Key stats
About NYLI MacKay Core Plus Bond ETF
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Inception date
Jun 29, 2021
Structure
Open-Ended Fund
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Ordinary income
Primary advisor
New York Life Investment Management LLC
Distributor
Alps Distributors, Inc.
CPLB uses an active strategy to provide diverse bond market exposure, while managing interest rate sensitivity. Holdings may include a variety of bonds, including those issued by U.S. and foreign governments, corporations, and supranational entities. It can invest in both fixed and floating rate bonds, including mortgage-related and asset-backed securities. Up to 30% of the Funds total assets may be in junk bonds. It can invest up to 20% of assets in foreign securities, including up to 10% in emerging markets, and 20% in non-U.S. currency securities. Up to 5% may be in common stocks or equity-related securities. The Fund uses derivatives for hedging or return enhancement purposes. It may also engage in practices such as mortgage dollar rolls, TBA transactions, and when-issued securities. Prior to Aug. 28, 2024, the fund name was branded under IndexIQ. Between August 2024 and December 4, 2024, the fund name was NYLI MacKay ESG Core Plus Bond ETF and traded under the ticker ESGB.
Classification
What's in the fund
Exposure type
Corporate
Securitized
Government
Stock breakdown by region
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