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IQ MacKay Municipal Intermediate ETF (MMIT)

$24.32

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Key data on MMIT

AUM

$1.25B

P/E ratio

--

Dividend yield

3.2595%

Expense ratio

0.3%

Beta

0.233956

Price on MMIT

Previous close

$24.32

Today's open

$24.29

Day's range

$24.29 - $24.37

52 week range

$22.99 - $24.50

Profile about MMIT

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Headquarters

US

Exchange

NYSE Arca

Issue type

Exchange-Traded Fund

MMIT industries and sectors

Bonds

Domestic

Municipal

Top holdings in MMIT
News on MMIT

ETF 360: John Lawlor Unpacks the State of Munis

On the latest ETF 360, Kirsten Chang spoke to John Lawlor, managing director, portfolio manager/trader from MacKay Shields about the state of munis. Additionally, they discussed the NYLI MacKay Muni Intermediate ETF (MMIT).

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ETF Trends • Aug 21, 2025

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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-advised by members of the global fixed income team at New York Life Investment Management subsidiary MacKay Shields.

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ETF Trends • May 31, 2024

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Municipal CEF Sector Update: What We're Doing After A Roller Coaster Ride

We take a look at the municipal sector after a rollercoaster ride. We find that longer-duration munis remain attractive, particularly relative to corporate bonds. Separately, muni CEF discounts are wide and higher-quality bonds look best.

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Seeking Alpha • Mar 15, 2024

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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.

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Market Watch • Nov 8, 2022

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There's Value to Be Had in Municipal Bonds

Municipal bonds are participating in the 2022 fixed income market tale of woe, but broad-based municipal muni bond benchmarks are outperforming aggregate bond counterparts and some experts see opportunity in municipal debt.

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ETF Trends • Sep 27, 2022

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Muni Investors Stay Flexible As Rates Rise

Truly active managers shine in challenging investment environments, especially when they are given a flexible mandate. With tax-loss harvesting, active investors can deliberately sell at a loss to offset taxes on gains elsewhere in a portfolio.

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Seeking Alpha • Nov 9, 2021

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The Upheaval in Municipal Bonds Shows No Signs of Slowing

As the municipal bond market absorbs more inflows. assets like the IQ MacKay Municipal Intermediate ETF (MMIT) are worth considering.

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ETF Trends • Jun 18, 2021

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Are We Entering a ‘New Golden Decade' for Municipal Bonds?

With higher yields and more stability to offer fixed income investors, municipal bonds are all the rage in the debt market. A pair of active funds to consider are the IQ MacKay Municipal Intermediate ETF (MMIT) and the IQ MacKay Municipal Insured ETF (MMIN).

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ETF Trends • May 13, 2021

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Active Muni Bond ETFs Can Help Enhance an Investor’s Portfolio

The coronavirus pandemic triggered widespread market volatility, but it also offered an opportunity for active managers to position in attractively priced areas of the market. Fixed-income investors can also turn to actively managed municipal bond exchange traded fund strategies that are better equipped to adapt to changing market conditions.

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ETF Trends • Jul 16, 2020

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ETF of the Week: IQ MacKay Shields Municipal Intermediate (MMIT)

ETF Trends CEO Tom Lydon discussed the IQ MacKay Shields Municipal Intermediate (MMIT) on this week’s “ETF of the Week” podcast with Chuck Jaffe on the MoneyLife Show. MMIT seeks current income exempt from federal income tax.

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ETF Trends • Apr 9, 2020

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