ULTR - IQ Ultra Short Duration ETF
Stock Price: $49.49 USD
-0.12 (-0.24%)
Updated Apr 16, 2021 4:00 PM EDT - Market closed
| Assets | $245.12M |
| NAV | $49.52 |
| Expense Ratio | 0.25% |
| PE Ratio | n/a |
| Beta (5Y) | 0.12 |
| Dividend (ttm) | $0.79 |
| Dividend Yield | 1.60% |
| Ex-Dividend Date | Apr 1, 2021 |
| 1-Year Return | - |
| Trading Day | April 16 |
| Last Price | $49.49 |
| Previous Close | $49.61 |
| Change ($) | -0.12 |
| Change (%) | -0.24% |
| Day's Open | 49.45 |
| Day's Range | 49.45 - 49.53 |
| Day's Volume | 4,345 |
| 52-Week Range | 48.01 - 50.53 |
Fund Description
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 BBB- or A-2 or higher by S&P Global Ratings (S&P), BBB- or F-2 or higher by Fitch Ratings, Inc. (Fitch), or Baa3 or Prime-2 or higher by Moody's Investors Service, Inc. (Moody's), or, if unrated, determined by the fund's management to be of equivalent quality.
| Asset Class Fixed Income | Inception Date Jul 31, 2019 |
| Exchange NYSEARCA | Ticker Symbol ULTR |
| Index Tracked Markit iBoxx USD Liquid Investment Grade 0-5 Index | |
Top 10 Holdings
23.34% of assets| Name | Symbol | Weight |
|---|---|---|
| Blackrock Liquidity T 60 | CAS.TO | 9.22% |
| Credit Suisse AG New York Branch 0.5% | n/a | 2.33% |
| Verizon Communications Inc. 0.75% | n/a | 1.80% |
| Morgan Stanley 4.1% | n/a | 1.49% |
| Banco del Estado de Chile 0% | n/a | 1.44% |
| Lsega Financing Plc 0.65% | n/a | 1.43% |
| CVS Health Corp 2.62% | n/a | 1.42% |
| NTT Finance Corp 0.37% | n/a | 1.41% |
| Federal Farm Credit Banks 0.68% | n/a | 1.41% |
| Federal Farm Credit Banks 1.03% | n/a | 1.39% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Apr 1, 2021 | $0.037 | Apr 8, 2021 |
| Mar 1, 2021 | $0.034 | Mar 5, 2021 |
| Feb 1, 2021 | $0.037 | Feb 5, 2021 |
| Dec 30, 2020 | $0.269 | Jan 7, 2021 |
| Nov 2, 2020 | $0.044 | Nov 6, 2020 |
| Oct 1, 2020 | $0.047 | Oct 7, 2020 |
By Salvatore J. Bruno, Chief Investment Officer and Managing Director, IndexIQ When interest rates fall through the floor, the ability to generate income becomes more difficult, and more valuable.
