NYLI MacKay High Income ETF (IQHI)

NYLI MacKay High Income ETF (IQHI) is an exchange-traded fund in the High Yield Bond category. It has $109.40M in assets, an expense ratio of 0.41% and a 8.24% dividend yield. The fund seeks to achieve its investment objective through investments in debt instruments offering attractive levels of yield. The fund will, under normal circumstances, invest at least 80% of its assets (net assets plus the amount of any borrowings for investment purposes) in high-yield corporate debt instruments, including all types of high-yield domestic and foreign corporate debt securities that are rated below investment grade by a NRSRO (such securities rated lower than BBB- and Baa3), o…