New York Life Investment Management to Update Fund Lineup Branding

NEW YORK--(BUSINESS WIRE)--New York Life Investment Management (“NYLIM”) today announced that, effective Aug. 28, 2026, its U.S. Retail investment products will be renamed to reflect the new brand launched earlier this year.

“As we invest in our brand, it is important that our product lineup reflects the clarity, consistency and strength of New York Life Investment Management. This naming update for our investment products creates greater distinction across our offerings and ensures they carry a closer association with both our brand and the specialized investment teams that make up our firm,” said Kirk Lehneis, Head of U.S. Retail at New York Life Investment Management.

There are no changes to the investment teams, mandates or focus of each of NYLIM’s funds or ETFs.

The naming changes will be reflected as follows:

FUNDS
CURRENT FUND NAME	NEW FUND NAME
Listed Closed-End Funds
NYLI CBRE Global Infrastructure Megatrends Term Fund	NYLIM CBRE Global Infrastructure Megatrends Term Fund
NYLI MacKay DefinedTerm Muni Opportunities Fund	NYLI MacKay DefinedTerm Muni Opportunities Fund
Closed-End Interval Fund
NYLI MacKay Muni Income Opportunities Fund	NYLIM MacKay Muni Income Opportunities Fund
Open-End Funds
NYLI Balanced Fund	NYLIM Balanced Fund
NYLI Candriam Emerging Markets Debt Fund	NYLIM Candriam Emerging Markets Debt Fund
NYLI Candriam Emerging Markets Equity Fund	NYLIM Candriam Emerging Markets Equity Fund
NYLI CBRE Global Infrastructure Fund	NYLIM CBRE Global Infrastructure Fund
NYLI CBRE Real Estate Fund	NYLIM CBRE Real Estate Fund
NYLI Conservative ETF Allocation Fund	NYLIM Conservative ETF Allocation Fund
NYLI Conservative Allocation Fund	NYLIM Conservative Allocation Fund
NYLI Cushing® MLP Premier Fund	NYLIM Cushing® MLP Premier Fund
NYLI Epoch Capital Growth Fund	NYLIM Epoch Capital Growth Fund
NYLI Epoch Global Equity Yield Fund	NYLIM Epoch Global Equity Yield Fund
NYLI Epoch International Choice Fund	NYLIM Epoch International Choice Fund
NYLI Epoch U.S. Equity Yield Fund	NYLIM Epoch U.S. Equity Yield Fund
NYLI Equity Allocation Fund	NYLIM Equity Allocation Fund
NYLI Equity ETF Allocation Fund	NYLIM Equity ETF Allocation Fund
NYLI Fiera SMID Growth Fund	NYLIM Fiera SMID Growth Fund
NYLI Floating Rate Fund	NYLIM Floating Rate Fund
NYLI Growth Allocation Fund	NYLIM Growth Allocation Fund
NYLI Growth ETF Allocation Fund	NYLIM Growth ETF Allocation Fund
NYLI Income Builder Fund	NYLIM Income Builder Fund
NYLI MacKay Arizona Muni Fund	NYLIM MacKay Arizona Muni Fund
NYLI MacKay California Muni Fund	NYLIM MacKay California Muni Fund
NYLI MacKay Colorado Muni Fund	NYLIM MacKay Colorado Muni Fund
NYLI MacKay Convertible Fund	NYLIM MacKay Convertible Fund
NYLI MacKay High Yield Corporate Bond Fund	NYLIM MacKay High Yield Corporate Bond Fund
NYLI MacKay High Yield Muni Bond Fund	NYLIM MacKay High Yield Muni Bond Fund
NYLI MacKay New York Muni Fund	NYLIM MacKay New York Muni Fund
NYLI MacKay Oregon Muni Fund	NYLIM MacKay Oregon Muni Fund
NYLI MacKay Short Duration High Income Fund	NYLIM MacKay Short Duration High Income Fund
NYLI MacKay Short Term Muni Fund	NYLIM MacKay Short Term Muni Fund
NYLI MacKay Strategic Bond Fund	NYLIM MacKay Strategic Bond Fund
NYLI MacKay Strategic Muni Allocation Fund	NYLIM MacKay Strategic Muni Allocation Fund
NYLI MacKay Tax Free Bond Fund	NYLIM MacKay Tax Free Bond Fund
NYLI MacKay Total Return Bond Fund	NYLIM MacKay Total Return Bond Fund
NYLI MacKay U.S. Infrastructure Bond Fund	NYLIM MacKay U.S. Infrastructure Bond Fund
NYLI MacKay Utah Muni Fund	NYLIM MacKay Utah Muni Fund
NYLI Moderate Allocation Fund	NYLIM Moderate Allocation Fund
NYLI Moderate ETF Allocation Fund	NYLIM Moderate ETF Allocation Fund
NYLI Money Market Fund	NYLIM Money Market Fund
NYLI PineStone Global Equity Fund	NYLIM PineStone Global Equity Fund
NYLI PineStone International Equity Fund	NYLIM PineStone International Equity Fund
NYLI PineStone U.S. Equity Fund	NYLIM PineStone U.S. Equity Fund
NYLI S&P 500 Index Fund	NYLIM S&P 500 Index Fund
NYLI Short Term Bond Fund	NYLIM Short Term Bond Fund
NYLI U.S. Government Liquidity Fund	NYLIM U.S. Government Liquidity Fund
NYLI Winslow Large Cap Growth Fund	NYLIM Winslow Large Cap Growth Fund
NYLI WMC Enduring Capital Fund	NYLIM WMC Enduring Capital Fund
NYLI WMC Growth Fund	NYLIM WMC Growth Fund
NYLI WMC International Research Equity Fund	NYLIM WMC International Research Equity Fund
NYLI WMC Small Companies Fund	NYLIM WMC Small Companies Fund
NYLI WMC Value Fund	NYLIM WMC Value Fund
ETFs
CURRENT ETF NAME	NEW ETF NAME
NYLI Candriam International Equity ETF	NYLIM Candriam International Equity ETF
NYLI Candriam U.S. Large Cap Equity ETF	NYLIM Candriam U.S. Large Cap Equity ETF
NYLI Candriam U.S. Mid Cap Equity ETF	NYLIM Candriam U.S. Mid Cap Equity ETF
NYLI CBRE Real Assets ETF	NYLIM CBRE Real Assets ETF
NYLI FTSE International Equity Currency Neutral ETF	NYLIM FTSE International Equity Currency Neutral ETF
NYLI Global Equity R&D Leaders ETF	NYLIM Global Equity R&D Leaders ETF
NYLI Hedge Multi-Strategy Tracker ETF	NYLIM Hedge Multi-Strategy Tracker ETF
NYLI MacKay California Muni Intermediate ETF	NYLIM MacKay California Muni Intermediate ETF
NYLI MacKay Core Plus Bond ETF	NYLIM MacKay Core Plus Bond ETF
NYLI MacKay High Income ETF	NYLIM MacKay High Income ETF
NYLI MacKay Muni Allocation ETF	NYLIM MacKay Muni Allocation ETF
NYLI MacKay Muni Insured ETF	NYLIM MacKay Muni Insured ETF
NYLI MacKay Muni Intermediate ETF	NYLIM MacKay Muni Intermediate ETF
NYLI MacKay Muni Short Duration ETF	NYLIM MacKay Muni Short Duration ETF
NYLI MacKay Securitized Income ETF	NYLIM MacKay Securitized Income ETF
NYLI Merger Arbitrage ETF	NYLIM Merger Arbitrage ETF
NYLI U.S. Large Cap R&D Leaders ETF	NYLIM U.S. Large Cap R&D Leaders ETF
NYLI Winslow Focused Large Cap Growth ETF	NYLIM Winslow Focused Large Cap Growth ETF
NYLI Winslow Large Cap Growth ETF	NYLIM Winslow Large Cap Growth ETF

For more information on the funds and on New York Life Investment Management’s full suite of product offerings, as well as insights and commentary, please visit our website here.

About New York Life Investment Management
With approximately $807 billion* in assets under management as of March 31, 2026, New York Life Investment Management is a Pensions & Investments' Top 30 Largest Money Manager** and one of the largest active asset managers globally, with leading positions across both public and private markets. Comprised of the affiliated global asset management businesses of New York Life Insurance Company, New York Life Investment Management is committed to achieving enduring financial outcomes and building long-term partnerships across market cycles and generations. Our specialized, independent investment teams bring disciplined active management and deep expertise to help clients navigate the next era of investing.

“New York Life Investment Management” is the brand name and service mark used to represent a group of affiliated investment advisers of New York Life Insurance Company, including New York Life Investment Management LLC, a registered investment adviser.

*Assets under management (AUM) includes assets of the investment advisers that make up “New York Life Investment Management” as of March 31, 2026. AUM includes certain assets, such as non-discretionary AUM, external fund selection, and overlay services, including ESG screening services, advisory consulting services, white labeling services, and model portfolio delivery services, that are not necessarily considered Regulatory Assets Under Management according to the SEC’s Form ADV. AUM is reported in USD. AUM not denominated in USD is converted at the spot rate as of March 31, 2026. The total AUM figure of “New York Life Investment Management” is less than the sum of the AUM of each affiliated investment adviser in the group because it does not count AUM where the same assets can be counted by more than one affiliated investment adviser.

**New York Life Investment Management ranked 28th largest institutional investment manager in Pensions & Investments' Largest Money Managers 2025 published June 2025, based on worldwide institutional AUM as of Dec. 31, 2024. No direct or indirect compensation was paid for the creation and distribution of this ranking.

Investment products are not guaranteed, are not obligations of, or backed by, New York Life Insurance Company. References to the financial strength or credit ratings of New York Life Insurance Company apply solely to its insurance and annuity products.

New York Life Insurance Company (“New York Life”) or its affiliates may invest in certain strategies or vehicles managed by its affiliated investment advisers. Such investments do not occur in all strategies or products, and the amount, timing, and terms of any New York Life investment may differ from those applicable to clients. The existence of such investments does not imply identical investment terms, allocation priority, risk exposure, or investment outcomes. New York Life does not guarantee the performance of any strategy or client investment. All investments involve risk, including the possible loss of principal.

Before investing, investors should carefully consider the investment objectives, risks, charges, and expenses of the investment company. This and other important information are contained in the prospectus and, if available, the summary prospectus, which may be obtained by visiting https://dfinview.com/NYLIM or by contacting your financial professional. Investors should read the prospectus and, if available, the summary prospectus carefully before investing.

Securities distributed by NYLIFE Distributors LLC, 30 Hudson Street, Jersey City, NJ 07302, Member FINRA/SIPC.