| Range: | 23.55-25.09 | Vol Avg: | 74796 | Last Div: | 0.95 | Changes: | -0.03 |
| Beta: | 1.19 | Cap: | 0.51B | Currency: | USD | Exchange: | AMEX |
| Sector: | Financial Services | IPO: | Wed Oct 18 2017 | Empoloyees: | |||
| CUSIP: | CIK: | 0001426439 | ISIN: | US45409F8436 | Country: | US | |
MMIN 24.19 Stock Price IQ MacKay Municipal Insured ETF
The fund is an actively managed ETF and thus does not seek to replicate the performance of a specific index. Instead, it uses an active management strategy to meet its investment objective. The fund, under normal circumstances, invests at least 80% of its assets (net assets plus 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.
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