| | | | | 4 | | | |
| | | | | 12 | | | |
| | | | | 19 | | | |
| | | | | 26 | | | |
| | | | | 34 | | | |
| | | | | 34 | | | |
| | | | | 35 | | | |
| | | | | 35 | | | |
| | | | | 44 | | | |
| | | | | 45 | | | |
| | | | | 46 | | | |
| | | | | 48 | | | |
| | | | | 49 | | | |
| | | | | 49 | | | |
| | | | | 50 | | | |
| | | | | 50 | | | |
| | | | | 51 | | | |
| | | | | 51 | | | |
| | | | | 56 | | | |
| | | | | 56 | | | |
| | | | | 56 | | | |
| | | | | 58 | | | |
| | | | | 62 | | |
| Management Fee | | | | | | | |
| Distribution and/or Service (12b-1) Fees | | | | | | | |
| Other Expenses | | | | | | | |
| Total Annual Fund Operating Expenses(a) | | | | | | | |
|
Expense
Waiver/Reimbursement(a) |
| | | | | | |
| Total Annual Fund Operating Expenses After Expense Waiver/Reimbursement | | | | | | |
1
Year |
| |
3 Years
|
| |
5 Years
|
| |
10 Years
|
|
$ |
| |
$ |
| |
$ |
| |
$ |
|
| | |
Return |
| |
Quarter/Year
|
| ||||||
| | | | | | | | | | | |||
| | | | - |
| | | | | | |
| | |
1 Year |
| |
Since Inception(1) |
| ||||||
Returns before taxes | | | | | | | | | | | | ||
Returns after taxes on distributions(2) | | | | | | | | | | | | ||
Returns after taxes on distributions and sales of Fund shares(2) | | | | | | | | | | | | ||
Bloomberg
Municipal All Insured Bond Index |
| | | | | | | | | | |
Name
& Title |
| |
Length of Service with Subadvisor |
| |
Length of Service a Fund’s Portfolio Manager |
|
Michael Petty, Senior Managing Director | | |
Since 2010 |
| |
Since Inception |
|
Frances Lewis, Senior Managing Director | | |
Since 2009 |
| |
Since August 2018 |
|
David Dowden, Managing Director | | |
Since 2009 |
| |
Since Inception |
|
Scott Sprauer, Senior Managing Director | | |
Since 2009 |
| |
Since Inception |
|
John Lawlor, Managing Director | | |
Since 2016 |
| |
Since Inception |
|
Michael Denlinger, Director | | |
Since 2019 |
| |
Since August 2020 |
|
Peter Bartlett, Senior Managing Director | | |
Since 2019 |
| |
Since August 2020 |
|
| Management Fee | | | | | | | |
| Distribution and/or Service (12b-1) Fees | | | | | | | |
| Other Expenses(a) | | | | | | | |
| Total Annual Fund Operating Expenses(b) | | | | | | | |
| Expense Waiver/Reimbursement(b) | | | | | | | |
| Total Annual Fund Operating Expenses After Expense Waiver/Reimbursement | | | | | | |
1
Year |
| |
3 Years
|
|
$ |
| |
$ |
|
Name
& Title |
| |
Length of Service with Subadvisor |
| |
Length of Service as Fund’s Portfolio Manager |
|
Michael Petty, Senior Managing Director | | |
Since 2010 |
| |
Since Inception |
|
Frances Lewis, Senior Managing Director | | |
Since 2009 |
| |
Since Inception |
|
David Dowden, Managing Director | | |
Since 2009 |
| |
Since Inception |
|
Scott Sprauer, Senior Managing Director | | |
Since 2009 |
| |
Since Inception |
|
John Lawlor, Managing Director | | |
Since 2016 |
| |
Since Inception |
|
Michael Denlinger, Director | | |
Since 2019 |
| |
Since August 2020 |
|
Peter Bartlett, Senior Managing Director | | |
Since 2019 |
| |
Since August 2020 |
|
| Management Fee | | | | | | | |
| Distribution and/or Service (12b-1) Fees | | | | | | | |
| Other Expenses | | | | | | | |
| Total Annual Fund Operating Expenses(a) | | | | | | | |
|
Expense
Waiver/Reimbursement(a) |
| | | | | | |
| Total Annual Fund Operating Expenses After Expense Waiver/Reimbursement | | | | | | |
1
Year |
| |
3 Years
|
| |
5 Years
|
| |
10 Years
|
|
$ |
| |
$ |
| |
$ |
| |
$ |
|
| | |
Return |
| |
Quarter/Year
|
| ||||||
| | | | | | | | | | | |||
| | | | - |
| | | | | | |
| | |
1 Year |
| |
Since Inception(1) |
| ||||||
Returns before taxes | | | | | | | | | | | | ||
Returns after taxes on distributions(2) | | | | | | | | | | | | ||
Returns after taxes on distributions and sales of Fund Shares(2) | | | | | | | | | | | | ||
Bloomberg
Municipal Bond Index 1-15 Year Blend |
| | | | | | | | | | |
Name
& Title |
| |
Length of Service with Subadvisor |
| |
Length of Service as Fund’s Portfolio Manager |
|
Michael Petty, Senior Managing Director | | |
Since 2010 |
| |
Since Inception |
|
Frances Lewis, Senior Managing Director | | |
Since 2009 |
| |
Since August 2018 |
|
David Dowden, Managing Director | | |
Since 2009 |
| |
Since Inception |
|
Scott Sprauer, Senior Managing Director | | |
Since 2009 |
| |
Since Inception |
|
John Lawlor, Managing Director | | |
Since 2016 |
| |
Since Inception |
|
Michael Denlinger, Director | | |
Since 2019 |
| |
Since August 2020 |
|
Peter Bartlett, Senior Managing Director | | |
Since 2019 |
| |
Since August 2020 |
|
| Management Fee | | | | | | | |
| Distribution and/or Service (12b-1) Fees | | | | | | | |
| Other Expenses | | | | | | | |
| Acquired Fund Fees and Expenses(a) | | | | | | | |
| Total Annual Fund Operating Expenses(a)(b) | | | | | | | |
| Expense Waiver/Reimbursement(b) | | | | | | | |
| Total Annual Fund Operating Expenses After Expense Waiver/Reimbursement | | | | | | |
1
Year |
| |
3 Years
|
|
$ |
| |
$ |
|
Name
& Title |
| |
Length of Service with Subadvisor |
| |
Length of Service as Fund’s Portfolio Manager |
|
Michael Denlinger, Director | | |
Since 2019 |
| |
Since Inception |
|
John Lawlor, Managing Director | | |
Since 2016 |
| |
Since Inception |
|
Michael Petty, Senior Managing Director | | |
Since 2010 |
| |
Since Inception |
|
Scott Sprauer, Senior Managing Director | | |
Since 2009 |
| |
Since Inception |
|
Fund Name
|
| |
Management
Fee |
| |||
IQ MacKay Municipal Insured ETF | | | | | 0.40% | | |
IQ MacKay Municipal Short Duration ETF | | | | | 0.30% | | |
IQ MacKay Municipal Intermediate ETF | | | | | 0.40% | | |
IQ MacKay California Municipal Intermediate ETF | | | | | 0.45% | | |
Fund Name
|
| |
Total Annual Fund Operating
Expenses After Expense Waiver/Reimbursement |
| |||
IQ MacKay Municipal Insured ETF | | | | | 0.30% | | |
IQ MacKay Municipal Short Duration ETF | | | | | 0.30% | | |
IQ MacKay Municipal Intermediate ETF | | | | | 0.30% | | |
IQ MacKay California Municipal Intermediate ETF | | | | | 0.35% | | |
| | |
IQ MacKay Municipal
Insured ETF |
| |||||||||||||||||||||||||||
| | |
For the Year Ended
April 30, |
| |
For
the Period October 18, 2017(a) to April 30, 2018 |
| ||||||||||||||||||||||||
| | |
2022 |
| |
2021 |
| |
2020 |
| |
2019 |
| ||||||||||||||||||
Net asset value, beginning of period
|
| | | $ | 27.51 | | | | | $ | 25.89 | | | | | $ | 25.61 | | | | | $ | 24.67 | | | | | $ | 25.00 | | |
Income from Investment Operations | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income(b)
|
| | | | 0.36 | | | | | | 0.38 | | | | | | 0.53 | | | | | | 0.72 | | | | | | 0.36 | | |
Net realized and unrealized gain (loss)
|
| | | | (2.71) | | | | | | 1.76 | | | | | | 0.50(c) | | | | | | 0.90 | | | | | | (0.39) | | |
Net increase (decrease)
in net assets resulting from investment operations |
| | | | (2.35) | | | | | | 2.14 | | | | | | 1.03 | | | | | | 1.62 | | | | | | (0.03) | | |
Distributions from: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income |
| | | | (0.49) | | | | | | (0.52) | | | | | | (0.64) | | | | | | (0.68) | | | | | | (0.30) | | |
Net realized gain |
| | | | (0.01) | | | | | | — | | | | | | (0.11) | | | | | | — | | | | | | — | | |
Total distributions
from net investment income and realized gains |
| | | | (0.50) | | | | | | (0.52) | | | | | | (0.75) | | | | | | (0.68) | | | | | | (0.30) | | |
Net asset value, end of period |
| | | $ | 24.66 | | | | | $ | 27.51 | | | | | $ | 25.89 | | | | | $ | 25.61 | | | | | $ | 24.67 | | |
Market price, end of period |
| | | $ | 24.65 | | | | | $ | 27.54 | | | | | $ | 26.00 | | | | | $ | 25.64 | | | | | $ | 24.86 | | |
Total Return | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Total investment return
based on net asset value(d) |
| | | | (8.70)% | | | | | | 8.32% | | | | | | 4.05% | | | | | | 6.72% | | | | | | (0.13)% | | |
Total investment return based on market
price(e)
|
| | | | (8.85)% | | | | | | 7.97% | | | | | | 4.36% | | | | | | 6.02% | | | | | | 0.64%(f) | | |
Ratios/Supplemental Data | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net assets, end of period (000’s omitted)
|
| | | $ | 365,028 | | | | | $ | 444,327 | | | | | $ | 88,035 | | | | | $ | 43,539 | | | | | $ | 14,801 | | |
Ratio to average net assets of: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Expenses net of waivers |
| | | | 0.30% | | | | | | 0.30% | | | | | | 0.30% | | | | | | 0.30% | | | | | | 0.30%(g) | | |
Expenses excluding waivers |
| | | | 0.49% | | | | | | 0.51% | | | | | | 0.57% | | | | | | 0.77% | | | | | | 0.99%(g) | | |
Net investment income |
| | | | 1.31% | | | | | | 1.40% | | | | | | 2.01% | | | | | | 2.89% | | | | | | 2.74%(g) | | |
Portfolio turnover rate(h)
|
| | | | 80% | | | | | | 36% | | | | | | 71% | | | | | | 56% | | | | | | 77% | | |
| | |
IQ MacKay Municipal
Intermediate ETF |
| |||||||||||||||||||||||||||
| | |
For the Year Ended
April 30, |
| |
For
the Period October 18, 2017(a) to April 30, 2018 |
| ||||||||||||||||||||||||
| | |
2022 |
| |
2021 |
| |
2020 |
| |
2019 |
| ||||||||||||||||||
Net asset value, beginning of period
|
| | | $ | 26.82 | | | | | $ | 25.22 | | | | | $ | 25.61 | | | | | $ | 24.67 | | | | | $ | 25.00 | | |
Income from Investment Operations | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income(b)
|
| | | | 0.28 | | | | | | 0.47 | | | | | | 0.53 | | | | | | 0.69 | | | | | | 0.30 | | |
Net realized and unrealized gain (loss)
|
| | | | (2.16) | | | | | | 1.73 | | | | | | 0.16(c) | | | | | | 0.91 | | | | | | (0.39) | | |
Net increase (decrease)
in net assets resulting from investment operations |
| | | | (1.88) | | | | | | 2.20 | | | | | | 0.69 | | | | | | 1.60 | | | | | | (0.09) | | |
Distributions from: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income |
| | | | (0.39) | | | | | | (0.58) | | | | | | (0.67) | | | | | | (0.66) | | | | | | (0.24) | | |
Net realized gain |
| | | | (0.08) | | | | | | (0.02) | | | | | | (0.41) | | | | | | — | | | | | | — | | |
Total distributions
from net investment income and realized gains |
| | | | (0.47) | | | | | | (0.60) | | | | | | (1.08) | | | | | | (0.66) | | | | | | (0.24) | | |
Net asset value, end of period |
| | | $ | 24.47 | | | | | $ | 26.82 | | | | | $ | 25.22 | | | | | $ | 25.61 | | | | | $ | 24.67 | | |
Market price, end of period |
| | | $ | 24.47 | | | | | $ | 26.84 | | | | | $ | 25.22 | | | | | $ | 25.66 | | | | | $ | 24.71 | | |
Total Return | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Total investment return
based on net asset value(d) |
| | | | (7.13)% | | | | | | 8.80% | | | | | | 2.65% | | | | | | 6.59% | | | | | | (0.34)% | | |
Total investment return based on market
price(e)
|
| | | | (7.19)% | | | | | | 8.90% | | | | | | 2.44% | | | | | | 6.62% | | | | | | (0.18)%(f) | | |
Ratios/Supplemental Data | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net assets, end of period (000’s omitted)
|
| | | $ | 229,984 | | | | | $ | 124,700 | | | | | $ | 51,708 | | | | | $ | 43,541 | | | | | $ | 29,606 | | |
Ratio to average net assets of: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Expenses net of waivers |
| | | | 0.30% | | | | | | 0.30% | | | | | | 0.30% | | | | | | 0.30% | | | | | | 0.30%(g) | | |
Expenses excluding waivers |
| | | | 0.51% | | | | | | 0.57% | | | | | | 0.62% | | | | | | 0.71% | | | | | | 0.77%(g) | | |
Net investment income |
| | | | 1.05% | | | | | | 1.78% | | | | | | 2.02% | | | | | | 2.76% | | | | | | 2.28%(g) | | |
Portfolio turnover rate(h)
|
| | | | 74% | | | | | | 43% | | | | | | 77% | | | | | | 72% | | | | | | 80% | | |
| | |
IQ MacKay
California Municipal Intermediate ETF |
| |||
| | |
For the Period December 21, 2021(a) to April 30, 2022 |
| |||
Net asset value, beginning of period
|
| | | $ | 25.00 | | |
Income from Investment Operations | | | | | | | |
Net investment income(b)
|
| | | | 0.13 | | |
Net realized and unrealized gain(loss)
|
| | | | (3.18) | | |
Net increase (decrease) in net assets
resulting from investment operations |
| | | | (3.05) | | |
Distributions from: | | | | | | | |
Net investment income |
| | | | (0.17) | | |
Net asset value, end of period |
| | | $ | 21.78 | | |
Market price, end of period |
| | | $ | 21.80 | | |
Total Return | | | | | | | |
Total investment return based on net
asset value(c)
|
| | | | (12.25)% | | |
Total investment return based on market
price(d)
|
| | | | (12.17)% | | |
Ratios/Supplemental Data | | | | | | | |
Net assets, end of year (000’s omitted)
|
| | | $ | 43,566 | | |
Ratio to average net assets of: | | | | | | | |
Expenses net of waivers/reimbursements(g)
|
| | | | 0.35%(f) | | |
Expenses excluding
waivers/reimbursements(g)
|
| | | | 0.73%(f) | | |
Net investment income (loss)(c)
|
| | | | 1.54%(f) | | |
Portfolio turnover rate(i)
|
| | | | 86% | | |