IQ MacKay Municipal Insured ETF (MMIN)

NYSEARCA: MMIN · IEX Real-Time Price · USD
-0.07 (-0.29%)
Jun 2, 2023, 3:59 PM EDT - Market closed
Assets $360.59M
Expense Ratio 0.30%
PE Ratio n/a
Shares Out 15.00M
Dividend (ttm) $0.83
Dividend Yield 3.46%
Ex-Dividend Date Jun 1, 2023
Payout Ratio n/a
1-Year Return -3.49%
Volume 51,355
Open 24.02
Previous Close 24.07
Day's Range 23.98 - 24.05
52-Week Low 22.53
52-Week High 25.04
Beta 0.13
Holdings 280
Inception Date Oct 18, 2017

About MMIN

Fund Home Page

The IQ MacKay Municipal Insured ETF (MMIN) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed US municipal bond fund for insured, investment-grade securities of varying maturities. MMIN was launched on Oct 18, 2017 and is managed by IndexIQ.

Asset Class Fixed Income
Category Muni National Long
Region North America
Stock Exchange NYSEARCA
Ticker Symbol MMIN
Issuer IndexIQ


Ex-Dividend Amount Pay Date
Jun 1, 2023 $0.07006 Jun 7, 2023
May 1, 2023 $0.07581 May 5, 2023
Apr 3, 2023 $0.0792 Apr 10, 2023
Mar 1, 2023 $0.06894 Mar 7, 2023
Feb 1, 2023 $0.07874 Feb 7, 2023
Dec 29, 2022 $0.07204 Jan 6, 2023
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

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Climate risk isn't being adequately priced into many ETFs, but there are signs the tides are turning.

1 year ago - ETFcom

Muni Market ETFs Ripe For Active Mgmt

While passive municipal ETFs hold the majority of the assets, the quirks of this space make it ideal for active management.

Other symbols: HMOPMUBSUB
1 year ago - ETFcom

Get Guaranteed Tax-Exempt Income Exposure with ‘MMIN'

Municipal bonds like the IQ MacKay Municipal Insured ETF (MMIN) have long been praised for their tax advantages. “Investors don't like paying increased federal tax.

2 years ago - ETF Trends

Are We Entering a ‘New Golden Decade' for Municipal Bonds?

With higher yields and more stability to offer fixed income investors, municipal bonds are all the rage in the debt market. A pair of active funds to consider are the IQ MacKay Municipal Intermediate ...

Other symbols: MMIT
2 years ago - ETF Trends

Best Municipal Bond ETFs for Q1 2021

The best municipal bond ETFs for Q1 2021 are BAB, MMIN, and IBMQ.

Other symbols: BABIBMQ
2 years ago - Investopedia

Active Muni Bond ETFs Can Help Enhance an Investor’s Portfolio

The coronavirus pandemic triggered widespread market volatility, but it also offered an opportunity for active managers to position in attractively priced areas of the market. Fixed-income investors c...

Other symbols: MMIT
3 years ago - ETF Trends

Active Muni ETFs to Better Navigate a Changing Landscape

As bond investors look to the current municipal bond landscape, one may consider targeted exchange traded fund strategies to incorporate munis into a diversified fixed-income portfolio better. In the ...

Other symbols: MMIT
3 years ago - ETF Trends

Insights into the Evolving Municipal Bond Market

Municipal bonds offer investors another avenue for income generation beyond the traditional Aggregate Bond Index exposures, providing opportunities to enhance and diversify yields. In the upcoming web...

Other symbols: MMIT
3 years ago - ETF Trends

IndexIQ 2020 Macro Outlook: Three Actionable Ideas for the Year Ahead

After what had been a tumultuous 2019, the end of the year is bringing significant progress on a number of fronts that have had investors on edge for months.

3 years ago - ETF Trends