The fund will, under normal circumstances, invest at least 80% of its assets (net assets plus the amount of any borrowings for investment purposes) in: (i) debt securities whose interest is, in the opinion of bond counsel for the issuer at the time of issuance, exempt from federal income tax ("Municipal Bonds"); and (ii) debt securities covered by an insurance policy guaranteeing the payment of principal and interest.
Frequently asked questions
What is the IQ MacKay Municipal Insured ETF (MMIN) expense ratio?
The IQ MacKay Municipal Insured ETF funds expense ratio is 0.31%.
What is IQ MacKay Municipal Insured ETF (MMIN) current stock price?
As of the latest data, IQ MacKay Municipal Insured ETF stock price is $23.07, with a previous close of $22.89. IQ MacKay Municipal Insured ETF gained $0.18 in the last trading session, representing a 0.79% increase.
Does IQ MacKay Municipal Insured ETF (MMIN) pay dividends?
Yes. IQ MacKay Municipal Insured ETF pays monthly dividends with an annualized yield of 4.17% and an estimated annual payout of $0.96 per share.
When is the next ex-dividend date for IQ MacKay Municipal Insured ETF (MMIN)?
The next ex-dividend date is scheduled for November 05, 2026.