IQ MacKay Municipal Intermediate ETF company info

What does IQ MacKay Municipal Intermediate ETF do?
IQ MacKay Municipal Intermediate ETF (NYSEACRA:MMIT) is focused on providing its investors with exposure to the intermediate segment of the U.S. municipal bond market. With a strategy that seeks to balance risk and return while aiming for tax-exempt income, the fund invests in a diversified portfolio of municipal bonds. These bonds are typically issued by states, cities, or local government entities to finance various public projects like schools, highways, and healthcare facilities. Through these investments, the fund aims to offer shareholders a steady stream of income that is exempt from federal income taxes. As a critical part of its objectives, IQ MacKay Municipal Intermediate ETF is committed to maintaining a portfolio that reflects the fund’s emphasis on credit research and active management to navigate the complexities of the municipal bond market.
IQ MacKay Municipal Intermediate ETF company media
Company Snapshot

Is IQ MacKay Municipal Intermediate ETF a public or private company?

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Ownership
Public

How many people does IQ MacKay Municipal Intermediate ETF employ?

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Employees
819

What sector is IQ MacKay Municipal Intermediate ETF in?

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Sector
ETF

Where is the head office for IQ MacKay Municipal Intermediate ETF?

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Head Office
New York, United States

What year was IQ MacKay Municipal Intermediate ETF founded?

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Year Founded
2017
What does IQ MacKay Municipal Intermediate ETF specialise in?
/Municipal Bonds /Tax Exempt /Income Generation /Intermediate Duration /Investment Diversification /ETF Services

What are the products and/or services of IQ MacKay Municipal Intermediate ETF?

Overview of IQ MacKay Municipal Intermediate ETF offerings
Tax-Exempt Income: Provides investors with income that is exempt from federal income taxes through investment in intermediate-duration municipal bonds.
Portfolio Diversification: Enhances portfolio diversification by incorporating municipal bonds with varying maturities and credit qualities.
Active Management: Actively managed by experienced professionals to navigate interest rate changes and credit risks, aiming to optimize returns.
Credit Research: Utilizes in-depth credit research to select bonds with favorable risk-reward characteristics, focusing on high-quality issuers.
Interest Rate Sensitivity: Aims to manage interest rate sensitivity by carefully selecting bonds within the intermediate duration range, balancing income and volatility.
Liquidity: Offers liquidity to investors seeking access to the municipal bond market without the need to directly purchase and sell individual bonds.