NPORT-EX 2 217661INDEXIQ022823.htm

 

Schedule of Investments — IQ MacKay California Municipal Intermediate ETF

January 31, 2023 (unaudited)

 

   Principal
Amount		   Value 
Municipal Bonds — 96.1%    
     
California — 85.8%    
Cabrillo Community College District, General Obligation Bonds          
 Series A          
4.000%, due 8/1/32   $500,000   $549,683 
California Community Choice Financing Authority, Revenue Bonds          
4.000%, due 10/1/52(a),(b)    1,000,000    1,014,837 
 Series A1          
4.000%, due 5/1/53(a),(b)    2,000,000    2,030,789 
California Community Housing Agency, Revenue Bonds          
 Series A          
5.000%, due 4/1/49    500,000    445,676 
California Health Facilities Financing Authority, Revenue Bonds          
 Series C          
5.000%, due 6/1/41(a),(b)    1,250,000    1,457,688 
California Infrastructure & Economic Development Bank, Revenue Bonds          
 Series A          
3.650%, due 1/1/50(a),(b)    1,000,000    999,976 
 Series B          
3.000%, due 10/1/47(a),(b)    1,140,000    1,160,200 
5.000%, due 11/1/29    800,000    938,387 
California Municipal Finance Authority, Revenue Bonds          
4.000%, due 7/15/29    1,000,000    990,451 
 Series A          
2.400%, due 10/1/44(a),(b)    1,140,000    1,040,469 
4.125%, due 10/1/41(a),(b)    1,000,000    1,007,394 
California Public Finance Authority, Revenue Bonds          
 Series A          
4.000%, due 7/15/36    500,000    528,863 
California State Public Works Board, Revenue Bonds          
 Series A          
5.000%, due 3/1/29    1,000,000    1,002,345 
City of Long Beach CA Airport System Revenue, Revenue Bonds          
 Series A  Insured: AGM          
5.000%, due 6/1/32    200,000    242,877 
 Series B  Insured: AGM          
5.000%, due 6/1/32    200,000    242,877 
City of Victorville CA Electric Revenue, Revenue Bonds          
 Series A          
5.000%, due 5/1/38    1,000,000    1,081,717 
Compton Unified School District, General Obligation Bonds          
 Series B  Insured: BAM          
5.000%, due 6/1/29    750,000    838,039 
East Bay Municipal Utility District Water System Revenue, Revenue Bonds          
 Series A          
4.000%, due 6/1/33    1,000,000    1,035,674 
East Side Union High School District, General Obligation Bonds          
5.000%, due 8/1/27    800,000    809,967 
Kern Community College District, General Obligation Bonds          
 Series D          
5.000%, due 8/1/32    625,000    779,360 
Kern County Water Agency Improvement District No 4, Revenue Bonds          
 Series A  Insured: AGM          
5.000%, due 5/1/28   500,000   543,885 
Los Angeles County Metropolitan Transportation Authority Sales Tax Revenue, Revenue Bonds          
 Series A          
5.000%, due 6/1/32    500,000    547,254 
Modesto Irrigation District, Revenue Bonds          
 Series A          
5.000%, due 10/1/40    1,000,000    1,044,352 
Mount Diablo Unified School District, General Obligation Bonds          
 Series B          
4.000%, due 8/1/29    1,265,000    1,404,733 
Municipal Improvement Corp. of Los Angeles, Revenue Bonds          
 Series A          
5.000%, due 11/1/29    1,000,000    1,176,393 
 Series B          
5.000%, due 11/1/30    575,000    634,929 
Norman Y Mineta San Jose International Airport SJC, Revenue Bonds          
 Series A          
5.000%, due 3/1/29    1,500,000    1,666,349 
Oakland Unified School District/Alameda County, General Obligation Bonds          
 Series A  Insured: AGM          
5.000%, due 8/1/31    1,000,000    1,117,236 
Orange County Sanitation District, Revenue Bonds          
 Series A          
5.000%, due 2/1/30    500,000    519,998 
Peralta Community College District, General Obligation Bonds          
 Series A          
4.000%, due 8/1/39    500,000    503,083 
Ravenswood City School District, General Obligation Bonds          
  Insured: AGM          
5.250%, due 8/1/45    1,000,000    1,124,429 
River Islands Public Financing Authority, Special Tax          
 Series A1  Insured: AGM          
5.000%, due 9/1/30    350,000    407,921 
5.000%, due 9/1/42    500,000    552,095 
Sacramento City Unified School District, General Obligation Bonds          
  Insured: BAM          
5.000%, due 7/1/30    655,000    772,395 
San Diego County Regional Airport Authority, Revenue Bonds          
 Series B          
5.000%, due 7/1/33    1,000,000    1,131,807 
San Francisco Bay Area Rapid Transit District, General Obligation Bonds          
 Series A          
5.000%, due 8/1/33    860,000    965,506 
San Francisco City & County Airport Comm-San Francisco International Airport, Revenue Bonds          
 Series A          
5.500%, due 5/1/28    1,250,000    1,257,903 

 

 

 

 

Schedule of Investments — IQ MacKay California Municipal Intermediate ETF (continued)

January 31, 2023 (unaudited)

 

   Principal
Amount		   Value 
Municipal Bonds (continued)          
           
California (continued)          
San Francisco Unified School District, General Obligation Bonds          
 Series B          
4.000%, due 6/15/31   $1,000,000   $1,086,202 
San Jose Evergreen Community College District, General Obligation Bonds          
 Series B          
4.000%, due 9/1/31    955,000    1,043,403 
San Juan Unified School District, General Obligation Bonds          
 Series N          
4.000%, due 8/1/31    1,000,000    1,056,074 
San Mateo Union High School District, General Obligation Bonds          
 Series B          
4.000%, due 9/1/34    455,000    494,053 
South San Francisco Public Facilities Financing Authority, Revenue Bonds          
 Series A          
5.000%, due 6/1/36    620,000    706,130 
Southern California Public Power Authority, Revenue Bonds          
5.000%, due 7/1/30    1,210,000    1,237,437 
State of California, General Obligation Bonds          
5.000%, due 4/1/29    1,000,000    1,170,419 
5.000%, due 10/1/31    500,000    613,484 
Torrance Unified School District, General Obligation Bonds          
4.250%, due 8/1/33    1,320,000    1,388,310 
University of California, Revenue Bonds          
 Series AI          
5.000%, due 5/15/33    750,000    755,378 
         43,118,427 
Guam — 6.1%          
Guam Power Authority, Revenue Bonds          
 Series A          
5.000%, due 10/1/33    1,000,000    1,061,556 
Territory of Guam, Revenue Bonds          
 Series D          
5.000%, due 11/15/27    585,000    607,205 
 Series F          
5.000%, due 1/1/30    1,250,000    1,376,491 
         3,045,252 
Puerto Rico — 4.3%          
Commonwealth of Puerto Rico, General Obligation Bonds          
 Series A          
5.300%, due 7/1/33(c)    2,688    1,557 
 Series A1          
4.000%, due 7/1/35    251,878    228,781 
5.375%, due 7/1/25    700,326    716,418 
5.750%, due 7/1/31    971,203    1,053,292 
Commonwealth of Puerto Rico, Notes          
0.000%, due 11/1/51(a),(b)    106,795    33,774 
University of Puerto Rico, Revenue Bonds          
 Series P Insured: NATL-IBC          
5.000%, due 6/1/25    120,000    120,143 
         2,153,965 
Total Municipal Bonds          
(Cost $47,326,651)         48,317,644 

 

   Shares   Value 
Short-Term Investment — 2.9%          
Money Market Fund — 2.9%          
Dreyfus Tax Exempt Cash Management -  Institutional, 1.66%(d)          
(Cost $1,436,760)    1,436,904   $1,436,760 
           
Total Investments — 99.0%          
(Cost $48,763,411)         49,754,404 
Other Assets and Liabilities, Net — 1.0%         540,703 
Net Assets — 100.0%        $50,295,107 

 

 

(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, 2023.
(b) Adjustable rate security with an interest rate that is not based on a published reference index and spread. The rate is based on the structure of the agreement and current market conditions.
(c) The security was issued on a discount basis with no stated coupon rate. Rate shown reflects the effective yield.
(d) Reflects the 7-day yield at January 31, 2023.

 

Abbreviations
AGM  - Assured Guaranty Municipal Corp.
BAM  - Build America Mutual Assurance Co.
NATL  - National Public Finance Guarantee Corp.
 

 

 

 

 

Schedule of Investments — IQ MacKay California Municipal Intermediate ETF (continued)

January 31, 2023 (unaudited)

 

The following is a summary of the inputs used to value the Fund's investments as of January 31, 2023. 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:(e)                    
Municipal Bonds   $–   $48,317,644   $–   $48,317,644 
Short-Term Investment:                    
Money Market Fund    1,436,760    –    –    1,436,760 
Total Investments in Securities   $1,436,760   $48,317,644   $–   $49,754,404 

 

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

 

For the period ended January 31, 2023, the Fund did not have any transfers into or out of Level 3 within the fair value hierarchy.