Liquidation: New York Life Investments ETF Trust
Form Type: 497
Filing Date: 2025-06-26
Corporate Action: Liquidation
Type: New
Accession Number: 000199937125008304
Filing Summary: The Board of Trustees of New York Life Investments ETF Trust has approved the liquidation and dissolution of the NYLI Healthy Hearts ETF, expected to occur on or about August 26, 2025. The last day shares will be traded on the national securities exchange is anticipated to be August 19, 2025, after which no business activities, except for liquidation purposes, will be conducted. Shareholders can sell their shares before this date but not after. A distribution will be made to remaining shareholders of record on the Liquidation Date, based on the net asset value of their shares, after accounting for various charges. These shareholders may also receive a final distribution of realized capital gains and net investment income. It is emphasized that this liquidation may impact tax implications for shareholders and the Trust's officers can change the specified dates without prior notice.
Additional details:
Liquidation Date: 2025-08-26
Last Trading Day: 2025-08-19
Liquidating Distribution: cash equal to the net asset value of shares
Tax Implications: automatic redemption treated as a sale for federal income tax purposes
Form Type: 497
Filing Date: 2025-02-28
Corporate Action: Liquidation
Type: New
Accession Number: 000183988225012056
Filing Summary: The Board of Trustees of New York Life Investments ETF Trust has approved the liquidation and dissolution of the Funds, namely the NYLI Clean Oceans ETF and NYLI Cleaner Transport ETF, effective on or about April 16, 2025. The last day for trading shares on the national securities exchange is anticipated to be April 9, 2025, after which shareholders will be unable to transact in shares at market prices. Shareholders are advised that after this date, the Funds will cease business activities except for the liquidation of assets. A cash distribution equal to the net asset value of shares will be made to shareholders as of the Liquidation Date, and this distribution may differ from the value received if shares are sold prior to April 9. Additionally, shareholders should be aware of potential tax implications associated with the liquidation and are encouraged to consult their tax advisers.
Additional details:
Liquidation Date: 2025-04-16
Last Trading Day: 2025-04-09
Final Distribution Date: 2025-04-16
Contact Phone: (888) 474-7725
Website: newyorklifeinvestments.com/etf
Comments
No comments yet. Be the first to comment!