The IQ MacKay California Municipal Intermediate ETF seeks to provide current income exempt from federal and California income taxes. The Fund seeks to achieve its objective by investing at least 80% of its assets in municipal bonds and will also seek to enhance total return potential through its subadvisor’s active management approach.
The IQ MacKay California Municipal Intermediate ETF (USD) is a(n) Fixed Income Exchange Traded Funds (ETF) seeks to invest in Municipal bonds sector located in USA. The New York Life Investments fund’s base currency is USD and the share class was registered 21.12.2021 with unique ISIN - US45409F7776. Main exchange is NYSE Arca and ticker symbol is MMCA. The total expense ratio is 0.36%. The IQ MacKay California Municipal Intermediate ETF (USD) pays dividends 12 time(s) per year.