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      </invstOrSec>
      <invstOrSec>
        <name>NYLI MacKay Securitized Income ETF</name>
        <lei>529900V03XWJN0RHX644</lei>
        <title>NYLI MacKay Securitized Income ETF</title>
        <cusip>45409F686</cusip>
        <identifiers>
          <isin value="US45409F6869"/>
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        <balance>245481.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>NYLI MacKay High Income ETF</name>
        <lei>5493006GCBGULIUNP989</lei>
        <title>NYLI MacKay High Income ETF</title>
        <cusip>45409F736</cusip>
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          <isin value="US45409F7362"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>NYLI Winslow Large Cap Growth ETF</name>
        <lei>5493003N1JWBCY2HCE61</lei>
        <title>NYLI Winslow Large Cap Growth ETF</title>
        <cusip>45409F769</cusip>
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          <isin value="US45409F7693"/>
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        <balance>658453.00000000</balance>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>NYLI MacKay Core Plus Bond ETF</name>
        <lei>549300LXJK55YI2K3A41</lei>
        <title>NYLI MacKay Core Plus Bond ETF</title>
        <cusip>45409F785</cusip>
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          <isin value="US45409F7859"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>NYLI S&amp;P 500 Index Fund</name>
        <lei>5493003KCMU84KHQDX98</lei>
        <title>NYLI S&amp;P 500 Index Fund, Class I</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>NYLI Epoch International Choice Fund</name>
        <lei>549300FPTWJRAID17352</lei>
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        <cusip>56063J716</cusip>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>NYLI MacKay U.S. Infrastructure Bond Fund</name>
        <lei>549300VGQDBBMXRHHU10</lei>
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      <invstOrSec>
        <name>NYLI WMC Value Fund</name>
        <lei>5493003Y7K55IDIMKI62</lei>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>NYLI WMC Enduring Capital Fund</name>
        <lei>549300C9NYJNUBU08U82</lei>
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        <cusip>56063N774</cusip>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>NYLI Epoch Capital Growth Fund</name>
        <lei>5493007ZZLRL6VENV585</lei>
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        <cusip>56063N782</cusip>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>NYLI MacKay High Yield Corporate Bond Fund</name>
        <lei>549300Y73VYUL00YQH40</lei>
        <title>NYLI MacKay High Yield Corporate Bond Fund, Class R6</title>
        <cusip>56063N881</cusip>
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        <fairValLevel>1</fairValLevel>
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        <name>NYLI WMC International Research Equity Fund</name>
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      <invstOrSec>
        <name>NYLI WMC Small Companies Fund</name>
        <lei>549300X2531TDNVCHR44</lei>
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      <invstOrSec>
        <name>NYLI MacKay Total Return Bond Fund</name>
        <lei>549300F3C2BWGPG60278</lei>
        <title>NYLI MacKay Total Return Bond Fund, Class R6</title>
        <cusip>56064B431</cusip>
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        <name>NYLI U.S. Government Liquidity Fund</name>
        <lei>549300Y3ZLEL13IJCK58</lei>
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        <assetCat>STIV</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>NYLI WMC Growth Fund</name>
        <lei>549300G3B4EAFQNLNN04</lei>
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        <cusip>56064L504</cusip>
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        <name>NYLI Candriam Emerging Markets Equity Fund</name>
        <lei>549300OEYQVZONE1SZ66</lei>
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        <name>NYLI Epoch U.S. Equity Yield Fund</name>
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        <cusip>56064L702</cusip>
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        <name>NYLI Floating Rate Fund</name>
        <lei>549300TKK2EWM1KEEX83</lei>
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        <name>NYLI PineStone U.S. Equity Fund</name>
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        <name>NYLI PineStone International Equity Fund</name>
        <lei>5493000GSVNQG8L7AH10</lei>
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        <name>NYLI Fiera SMID Growth Fund</name>
        <lei>5493000ALHDIFU0STF84</lei>
        <title>NYLI Fiera SMID Growth Fund, Class R6</title>
        <cusip>56065F449</cusip>
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        <name>N/A</name>
        <lei>N/A</lei>
        <title>ETRS</title>
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            <counterparties>
              <counterpartyName>Citibank NA</counterpartyName>
              <counterpartyLei>E57ODZWZ7FF32TWEFA76</counterpartyLei>
            </counterparties>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>iShares MSCI Emerging Markets ETF</issuerName>
                <issueTitle>iShares MSCI Emerging Markets ETF</issueTitle>
                <identifiers>
                  <cusip value="464287234"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <floatingRecDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="equity-performance leg" floatingRtSpread="0.00000000" pmntAmt="0.00000000">
              <rtResetTenors>
                <rtResetTenor rateTenor="Month" rateTenorUnit="0" resetDt="Month" resetDtUnit="0"/>
              </rtResetTenors>
            </floatingRecDesc>
            <floatingPmntDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="Federal Funds Rate" floatingRtSpread="0.54767124" pmntAmt="0.00000000">
              <rtResetTenors>
                <rtResetTenor rateTenor="Day" rateTenorUnit="1" resetDt="Day" resetDtUnit="1"/>
              </rtResetTenors>
            </floatingPmntDesc>
            <terminationDt>2026-12-01</terminationDt>
            <upfrontPmnt>0.00000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>0.00000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>4789460.00000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>538898.40000000</unrealizedAppr>
          </swapDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>ETRS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="P4310890"/>
        </identifiers>
        <balance>167714.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>-120949.47000000</valUSD>
        <pctVal>-0.01370830137</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Swap" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>Citibank NA</counterpartyName>
              <counterpartyLei>E57ODZWZ7FF32TWEFA76</counterpartyLei>
            </counterparties>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>iShares 20+ Year Treasury Bond ETF</issuerName>
                <issueTitle>iShares 20+ Year Treasury Bond ETF</issueTitle>
                <identifiers>
                  <cusip value="464287432"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <floatingRecDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="equity-performance leg" floatingRtSpread="0.00000000" pmntAmt="0.00000000">
              <rtResetTenors>
                <rtResetTenor rateTenor="Month" rateTenorUnit="0" resetDt="Month" resetDtUnit="0"/>
              </rtResetTenors>
            </floatingRecDesc>
            <floatingPmntDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="Federal Funds Rate" floatingRtSpread="0.40000000" pmntAmt="0.00000000">
              <rtResetTenors>
                <rtResetTenor rateTenor="Day" rateTenorUnit="1" resetDt="Day" resetDtUnit="1"/>
              </rtResetTenors>
            </floatingPmntDesc>
            <terminationDt>2026-12-01</terminationDt>
            <upfrontPmnt>0.00000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>0.00000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>14418177.00000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-120949.47000000</unrealizedAppr>
          </swapDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>ETRS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="P4320480"/>
        </identifiers>
        <balance>252.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>385009.77000000</valUSD>
        <pctVal>0.043636652237</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Swap" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>Citibank NA</counterpartyName>
              <counterpartyLei>E57ODZWZ7FF32TWEFA76</counterpartyLei>
            </counterparties>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>S&amp;P 500 Total Return Index</issuerName>
                <issueTitle>S&amp;P 500 Total Return Index</issueTitle>
                <identifiers>
                  <cusip value="99352S914"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <floatingRecDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="equity-performance leg" floatingRtSpread="0.00000000" pmntAmt="0.00000000">
              <rtResetTenors>
                <rtResetTenor rateTenor="Month" rateTenorUnit="0" resetDt="Month" resetDtUnit="0"/>
              </rtResetTenors>
            </floatingRecDesc>
            <floatingPmntDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="Federal Funds Rate" floatingRtSpread="0.95000000" pmntAmt="0.00000000">
              <rtResetTenors>
                <rtResetTenor rateTenor="Day" rateTenorUnit="1" resetDt="Day" resetDtUnit="1"/>
              </rtResetTenors>
            </floatingPmntDesc>
            <terminationDt>2026-12-01</terminationDt>
            <upfrontPmnt>0.00000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>0.00000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>4054319.00000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>385009.77000000</unrealizedAppr>
          </swapDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>ETRS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="P5417820"/>
        </identifiers>
        <balance>4081.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>268589.40999999</valUSD>
        <pctVal>0.030441676009</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Swap" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>Citibank NA</counterpartyName>
              <counterpartyLei>E57ODZWZ7FF32TWEFA76</counterpartyLei>
            </counterparties>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>S&amp;P 500 Financials Index</issuerName>
                <issueTitle>S&amp;P 500 Financials Index</issueTitle>
                <identifiers>
                  <cusip value="034995621"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <floatingRecDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="equity-performance leg" floatingRtSpread="0.00000000" pmntAmt="0.00000000">
              <rtResetTenors>
                <rtResetTenor rateTenor="Month" rateTenorUnit="0" resetDt="Month" resetDtUnit="0"/>
              </rtResetTenors>
            </floatingRecDesc>
            <floatingPmntDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="Federal Funds Rate" floatingRtSpread="0.55000000" pmntAmt="0.00000000">
              <rtResetTenors>
                <rtResetTenor rateTenor="Day" rateTenorUnit="1" resetDt="Day" resetDtUnit="1"/>
              </rtResetTenors>
            </floatingPmntDesc>
            <terminationDt>2026-12-01</terminationDt>
            <upfrontPmnt>0.00000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>0.00000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>6823948.00000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>268589.41000000</unrealizedAppr>
          </swapDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>ETRS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="P6367770"/>
        </identifiers>
        <balance>2883.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1288954.93000000</valUSD>
        <pctVal>0.146088962962</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Swap" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>Citibank NA</counterpartyName>
              <counterpartyLei>E57ODZWZ7FF32TWEFA76</counterpartyLei>
            </counterparties>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>S&amp;P Midcap 400 Total Return Index</issuerName>
                <issueTitle>S&amp;P Midcap 400 Total Return Index</issueTitle>
                <identifiers>
                  <cusip value="834993487"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <floatingRecDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="equity-performance leg" floatingRtSpread="0.00000000" pmntAmt="0.00000000">
              <rtResetTenors>
                <rtResetTenor rateTenor="Month" rateTenorUnit="0" resetDt="Month" resetDtUnit="0"/>
              </rtResetTenors>
            </floatingRecDesc>
            <floatingPmntDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="Federal Funds Rate" floatingRtSpread="0.85000000" pmntAmt="0.00000000">
              <rtResetTenors>
                <rtResetTenor rateTenor="Day" rateTenorUnit="1" resetDt="Day" resetDtUnit="1"/>
              </rtResetTenors>
            </floatingPmntDesc>
            <terminationDt>2026-12-01</terminationDt>
            <upfrontPmnt>0.00000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>0.00000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>17684616.00000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>1288954.93000000</unrealizedAppr>
          </swapDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>ETRS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="P6403900"/>
        </identifiers>
        <balance>397.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>558506.66000000</valUSD>
        <pctVal>0.063300629733</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Swap" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>JPMorgan Chase Bank NA</counterpartyName>
              <counterpartyLei>7H6GLXDRUGQFU57RNE97</counterpartyLei>
            </counterparties>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>Russell 2000 Total Return Index</issuerName>
                <issueTitle>Russell 2000 Total Return Index</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <floatingRecDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="equity-performance leg" floatingRtSpread="0.00000000" pmntAmt="0.00000000">
              <rtResetTenors>
                <rtResetTenor rateTenor="Month" rateTenorUnit="0" resetDt="Month" resetDtUnit="0"/>
              </rtResetTenors>
            </floatingRecDesc>
            <floatingPmntDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="Federal Funds Rate" floatingRtSpread="0.42000000" pmntAmt="0.00000000">
              <rtResetTenors>
                <rtResetTenor rateTenor="Day" rateTenorUnit="1" resetDt="Day" resetDtUnit="1"/>
              </rtResetTenors>
            </floatingPmntDesc>
            <terminationDt>2027-04-08</terminationDt>
            <upfrontPmnt>0.00000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>0.00000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>6114268.00000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>558506.66000000</unrealizedAppr>
          </swapDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>ETRS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="P7273170"/>
        </identifiers>
        <balance>51984.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>644081.76000000</valUSD>
        <pctVal>0.072999632641</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Swap" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>Citibank NA</counterpartyName>
              <counterpartyLei>E57ODZWZ7FF32TWEFA76</counterpartyLei>
            </counterparties>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>iShares MSCI Emerging Markets ex China ETF</issuerName>
                <issueTitle>iShares MSCI Emerging Markets ex China ETF</issueTitle>
                <identifiers>
                  <cusip value="46434G764"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <floatingRecDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="equity-performance leg" floatingRtSpread="0.00000000" pmntAmt="0.00000000">
              <rtResetTenors>
                <rtResetTenor rateTenor="Month" rateTenorUnit="0" resetDt="Month" resetDtUnit="0"/>
              </rtResetTenors>
            </floatingRecDesc>
            <floatingPmntDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="Federal Funds Rate" floatingRtSpread="0.40000000" pmntAmt="0.00000000">
              <rtResetTenors>
                <rtResetTenor rateTenor="Day" rateTenorUnit="1" resetDt="Day" resetDtUnit="1"/>
              </rtResetTenors>
            </floatingPmntDesc>
            <terminationDt>2026-12-01</terminationDt>
            <upfrontPmnt>0.00000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>0.00000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>4733143.00000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>644081.76000000</unrealizedAppr>
          </swapDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>ETRS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="P7299510"/>
        </identifiers>
        <balance>1953.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>-126487.20000000</valUSD>
        <pctVal>-0.01433594258</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Swap" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>Citibank NA</counterpartyName>
              <counterpartyLei>E57ODZWZ7FF32TWEFA76</counterpartyLei>
            </counterparties>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>S&amp;P 500 Energy Total</issuerName>
                <issueTitle>S&amp;P 500 Energy Total</issueTitle>
                <identifiers>
                  <cusip value="5I003D955"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <floatingRecDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="equity-performance leg" floatingRtSpread="0.00000000" pmntAmt="0.00000000">
              <rtResetTenors>
                <rtResetTenor rateTenor="Month" rateTenorUnit="0" resetDt="Month" resetDtUnit="0"/>
              </rtResetTenors>
            </floatingRecDesc>
            <floatingPmntDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="Federal Funds Rate" floatingRtSpread="0.85000000" pmntAmt="0.00000000">
              <rtResetTenors>
                <rtResetTenor rateTenor="Day" rateTenorUnit="1" resetDt="Day" resetDtUnit="1"/>
              </rtResetTenors>
            </floatingPmntDesc>
            <terminationDt>2026-12-01</terminationDt>
            <upfrontPmnt>0.00000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>0.00000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>4251775.00000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-126487.20000000</unrealizedAppr>
          </swapDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>
      <explntrNote note="Country classifications may be different than those used for compliance monitoring purposes." noteItem="C.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2026-06-01</ncom:dateSigned>
      <ncom:nameOfApplicant>NEW YORK LIFE INVESTMENTS FUNDS TRUST</ncom:nameOfApplicant>
      <ncom:signature>Jack Benintende</ncom:signature>
      <ncom:signerName>Jack Benintende</ncom:signerName>
      <ncom:title>Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
