Symbols

SECR

NYLI MacKay Securitized Income ETF·NYSE

--(--)

Key Stats

Assets Under Management

156.21MUSD

Fund Flows (1Y)

-2.58MUSD

Dividend Yield

5.96%

Discount/Premium to NAV

-0.00%

Shares Outstanding

6.10M

Expense Ratio

0.28%

About NYLI MacKay Securitized Income ETF

Issuer

New York Life Investment Management LLC

Brand

New York Life Investments

Home Page

https://www.newyorklifeinvestments.com/etf/nyli-mackay-securitized-income-etf-secr?ticker=SECR

Inception Date

May 31, 2024

Structure

Open-Ended Fund

Index Tracked

Management Style

Active

Dividend Treatment

Distributes

Distribution Tax Treatment

Ordinary income

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

New York Life Investment Management LLC

Distributor

ALPS Distributors, Inc.

SECR seeks total return, emphasizing current income by investing in a diversified portfolio of securitized fixed income securities. The underlying securities may include commercial mortgage-backed securities, asset-backed securities, agency and non-agency residential mortgage-backed securities, collateralized mortgage obligations, and collateralized loan obligations. It may also hold agency mortgage-backed securities and fixed-rate or adjustable-rate securities. Up to 20% of the portfolio may be allocated to high-yield ratings and comparable unrated debt. Constituents are selected using a top-down and bottom-up approach, incorporating analysis of market risk, financial market conditions, real economic developments, and areas of credit excess. The fund aims for a weighted average duration within 1.5 years of the Bloomberg US Securitized Index but may invest in securities of any maturity or duration.