AGGE

Fund Description
IQ Enhanced Core Bond U.S. ETF (AGGE) seeks investment results that track (before fees and expenses) the price and yield performance of the IQ Enhanced Core Bond U.S. Index (the Index ). AGGE invests primarily, through exchange-traded products (ETPs), in U.S. Treasurys, U.S. investment grade corporate bonds, and U.S. investment grade mortgage-backed securities. The Index seeks to outperform the U.S. dollar-denominated, taxable, fixed income universe by using a momentum investing strategy, which seeks to capitalize on the persistence of ongoing trends in the market.Momentum is measured by comparing a short-horizon (45-day) moving average of returns to a longer-horizon (90-day) moving average of returns, while taking into account recent volatility of each sector. The Index weighs each of the fixed income sectors based on the total return momentum of each sector. The Index includes ETPs of U.S. dollar issued debt securities, uses a rules-based construction methodology, and is rebalanced monthly.
Fund Profile
Fund Name IQ Enhanced Core Bond U.S. ETF
Fund Exchange Ticker AGGE
Fund Sponsor Index IQ
Fund ISIN US45409B4876
Net Expense Ratio 0.30 %
Fund Inception Date 10 May 2016
Fund Legal Structure ETF (Open end fund)
Exchange NYSE Arca
Listing Country Code US
Fund Investment Objective
ETF Type Specific Bonds - Broad Market
Asset Class Bonds
Index Linked Passive
Index Name IQ Enhanced Core Plus Bond U.S. Index
Index Provider IndexIQ
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Developed Market Funds
Bond Type Broad Market
Credit Quality Investment Grade Only
Average Maturity Fund Holds All Maturity Ranges
Bond Currency Denomination USD
Key Statistics
Return As of Date 21 August 2019
Asset Under Management 82.54 Million (USD)
1 Month Total Return 1.97 %
Year To Date Return 5.99 %
1 Year Total Return 6.91 %
3 Year Annualized Total Return 0.91 %
NAV 19.4205
Share Outstanding 4,250,000
Top 10 Holdings (21 August 2019)
Constituent Name Constituent Ticker Constituent Type Weighting
ISHARES MBS ETF MBB ETF 0.3168773078
VANGUARD MORTGAGE-BACKED SEC VMBS ETF 0.1726612219
VANGUARD S/T CORP BOND ETF VCSH ETF 0.1283760856
VANGUARD LONG-TERM CORP BOND VCLT ETF 0.1259064689
VANGUARD INT-TERM CORPORATE VCIT ETF 0.1060234252
ISHARES BROAD USD INVESTMENT USIG ETF 0.0716100184
SPDR PORTFOLIO INTERMEDIATE SPIB ETF 0.0476222979
SPDR PORT LNG TRM CORP BND SPLB ETF 0.0256502783
SPDR BLOOMBERG BARCLAYS MORTGAGE BACKED BOND ETF BOND 0.0046443259
DREY INST PREF GOV MM INST 6546 BOND 0.0007656990