Price Chart

Key Stats

Net Expense Ratio Discount or Premium to NAV Total Assets Under Management 30-Day Average Daily Volume
0.40% 0.22% 82.62M 1339.20
Dividend Yield Turnover Ratio 1 Year Fund Level Flows Max Drawdown (Since Inception)
7.21% 30.00% 56.30M Upgrade

Basic Info

Investment Strategy
The investment seeks to maximize current income, while incorporating the Subadvisor’s ESG investment strategy. The fund seeks to achieve its investment objective through investments in debt instruments offering attractive levels of yield. It will not invest in instruments of corporate issuers that have been determined by the Subadvisor, through its own analysis or using third party data, to not be in compliance with the Principles of the UN Global Compact.
General
Security Type Exchange-Traded Fund
Equity Style --
Fixed Income Style Low Quality/Limited Sensitivity
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Category Name High Yield Bond
Category Index ICE BofA US High Yield 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
N/A 100.0%
Broad Asset Class Benchmark Index
^BBUSATR 100.0%
Manager Tenure
Eric Gold 1.44 yrs
Matt Jacob 1.44 yrs

Performance Versus Category

 
20%
15%
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5%
0
View Category Returns. Upgrade now.
Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (Price)
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Total Return (NAV)
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Category Rtn. (NAV)
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% Rank in Cat (NAV)
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As of April 18, 2024. Returns for periods of 1 year and above are annualized.

Annual Total Returns Versus Peers

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Name
2017
2018
2019
2020
2021
2022
2023
YTD
--
--
--
--
--
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12.40%
-0.80%
3.54%
0.01%
8.72%
7.51%
-1.54%
-13.01%
5.53%
-3.23%
--
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12.92%
0.07%
--
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--
--
--
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11.25%
0.28%
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--
--
-0.46%
-5.63%
4.98%
0.37%
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--
--
--
-7.31%
10.88%
1.68%
As of April 18, 2024.

Asset Allocation

As of April 15, 2024.
Type % Net % Long % Short
Cash 0.41% Upgrade Upgrade
Stock 0.00% Upgrade Upgrade
Bond 98.86% Upgrade Upgrade
Convertible 0.00% Upgrade Upgrade
Preferred 0.73% Upgrade Upgrade
Other 0.00% Upgrade Upgrade

Basic Info

Investment Strategy
The investment seeks to maximize current income, while incorporating the Subadvisor’s ESG investment strategy. The fund seeks to achieve its investment objective through investments in debt instruments offering attractive levels of yield. It will not invest in instruments of corporate issuers that have been determined by the Subadvisor, through its own analysis or using third party data, to not be in compliance with the Principles of the UN Global Compact.
General
Security Type Exchange-Traded Fund
Equity Style --
Fixed Income Style Low Quality/Limited Sensitivity
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Category Name High Yield Bond
Category Index ICE BofA US High Yield 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
N/A 100.0%
Broad Asset Class Benchmark Index
^BBUSATR 100.0%
Manager Tenure
Eric Gold 1.44 yrs
Matt Jacob 1.44 yrs

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