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26.10 Down -0.01 -0.04%
DETAILS
Symbol Value ($)
Previous Close 26.11
Open 26.25
Day's High 26.25
Day's Low 26.08
Volume 8,692
Bid 25.90
Bid Size 100
Ask 26.32
Ask Size 100
52-Wk High 26.35
52-Wk Low 24.10
Beta 0.25
YTD NAV Return +5.31
YTD Market Return +3.78
Inception Date 11/17/2009
Shares Outstanding 550,000.00
  • Last trade 6/19/2013 11:19 AM ET
INVESTMENT OBJECTIVE
NA
The investment seeks investment results that correspond generally to the price and yield performance of its underlying index, the IQ Merger Arbitrage Index. The fund employs a "passive management" to track the performance of the underlying index, which was developed by Financial Development Holdco LLC ("IndexIQ"). The underlying index seeks to employ a systematic investment process designed to identify opportunities in companies whose equity securities trade in developed markets, including the U.S., and which are involved in announced mergers, acquisitions and other buyout-related transactions. It is non-diversified.
PERFORMANCE
Symbol Value ($)
1 Month 2.27%
3 Months 3.03%
1 Year 4.97%
3 Years* 1.03%
5 Years* NA
  • * Annualized returns
  • Data through 6/18/2013 12:00 AM ET
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Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.

Financial data in US dollars | Page generated 11:50 AM ET
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[BRIEFING.COM] The major averages continue to hover near their lows with the S&P 500 off by 0.2%. Yesterday's top performer, the industrial sector, is among the early laggards today as defense companies lag. General Electric (GE 24.15, -0.18) trades ... More
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