Funds Group: New York Life Investments
Management Company: New York Life Investment Management LLC; Subadvisor: MacKay Shields LLC
Funds Affected: MainStay MacKay Infrastructure Bond Fund
Principal Sustainable Investment Management Strategy: ESG Integration
The subadvisor may give consideration to certain environmental, social and governance (ESG) criteria when evaluating an investment opportunities.
Note: The fund modified its principal investment strategies as of February 28, 2019 and June 21, 2019.