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MMIN
+0.45 · +1.92%
$24.07 · NYSE ARCA

IQ MacKay Municipal Insured ETF (MMIN) ETF Analysis | Muni National Long

New York Life Investment Management LLC · USA
AUM:$415.2M
#– of – in Muni National Long ETFs

Educational tool only – Figures are based on historical data, holdings and expense metrics for informational purposes. This is not financial advice or a recommendation to buy or sell any security. Always conduct your own research or consult a qualified financial adviser.

Market Performance

Up 5.0% over the past year, showing positive momentum.

Cost Efficiency

Ongoing charge of 0.31% — competitive for the exposure provided.

What is MMIN?

The fund, under normal circumstances, invests at least 80% of its assets (net assets plus the amount of any 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.

Performance Highlights

Returns (%)
Cost & Yield (%)

Investment Breakdown

Positive 1-Year Return
MMIN returned 5.0% over the past year. Historical returns only — past performance is not indicative of future results.
Moderate Cost
Expense ratio of 0.31%. Consider how fees compound over a long holding period.
Broadly Diversified
Top 10 holdings represent just 11.4% of the ETF — exposure spread across many positions.
ETF Information
AUM$415.2M
Expense Ratio0.31%
Dividend Yield4.39%
Holdings10
Inception DateOct 2017
Domicile–
Distribution–
Index–
ProviderNew York Life Investment Management LLC
Beta1.15
CategoryMuni National Long
CurrencyUSD
Portfolio Impact

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Example preview
6168
+7 points · better diversified

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Uses ISF.L (iShares FTSE 100 ETF)
Indicators

Performance Metrics

Historical returns

6M
-3.2%
1Y
+4.3%
3Y
+10.6%
5Y
-0.0%
OpenBook InsightIf you had invested £10,000 in MMIN 5 years ago, it would have fallen to £9,996 — a loss of £4.

Annual Returns

Calendar year performance

MMIN delivered positive returns in 3 of the last 5 calendar years.
YearMMIN
2026 YTD-1.1%
2025+4.2%
2024+1.1%
2023+6.9%
2022-11.1%
CAGR 4yr+0.0%
3/5 positive yearsAvg return: -0.0%Worst year: -11.1% (2022)

Technical Analysis Summary

Automated insights from historical price action and indicators

Technical Regime: NEGATIVE
Trend Strength
0%
Negative
Volatility
4.5%
Low
Momentum
-2.0%
30-day change
Support Level
23.50
Key floor
Key Insights
  • Price is currently below all major moving averages, indicating a weaker trend profile.
  • Price is consolidating, with low momentum over the recent period.
  • Low volatility environment with a narrower recent trading range.
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Openbook Analytics Ltd (Company No. SC843579) is registered in Scotland. Registered office: Strathclyde Inspire Hub, University of Strathclyde, Graham Hills Building (Level 6), 50 Richmond Street, Glasgow, G1 1XP. Openbook Analytics is not authorised or regulated by the Financial Conduct Authority (FCA). The content on this platform is provided for general informational and educational purposes only and does not constitute financial advice, investment advice, trading advice, or any other form of advice. You should not treat any content on this platform as a recommendation to buy, sell, or hold any financial instrument. Past performance is not a reliable indicator of future results. The value of investments and the income from them can go down as well as up, and you may get back less than you invest. User-generated content, including community posts and commentary, reflects the personal opinions of individual users, is not verified for accuracy, and does not represent the views of Openbook Analytics Ltd. You should always conduct your own research or consult a qualified, FCA-regulated financial adviser before making investment decisions. Data displayed on this platform may be delayed or inaccurate and is provided "as is" without warranty. Openbook Analytics Ltd accepts no liability for any loss arising from reliance on the information provided.