Filings Digest
11 Strive funds will move to NYSE Arca on Dec. 15
NYLI MacKay Core Plus Bond ETF
The ETF.net CPLB Grade
B
Score 68 out of 100
- 8 of 29
Score 68 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.A80 out of 100Rank 6 of 29Mission
Whether the fund did what it promised, tested against its stated mandate.A94 out of 100Rank 12 of 27Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B57 out of 100Rank 12 of 29Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D33 out of 100Rank 23 of 29Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C50 out of 100Rank 17 of 29Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C43 out of 100Rank 22 of 29
Our read on CPLB
In short
BBorn in 2021 as an ESG bond fund, CPLB dropped the screens in December 2024 and came back as a plain actively managed core plus bond ETF from MacKay Shields, at 0.30% net of a waiver through August 28, 2027.
Stated mandate
The Fund seeks total return.
Why people hold it
Worth knowing
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$10,057
Returns run to the Nov 2, 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 | 0.0% |
| 1 month | +2.1% |
| 3 months | −0.2% |
| 1 year | +0.6% |
| 3 years | +6.5% |
| 5 years | +0.6% |
| 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 | 0.0% | |
| 2025 | +7.7% | |
| 2024 | +4.2% | |
| 2023 | +7.2% | |
| 2022 | −14.5% | |
| 2021 | +0.4% |
CPLB in the news
CPLB Dividends
- 5.98%
- $1.21
- $0.08 per share
- Monthly
CPLB Risk
- 5.4%
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.
- 0.45
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.
FMP measures it over up to five years of monthly returns.
CPLB Cost
Overpaying vs BNDW, cheapest in Global Aggregate Bond (Unhedged)
$5,089
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
CPLB 0.30%
$6,149
BNDW 0.05% Cheapest
$1,060
Cost over time
Year by year
| Year | CPLB | BNDW | Overpaying |
|---|---|---|---|
| 10 | $545 | $92 | $453 |
| 20 | $2,113 | $360 | $1,753 |
| 30 | $6,149 | $1,060 | $5,089 |
You pay 0.30%Waived by NY Life Investments 0.14%
Full fee 0.44% waiver 0.14% you pay 0.30%
Other funds in Global Aggregate Bond (Unhedged)
- AFBNDFidelity Total Bond ETFExpense ratio 0.36%1 year return −0.2%
- BBINCiShares Flexible Income Active ETFExpense ratio 0.40%1 year return +1.1%
- BFLXRTCW Flexible Income ETFExpense ratio 0.40%1 year return +1.8%
- BAPLUAllspring Core Plus ETFExpense ratio 0.31%1 year return −0.7%
- BSDFIAB Short Duration Income ETFExpense ratio 0.30%1 year return +2.2%
