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IQ MacKay Municipal Insured ETF

MMIN

NYSE ARCA
I

IQ MacKay Municipal Insured ETF

MMIN

NYSE ARCA
$23.260.31% (+0.07)
$
₹
$23.260.31% (+0.07)
High
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—
Low
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—
Returns
—
—
1D
1W
1M
1Y
5Y
Max
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1D
1W
1M
1Y
5Y
Max

US ETF

Muni National Long

Government & Municipal Bond

Invests in muni national long segment

Key Metrics

Key Metrics

Expense Ratio
Expense Ratio

The operating and administrative costs of running the fund measured as the percentage of fund assets

0.31%
AUM
AUM

Current market value of the ETF scheme managed by the Asset Management Company

$478.27M
Beta
Beta

Sensitivity of the stock's price relative to the country's key indices over the last 5 years

1.14
Volatility (3Y)
Volatility (3Y)

The annualized standard deviation of the ETF's returns calculated over the last 3 years

6.56%
YTM
YTM

Total rate of return expected to be earned by the underlying debt when it makes all interest payments and repays the original principal

0%
YTM Category
YTM Category

Total rate of return expected to be earned by the underlying debt of the same category when it makes all interest payments and repays the original principal

4.32

ETF Profile

The fund, under normal circumstances, invests 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.
The fund, under normal circumstances, invests 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.

Peers

Peers

Invesco National AMT-Free Municipal Bond ETF
PZA
Invesco National AMT-Free Municipal Bond ETF
Exp. Ratio
0.2799%
0.2799%
—
—
YTM
4.70%
4.70%
1Y Return
1.3%
1.3%
—
—
SPDR® Nuveen Bloomberg Municipal Bond ETF
TFI
SPDR® Nuveen Bloomberg Municipal Bond ETF
Exp. Ratio
0.2299%
0.2299%
—
—
YTM
4.09%
4.09%
1Y Return
0.71%
0.71%
—
—
VCRM
VCRM
V
Exp. Ratio
12%
12%
—
—
YTM
4.59%
4.59%
1Y Return
1.06%
1.06%
—
—
iShares Long-Term National Muni Bd ETF
LMUB
I
Exp. Ratio
9%
9%
—
—
YTM
4.31%
4.31%
1Y Return
1.1%
1.1%
—
—
Invesco Taxable Municipal Bond ETF
BAB
Invesco Taxable Municipal Bond ETF
Exp. Ratio
0.2799%
0.2799%
—
—
YTM
5.43%
5.43%
1Y Return
1.29%
1.29%
—
—

Peers & Comparison

Peers & Comparison

Comparing 2 ETFs from
ETFMuni National Long
ETFTotal AUMTotal AUMExp. RatioExp. Ratio1Y Return1Y Return
IQ MacKay Municipal Insured ETF $478.27M0.31%0.89%
Invesco National AMT-Free Municipal Bond ETF$4.20B0.2799%1.30%
SPDR® Nuveen Bloomberg Municipal Bond ETF$3.02B0.2299%-0.71%

Price Comparison

Price Comparison

1 Month

1 Year

5 Years

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Top Holdings

Top Holdings

  • Name
    Holdings
  • PUBLIC FIN AUTH WIS HOSP REV 0.01%
    Holdings1.91 %
    PUBLIC FIN AUTH WIS HOSP REV 0.01%

    Holdings

    1.91 %

  • CONNECTICUT ST SPL TAX OBLIG REV 4%
    Holdings1.74 %
    CONNECTICUT ST SPL TAX OBLIG REV 4%

    Holdings

    1.74 %

  • Fidelity® Inv MM Fds Treasury Only I
    Holdings1.56 %
    Fidelity® Inv MM Fds Treasury Only I

    Holdings

    1.56 %

  • WEST VIRGINIA ST HOSP FIN AUTH HOSP REV 4%
    Holdings1.04 %
    WEST VIRGINIA ST HOSP FIN AUTH HOSP REV 4%

    Holdings

    1.04 %

  • WEST CONTRA COSTA CALIF UNI SCH DIST 4%
    Holdings0.95 %
    WEST CONTRA COSTA CALIF UNI SCH DIST 4%

    Holdings

    0.95 %

  • METROPOLITAN TRANSN AUTH N Y REV 4%
    Holdings0.92 %
    METROPOLITAN TRANSN AUTH N Y REV 4%

    Holdings

    0.92 %

  • CENTRAL FLA EXPWY AUTH SR LIENREV 4%
    Holdings0.88 %
    CENTRAL FLA EXPWY AUTH SR LIENREV 4%

    Holdings

    0.88 %

  • MEDFORD ORE HOSP FACS AUTH REV 4%
    Holdings0.82 %
    MEDFORD ORE HOSP FACS AUTH REV 4%

    Holdings

    0.82 %

  • NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 0.02%
    Holdings0.8 %
    NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 0.02%

    Holdings

    0.8 %

  • MURRAY CITY UTAH HOSP REV 0.03%
    Holdings0.78 %
    MURRAY CITY UTAH HOSP REV 0.03%

    Holdings

    0.78 %

Frequently asked questions

Frequently asked questions

  1. IQ MacKay Municipal Insured ETF (MMIN) is currently trading at $23.26. You can also track daily change, historical performance, trading volume and other key ETF details on this page.

  2. Indian investors can buy IQ MacKay Municipal Insured ETF (MMIN) by opening a US investing account through a platform that provides access to US stocks and ETFs, completing the required verification, transferring funds under the Liberalised Remittance Scheme (LRS), and placing an order in USD.

  3. Yes, Indian residents and NRIs can invest in IQ MacKay Municipal Insured ETF (MMIN) through platforms that offer access to US-listed stocks and ETFs, subject to applicable regulations, including RBI’s Liberalised Remittance Scheme (LRS) guidelines.

  4. The expense ratio of IQ MacKay Municipal Insured ETF (MMIN) is 0.31%. It represents the annual operating cost charged by the ETF provider for managing the fund and tracking its underlying index.

  5. IQ MacKay Municipal Insured ETF (MMIN)’s top holdings currently include PUBLIC FIN AUTH WIS HOSP REV 0.01%, CONNECTICUT ST SPL TAX OBLIG REV 4%, and Fidelity® Inv MM Fds Treasury Only I. The ETF’s complete holdings list, allocation and sector exposure are available in the Holdings section on this page.

  6. Many platforms offering US ETF investing allow fractional investing, enabling Indian investors to buy a portion of IQ MacKay Municipal Insured ETF (MMIN) instead of a full share. This allows investment based on a fixed dollar amount.

  7. Gains from IQ MacKay Municipal Insured ETF (MMIN) are generally taxed in India based on the applicable holding period and tax rules. Dividends may be subject to US withholding tax and Indian taxation rules. The final tax treatment depends on individual circumstances.

  8. Remittances under the Liberalised Remittance Scheme (LRS) for overseas investments, including US ETFs like IQ MacKay Municipal Insured ETF (MMIN), may attract TCS above specified thresholds. Applicable rates and limits are determined by government regulations and may change over time.

  9. IQ MacKay Municipal Insured ETF (MMIN)’s current assets under management (AUM) are $478.27M. AUM represents the total market value of assets managed by the ETF and indicates the size of the fund.

  10. You can compare IQ MacKay Municipal Insured ETF (MMIN) with Invesco National AMT-Free Municipal Bond ETF (PZA), SPDR® Nuveen Bloomberg Municipal Bond ETF (TFI), and VCRM (VCRM) based on metrics such as expense ratio, AUM, P/E ratio, holdings, liquidity and historical returns in the Peers & Comparison section.

  11. IQ MacKay Municipal Insured ETF (MMIN)’s NAV represents the per-unit value of the ETF’s underlying holdings after adjusting for expenses and liabilities. It is calculated once daily after markets close and may differ from the ETF’s live market price.

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