CPLB

NYLI MacKay Core Plus Bond ETF

$21.24

+0.00%

Market closed. Last update: 11:54 AM ET

📎 Investment Objective

The NYLI MacKay Core Plus Bond ETF (CPLB) seeks to provide current income and capital appreciation by investing primarily in a diversified portfolio of fixed-income securities.

Overview

ETF tracking NYLI MacKay Core Plus Bond ETF

Category Fixed Income

Issuer Other

Inception Date 2021-06-29

Market Cap $288.9M

Average Volume N/A

Dividend Yield 4.56%

52-Week Range $20.64 - $21.54

VWAP $21.24

Performance

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Investment Summary

📎 Investment Objective

The NYLI MacKay Core Plus Bond ETF (CPLB) seeks to provide current income and capital appreciation by investing primarily in a diversified portfolio of fixed-income securities.

🎯 Investment Strategy

The fund invests in a broad range of investment-grade and high-yield fixed-income securities, including U.S. government bonds, corporate bonds, mortgage-backed securities, and other debt instruments. The portfolio is actively managed, with the goal of generating attractive risk-adjusted returns through security selection and sector allocation.

✨ Key Features

Broad exposure to the core plus fixed-income market
Actively managed portfolio to capitalize on market opportunities
Potential for current income and capital appreciation
Low expense ratio of 0.00%

⚠️ Primary Risks

Interest rate risk: The value of the fund's investments may decline when interest rates rise
Credit risk: The fund is exposed to the risk of issuers defaulting on their debt obligations
Liquidity risk: Some fixed-income securities may be difficult to sell, especially during times of market stress
Sector concentration risk: The fund may have significant exposure to certain sectors, which could increase volatility

👤 Best For

The NYLI MacKay Core Plus Bond ETF may be suitable for investors seeking a diversified fixed-income investment with the potential for current income and capital appreciation. It may be appropriate for investors with a moderate risk tolerance and a medium-term investment horizon.