NYLI Hedge Multi-Strategy Tracker ETF
Name
As of 11/29/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
8.4%
1 yr return
10.4%
3 Yr Avg Return
3.3%
5 Yr Avg Return
3.2%
Net Assets
$603 M
Holdings in Top 10
68.3%
52 WEEK LOW AND HIGH
$32.6
$29.82
$32.62
Expenses
OPERATING FEES
Expense Ratio 1.13%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 11/29/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
QAI - Profile
Distributions
- YTD Total Return 8.4%
- 3 Yr Annualized Total Return 3.3%
- 5 Yr Annualized Total Return 3.2%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 1.35%
- Dividend Yield 3.8%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameNYLI Hedge Multi-Strategy Tracker ETF
-
Fund Family NameIndexIQ
-
Inception DateMar 25, 2009
-
Shares Outstanding24850000
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerGreg Barrato
Fund Description
p id="xdx_A8E_err--StrategyNarrativeTextBlock_gRBSNTB-SJYH_zzCO3dHvP8V1" style="font: 9pt/11.5pt Arial, sans-serif; margin: 0pt 0pt 9pt; -sec-ix-redline: true; text-transform: none; color: #000000; text-indent: 0pt; text-align: justify"span style="text-transform: none"The Fund is a “fund of funds” which/spanspan style="text-transform: none" means it invests, under normal circumstances, at least 80% of/spanspan style="text-transform: none" its net assets, plus the amount of any borrowings for investment/spanspan style="text-transform: none" purposes, in the investments included in its Underlying Index, which includes underlying funds. The Advisor is the index provider for the Underlying Index. The Underlying Index /spanspan style="text-transform: none"consists of a number of components (“Underlying Index Components”) selected in accordance with its rules-/spanspan style="text-transform: none"based methodology. Such Underlying/spanspan style="text-transform: none" Index Components will include primarily ETFs and/or other exchange-traded vehicles/spanspan style="text-transform: none" issuing equity securities organized in the U.S., such as exchange-traded /spanspan style="text-transform: none"commodity pools/span/p p style="font: 9pt/11.5pt Arial, sans-serif; margin: 0pt 0pt 9pt; text-transform: none; color: #000000; text-indent: 0pt; text-align: justify"span style="text-transform: none"(“ETVs”), and may include exchange-traded notes (“ETNs”) (such ETFs, ETVs and ETNs are referred to collectively as “exchange-traded products” or “ETPs”). The Fund may also invest in /spanspan style="text-transform: none"one or more financial instruments, including but not limited to futures contracts and swap agreements (collectively, /spanspan style="text-transform: none"“Financial Instruments”)./span/p p style="font: 9pt/11.5pt Arial, sans-serif; margin: 0pt 0pt 9pt; -sec-ix-redline: true; text-transform: none; color: #000000; text-indent: 0pt; text-align: justify"span style="text-transform: none"The Fund employs a “passive management” — or indexing — investment approach designed to track the performance of the Underlying Index. The Underlying Index generally is based on the premise that aggregated returns of hedge funds in a broad hedge fund universe display, over time, significant exposures to a set of common asset classes. The Underlying Index seeks to achieve performance similar to the overall hedge /spanspan style="text-transform: none"fund universe by replicating the “beta” portion of the hedge fund return characteristics (i.e., that portion of /spanspan style="text-transform: none"the returns that are non-idiosyncratic, or unrelated to manager skill) over longer term periods and not on a daily basis (the “Strategy”). The Underlying Index does not seek to replicate the “alpha” portion of the return characteristics of the overall hedge fund universe. In addition, the Fund does not invest in hedge funds, and the Underlying Index does not include hedge funds as Underlying Index Components. The Fund is not a fund of hedge funds. Managers included in the broad hedge fund universe may employ investment styles, including but not /spanspan style="text-transform: none"limited to:/span/p p style="font: 9pt/11.5pt Arial, sans-serif; margin: 0pt 0pt 9pt 28.8pt; text-transform: none; color: #000000; text-indent: -14.4pt; text-align: justify"span style="width: 14.39pt; text-indent: 0; display: inline-block"span style="text-transform: none"•/span/spanspan style="text-transform: none"Equity strategies, including long-only, long bias, long/short, market neutral and dedicated /spanspan style="text-transform: none"short strategies;/span/p p style="font: 9pt/11.5pt Arial, sans-serif; margin: 0pt 0pt 9pt 28.8pt; text-transform: none; color: #000000; text-indent: -14.4pt; text-align: justify"span style="width: 14.39pt; text-indent: 0; display: inline-block"span style="text-transform: none"•/span/spanspan style="text-transform: none"Fixed income strategies, including long-only and long/short credit strategies, high yield, asset-backed, and convertible /spanspan style="text-transform: none"bond strategies;/span/p p style="font: 9pt/11.5pt Arial, sans-serif; margin: 0pt 0pt 9pt 28.8pt; text-transform: none; color: #000000; text-indent: -14.4pt; text-align: justify"span style="width: 14.39pt; text-indent: 0; display: inline-block"span style="text-transform: none"•/span/spanspan style="text-transform: none"Emerging market strategies, including global and region- and /spanspan style="text-transform: none"country-specific strategies;/span/p p style="font: 9pt/11.5pt Arial, sans-serif; margin: 0pt 0pt 9pt 28.8pt; text-transform: none; color: #000000; text-indent: -14.4pt; text-align: justify"span style="width: 14.39pt; text-indent: 0; display: inline-block"span style="text-transform: none"•/span/spanspan style="text-transform: none"Sector strategies, including healthcare and biotechnology, technology, real estate, energy, financials and natural resources /spanspan style="text-transform: none"strategies; and/span/p p style="font: 9pt/11.5pt Arial, sans-serif; margin: 0pt 0pt 9pt 28.8pt; text-transform: none; color: #000000; text-indent: -14.4pt; text-align: justify"span style="width: 14.39pt; text-indent: 0; display: inline-block"span style="text-transform: none"•/span/spanspan style="text-transform: none"Specialized and alternative strategies, including multi-strategy, balanced, global macro, event-driven, options, merger arbitrage, and managed futures strategies. /spanspan style="text-transform: none"The Underlying Index may include both long and short positions in ETFs and ETVs. As opposed to taking long positions in which an investor seeks to profit from increases in the price of a security, short selling (or “selling short”) is a technique used by the Fund to try /spanspan style="text-transform: none"and profit from the falling price of a security. Short /spanspan style="text-transform: none"selling involves selling a security that has been borrowed from a third party with the intention of buying the identical security back at a later date to return to that third party. The basic principle of short selling is that one can profit by selling a security now at a high price and later buying it back at a lower price. The short seller hopes to profit from a decline in the price of the security /spanspan style="text-transform: none"between the sale and the repurchase, as the seller will /spanspan style="text-transform: none"pay less to buy the security than it received on selling /spanspan style="text-transform: none"the security./span/p p style="font: 9pt/11.5pt Arial, sans-serif; margin: 0pt 0pt 9pt; text-transform: none; color: #000000; text-indent: 0pt; text-align: justify"span style="text-transform: none"The Underlying Index Components of this Strategy generally provide /spanspan style="text-transform: none"exposures to:/span/p p style="font: 9pt/11.5pt Arial, sans-serif; margin: 0pt 0pt 9pt 28.8pt; text-transform: none; color: #000000; text-indent: -14.4pt; text-align: justify"span style="width: 14.39pt; text-indent: 0; display: inline-block"span style="text-transform: none"•/span/spanspan style="text-transform: none"Commodities;/span/p p style="font: 9pt/11.5pt Arial, sans-serif; margin: 0pt 0pt 9pt 28.8pt; text-transform: none; color: #000000; text-indent: -14.4pt; text-align: justify"span style="width: 14.39pt; text-indent: 0; display: inline-block"span style="text-transform: none"•/span/spanspan style="text-transform: none"Emerging /spanspan style="text-transform: none"market equity, debt and sovereign debt, including /spanspan style="text-transform: none"small-capitalization equity;/span/p p style="font: 9pt/11.5pt Arial, sans-serif; margin: 0pt 0pt 9pt 28.8pt; text-transform: none; color: #000000; text-indent: -14.4pt; text-align: justify"span style="width: 14.39pt; text-indent: 0; display: inline-block"span style="text-transform: none"•/span/spanspan style="text-transform: none"Foreign currencies and /spanspan style="text-transform: none"currency /spanspan style="text-transform: none"futures;/span/p p style="font: 9pt/11.5pt Arial, sans-serif; margin: 0pt 0pt 9pt 28.8pt; text-transform: none; color: #000000; text-indent: -14.4pt; text-align: justify"span style="width: 14.39pt; text-indent: 0; display: inline-block"span style="text-transform: none"•/span/spanspan style="text-transform: none"Foreign sovereign debt and equity, including /spanspan style="text-transform: none"small-capitalization equity;/span/p p style="font: 9pt/11.5pt Arial, sans-serif; margin: 0pt 0pt 9pt 28.8pt; text-transform: none; color: #000000; text-indent: -14.4pt; text-align: justify"span style="width: 14.39pt; text-indent: 0; display: inline-block"span style="text-transform: none"•/span/spanspan style="text-transform: none"Municipal bonds;/span/p p style="font: 9pt/11.5pt Arial, sans-serif; margin: 0pt 0pt 9pt 28.8pt; text-transform: none; color: #000000; text-indent: -14.4pt; text-align: justify"span style="width: 14.39pt; text-indent: 0; display: inline-block"span style="text-transform: none"•/span/spanspan style="text-transform: none"The /spanspan style="text-transform: none"implied volatility of the Samp;P /spanspan style="text-transform: none"500/spansup style="text-transform: none; font-size: 7pt; line-height: 7pt"®/supspan style="text-transform: none" Index;/span/p p style="font: 9pt/11.5pt Arial, sans-serif; margin: 0pt 0pt 9pt 28.8pt; text-transform: none; color: #000000; text-indent: -14.4pt; text-align: justify"span style="width: 14.39pt; text-indent: 0; display: inline-block"span style="text-transform: none"•/span/spanspan style="text-transform: none"U.S. and foreign/spanspan style="text-transform: none" /spanspan style="text-transform: none"preferred securities;/span/p p style="font: 9pt/11.5pt Arial, sans-serif; margin: 0pt 0pt 9pt 28.8pt; text-transform: none; color: #000000; text-indent: -14.4pt; text-align: justify"span style="width: 14.39pt; text-indent: 0; display: inline-block"span style="text-transform: none"•/span/spanspan style="text-transform: none"U.S. and foreign real estate /spanspan style="text-transform: none"investment trusts;/span/p p style="font: 9pt/11.5pt Arial, sans-serif; margin: 0pt 0pt 9pt 28.8pt; text-transform: none; color: #000000; text-indent: -14.4pt; text-align: justify"span style="width: 14.39pt; text-indent: 0; display: inline-block"span style="text-transform: none"•/span/spanspan style="text-transform: none"U.S./spanspan style="text-transform: none" /spanspan style="text-transform: none"bank loans;/span/p p style="font: 9pt/11.5pt Arial, sans-serif; margin: 0pt 0pt 9pt 28.8pt; text-transform: none; color: #000000; text-indent: -14.4pt; text-align: justify"span style="width: 14.39pt; text-indent: 0; display: inline-block"span style="text-transform: none"•/span/spanspan style="text-transform: none"U.S. /spanspan style="text-transform: none"convertible debt;/span/p p style="font: 9pt/11.5pt Arial, sans-serif; margin: 0pt 0pt 9pt 28.8pt; text-transform: none; color: #000000; text-indent: -14.4pt; text-align: justify"span style="width: 14.39pt; text-indent: 0; display: inline-block"span style="text-transform: none"•/span/spanspan style="text-transform: none"U.S. floating rate /spanspan style="text-transform: none"bank loans;/span/p p style="font: 9pt/11.5pt Arial, sans-serif; margin: 0pt 0pt 9pt 28.8pt; text-transform: none; color: #000000; text-indent: -14.4pt; text-align: justify"span style="width: 14.39pt; text-indent: 0; display: inline-block"span style="text-transform: none"•/span/spanspan style="text-transform: none"U.S. floating /spanspan style="text-transform: none"rate bond;/span/p p style="font: 9pt/11.5pt Arial, sans-serif; margin: 0pt 0pt 9pt 28.8pt; text-transform: none; color: #000000; text-indent: -14.4pt; text-align: justify"span style="width: 14.39pt; text-indent: 0; display: inline-block"span style="text-transform: none"•/span/spanspan style="text-transform: none"U.S. government short-term, intermediate-term and long-term/spanspan style="text-transform: none" /spanspan style="text-transform: none"maturity bond;/span/p p style="font: 9pt/11.5pt Arial, sans-serif; margin: 0pt 0pt 9pt 28.8pt; text-transform: none; color: #000000; text-indent: -14.4pt; text-align: justify"span style="width: 14.39pt; text-indent: 0; display: inline-block"span style="text-transform: none"•/span/spanspan style="text-transform: none"U.S. /spanspan style="text-transform: none"growth equity;/span/p p style="font: 9pt/11.5pt Arial, sans-serif; margin: 0pt 0pt 9pt 28.8pt; text-transform: none; color: #000000; text-indent: -14.4pt; text-align: justify"span style="width: 14.39pt; text-indent: 0; display: inline-block"span style="text-transform: none"•/span/spanspan style="text-transform: none"U.S. low /spanspan style="text-transform: none"volatility equity;/span/p p style="font: 9pt/11.5pt Arial, sans-serif; margin: 0pt 0pt 9pt 28.8pt; text-transform: none; color: #000000; text-indent: -14.4pt; text-align: justify"span style="width: 14.39pt; text-indent: 0; display: inline-block"span style="text-transform: none"•/span/spanspan style="text-transform: none"U.S. /spanspan style="text-transform: none"momentum equity;/span/p p style="font: 9pt/11.5pt Arial, sans-serif; margin: 0pt 0pt 9pt 28.8pt; text-transform: none; color: #000000; text-indent: -14.4pt; text-align: justify"span style="width: 14.39pt; text-indent: 0; display: inline-block"span style="text-transform: none"•/span/spanspan style="text-transform: none"U.S. high yield/spanspan style="text-transform: none" (or /spanspan style="text-transform: none"“junk”) debt;/span/p p style="font: 9pt/11.5pt Arial, sans-serif; margin: 0pt 0pt 9pt 28.8pt; text-transform: none; color: #000000; text-indent: -14.4pt; text-align: justify"span style="width: 14.39pt; text-indent: 0; display: inline-block"span style="text-transform: none"•/span/spanspan style="text-transform: none"U.S. investment grade /spanspan style="text-transform: none"corporate debt;/span/p p style="font: 9pt/11.5pt Arial, sans-serif; margin: 0pt 0pt 9pt 28.8pt; text-transform: none; color: #000000; text-indent: -14.4pt; text-align: justify"span style="width: 14.39pt; text-indent: 0; display: inline-block"span style="text-transform: none"•/span/spanspan style="text-transform: none"U.S. /spanspan style="text-transform: none"large-capitalization/spanspan style="text-transform: none" equity;/span/p p style="font: 9pt/11.5pt Arial, sans-serif; margin: 0pt 0pt 9pt 28.8pt; text-transform: none; color: #000000; text-indent: -14.4pt; text-align: justify"span style="width: 14.39pt; text-indent: 0; display: inline-block"span style="text-transform: none"•/span/spanspan style="text-transform: none"U.S. /spanspan style="text-transform: none"mortgage-backed debt;/span/p p style="font: 9pt/11.5pt Arial, sans-serif; margin: 0pt 0pt 9pt 28.8pt; text-transform: none; color: #000000; text-indent: -14.4pt; text-align: justify"span style="width: 14.39pt; text-indent: 0; display: inline-block"span style="text-transform: none"•/span/spanspan style="text-transform: none"U.S. /spanspan style="text-transform: none"small-capitalization equity;/span/p p style="font: 9pt/11.5pt Arial, sans-serif; margin: 0pt 0pt 9pt 28.8pt; text-transform: none; color: #000000; text-indent: -14.4pt; text-align: justify"span style="width: 14.39pt; text-indent: 0; display: inline-block"span style="text-transform: none"•/span/spanspan style="text-transform: none"U.S. Treasury Inflation Protection /spanspan style="text-transform: none"Securities/spanspan style="text-transform: none" (“TIPS”); /span/p p style="font: 9pt/11.5pt Arial, sans-serif; margin: 0pt 0pt 9pt 28.8pt; text-transform: none; color: #000000; text-indent: -14.4pt; text-align: justify"span style="width: 14.39pt; text-indent: 0; display: inline-block"span style="text-transform: none"•/span/spanspan style="text-transform: none"U.S. value /spanspan style="text-transform: none"equity; and/span/p p style="font: 9pt/11.5pt Arial, sans-serif; margin: 0pt 0pt 9pt 28.8pt; text-transform: none; color: #000000; text-indent: -14.4pt; text-align: justify"span style="width: 14.39pt; text-indent: 0; display: inline-block"span style="text-transform: none"•/span/spanspan style="text-transform: none"Alternative strategies including merger arbitrage, market neutral, long/short, options, private equity replication, and /spanspan style="text-transform: none"managed futures./span/p p style="font: 9pt/11.5pt Arial, sans-serif; margin: 0pt 0pt 9pt; text-transform: none; color: #000000; text-indent: 0pt; text-align: justify"span style="text-transform: none"The Underlying Index is unlike traditional market-oriented indexes like the Standard amp; Poor’s 500/spansup style="text-transform: none; font-size: 7pt; line-height: 7pt"®/supspan style="text-transform: none" Composite Stock Total Return Index (the “Samp;P 500 Index”). Instead of tracking the performance of publicly-traded issuers representing a market or industry sector, the Underlying Index seeks to track the returns of distinct he/spanspan style="text-transform: none"dge fund /spanspan style="text-transform: none"investment styles./span/p p style="font: 9pt/11.5pt Arial, sans-serif; margin: 0pt 0pt 9pt; text-transform: none; color: #000000; text-indent: 0pt; text-align: justify"span style="text-transform: none"The Underlying Index may include as a component one or more ETFs advised by the Advisor (“Affiliated ETFs”) and the Fund will/spanspan style="text-transform: none" typically invest in any Affiliated ETF included in the Underlying/spanspan style="text-transform: none" Index. The Fund also may invest in Affiliated ETFs that are not components of the index if such an investment will help the Fund track the /spanspan style="text-transform: none"Underlying Index./span/p p style="font: 9pt/11.5pt Arial, sans-serif; margin: 0pt 0pt 9pt; -sec-ix-redline: true; text-transform: none; color: #000000; text-indent: 0pt; text-align: justify"span style="text-transform: none"The weights of the Underlying Index Components are rebalanced on a quarterly basis. Annually, the Advisor conducts a review process /spanspan style="text-transform: none"pursuant/spanspan style="text-transform: none" to which it may reconstitute the Underlying Indexes by adding or subtracting Underlying Index Components according to the Advisor’s /spanspan style="text-transform: none"rules-based process./span/p
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QAI - Performance
Return Ranking - Trailing
| Period | QAI Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 8.4% | -73.0% | 19.4% | 87.46% |
| 1 Yr | 10.4% | -9.1% | 86.9% | 42.91% |
| 3 Yr | 3.3%* | -9.5% | 16.2% | 55.42% |
| 5 Yr | 3.2%* | -4.9% | 14.4% | 53.36% |
| 10 Yr | 2.2%* | -0.9% | 7.5% | 48.94% |
* Annualized
Return Ranking - Calendar
| Period | QAI Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 5.8% | -22.7% | 305.1% | 32.96% |
| 2022 | -10.5% | -9.8% | 27.3% | 32.26% |
| 2021 | -0.4% | -20.8% | 10.9% | 41.78% |
| 2020 | 3.7% | -12.4% | 29.4% | 18.81% |
| 2019 | 6.6% | -10.5% | 15.8% | 47.64% |
Total Return Ranking - Trailing
| Period | QAI Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 8.4% | -73.0% | 19.4% | 85.66% |
| 1 Yr | 10.4% | -13.4% | 86.9% | 38.18% |
| 3 Yr | 3.3%* | -9.5% | 16.2% | 49.80% |
| 5 Yr | 3.2%* | -5.3% | 14.4% | 47.98% |
| 10 Yr | 2.2%* | -0.9% | 7.5% | 45.74% |
* Annualized
Total Return Ranking - Calendar
| Period | QAI Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 10.1% | -22.7% | 305.1% | 33.33% |
| 2022 | -8.7% | -9.8% | 27.3% | 32.66% |
| 2021 | -0.2% | -20.8% | 10.9% | 52.44% |
| 2020 | 5.7% | -8.4% | 29.4% | 39.60% |
| 2019 | 8.7% | -10.2% | 18.0% | 56.54% |
QAI - Holdings
Concentration Analysis
| QAI | Category Low | Category High | QAI % Rank | |
|---|---|---|---|---|
| Net Assets | 603 M | 1.5 M | 5.01 B | 17.34% |
| Number of Holdings | 157 | 4 | 4478 | 38.52% |
| Net Assets in Top 10 | 397 M | -398 M | 2.55 B | 14.13% |
| Weighting of Top 10 | 68.28% | 13.1% | 100.0% | 46.79% |
Top 10 Holdings
- iShares Floating Rate Bond ETF 15.92%
- DREYFUS GOVERNMENT CASH MANAGE 12.83%
- Invesco DB US Dollar Index Bullish Fund 7.35%
- SPDR Bloomberg Convertible Securities ETF 6.50%
- Vanguard Short-Term Treasury ETF 5.42%
- SPDR Bloomberg Investment Grade Floating Rate ETF 5.30%
- IQ Merger Arbitrage ETF 4.18%
- Vanguard FTSE Developed Markets ETF 3.77%
- iShares Convertible Bond ETF 3.69%
- iShares Core MSCI EAFE ETF 3.32%
Asset Allocation
| Weighting | Return Low | Return High | QAI % Rank | |
|---|---|---|---|---|
| Stocks | 99.46% | -3.75% | 97.95% | 60.42% |
| Cash | 12.83% | -6278.21% | 410.43% | 71.38% |
| Convertible Bonds | 10.57% | 0.00% | 87.92% | 7.07% |
| Preferred Stocks | 0.47% | -0.12% | 46.97% | 10.60% |
| Other | 0.05% | -21.53% | 148.54% | 61.84% |
| Bonds | 0.00% | -326.45% | 6347.80% | 18.73% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | QAI % Rank | |
|---|---|---|---|---|
| Financial Services | 16.25% | 0.00% | 59.28% | 50.39% |
| Healthcare | 15.58% | 0.00% | 45.63% | 79.53% |
| Technology | 14.44% | 0.00% | 39.58% | 65.35% |
| Industrials | 9.17% | 0.00% | 21.45% | 45.28% |
| Consumer Cyclical | 9.10% | 0.00% | 29.09% | 18.50% |
| Energy | 8.03% | 0.00% | 100.00% | 26.77% |
| Consumer Defense | 6.27% | 0.00% | 13.62% | 48.82% |
| Communication Services | 6.11% | 0.00% | 21.78% | 37.40% |
| Basic Materials | 5.53% | 0.00% | 27.46% | 18.90% |
| Real Estate | 4.97% | 0.00% | 51.26% | 21.65% |
| Utilities | 4.57% | 0.00% | 9.23% | 33.07% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | QAI % Rank | |
|---|---|---|---|---|
| US | 99.46% | -8.85% | 91.88% | 78.80% |
| Non US | 0.00% | -19.62% | 42.11% | 17.67% |
QAI - Expenses
Operational Fees
| QAI Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.13% | 0.29% | 31.15% | 95.32% |
| Management Fee | 0.75% | 0.00% | 2.50% | 23.67% |
| 12b-1 Fee | 0.00% | 0.00% | 1.00% | 7.43% |
| Administrative Fee | N/A | 0.01% | 0.30% | N/A |
Sales Fees
| QAI Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 2.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| QAI Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| QAI Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | N/A | 0.00% | 491.00% | 52.82% |
QAI - Distributions
Dividend Yield Analysis
| QAI | Category Low | Category High | QAI % Rank | |
|---|---|---|---|---|
| Dividend Yield | 3.76% | 0.00% | 4.56% | 33.22% |
Dividend Distribution Analysis
| QAI | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annually | Quarterly | Annually |
Net Income Ratio Analysis
| QAI | Category Low | Category High | QAI % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.35% | -2.51% | 6.83% | 8.63% |
Capital Gain Distribution Analysis
| QAI | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 28, 2023 | $1.227 | OrdinaryDividend |
| Dec 29, 2022 | $0.568 | OrdinaryDividend |
| Dec 29, 2021 | $0.088 | OrdinaryDividend |
| Dec 30, 2020 | $0.633 | OrdinaryDividend |
| Dec 30, 2019 | $0.588 | OrdinaryDividend |
| Dec 27, 2018 | $0.549 | OrdinaryDividend |
| Dec 28, 2016 | $0.001 | OrdinaryDividend |
| Dec 29, 2015 | $0.138 | OrdinaryDividend |
| Dec 29, 2014 | $0.394 | OrdinaryDividend |
| Dec 27, 2013 | $0.366 | OrdinaryDividend |
| Dec 27, 2012 | $0.309 | OrdinaryDividend |
| Dec 28, 2011 | $0.371 | OrdinaryDividend |
| Dec 23, 2010 | $0.414 | OrdinaryDividend |
| Dec 23, 2009 | $0.231 | OrdinaryDividend |
QAI - Fund Manager Analysis
Managers
Greg Barrato
Start Date
Tenure
Tenure Rank
Feb 28, 2011
11.26
11.3%
Mr. Barrato has managed the MainStay VP IQ Hedge Multi-Strategy Portfolio since inception. Mr. Barrato joined IndexIQ Advisors LLC as a Vice President in November 2010 and has been a Senior Vice President of the IndexIQ Advisors LLC since August 2013. Prior to joining IndexIQ Advisors LLC, Mr. Barrato served as Head Global Equity Trader and Trader at Lucerne Capital Management, LLC from 2008 to 2010 and as Assistant Trader and Operations Manager at ReachCapital Management, LP from 2004 to 2008. Mr. Barrato is a 2002 graduate of the University of Connecticut.
James Harrison
Start Date
Tenure
Tenure Rank
Apr 30, 2018
4.09
4.1%
James Harrison has been a member of the portfolio management team of IndexIQ Advisors LLC since 2015. Prior to joining IndexIQ, Mr. Harrison served as trading assistant, operations specialist and sales assistant at Cuttone & Company from 2010 to 2015. Mr. Harrison is a graduate of St. Lawrence University.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.02 | 17.37 | 4.48 | 1.67 |