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IndexIQ Active ETF Trust - IQ MacKay Ultra Short Duration ETF
As of April 29, 2024, IndexIQ Active ETF Trust - IQ MacKay Ultra Short Duration ETF has gone out of business.? IndexIQ Active ETF Trust - IQ MacKay Ultra Short Duration ETF is an exchange traded fund launched by New York Life Investment Management LLC. It is co-managed by IndexIQ Advisors LLC and MacKay Shields LLC. The fund invests in fixed income markets of global region. It invests in debt securities rated BBB- or A-2 or higher by S&P, BBB- or F-2 or higher by Fitch, or Baa3 or Prime-2 or higher by Moody’s. The fund invests in securities with weighted average duration of 1 year or less. The fund seeks to benchmark the performance of its portfolio against the Bloomberg Short Treasury 3-6 Month Index. IndexIQ Active ETF Trust - IQ MacKay Ultra Short Duration ETF was formed on July 31, 2019 and is domiciled in the United States.