New York Life Investments Active ETF Trust - NYLI MacKay High Income 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 global region. The fund primarily invests in U.S. corporate debt securities, non-U.S. corporate debt securities, convertible corporate securities, loans and loan participation interests that are rated lower than BBB- and Baa3 by a nationally recognized statistical rating organization (“NRSRO”). The fund invests in high-yield securities. It employs fundamental analysis with bottom-up and top-down security picking approach to create its portfolio. It seeks to benchmark the performance of its portfolio against the Bloomberg U.S. Aggregate Bond Index and the Bloomberg Very Liquid High Yield Index. The fund employs proprietary research to create its portfolio. New York Life Investments Active ETF Trust - NYLI MacKay High Income ETF was formed on October 25, 2022 and is domiciled in the United States.