IQ Ultra Short Duration ETF (ULTR)
47.91
-0.02
(-0.04%)
USD |
NYSEARCA |
Apr 15, 16:00
Price Chart
Key Stats
| Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 0.25% | -0.03% | 14.38M | 551.00 |
| Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| 4.62% | 340.0% | -42.80M | Upgrade |
Basic Info
| Investment Strategy | |
| The investment seeks to provide current income while maintaining limited price volatility. The fund, under normal circumstances, invests at least 80% of its net assets in fixed income securities. It typically invests at least 80% of its assets in fixed income securities rated investment grade by a nationally recognized statistical rating organization (“NRSRO”) (such securities rated BBB- and Baa3 or higher) or, if unrated, determined by the NYL Investors LLC (the “Subadvisor”) to be of comparable quality. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | -- |
| Fixed Income Style | Medium Quality/Limited Sensitivity |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Category Name | Ultrashort Bond |
| Category Index | Bloomberg Govt/Corp 1 Yr Duration TR USD |
| Global Category Name | US Fixed Income |
| YCharts Categorization | US Fixed Income |
| YCharts Benchmark | Bloomberg US Aggregate (^BBUSATR) |
| Prospectus Objective | Income |
| Fund Owner Firm Name | IndexIQ |
| Prospectus Benchmark Index | |
| Bloomberg Short Treasury 3-6 Mon TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
| Manager Tenure | |
| Mark Kehoe | 0.20 yrs |
| Thomas Musmanno, CFA | 0.20 yrs |
| Zach Aronson | 0.20 yrs |
Performance Versus Category
As of April 15, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of April 15, 2024.
Basic Info
| Investment Strategy | |
| The investment seeks to provide current income while maintaining limited price volatility. The fund, under normal circumstances, invests at least 80% of its net assets in fixed income securities. It typically invests at least 80% of its assets in fixed income securities rated investment grade by a nationally recognized statistical rating organization (“NRSRO”) (such securities rated BBB- and Baa3 or higher) or, if unrated, determined by the NYL Investors LLC (the “Subadvisor”) to be of comparable quality. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | -- |
| Fixed Income Style | Medium Quality/Limited Sensitivity |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Category Name | Ultrashort Bond |
| Category Index | Bloomberg Govt/Corp 1 Yr Duration TR USD |
| Global Category Name | US Fixed Income |
| YCharts Categorization | US Fixed Income |
| YCharts Benchmark | Bloomberg US Aggregate (^BBUSATR) |
| Prospectus Objective | Income |
| Fund Owner Firm Name | IndexIQ |
| Prospectus Benchmark Index | |
| Bloomberg Short Treasury 3-6 Mon TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
| Manager Tenure | |
| Mark Kehoe | 0.20 yrs |
| Thomas Musmanno, CFA | 0.20 yrs |
| Zach Aronson | 0.20 yrs |