IQ S&P High Yield Low Volatility Bond ETF
HYLV
New York Stock Exchange Arca- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- 51 Madison Avenue New York NY United States of America 10010
- IPO Date
- Feb 14, 2017
- CIK
- 0001415995
- Similar Companies
- Business
- IQ S&P High Yield Low Volatility Bond ETF (HYLV) is an exchange-traded fund that seeks investment results corresponding generally to the price and yield performance of the S&P U.S. High Yield Low Volatility Corporate Bond Index. The fund primarily invests in a portfolio of USD-denominated high-yield corporate bonds exhibiting low sensitivity to credit spread widening, low volatility, and other risk characteristics; it targets bonds with potentially reduced price fluctuations relative to broader high-yield segments, holding approximately 400 securities across corporate issuers with diversified sector exposure including energy, consumer cyclicals, and communications. Subadvised historically by MacKay Shields, a fixed income specialist under New York Life Investment Management, HYLV provides income-oriented exposure to U.S. high-yield fixed income with a focus on risk mitigation through index-based selection criteria. Launched on February 15, 2017, by IndexIQ ETF Trust, an indirect wholly owned subsidiary of New York Life Investment Management headquartered in New York City, the ETF operates within the high-yield bond segment targeting institutional and retail investors seeking higher yields with lower volatility profiles. Geographically, HYLV focuses exclusively on U.S.-dominated high-yield corporate debt instruments denominated in USD, with no significant international exposure. In a major strategic shift announced on December 9, 2022, IndexIQ ETF Trust approved the complete liquidation and dissolution of HYLV alongside four other ETFs as part of a routine product suite review to align with evolving client needs. Trading on NYSE Arca ceased on January 31, 2023, with shareholder proceeds distributed on or about February 7, 2023, marking the fund's termination without subsequent relaunches or acquisitions. Prior to liquidation, no notable partnerships, funding rounds, or new product developments were reported in the preceding years.