NPORT-EX 2 804378INDEXIQ013124.htm

 

Schedule of Investments ─ IQ Ultra Short Duration ETF

January 31, 2024 (unaudited)

 

   Principal
Amount		   Value 
Long-Term Bonds — 96.8%
Corporate Bonds — 50.7%
Communications — 4.3%
T-Mobile USA, Inc.          
1.500%, due 2/15/26  $290,000   $271,444 
2.625%, due 4/15/26   150,000    142,800 
Verizon Communications, Inc.          
6.144%, (SOFR + 0.79%), due 3/20/26(a)   204,000    204,906 
         619,150 
Consumer, Cyclical — 1.6%          
General Motors Financial Co., Inc.          
6.050%, due 10/10/25   140,000    142,039 
Hyundai Capital America          
5.650%, due 6/26/26   70,000    70,686 
Nissan Motor Acceptance Co. LLC          
6.950%, due 9/15/26    5,000    5,167 
7.050%, due 9/15/28    15,000    15,741 
         233,633 
Consumer, Non-cyclical — 1.7%          
Laboratory Corp. of America Holdings          
3.250%, due 9/1/24    250,000    246,529 
           
Energy — 1.6%          
ONEOK, Inc.          
5.550%, due 11/1/26    30,000    30,506 
5.850%, due 1/15/26    55,000    55,786 
Plains All American Pipeline LP / PAA Finance Corp.          
4.500%, due 12/15/26    145,000    143,651 
         229,943 
Financial — 31.5%          
Air Lease Corp.          
0.800%, due 8/18/24    440,000    428,342 
Bank of America Corp.          
4.200%, due 8/26/24    475,000    471,119 
5.080%, (SOFR + 1.29%), due 1/20/27(a)    230,000    230,037 
Bank of New York Mellon Corp. (The)          
4.543%, (SOFR + 1.17%), due 2/1/29(a)    110,000    109,399 
4.947%, (SOFR + 1.03%), due 4/26/27(a)    65,000    65,112 
Blackstone Holdings Finance Co. LLC          
5.900%, due 11/3/27    115,000    119,065 
Blackstone Private Credit Fund          
7.050%, due 9/29/25    115,000    117,051 
Capital One Financial Corp.          
4.166%, (SOFR + 1.37%), due 5/9/25(a)    325,000    323,546 
Citigroup, Inc.          
5.610%, (SOFR + 1.55%), due 9/29/26(a)    150,000    151,155 
Corebridge Financial, Inc.          
3.500%, due 4/4/25    385,000    376,695 
Fifth Third Bancorp          
6.361%, (SOFR + 2.19%), due 10/27/28(a)    130,000    134,238 
HSBC USA, Inc.          
5.625%, due 3/17/25    300,000    301,874 
Huntington National Bank (The)          
4.008%, (SOFR + 1.21%), due 5/16/25(a)    380,000    376,547 
JPMorgan Chase & Co.          
3.845%, (SOFR + 0.98%), due 6/14/25(a)    365,000    362,201 
5.546%, (SOFR + 1.07%), due 12/15/25(a)    110,000    110,062 
Manufacturers & Traders Trust Co.          
5.400%, due 11/21/25    250,000    249,463 
Morgan Stanley          
4.679%, (SOFR + 1.67%), due 7/17/26(a)    200,000    198,650 
Morgan Stanley Bank NA          
4.754%, due 4/21/26    250,000    250,269 
US Bancorp          
4.653%, (SOFR + 1.23%), due 2/1/29(a)    100,000    98,519 
Wells Fargo & Co.          
6.303%, (SOFR + 1.79%), due 10/23/29(a)    75,000    79,046 
         4,552,390 
   Principal
Amount		   Value 
Corporate Bonds (continued)
Technology — 0.8%
Oracle Corp.          
1.650%, due 3/25/26   $125,000   $116,820 
           
Utilities — 9.2%          
CenterPoint Energy, Inc.          
6.010%, (SOFR + 0.65%), due 5/13/24(a)    353,000    353,017 
Florida Power & Light Co.          
5.050%, due 4/1/28    115,000    117,764 
National Rural Utilities Cooperative Finance Corp.          
5.050%, due 9/15/28    50,000    51,037 
NextEra Energy Capital Holdings, Inc.          
6.051%, due 3/1/25    50,000    50,422 
Sempra          
3.300%, due 4/1/25    150,000    146,685 
Southern California Edison Co.          
1.100%, due 4/1/24    100,000    99,191 
5.300%, due 3/1/28    65,000    66,703 
5.850%, due 11/1/27    105,000    109,227 
Southern Co. (The)          
5.150%, due 10/6/25    120,000    120,436 
Virginia Electric and Power Co.          
Series B, 3.750%, due 5/15/27    215,000    209,593 
         1,324,075 
Total Corporate Bonds          
(Cost $7,350,845)        7,322,540 
           
Foreign Bonds — 10.1%          
Financial — 8.6%          
AerCap Ireland Capital DAC / AerCap Global Aviation Trust, (Ireland)          
1.650%, due 10/29/24    540,000    524,368 
Credit Suisse AG, (Switzerland)          
7.950%, due 1/9/25    250,000    255,807 
Mitsubishi UFJ Financial Group, Inc., (Japan)          
5.541%, (1 Year US CMT T-Note + 1.50%), due 4/17/26(a)    200,000    200,556 
Royal Bank of Canada, (Canada)          
5.660%, due 10/25/24    140,000    140,341 
Toronto-Dominion Bank (The), (Canada)          
4.285%, due 9/13/24    125,000    124,165 
         1,245,237 
Utilities — 1.5%          
Enel Finance America LLC, (Italy)          
7.100%, due 10/14/27    200,000    213,731 
           
Total Foreign Bonds          
(Cost $1,452,074)        1,458,968 
           
U.S. Treasury Bill — 36.0%          
U.S. Treasury Bill          
0.000%, due 2/6/24(b)          
(Cost $5,196,189)    5,200,000    5,196,208 


 

 

 

Schedule of Investments ─ IQ Ultra Short Duration ETF (continued)

January 31, 2024 (unaudited)

 

   Shares   Value 
Short-Term Investment — 3.5%  
Money Market Fund — 3.5%  
BlackRock Liquidity T-Fund, 5.21%(c)          
(Cost $511,176)    511,176   $511,176 
           
           
Total Investments — 100.3%
(Cost $14,510,284)		        14,488,892 
Other Assets and Liabilities,
Net — (0.3)%		        (39,180)
Net Assets — 100%       $14,449,712 

 

 
(a) Variable rate securities that may be tendered back to the issuer at any time prior to maturity at par. Rate shown is the rate in effect as of January 31, 2024.
(b) The security was issued on a discount basis with no stated coupon rate. Rate shown reflects the effective yield.
(c) Reflects the 7-day yield at January 31, 2024.

 

Abbreviations
CMT - 1 year Constant Maturity Treasury Index
SOFR - Secured Financing Overnight Rate


 

 

 

Schedule of Investments ─ IQ Ultra Short Duration ETF (continued)

January 31, 2024 (unaudited)

 

The following is a summary of the inputs used to value the Fund's investments as of January 31, 2024. For more information on the valuation techniques, and their aggregation into the levels used in the table below, please refer to the Fund's most recent semi-annual or annual financial statements.

 

Description  Level 1   Level 2   Level 3   Total 
Asset Valuation Inputs                    
Investments in Securities:(d)                    
Corporate Bonds   $—   $7,322,540   $—   $7,322,540 
Foreign Bonds    —    1,458,968    —    1,458,968 
U.S. Treasury Bills    —    5,196,208    —    5,196,208 
Short-Term Investment:                    
Money Market Fund    511,176    —    —    511,176 
Total Investments in Securities   $511,176   $13,977,716   $—   $14,488,892 

 

 
(d) For a complete listing of investments and their industries, see the Schedule of Investments.

 

For the period ended January 31, 2024, the Fund did not have any transfers into or out of Level 3 within the fair value hierarchy.