The NYLI MacKay Core Plus Bond ETF, trading under the ticker CPLB, is a versatile investment vehicle that offers exposure to a broad spectrum of credit opportunities. Situated within the Broad Market category, this ETF is designed for investors seeking a comprehensive approach to fixed-income investment. The fund's focus on Broad-based strategies ensures a diversified portfolio encompassing a wide array of credit instruments, which include corporate bonds, government securities, and other high-quality debt instruments.
CPLB sets itself apart by targeting Broad Credit across a spectrum of Broad Maturities, offering investors a balanced blend of short, medium, and long-term bonds. This approach aims to optimize returns while managing risk, catering to investors who are looking for stability and income generation over varied time horizons. With the expertise of NYLI MacKay Shields guiding its strategy, the ETF is well-positioned to navigate changing market dynamics, adapting to interest rate shifts and economic conditions.
Investors in CPLB can benefit from its strategic flexibility, which allows the fund to dynamically adjust its holdings in response to market opportunities, ensuring a robust and resilient portfolio. Whether you're a seasoned investor seeking to enhance your fixed-income allocation or a newcomer looking for a core bond holding, the NYLI MacKay Core Plus Bond ETF offers a compelling option with its broad credit exposure and flexible maturity strategy.
NYLI MacKay Core Plus Bond ETF (CPLB) Fund Flow Chart
NYLI MacKay Core Plus Bond ETF (CPLB) 1 year Net Flows: $81M
CPLB ETF FAQ
What was CPLB’s price range in the past 12 months?
CPLB lowest ETF price was $20.40 and its highest was $21.91 in the past 12 months.
What is the AUM of CPLB?
As of Feb 21, 2025 The AUM of CPLB is 297.96M.
Is CPLB overvalued?
Not enough analysts have published a price target to calculate whether the price is overvalued.
Does CPLB pay dividends?
CPLB pays a Monthly dividend of $0.078 which represents an annual dividend yield of 5.23%. See more information on CPLB dividends here
How many shares outstanding does CPLB have?
CPLB has 14,846,449 shares outstanding.
Which hedge fund is a major shareholder of CPLB?
Among the largest hedge funds holding CPLB’s share is Stewardship Advisors, LLC. It holds CPLB’s shares valued at 4M.