| Fund Description |
| The Fund (MMIT) seeks current income exempt from federal income tax. The Fund seeks to achieve its objective by investing primarily in investment grade municipal bonds and will also seek to enhance total return potential through its subadvisor s active management approach. |
| Fund Profile |
| Fund Name |
IQ MacKay Shields Municipal Intermediate ETF |
| Fund Exchange Ticker |
MMIT |
| Fund Sponsor |
Index IQ |
| Fund ISIN |
US45409F8279 |
| Net Expense Ratio |
0.31 % |
| Fund Inception Date |
18 October 2017 |
| Fund Legal Structure |
ETF (Open end fund) |
| Exchange |
NYSE Arca |
| Listing Country Code |
US |
| Fund Investment Objective |
| ETF Type Specific |
Bonds - Municipal |
| Asset Class |
Bonds |
| Index Linked |
Active |
| Index Name |
Not Applicable |
| Index Provider |
Not Applicable |
| Currency Hedged |
No |
| Inverse / Leveraged |
Not Applicable |
| Developed / Emerging |
Developed Market Funds |
| Bond Type |
Municipal |
| Credit Quality |
Investment Grade Only |
| Average Maturity |
Intermediate (3-10) years |
| Bond Currency Denomination |
USD |
| Key Statistics |
| Return As of Date |
28 June 2022 |
| Asset Under Management |
263.27 Million (USD) |
| 1 Month Total Return |
-1.91 % |
| Year To Date Return |
-8.78 % |
| 1 Year Total Return |
-8.90 % |
| 3 Year Annualized Total Return |
-0.02 % |
| NAV |
24.1533 |
| Share Outstanding |
10,900,000 |