IQHINYLI MacKay High Income ETF
Seeks to maximize current income.
By New York Life Investment Management LLC · Launched 2022
Annual Cost
0.41%
#2,079 of 5,861 · average
Fund Size
$116M
#2,846 of 5,861 · mid-size
Dividend YieldGoal
8.05%
Track Record
3 years
#2,756 of 5,861 · seasoned
Performance
Total-return NAV · USDGrowth of $10,000
$10,580+5.8%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundAsset class
Fixed incomeRegion
North americaWhat it actually holds
By weightConcentration
Top 10 holdings = 10.6% of fund✓ well diversified
DREYFUS GOVERNMENT CASH MANAGEDGCXX
3.1%
BLACKROCK TREASURY TRUST
1.3%
AMERIGAS PARTNERS LP / AMERIGAS FINANCE CORP
0.9%
CCO HOLDINGS LLC / CCO HOLDINGS CAPITAL CORP
0.9%
PRIME HEALTHCARE SERVICES INC
0.8%
MOSS CREEK RESOURCES HOLDINGS INC
0.8%
SCIH SALT HOLDINGS INC
0.8%
UNITI SERVICES LLC
0.7%
TEREX CORP
0.7%
HILCORP ENERGY I LP / HILCORP FINANCE CO
0.7%
Asset allocation
Bonds
97.3%
Cash
1.6%
Preferred
1.1%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
3.8%Low
Year-on-year price swings
Max drawdown
-4.2%Mild
Worst peak-to-trough loss
Sharpe (3Y)
0.89Decent risk-adjusted returns
Sortino (3Y)
1.31Good downside protection
Bond profile
Duration
6.9 years
Avg maturity
9.9 years
Credit ratings
BBB
1.1%
BB
44.8%
B
44.9%
Below B
9.3%
Listing
- Exchange
- NYSE Arca
Full fund details
- Objective
- Seeks to maximize current income.
- Strategy
- Invests primarily in U.S. and non-U.S. corporate debt securities, including high-yield securities and convertible corporate securities, to maximize current income. The Fund may also use derivatives to enhance returns or hedge risks.
- Inception date
- October 24, 2022
- Fund family
- New York Life Investment Management LLC
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Data updated on 2026-08-05