New York Life Investments Active ETF Trust - NYLI MacKay Core Plus Bond ETF is an exchange traded fund launched and managed by New York Life Investment Management LLC. The fund is co-managed by MacKay Shields LLC. The fund invests in the fixed income markets of countries across the globe. The fund primarily invests in bonds, which include all types of debt securities, such as debt or debt-related securities issued or guaranteed by the U.S. or foreign governments, their agencies or instrumentalities, obligations of international or supranational entities, debt securities issued by U.S. or foreign corporate entities, zero coupon bonds, municipal bonds, mortgage-related and other asset-backed securities, and loan participation interests. The fund seeks to invest in securities of any maturity. It employs fundamental analysis with bottom-up and top-down security picking approach to create its portfolio. The fund seeks to benchmark the performance of its portfolio against the Bloomberg U.S. Aggregate Bond Index and the Core Plus Bond Blended Index comprising of 80% the Bloomberg U.S. Aggregate Bond Index and 20% the ICE BofA U.S. High Yield Constrained Index. New York Life Investments Active ETF Trust - NYLI MacKay Core Plus Bond ETF was formed on June 18, 2021 and is domiciled in the United States.