NYLI MacKay Core Plus Bond ETF
$20.29−0.16 (−0.79%)
- Expense ratio
- 0.35%
- Fund size
- $336M
- 1Y return
- +0.7%
- Yield · Last 12 months
- 5.55%
- Holdings
- 926
- Volume · 30D
- 0.1M sh
- NAV per share
- $20.40
- 52W range
The ETF.net CPLB Grade
Score 63 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.BScore 66Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 93Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.BScore 58Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.DScore 28Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.BScore 55Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.CScore 43Category rank
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
- 926
- 25%
- Government Of The United States Of America 4.375% 31-jul-2033
Sectors
- Energy100.0%
Geography
- United States86.71%
- United Kingdom2.51%
- Canada1.52%
- Australia1.18%
- Ireland1.18%
- Luxembourg0.99%
- France0.93%
- Netherlands0.88%
- 4.10%
CPLB Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 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 | −0.2% |
| 1 month | −0.9% |
| 3 months | −0.9% |
| 1 year | +0.7% |
| 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 | −0.2% | |
| 2025 | +7.7% | |
| 2024 | +4.2% | |
| 2023 | +7.2% | |
| 2022 | −14.5% | |
| 2021 | +0.4% |
CPLB in the news
ETF.net Research hasn’t filed on CPLB yet — coverage lands here as it’s written.
CPLB Dividends
- 5.55%
- $1.13
- $0.09 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Aug 31, 2026 | Sep 2, 2026 | $0.09 |
| Jul 31, 2026 | Aug 4, 2026 | $0.09 |
| Jun 30, 2026 | Jul 2, 2026 | $0.10 |
| May 29, 2026 | Jun 2, 2026 | $0.09 |
| Apr 30, 2026 | May 4, 2026 | $0.10 |
| Mar 31, 2026 | Apr 2, 2026 | $0.10 |
| Feb 27, 2026 | Mar 3, 2026 | $0.09 |
| Jan 30, 2026 | Feb 3, 2026 | $0.10 |
| Dec 30, 2025 | Jan 5, 2026 | $0.09 |
| Dec 1, 2025 | Dec 5, 2025 | $0.10 |
| Nov 3, 2025 | Nov 7, 2025 | $0.10 |
| Oct 1, 2025 | Oct 6, 2025 | $0.10 |
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.
- 0.21
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.
- −18.8%
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
- The middle half of Global Aggregate Bond (Unhedged) funds
- Median 0.41%
9 of the 27 Global Aggregate Bond (Unhedged) funds charge less.