NYLI MacKay Core Plus Bond ETF
CPLB
New York Stock Exchange Arca21.26
USD
-0.01
(+0.16%)
ISIN
US45409F7859
CUSIP
45409F785
Return %
Stock
S&P500
1Y
0.76
26.53
3Y
0.61
76.60
5Y
-15.03
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
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
- Jun 29, 2021
- Website
- newyorklifeinvestments.com
- Similar Companies
- Business
- NYLI MacKay Core Plus Bond ETF NYLI MacKay Core Plus Bond ETF (CPLB) is an actively managed exchange-traded fund that seeks total return through a diversified portfolio of fixed income securities, including corporate bonds, government securities, mortgage-backed securities, asset-backed securities, high yield bonds, commercial mortgage-backed securities, collateralized loan obligations, and sovereign debt; it employs a top-down and bottom-up investment process with a focus on risk-adjusted returns, disciplined security analysis, and portfolio-level risk controls, targeting a modified duration to worst within 2.5 years of the Bloomberg U.S. Aggregate Bond Index benchmark while allocating up to 30% to high yield bonds and up to 20% to foreign issuers. The fund, subadvised by MacKay Shields LLC—an affiliate of New York Life Investment Management LLC—trades on NYSE Arca, holds approximately 646 securities with an effective duration of 5.38 years and weighted average maturity of 11.87 years, and pays monthly distributions from net investment income. Launched on June 29, 2021, and headquartered in New York, New York, through its sponsor New York Life Investments Active ETF Trust, CPLB serves intermediate core-plus bond investors seeking exposure to U.S. dollar-denominated investment-grade and non-investment-grade debt across developed markets, with sector allocations emphasizing industrials, financial institutions, MBS passthroughs, and CMBS. Effective December 4, 2024, the fund—formerly IQ MacKay ESG Core Plus Bond ETF—underwent a name change and strategic shift by removing its environmental, social, and governance investing criteria to broaden its investment approach; in March 2025, the Board of Trustees approved a management fee reduction to 0.35% (with total annual operating expenses after waiver at 0.35%), reflecting ongoing cost optimization amid total net assets of approximately $283 million.