CPLB Fees and Costs — NYLI MacKay Core Plus Bond ETF
Data updated: 2026-09-25
The net expense ratio is 0.30%: a 0.35% management fee plus 0.09% other expenses, less a 0.14% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $13K in broker commissions, 0.0044% of average net assets, and portfolio turnover was 106%.
CPLB Fees and Expenses
Annual operating expenses and sales charges of CPLB. Prospectus, as of August 27, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.35% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.09% |
| Gross expense ratio | 0.44% |
| Fee waiver | −0.14% |
| Net expense ratio | 0.30% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
CPLB Costs Over Time
On $10,000 invested in CPLB, assuming 5% a year before costs, total costs come to $193 over 5 years, cutting the return by 0.32% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.30%) | $32 | $99 | $173 |
| Trading costs (broker commissions) | $0 | $1 | $3 |
| Lost growth on money paid in costs | $0 | $5 | $18 |
| Total costs | $32 | $105 | $193 |
| Value after costs | $10,468 | $11,471 | $12,570 |
| Impact on return, per year | 0.32% | 0.32% | 0.32% |
CPLB Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending April 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0044%
- Total broker commissions: $13K
- Bought from dealers (principal trades, not a cost): $606.0M
- Portfolio turnover (prospectus): 106%
- Securities on loan, average value: $16.5M
- Net income from securities lending: $39K (0.013% of average net assets)
CPLB Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CitiGroup Global Markets Inc. | $13K | 100.00% |
CPLB Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BOFA SECURITIES, INC. | $187.7M | 37.89% |
| CITADEL SECURITIES LLC | $64.4M | 13.00% |
| J.P. Morgan Securities LLC | $62.3M | 12.57% |
| NOMURA SECURITIES INTERNATIONAL, INC. | $40.9M | 8.25% |
| STONEX FINANCIAL INC. | $32.8M | 6.63% |
| CitiGroup Global Markets Inc. | $28.6M | 5.78% |
| BMO HARRIS FINANCIAL ADVISORS, INC. | $20.0M | 4.05% |
| DEUTSCHE BANK SECURITIES, INC. | $20.0M | 4.05% |
| MORGAN STANLEY & CO. LLC | $19.3M | 3.90% |
| GOLDMAN SACHS & CO. LLC | $19.2M | 3.88% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.