NYLI MacKay Core Plus Bond ETF

Frequently Asked Questions About CPLB

What does CPLB invest in?

The NYLI MacKay Core Plus Bond ETF (CPLB) is an actively managed fund structured to pursue comprehensive total returns. Positioned as a key offering for contemporary markets, CPLB leverages profound research, a strong emphasis on asset quality, and careful risk management to assist investors in navigating intricate market landscapes.

What is the expense ratio of CPLB?

NYLI MacKay Core Plus Bond ETF (CPLB) charges an expense ratio of 0.35%. This is the annual fee deducted from fund assets to cover management and operations.

What is CPLB's dividend yield?

CPLB's trailing-twelve-month yield is 5.57%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of CPLB?

Effective duration measures CPLB's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. CPLB's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of CPLB?

CPLB's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of CPLB?

Yield to maturity (YTM) is the total return you'd earn from CPLB if every bond in the portfolio is held to maturity at the current price. CPLB's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.