77M

Price-Earnings ratio

—

Price-Earnings ratio—

30-Day yield

2.54

30-Day yield2.54

Average volume

99.55K

Average volume99.55K

High today

$23.49

High today$23.49

Low today

$23.40

Low today$23.40

Open price

$23.49

Open price$23.49

Volume

55.96K

Volume55.96K

52 Week high

$26.83

52 Week high$26.83

52 Week low

$23.40

52 Week low$23.40

Expense ratio

0.51

Expense ratio0.51

View Prospectus and Reports