IQ MacKay Municipal Intermediate ETFMMIT
MMIT
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
45% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 31
30% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 10
3% more funds holding
Funds holding: 95 [Q2] → 98 (+3) [Q3]
4% less capital invested
Capital invested by funds: $598M [Q2] → $572M (-$26.1M) [Q3]
10.47% less ownership
Funds ownership: 88.93% [Q2] → 78.46% (-10.47%) [Q3]
33% less funds holding in top 10
Funds holding in top 10: 3 [Q2] → 2 (-1) [Q3]
Research analyst outlook
We haven’t received any recent analyst ratings for MMIT.
Financial journalist opinion
Positive
ETF Trends
6 months ago
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.
Neutral
Seeking Alpha
9 months ago
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.
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