NYLI MacKay Core Plus Bond ETF
$20.07+0.01 (+0.05%)
- 0.35%
- $336M
- −0.9%
- 5.63%
- 0.1M sh
- $20.00
- low $19.88high $21.60
The ETF.net CPLB Grade
B
Score 63 out of 100
- 12 of 29
Score 63 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.B66 out of 100Rank 10 of 29Mission
Whether the fund did what it promised, tested against its stated mandate.A93 out of 100Rank 11 of 27Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B56 out of 100Rank 13 of 29Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D27 out of 100Rank 25 of 29Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B60 out of 100Rank 15 of 29Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C42 out of 100Rank 23 of 29
Our read on CPLB
BA core bond fund with room to roam: no index to copy, just a global mandate and a total-return goal. The "plus" is the point, and you pay 0.35% a year for that discretion instead of three basis points.
The Fund seeks total return.
Why people hold it
- No benchmark to hug. The stated goal is total return and the mandate reaches globally, so the portfolio is built on judgment rather than an index's weights.
- At 0.35%, it prices just under the typical core bond ETF, which is unusual for a fund picking bonds instead of copying a list.
- Roughly 900 bonds under the hood, with income paid out monthly rather than quarterly.
- What's inside lines up closely with the mandate on the tin, and it sits in the upper half of a crowded core bond field.
Worth knowing
- The index giants (BND, SPAB, SCHZ) charge 0.03%. Active management here costs roughly a third of a percent more every year, before anything else happens.
- A global, total-return mandate gives the manager latitude to hold credit and duration a plain aggregate index wouldn't, so results can diverge from it.
- Volume is moderate rather than heavy, so spreads can run wider than the mega-funds, and the record only starts in 2021.
CPLB Holdings
- Bonds
- 1,058
- 21%
- Government Of The United States Of America 4.375% 31-jul-2033
Sectors
- Financials87.5%
- Energy12.5%
Geography
- United States84.79%
- United Kingdom2.65%
- Canada1.60%
- Luxembourg1.25%
- Australia1.23%
- Ireland1.22%
- France0.94%
- Netherlands0.89%
- 5.43%
CPLB Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.
CPLB$9,911
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | CPLB |
|---|---|
| Year to date | −1.6% |
| 1 month | −1.3% |
| 3 months | −2.3% |
| 1 year | −0.9% |
| 3 years | +6.0% |
| 5 years | +0.3% |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | CPLB |
|---|---|---|
| 2026 YTD | −1.6% | |
| 2025 | +7.7% | |
| 2024 | +4.2% | |
| 2023 | +7.2% | |
| 2022 | −14.5% | |
| 2021 | +0.4% |
CPLB in the news
CPLB Dividends
- 5.63%
- $1.13
- $0.09 per share
- Monthly
Distribution history
CPLB Risk
- 5.5%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.23
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −18.5%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.92
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
CPLB Cost
0.35%
CPLB0.35%
- The middle half of Global Aggregate Bond (Unhedged) funds
- Median 0.45%
9 of the 28 Global Aggregate Bond (Unhedged) funds charge less.
Other funds in Global Aggregate Bond (Unhedged)
- BAPLUAllspring Core Plus ETFExpense ratio 0.31%1 year return −2.1%
- BBINCiShares Flexible Income Active ETFExpense ratio 0.52%1 year return +1.6%
- BPYLDPIMCO Multisector Bond Active Exchange-Traded FundExpense ratio 0.74%1 year return +1.3%
- BNFLTVirtus Newfleet Multi-Sector Bond ETFExpense ratio 0.50%1 year return +1.7%
- BBRTRiShares Total Return Active ETFExpense ratio 0.41%1 year return −1.7%