New York Life Investments Announces Renaming of its MainStay and IndexIQ Fund Lineup
The product renaming will connect the product range with the New York Life Investments brand
NEW YORK, June 10, 2024 – New York Life Investments (“NYLI”) today announced that effective on the dates shown below, its MainStay and IndexIQ products will be renamed to better align with the strength of its brand and ensure its products are more easily recognizable.
“This is an exciting chapter in the evolution of our business, which we believe will create more distinction in the market, and greater brand clarity and consistency for New York Life Investments and our boutiques,” said Kirk Lehneis, Chief Operating Officer and Head of U.S. Retail at New York Life Investments.
The changes will be reflected as follows:
MAINSTAY FUNDS
CURRENT FUND NAME
NEW FUND NAME
Listed Closed-End Funds*
MainStay CBRE Global Infrastructure Megatrends Term Fund
MainStay MacKay DefinedTerm Municipal Opportunities Fund
NYLI CBRE Global Infrastructure Megatrends Term Fund
NYLI MacKay DefinedTerm Muni Opportunities Fund
Closed-End Interval Fund*
MainStay MacKay Municipal Income Opportunities Fund
NYLI MacKay Muni Income Opportunities Fund
Open-End Funds*
MainStay Balanced Fund
MainStay Candriam Emerging Markets Debt Fund
MainStay Candriam Emerging Markets Equity Fund
MainStay CBRE Global Infrastructure Fund
MainStay CBRE Real Estate Fund
MainStay Conservative ETF Allocation Fund
MainStay Conservative Allocation Fund
MainStay Cushing® MLP Premier Fund
MainStay Epoch Capital Growth Fund
MainStay Epoch Global Equity Yield Fund
MainStay Epoch International Choice Fund
MainStay Epoch U.S. Equity Yield Fund
MainStay Equity Allocation Fund
MainStay Equity ETF Allocation Fund
MainStay Fiera SMID Growth Fund
MainStay Floating Rate Fund
MainStay Growth Allocation Fund
MainStay Growth ETF Allocation Fund
MainStay Income Builder Fund
MainStay MacKay Arizona Muni Fund
MainStay MacKay California Tax Free Opportunities Fund
MainStay MacKay Colorado Muni Fund
MainStay MacKay Convertible Fund
MainStay MacKay High Yield Corporate Bond Fund
MainStay MacKay High Yield Municipal Bond Fund
MainStay MacKay New York Tax Free Opportunities Fund
MainStay MacKay Oregon Muni Fund
MainStay MacKay Short Duration High Income Fund
MainStay MacKay Short Term Municipal Fund
MainStay MacKay Strategic Bond Fund
MainStay MacKay Strategic Municipal Allocation Fund
MainStay MacKay Tax Free Bond Fund
MainStay MacKay Total Return Bond Fund
MainStay MacKay U.S. Infrastructure Bond Fund
MainStay MacKay Utah Muni Fund
MainStay Moderate Allocation Fund
MainStay Moderate ETF Allocation Fund
MainStay Money Market Fund
MainStay PineStone Global Equity Fund
MainStay PineStone International Equity Fund
MainStay PineStone U.S. Equity Fund
MainStay S&P 500 Index Fund
MainStay Short Term Bond Fund
MainStay U.S. Government Liquidity Fund
MainStay WMC Growth Fund
MainStay WMC International Research Equity Fund
MainStay WMC Small Companies Fund
MainStay Winslow Large Cap Growth Fund
MainStay WMC Enduring Capital Fund
MainStay WMC Value Fund
NYLI Balanced Fund
NYLI Candriam Emerging Markets Debt Fund
NYLI Candriam Emerging Markets Equity Fund
NYLI CBRE Global Infrastructure Fund
NYLI CBRE Real Estate Fund
NYLI Conservative ETF Allocation Fund
NYLI Conservative Allocation Fund
NYLI Cushing® MLP Premier Fund
NYLI Epoch Capital Growth Fund
NYLI Epoch Global Equity Yield Fund
NYLI Epoch International Choice Fund
NYLI Epoch U.S. Equity Yield Fund
NYLI Equity Allocation Fund
NYLI Equity ETF Allocation Fund
NYLI Fiera SMID Growth Fund
NYLI Floating Rate Fund
NYLI Growth Allocation Fund
NYLI Growth ETF Allocation Fund
NYLI Income Builder Fund
NYLI MacKay Arizona Muni Fund
NYLI MacKay California Muni Fund
NYLI MacKay Colorado Muni Fund
NYLI MacKay Convertible Fund
NYLI MacKay High Yield Corporate Bond Fund
NYLI MacKay High Yield Muni Bond Fund
NYLI MacKay New York Muni Fund
NYLI MacKay Oregon Muni Fund
NYLI MacKay Short Duration High Income Fund
NYLI MacKay Short Term Muni Fund
NYLI MacKay Strategic Bond Fund
NYLI MacKay Strategic Muni Allocation Fund
NYLI MacKay Tax Free Bond Fund
NYLI MacKay Total Return Bond Fund
NYLI MacKay U.S. Infrastructure Bond Fund
NYLI MacKay Utah Muni Fund
NYLI Moderate Allocation Fund
NYLI Moderate ETF Allocation Fund
NYLI Money Market Fund
NYLI PineStone Global Equity Fund
NYLI PineStone International Equity Fund
NYLI PineStone U.S. Equity Fund
NYLI S&P 500 Index Fund
NYLI Short Term Bond Fund
NYLI U.S. Government Liquidity Fund
NYLI WMC Growth Fund
NYLI WMC International Research Equity Fund
NYLI WMC Small Companies Fund
NYLI Winslow Large Cap Growth Fund
NYLI WMC Enduring Capital Fund
NYLI WMC Value Fund
MAINSTAY VP PORTFOLIOS**
CURRENT PORTFOLIO NAME
NEW PORTFOLIO NAME
MainStay VP American Century Sustainable Equity Portfolio
MainStay VP Balanced Portfolio
MainStay VP Bond Portfolio
MainStay VP Candriam Emerging Markets Equity Portfolio
MainStay VP CBRE Global Infrastructure Portfolio
MainStay VP Conservative Allocation Portfolio
MainStay VP Epoch U.S. Equity Yield Portfolio
MainStay VP Equity Allocation Portfolio
MainStay VP Fidelity Institutional AM® Utilities Portfolio
MainStay VP Floating Rate Portfolio
MainStay VP Growth Allocation Portfolio
MainStay VP Income Builder Portfolio
MainStay VP Indexed Bond Portfolio
MainStay VP Hedge Multi-Strategy Portfolio
MainStay VP Janus Henderson Balanced Portfolio
MainStay VP MacKay Convertible Portfolio
MainStay VP MacKay U.S. Infrastructure Bond Portfolio
MainStay VP MacKay High Yield Corporate Bond Portfolio
MainStay VP MacKay Strategic Bond Portfolio
MainStay VP Moderate Allocation Portfolio
MainStay VP Natural Resources Portfolio
MainStay VP PIMCO Real Return Portfolio
MainStay VP PineStone International Equity Portfolio
MainStay VP S&P 500 Index Portfolio
MainStay VP Small Cap Growth Portfolio
MainStay VP U.S. Government Money Market Portfolio
MainStay VP Wellington Growth Portfolio
MainStay VP Wellington Mid Cap Portfolio
MainStay VP Wellington Small Cap Portfolio
MainStay VP Wellington U.S. Equity Portfolio
MainStay VP Winslow Large Cap Growth Portfolio
NYLI VP American Century Sustainable Equity Portfolio
NYLI VP Balanced Portfolio
NYLI VP Bond Portfolio
NYLI VP Candriam Emerging Markets Equity Portfolio
NYLI VP CBRE Global Infrastructure Portfolio
NYLI VP Conservative Allocation Portfolio
NYLI VP Epoch U.S. Equity Yield Portfolio
NYLI VP Equity Allocation Portfolio
NYLI VP Fidelity Institutional AM® Utilities Portfolio
NYLI VP Floating Rate Portfolio
NYLI VP Growth Allocation Portfolio
NYLI VP Income Builder Portfolio
NYLI VP Indexed Bond Portfolio
NYLI VP Hedge Multi-Strategy Portfolio
NYLI VP Janus Henderson Balanced Portfolio
NYLI VP MacKay Convertible Portfolio
NYLI VP MacKay U.S. Infrastructure Bond Portfolio
NYLI VP MacKay High Yield Corporate Bond Portfolio
NYLI VP MacKay Strategic Bond Portfolio
NYLI VP Moderate Allocation Portfolio
NYLI VP Natural Resources Portfolio
NYLI VP PIMCO Real Return Portfolio
NYLI VP PineStone International Equity Portfolio
NYLI VP S&P 500 Index Portfolio
NYLI VP Small Cap Growth Portfolio
NYLI VP U.S. Government Money Market Portfolio
NYLI VP Wellington Growth Portfolio
NYLI VP Schroders Mid Cap Opportunities Portfolio
NYLI VP Wellington Small Cap Portfolio
NYLI VP Dimensional U.S. Equity Portfolio
NYLI VP Winslow Large Cap Growth Portfolio
INDEXIQ ETFs*
CURRENT ETF NAME
NEW ETF NAME
IQ Hedge Multi-Strategy Tracker ETF
IQ Merger Arbitrage ETF
IQ 500 International ETF
IQ Candriam International Equity ETF
IQ Candriam U.S. Mid Cap Equity ETF
IQ Candriam U.S. Large Cap Equity ETF
IQ CBRE NextGen Real Estate ETF
IQ FTSE International Equity Currency Neutral ETF
IQ U.S. Large Cap R&D Leaders ETF
IQ Global Equity R&D Leaders ETF
IQ Clean Oceans ETF
IQ Cleaner Transport ETF
IQ Engender Equality ETF
IQ Healthy Hearts ETF
IQ MacKay ESG Core Plus Bond ETF
IQ MacKay ESG High Income ETF
IQ MacKay Municipal Insured ETF
IQ MacKay Municipal Intermediate ETF
IQ MacKay California Municipal Intermediate ETF
IQ MacKay Securitized Income ETF
IQ CBRE Real Assets ETF
IQ Winslow Large Cap Growth ETF
IQ Winslow Focused Large Cap Growth ETF
*Name changes effective August 28, 2024.
** Name changes effective August 12, 2024.
NYLI Hedge Multi-Strategy Tracker ETF
NYLI Merger Arbitrage ETF
NYLI 500 International ETF
NYLI Candriam International Equity ETF
NYLI Candriam U.S. Mid Cap Equity ETF
NYLI Candriam U.S. Large Cap Equity ETF
NYLI CBRE NextGen Real Estate ETF
NYLI FTSE International Equity Currency Neutral ETF
NYLI U.S. Large Cap R&D Leaders ETF
NYLI Global Equity R&D Leaders ETF
NYLI Clean Oceans ETF
NYLI Cleaner Transport ETF
NYLI Engender Equality ETF
NYLI Healthy Hearts ETF
NYLI MacKay ESG Core Plus Bond ETF
NYLI MacKay ESG High Income ETF
NYLI MacKay Muni Insured ETF
NYLI MacKay Muni Intermediate ETF
NYLI MacKay California Muni Intermediate ETF
NYLI MacKay Securitized Income ETF
NYLI CBRE Real Assets ETF
NYLI Winslow Large Cap Growth ETF
NYLI Winslow Focused Large Cap Growth ETF
For more information on the funds and on New York Life Investments’ full suite of product offerings, as well as insights and commentary, please visit our website here.
About New York Life Investments
With $725 billion in Assets Under Management as of March 31, 2024, New York Life Investments, Pensions and Investments’ 25th Largest Money Manager* 1, is comprised of the affiliated global asset management businesses of its parent company, New York Life Insurance Company, and offers clients access to specialized, independent investment teams through its family of affiliated boutiques. New York Life Investments remains committed to clients through a combination of the diverse perspectives of its boutiques and a long-lasting focus on sustainable relationships.
1. On June 12, 2023, New York Life Investments was ranked #25 in Pensions & Investments’ Largest Money Managers 2023 for the time period 12/31/21 – 12/31/22. (Managers are ranked by total worldwide institutional assets under management. Full list here.) No direct or indirect compensation was paid for the creation and distribution of this ranking. For more information about ranking click here - Largest Money Managers 2023 | Pensions & Investments (pionline.com)
"New York Life Investments" is both a service mark, and the common trade name, of certain investment advisors affiliated with New York Life Insurance Company.
Consider the Funds' investment objectives, risks, charges and expenses carefully before investing. The prospectus, or summary prospectus, and the statement of additional information include this and other relevant information about the Funds and are available by visiting IQetfs.com or calling (888) 474-7725 for IndexIQ ETFs and by calling 800-624-6782 for MainStay Funds®. Read the prospectus carefully before investing.
The MainStay Funds® are managed by New York Life Investment Management LLC and distributed through NYLIFE Distributors LLC, 30 Hudson Street, Jersey City, NJ 07302, a wholly owned subsidiary of New York Life Insurance Company. IndexIQ® is an indirect wholly owned subsidiary of New York Life Investment Management Holdings LLC and serves as the advisor to the IndexIQ ETFs. ALPS Distributors, Inc. (ALPS) is the principal underwriter of the ETFs. NYLIFE Distributors LLC is a distributor of the ETFs. ALPS Distributors, Inc. is not affiliated with NYLIFE Distributors LLC. NYLIFE Distributors LLC is a Member FINRA/SIPC.