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 /PRNewswire/ -- 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 |
NYLI CBRE Global Infrastructure Megatrends Term |
MainStay MacKay DefinedTerm Municipal |
NYLI MacKay DefinedTerm Muni Opportunities Fund |
Closed-End Interval Fund* |
|
MainStay MacKay Municipal Income Opportunities |
NYLI MacKay Muni Income Opportunities Fund |
Open-End Funds* |
|
MainStay Balanced Fund |
NYLI Balanced Fund |
MainStay Candriam Emerging Markets Debt Fund |
NYLI Candriam Emerging Markets Debt Fund |
MainStay Candriam Emerging Markets Equity Fund |
NYLI Candriam Emerging Markets Equity Fund |
MainStay CBRE Global Infrastructure Fund |
NYLI CBRE Global Infrastructure Fund |
MainStay CBRE Real Estate Fund |
NYLI CBRE Real Estate Fund |
MainStay Conservative ETF Allocation Fund |
NYLI Conservative ETF Allocation Fund |
MainStay Conservative Allocation Fund |
NYLI Conservative Allocation Fund |
MainStay Cushing® MLP Premier Fund |
NYLI Cushing® MLP Premier Fund |
MainStay Epoch Capital Growth Fund |
NYLI Epoch Capital Growth Fund |
MainStay Epoch Global Equity Yield Fund |
NYLI Epoch Global Equity Yield Fund |
MainStay Epoch International Choice Fund |
NYLI Epoch International Choice Fund |
MainStay Epoch U.S. Equity Yield Fund |
NYLI Epoch U.S. Equity Yield Fund |
MainStay Equity Allocation Fund |
NYLI Equity Allocation Fund |
MainStay Equity ETF Allocation Fund |
NYLI Equity ETF Allocation Fund |
MainStay Fiera SMID Growth Fund |
NYLI Fiera SMID Growth Fund |
MainStay Floating Rate Fund |
NYLI Floating Rate Fund |
MainStay Growth Allocation Fund |
NYLI Growth Allocation Fund |
MainStay Growth ETF Allocation Fund |
NYLI Growth ETF Allocation Fund |
MainStay Income Builder Fund |
NYLI Income Builder Fund |
MainStay MacKay Arizona Muni Fund |
NYLI MacKay Arizona Muni Fund |
MainStay MacKay California Tax Free Opportunities |
NYLI MacKay California Muni Fund |
MainStay MacKay Colorado Muni Fund |
NYLI MacKay Colorado Muni Fund |
MainStay MacKay Convertible Fund |
NYLI MacKay Convertible Fund |
MainStay MacKay High Yield Corporate Bond Fund |
NYLI MacKay High Yield Corporate Bond Fund |
MainStay MacKay High Yield Municipal Bond Fund |
NYLI MacKay High Yield Muni Bond Fund |
MainStay MacKay New York Tax Free Opportunities |
NYLI MacKay New York Muni Fund |
MainStay MacKay Oregon Muni Fund |
NYLI MacKay Oregon Muni Fund |
MainStay MacKay Short Duration High Income Fund |
NYLI MacKay Short Duration High Income Fund |
MainStay MacKay Short Term Municipal Fund |
NYLI MacKay Short Term Muni Fund |
MainStay MacKay Strategic Bond Fund |
NYLI MacKay Strategic Bond Fund |
MainStay MacKay Strategic Municipal Allocation Fund |
NYLI MacKay Strategic Muni Allocation Fund |
MainStay MacKay Tax Free Bond Fund |
NYLI MacKay Tax Free Bond Fund |
MainStay MacKay Total Return Bond Fund |
NYLI MacKay Total Return Bond Fund |
MainStay MacKay U.S. Infrastructure Bond Fund |
NYLI MacKay U.S. Infrastructure Bond Fund |
MainStay MacKay Utah Muni Fund |
NYLI MacKay Utah Muni Fund |
MainStay Moderate Allocation Fund |
NYLI Moderate Allocation Fund |
MainStay Moderate ETF Allocation Fund |
NYLI Moderate ETF Allocation Fund |
MainStay Money Market Fund |
NYLI Money Market Fund |
MainStay PineStone Global Equity Fund |
NYLI PineStone Global Equity Fund |
MainStay PineStone International Equity Fund |
NYLI PineStone International Equity Fund |
MainStay PineStone U.S. Equity Fund |
NYLI PineStone U.S. Equity Fund |
MainStay S&P 500 Index Fund |
NYLI S&P 500 Index Fund |
MainStay Short Term Bond Fund |
NYLI Short Term Bond Fund |
MainStay U.S. Government Liquidity Fund |
NYLI U.S. Government Liquidity Fund |
MainStay WMC Growth Fund |
NYLI WMC Growth Fund |
MainStay WMC International Research Equity Fund |
NYLI WMC International Research Equity Fund |
MainStay WMC Small Companies Fund |
NYLI WMC Small Companies Fund |
MainStay Winslow Large Cap Growth Fund |
NYLI Winslow Large Cap Growth Fund |
MainStay WMC Enduring Capital Fund |
NYLI WMC Enduring Capital Fund |
MainStay WMC Value Fund |
NYLI WMC Value Fund |
MAINSTAY VP PORTFOLIOS** |
|
CURRENT PORTFOLIO NAME |
NEW PORTFOLIO NAME |
MainStay VP American Century Sustainable Equity |
NYLI VP American Century Sustainable Equity |
MainStay VP Balanced Portfolio |
NYLI VP Balanced Portfolio |
MainStay VP Bond Portfolio |
NYLI VP Bond Portfolio |
MainStay VP Candriam Emerging Markets Equity |
NYLI VP Candriam Emerging Markets Equity Portfolio |
MainStay VP CBRE Global Infrastructure Portfolio |
NYLI VP CBRE Global Infrastructure Portfolio |
MainStay VP Conservative Allocation Portfolio |
NYLI VP Conservative Allocation Portfolio |
MainStay VP Epoch U.S. Equity Yield Portfolio |
NYLI VP Epoch U.S. Equity Yield Portfolio |
MainStay VP Equity Allocation Portfolio |
NYLI VP Equity Allocation Portfolio |
MainStay VP Fidelity Institutional AM® Utilities Portfolio |
NYLI VP Fidelity Institutional AM® Utilities Portfolio |
MainStay VP Floating Rate Portfolio |
NYLI VP Floating Rate Portfolio |
MainStay VP Growth Allocation Portfolio |
NYLI VP Growth Allocation Portfolio |
MainStay VP Income Builder Portfolio |
NYLI VP Income Builder Portfolio |
MainStay VP Indexed Bond Portfolio |
NYLI VP Indexed Bond Portfolio |
MainStay VP Hedge Multi-Strategy Portfolio |
NYLI VP Hedge Multi-Strategy Portfolio |
MainStay VP Janus Henderson Balanced Portfolio |
NYLI VP Janus Henderson Balanced Portfolio |
MainStay VP MacKay Convertible Portfolio |
NYLI VP MacKay Convertible Portfolio |
MainStay VP MacKay U.S. Infrastructure Bond Portfolio |
NYLI VP MacKay U.S. Infrastructure Bond Portfolio |
MainStay VP MacKay High Yield Corporate Bond |
NYLI VP MacKay High Yield Corporate Bond Portfolio |
MainStay VP MacKay Strategic Bond Portfolio |
NYLI VP MacKay Strategic Bond Portfolio |
MainStay VP Moderate Allocation Portfolio |
NYLI VP Moderate Allocation Portfolio |
MainStay VP Natural Resources Portfolio |
NYLI VP Natural Resources Portfolio |
MainStay VP PIMCO Real Return Portfolio |
NYLI VP PIMCO Real Return Portfolio |
MainStay VP PineStone International Equity Portfolio |
NYLI VP PineStone International Equity Portfolio |
MainStay VP S&P 500 Index Portfolio |
NYLI VP S&P 500 Index Portfolio |
MainStay VP Small Cap Growth Portfolio |
NYLI VP Small Cap Growth Portfolio |
MainStay VP U.S. Government Money Market Portfolio |
NYLI VP U.S. Government Money Market Portfolio |
MainStay VP Wellington Growth Portfolio |
NYLI VP Wellington Growth Portfolio |
MainStay VP Wellington Mid Cap Portfolio |
NYLI VP Schroders Mid Cap Opportunities Portfolio |
MainStay VP Wellington Small Cap Portfolio |
NYLI VP Wellington Small Cap Portfolio |
MainStay VP Wellington U.S. Equity Portfolio |
NYLI VP Dimensional U.S. Equity Portfolio |
MainStay VP Winslow Large Cap Growth Portfolio |
NYLI VP Winslow Large Cap Growth Portfolio |
INDEXIQ ETFs* |
|
CURRENT ETF NAME |
NEW ETF NAME |
IQ Hedge Multi-Strategy Tracker ETF |
NYLI Hedge Multi-Strategy Tracker ETF |
IQ Merger Arbitrage ETF |
NYLI Merger Arbitrage ETF |
IQ 500 International ETF |
NYLI 500 International ETF |
IQ Candriam International Equity ETF |
NYLI Candriam International Equity ETF |
IQ Candriam U.S. Mid Cap Equity ETF |
NYLI Candriam U.S. Mid Cap Equity ETF |
IQ Candriam U.S. Large Cap Equity ETF |
NYLI Candriam U.S. Large Cap Equity ETF |
IQ CBRE NextGen Real Estate ETF |
NYLI CBRE NextGen Real Estate ETF |
IQ FTSE International Equity Currency Neutral ETF |
NYLI FTSE International Equity Currency Neutral ETF |
IQ U.S. Large Cap R&D Leaders ETF |
NYLI U.S. Large Cap R&D Leaders ETF |
IQ Global Equity R&D Leaders ETF |
NYLI Global Equity R&D Leaders ETF |
IQ Clean Oceans ETF |
NYLI Clean Oceans ETF |
IQ Cleaner Transport ETF |
NYLI Cleaner Transport ETF |
IQ Engender Equality ETF |
NYLI Engender Equality ETF |
IQ Healthy Hearts ETF |
NYLI Healthy Hearts ETF |
IQ MacKay ESG Core Plus Bond ETF |
NYLI MacKay ESG Core Plus Bond ETF |
IQ MacKay ESG High Income ETF |
NYLI MacKay ESG High Income ETF |
IQ MacKay Municipal Insured ETF |
NYLI MacKay Muni Insured ETF |
IQ MacKay Municipal Intermediate ETF |
NYLI MacKay Muni Intermediate ETF |
IQ MacKay California Municipal Intermediate ETF |
NYLI MacKay California Muni Intermediate ETF |
IQ MacKay Securitized Income ETF |
NYLI MacKay Securitized Income ETF |
IQ CBRE Real Assets ETF |
NYLI CBRE Real Assets ETF |
IQ Winslow Large Cap Growth ETF |
NYLI Winslow Large Cap Growth ETF |
IQ Winslow Focused Large Cap Growth ETF |
NYLI Winslow Focused Large Cap Growth ETF
|
*Name changes effective August 28, 2024.
**Name changes effective August 12, 2024.
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.
SOURCE New York Life Investments
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