MMSB [delisted] IndexIQ Active ETF Trust -IQ MacKay Multi-Sector Income ETF

The adviser seeks to achieve the fund's investment objective primarily through a flexible multisector investment process that allocates investments across the global fixed-income markets.

The fund, under normal circumstances, invests at least 80% of its assets in a diversified portfolio of debt or debt-related securities.

The adviser will generally seek to maintain a portfolio modified duration to worst that does not exceed the duration of the Bloomberg BarclaysU. S.

Universal Index by more than 1 year.