IQ MacKay California Municipal Intermediate ETF (MMCA)

NYSEARCA: MMCA · IEX Real-Time Price · USD
0.00 (-0.02%)
May 26, 2023, 4:00 PM EDT - Market closed
Assets $51.14M
Expense Ratio 0.36%
PE Ratio n/a
Shares Out 2.40M
Dividend (ttm) $0.66
Dividend Yield 3.09%
Ex-Dividend Date May 1, 2023
Payout Ratio n/a
1-Year Return -2.85%
Volume 127
Open 21.30
Previous Close 21.33
Day's Range 21.30 - 21.33
52-Week Low 20.58
52-Week High 22.34
Beta 0.32
Holdings 57
Inception Date Dec 21, 2021

About MMCA

Fund Home Page

The IQ MacKay California Municipal Intermediate ETF (MMCA) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that invests primarily in investment-grade, intermediate-term municipal bonds that are exempt from federal and California income taxes. MMCA was launched on Dec 21, 2021 and is managed by IndexIQ.

Asset Class Fixed Income
Category Muni California Intermediate
Region North America
Stock Exchange NYSEARCA
Ticker Symbol MMCA
Issuer IndexIQ


Ex-Dividend Amount Pay Date
May 1, 2023 $0.06094 May 5, 2023
Apr 3, 2023 $0.0627 Apr 10, 2023
Mar 1, 2023 $0.05705 Mar 7, 2023
Feb 1, 2023 $0.06367 Feb 7, 2023
Dec 29, 2022 $0.05968 Jan 6, 2023
Dec 1, 2022 $0.06328 Dec 7, 2022
Full Dividend History


Own a muni ETF? Here's what midterm elections mean for the municipal bond market, according to this investment team

U.S. midterm elections have MacKay Municipal Managers, a team of municipal bond investors at MacKay Shields, watching closely for state ballot initiatives that may lead to policy change.

7 months ago - Market Watch

IndexIQ Launches California Municipal Intermediate ETF, MMCA

On Tuesday, IndexIQ, a leading provider of innovative investment solutions, announced the launch of the IQ MacKay California Municipal Intermediate ETF (MMCA), the latest addition to the firm's fast-g...

1 year ago - ETF Trends

IndexIQ Launches IQ MacKay California Municipal Intermediate ETF

NEW YORK--(BUSINESS WIRE)--IndexIQ has launched MMCA, focused on California munis, actively managed by MacKay Municipal Managers, the municipal bond team at MacKay Shields LLC

1 year ago - Business Wire