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MMIN

IndexIQ Active ETF Trust - IQ MacKay Municipal Insured ETF

$24.54

Company Information

The fund is an actively managed ETF and thus does not seek to replicate the performance of a specific index. Instead, it uses an active management strategy to meet its investment objective. The fund, under normal circumstances, invests at least 80% of its assets (net assets plus borrowings for investment purposes) in: (i) debt securities whose interest is, in the opinion of bond counsel for the issuer at the time of issuance, exempt from federal Income tax (Municipal Bonds); and (ii) debt securities covered by an insurance policy guaranteeing the payment of principal and interest.

Organisation
IndexIQ Active ETF Trust - IQ MacKay Municipal Insured ETF
Industry
Miscellaneous