MMIT ETF Analysis: IQ MacKay Municipal | NYSE
Unclassified | NYSE, USA | Market Cap: 1.650m USD | 12M Return: 0.9% | US45409F8279 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 30.4M
Warnings
Tailwinds
No distinct edge detected
Seasonality 8.9 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
The IQ MacKay Municipal Intermediate ETF (MMIT) is a U.S.-listed exchange-traded fund that focuses on tax-exempt fixed income. Under normal market conditions, the fund commits at least 80% of its assets to municipal bonds whose interest payments are exempt from federal income tax, as determined by bond counsel at the time of issuance. The ETF was launched in October 2017 and falls within the Muni National Intermediate category, targeting bonds with intermediate-term maturities. With a market capitalization of approximately $1.4 billion, MMIT offers investors exposure to a diversified portfolio of federally tax-exempt debt securities issued by state and local governments and other qualifying issuers across the United States.
- Fed rate cuts compress municipal bond yields
- Tax reform threatens muni tax-exempt status appeal
- Record supply so new muni issuance pressures prices
- State fiscal stress raises credit default risk exposure
As of November 03, 2026, the stock is trading at USD 23.66 with a total of 848,386 shares traded. Over the past week, the price has changed by +0.48%, over one month by +3.14%, over three months by -0.20% and over the past year by +0.90%.
Current recommended Stop Loss: 23.40 (which is 1.1% or 2 ATR below the current price).
IQ MacKay Municipal has no consensus analysts rating.