IQ MacKay Securitized Income ETF

SECR

Market cap $165M

On Friday, IndexIQ launched the actively managed IQ MacKay Securitized Income ETF (NYSE Arca:SECR), which invests in investment-grade mortgage-related and asset-backed securities. The new fund is sub-advised by members of the global fixed income team at New York Life Investment Management subsidiary MacKay Shields.

NEW YORK--(BUSINESS WIRE)--IndexIQ launches SECR; new fund provides actively managed solution for accessing opportunities across the structured products landscape.