IQ Mackay California Municipal Intermediate ETF

MMCA is an actively managed fund that invests primarily in investment-grade, intermediate-term municipal bonds that are exempt from federal and California income taxes.

On Tuesday, IndexIQ, a leading provider of innovative investment solutions, announced the launch of the IQ MacKay California Municipal Intermediate ETF (MMCA), the latest addition to the firm's fast-growing suite of municipal bond ETF offerings. MMCA is actively managed by subadvisor MacKay Municipal Managers™, the municipal bond team at MacKay Shields LLC, led by co-CIOs [.

IndexIQ Launches California Municipal Intermediate ETF, MMCA

NEW YORK--(BUSINESS WIRE)--IndexIQ has launched MMCA, focused on California munis, actively managed by MacKay Municipal Managers, the municipal bond team at MacKay Shields LLC

News for IQ Mackay California Municipal Intermediate ETF ETF (MMCA)