IQ MacKay California Municipal Intermediate ETF (MMCA)

california-munis tax-exempt intermediate-term

The IQ MacKay California Municipal Intermediate ETF focuses on providing tax-exempt income from California municipal bonds. This fund offers exposure to intermediate-term, investment-grade municipal debt issued in California, potentially benefiting residents of the state with tax-advantaged income. It's an attractive option for investors seeking to minimize their tax burden while maintaining a steady income stream.