SECR – NYLIM MacKay Securitized Income ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks total return with an emphasis on current income. 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 securitized assets, which include commercial mortgage-backed securities (CMBS), asset-backed securities (ABS), agency and non-agency residential mortgage-backed securities (RMBS), collateralized mortgage obligations (CMOs), and collateralized loan obligations (CLOs).

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
SECR	NYLIM MacKay Securitized Income ETF	ETF	Open	—		May 30, 2024	$159.97M	0.280%	—	—	$16.58M

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