IQ MacKay Municipal Intermediate ETF
MMIT

$24.55

0.08%

Market Cap: $723M

0

Funds holding %

of 6,710 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

67% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 6

11% more repeat investments, than reductions

Existing positions increased: 40 | Existing positions reduced: 36

4% more funds holding

Funds holding: 90 [Q1] → 94 (+4) [Q2]

0% more funds holding in top 10

Funds holding in top 10: 2 [Q1] → 2 (+0) [Q2]

8% less capital invested

Capital invested by funds: $570M [Q1] → $527M (-$43.1M) [Q2]

8.83% less ownership

Funds ownership: 87.26% [Q1] → 78.42% (-8.83%) [Q2]

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Research analyst outlook

We haven’t received any recent analyst ratings for MMIT.

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Financial journalist opinion

IndexIQ Launches 6th MacKay Shields ETF

On Friday, IndexIQ launched the actively managed IQ MacKay Securitized Income ETF (NYSE Arca:SECR), which invests in investment-grade mortgage-related and asset-backed securities. The new fund is sub-advised by members of the global fixed income team at New York Life Investment Management subsidiary MacKay Shields.

IndexIQ Launches 6th MacKay Shields ETF

Municipal CEF Sector Update: What We're Doing After A Roller Coaster Ride

We take a look at the municipal sector after a rollercoaster ride. We find that longer-duration munis remain attractive, particularly relative to corporate bonds. Separately, muni CEF discounts are wide and higher-quality bonds look best.

Municipal CEF Sector Update: What We're Doing After A Roller Coaster Ride

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