| Range: | 21.18-21.87 | Vol Avg: | 2680 | Last Div: | 0.81 | Changes: | 0.02 |
| Beta: | 0.33 | Cap: | 0.02B | Currency: | USD | Exchange: | AMEX |
| Sector: | Financial Services | IPO: | Tue Dec 21 2021 | Empoloyees: | |||
| CUSIP: | CIK: | ISIN: | US45409F7776 | Country: | US | ||
MMCA 21.62 Stock Price IQ MacKay California Municipal Intermediate ETF
The fund, under normal circumstances, invests at least 80% of its assets (net assets plus any borrowings for investment purposes) in municipal bonds, whose interest is, in the opinion of bond counsel for the issuers at the time of issuance, exempt from federal and California income taxes. It generally will maintain a portfolio modified duration to worst of 3 to 8 years. The fund may invest up to 20% of its net assets in municipal bonds subject to the federal alternative minimum tax and municipal bonds that pay interest that is subject to federal and/or California income taxes.
Stock Details
About The Monevue
The content provided on this site is for informational purposes only and does not constitute financial, investment, or professional advice. We are not registered investment advisors or financial planners, and we do not provide recommendations or advice on buying, selling, or holding any particular stocks or securities. Any investment decisions should be made based on your own research and consultation with a qualified financial professional. We are not responsible for any financial loss or damages incurred from reliance on the information provided on this site. Please invest responsibly and seek professional advice when needed.
• Powered by StackThrow