NYLI MacKay Securitized Income ETF (SECR)
NYLI MacKay Securitized Income ETF operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $25.06, up 0.06% on the session, giving a market capitalisation of $165.4M. Its beta of 0.12 implies it has historically moved less than the broad market.
The NYLI MacKay Securitized Income ETF (SECR) employs an active management strategy with the primary objective of generating total returns. A significant emphasis is placed on delivering consistent income streams for investors. This is achieved by predominantly allocating capital to a diverse array of structured financial products, including residential and commercial mortgage-backed securities (MBS), alongside other asset-backed securities (ABS).
NYLI MacKay Securitized Income ETF is most often compared with the following Financial Services names: