Description: IQ MacKay ESG High Income ETF is an exchange traded fund launched by New York Life Investment Management LLC. The fund is co-managed by IndexIQ Advisors LLC and MacKay Shields LLC. The fund invests in the fixed income markets of global region. The fund primarily invests in U.S. corporate debt securities, non-U.S. corporate debt securities, convertible corporate securities, loans and loan participation interests that are rated lower than BBB- and Baa3 by a nationally recognized statistical rating organization (“NRSRO”). The fund invests in high-yield securities. It invests in securities of companies that are deemed socially conscious in their business dealings and directly promote environmental responsibility. It employs fundamental analysis with bottom-up and top-down security picking approach to create its portfolio. The fund employs proprietary research to create its portfolio. IQ MacKay ESG High Income ETF is domiciled in the United States.
Exchange: NYSE ARCA
Country: US : United States of America
Currency: US Dollar ($)
Category: High Yield Bond
| Asset Allocation | |||
|---|---|---|---|
| Asset Class | Long % | Short % | Net Assets |
| Bond | 92.90 | 0.00 | 92.90 |
| Cash | 6.71 | 0.00 | 6.71 |
| NotClassified | 0.40 | 0.00 | 0.40 |
| Sector Weights | ||
|---|---|---|
| Sector | Equity % | Relative to Category |
| World Regions | ||
|---|---|---|
| Region | Equity % | Relative to Category |
| Japan | 0.00 | 0.05 |
| Australasia | 0.00 | 0.01 |
| Asia Emerging | 0.00 | 0.06 |
| Latin America | 0.00 | 0.01 |
| North America | 0.00 | 91.08 |
| Asia Developed | 0.00 | 4.40 |
| United Kingdom | 0.00 | 4.16 |
| Europe Emerging | 0.00 | 0.00 |
| Europe Developed | 0.00 | 0.19 |
| Africa/Middle East | 0.00 | 0.04 |