MMIN:NYE-IQ MacKay Municipal Insured ETF (USD)

ETF | Muni National Interm |

Last Closing

USD 23.94

Change

0.00 (0.00)%

Market Cap

USD 0.50B

Volume

0.11M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

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.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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Relative Returns (From:    To: 2024-12-25 )

ETFs Containing MMIN

N/A

Market Performance

  Market Performance vs. Industry/Classification (Muni National Interm) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -2.52% 10% F 29% F
Dividend Return 3.24% 90% A- 48% F
Total Return 0.71% 40% F 27% F
Trailing 12 Months  
Capital Gain -2.96% 10% F 29% F
Dividend Return 3.55% 90% A- 52% F
Total Return 0.59% 40% F 29% F
Trailing 5 Years  
Capital Gain -9.46% 10% F 39% F
Dividend Return 13.86% 70% C- 45% F
Total Return 4.40% 30% F 32% F
Average Annual (5 Year Horizon)  
Capital Gain -2.35% 10% F 22% F
Dividend Return -0.03% 10% F 20% F
Total Return 2.32% 90% A- 54% F
Risk Return Profile  
Volatility (Standard Deviation) 6.32% 20% F 89% A-
Risk Adjusted Return -0.51% 10% F 20% F
Market Capitalization 0.50B 63% D 48% F

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.