NYLI CBRE Real Assets ETF
IQRA
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Income
- Address
- 51 Madison Avenue New York NY United States of America 10010
- IPO Date
- May 10, 2023
- CIK
- 0001415995
- Website
- newyorklifeinvestments.com
- Similar Companies
- Business
- NYLI CBRE Real Assets ETF (IQRA) is an actively managed exchange-traded fund that seeks total return through capital growth and current income by investing primarily in income-producing common equity securities of global listed real estate and infrastructure companies; it may also invest in preferred equity securities, focusing on essential assets across traditional and next-generation sectors with regulated or contractual cash flows, stable income growth potential, and inflation-hedging characteristics. The fund provides exposure to a diversified portfolio of real assets, including holdings such as Welltower Inc., Simon Property Group Inc., Equinix Inc., NextEra Energy Inc., and Targa Resources Corp., with approximately 58% in U.S. stocks, 41% in non-U.S. stocks, and allocations across regions like the Eurozone, Japan, and the United Kingdom. Launched on May 9, 2023, by IndexIQ, an indirect wholly owned subsidiary of New York Life Investment Management Holdings LLC and advisor to the fund, IQRA is sub-advised by CBRE Investment Management Listed Real Assets LLC and trades on NYSE Arca with headquarters aligned to New York Life Investments in Jersey City, New Jersey. The fund targets investors seeking portfolio diversification, income generation from dividend-paying equities, and real assets exposure to complement traditional stock and bond allocations in global real estate and infrastructure segments. It operates globally, with investments in public equity markets across developed and emerging regions, and emphasizes active management by a team led by Joseph Smith, Jeremy Anagnos, Jonathan Miniman, and Daniel Foley, who average nearly 25 years of experience in real estate and infrastructure portfolio management. In recent developments, effective in 2024, New York Life Investments rebranded its IndexIQ ETF lineup, including IQRA, to NYLI branding as part of a strategic unification of its MainStay and IndexIQ product ranges to enhance market positioning and distribution through its platforms. This renaming builds on the fund's original launch partnership between IndexIQ and CBRE Investment Management, which continues to leverage CBRE's global research and insights for active sector and stock positioning amid ongoing market volatility and inflation concerns. No major acquisitions, funding rounds, or new product launches specific to IQRA have been reported in the last 1-2 years, with assets under management remaining around $6 million as of late 2025.