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

ETF | Muni National Interm |

Last Closing

USD 23.91

Change

-0.03 (-0.13)%

Market Cap

USD 0.50B

Volume

0.24M

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)

Compare
Relative Returns (From:    To: 2024-12-26 )

Largest Industry Peers for Muni National Interm

Symbol Name Price(Change) Market Cap
VTEB Vanguard Tax-Exempt Bond Index..

-0.01 (-0.02%)

USD 35.33B
MMIT IQ MacKay Municipal Intermedia..

+0.01 (+0.04%)

USD 0.75B
TAXF American Century Diversified M..

+0.07 (+0.14%)

USD 0.52B
HMOP Hartford Municipal Opportuniti..

-0.04 (-0.10%)

USD 0.49B
HTAB Hartford Schroders Tax-Aware B..

-0.02 (-0.10%)

USD 0.44B
MUST Columbia Multi-Sector Municipa..

+0.08 (+0.39%)

USD 0.42B
FLMI Franklin Liberty Intermediate ..

-0.02 (-0.07%)

USD 0.40B
MUB iShares National Muni Bond ETF

N/A

N/A
MUNI PIMCO Intermediate Municipal B..

-0.08 (-0.15%)

N/A

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 -2.65% 10% F 28% F
Dividend Return 3.24% 90% A- 48% F
Total Return 0.59% 30% F 27% F
Trailing 12 Months  
Capital Gain -2.49% 10% F 30% F
Dividend Return 3.24% 80% B- 48% F
Total Return 0.75% 40% F 28% F
Trailing 5 Years  
Capital Gain -9.57% 10% F 39% F
Dividend Return 13.86% 70% C- 45% F
Total Return 4.29% 30% F 31% 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.