Morningstar

NYLI MacKay Securitized Income ETF SECR

Morningstar Medalist Rating
Medalist Rating as of | See New York Life Investment Hub

Morningstar’s Analysis SECR

Will SECR outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable SECR’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the SECR management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of SECR’s parent organization’s priorities and whether they’re in line with investors’ interests.

IQ MacKay Securitized Income ETF's Average People Pillar and Process Pillar ratings result in a Morningstar Medalist Rating of Neutral.

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Morningstar Manager Research

Summary

The portfolio maintains a sizable cost advantage over competitors, priced within the lowest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings SECR

More SECR Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 37.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

10 Year Treasury Note Future Dec 24

15.19 23.6 Mil
Government

5 Year Treasury Note Future Dec 24

7.37 11.4 Mil
Government

Federal National Mortgage Association 3%

2.58 4.0 Mil
Securitized

Federal Home Loan Mortgage Corp. 5.5%

2.32 3.6 Mil
Securitized

Fnma Pass-Thru I 2%

2.21 3.4 Mil
Securitized

Federal Home Loan Mortgage Corp. 2%

2.07 3.2 Mil
Securitized

RCKT MORTGAGE TRUST 2.5%

1.90 2.9 Mil
Securitized

Dreyfus Trsy Oblig Cash Mgmt Cl Ins

1.80 2.8 Mil
Cash and Equivalents

Federal National Mortgage Association 5%

1.70 2.6 Mil
Securitized

JP MORGAN MORTGAGE TRUST 2.5%

1.48 2.3 Mil
Securitized

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