# EDGAR Filing Document

**Accession Number:** 0001469192
**File Stem:** 0002071691-25-008879
**Filing Date:** 2025-12
**Character Count:** 50594
**Document Hash:** 87472945e67fe3b683fa1afdf261b5a0
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002071691-25-008879.hdr.sgml**: 20251222

**ACCESSION NUMBER**: 0002071691-25-008879

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251031

**FILED AS OF DATE**: 20251222

**DATE AS OF CHANGE**: 20251222

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** NEW YORK LIFE INVESTMENTS FUNDS TRUST
- **CENTRAL INDEX KEY:** 0001469192

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22321
- **FILM NUMBER:** 251589859

**BUSINESS ADDRESS:**
- **STREET 1:** 51 MADISON AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10010
- **BUSINESS PHONE:** 212 576 7000

**MAIL ADDRESS:**
- **STREET 1:** 51 MADISON AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10010

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MAINSTAY FUNDS TRUST
- **DATE OF NAME CHANGE:** 20090728

## Series and Classes Contracts Data

### NYLI MacKay Arizona Muni Fund (Series ID: S000085225)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000250179 | Class A      | AZTAX           |
| C000250180 | Class C      | AZTCX           |
| C000250181 | Class I      | AZTYX           |
| C000250182 | Class Z      | AZTFX           |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** NEW YORK LIFE INVESTMENTS FUNDS TRUST

- **b. Investment Company Act file number:** 811-22321

- **c. CIK number of Registrant:** 0001469192

- **d. LEI of Registrant:** 549300SQRLBSUG7RD002

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 51 Madison Avenue

  - **City:** New York

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10010

  - **Telephone number:** 212-576-7000

**Item A.2. Information about the Series.**

- **a. Name of Series:** NYLI MacKay Arizona Muni Fund

- **b. EDGAR series identifier (if any):** S000085225

- **c. LEI of Series:** 2549002VVYFG4YXZ0E87

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-10-31

- **b. Date as of which information is reported:** 2025-10-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $138359893.88

**Total Liabilities:** $487595.84

**Net Assets:** $137872298.04

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** -99.51000000 | **1-Year:** -1797.33000000 | **5-Year:** -6238.84000000 | **10-Year:** -40881.01000000 | **30-Year:** -23684.68000000

**Credit Spread Risk - Non-Investment Grade (dv01):**

- **3-Month:** 0.00000000 | **1-Year:** -293.52000000 | **5-Year:** -697.70000000 | **10-Year:** -5944.75000000 | **30-Year:** -4918.10000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000250181 | 0.72%                | 1.75%                | 1.12%                |
| Class ID C000250182 | 0.71%                | 1.74%                | 1.11%                |
| Class ID C000250180 | 0.67%                | 1.71%                | 1.08%                |
| Class ID C000250179 | 0.70%                | 1.73%                | 1.10%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-425873.25              | $1096931.67                                |
| Month 2  | $-26012.10               | $2171308.82                                |
| Month 3  | $44285.55                | $1128593.57                                |

**Designated Index Information**

- **Index Name:** Bloomberg Municipal (1-15 Y)

- **Index Identifier:** LEH__LHMN6112

### Schedule of Portfolio Investments

| Name                                                                  | Title                                                                           | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Matching Fund Special Purpose Securitization Corp.                    | Matching Fund Special Purpose Securitization Corp., Series A                    | CUSIP: 57665NAG0<br>LEI: N/A                  | Long             | DBT              | MUN               | VI        |   1600000 | PA      | $1638440.96   | 1.19%             | 2039-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Peoria                                                        | City of Peoria, Series A                                                        | CUSIP: 712838RS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1180000 | PA      | $1180355.30   | 0.86%             | 2032-07-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| City of Glendale                                                      | City of Glendale                                                                | CUSIP: 378352SL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    875000 | PA      | $994160.48    | 0.72%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                           | Commonwealth of Puerto Rico                                                     | CUSIP: 74514L4C8<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | PR        |   1023142 | PA      | $691900.08    | 0.50%             | 2051-11-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| City of Goodyear                                                      | City of Goodyear                                                                | CUSIP: 382505ND3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1754906.60   | 1.27%             | 2040-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Maricopa County Industrial Development Authority                      | Maricopa County Industrial Development Authority, Series A                      | CUSIP: 56682HCK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1447679.10   | 1.05%             | 2041-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Dreyfus Government Cash Management                                    | Dreyfus Government Cash Management - Institutional Shares, Class I              | CUSIP: 262006208<br>LEI: 5493000Q69I5Q3QZIA91 | Long             | STIV             | RF                | US        |   1289239 | NS      | $1289238.69   | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Industrial Development Authority of the City of Phoenix Arizona (The) | Industrial Development Authority of the City of Phoenix Arizona (The), Series A | CUSIP: 71885FEK9<br>LEI: 549300A62PWFBDWB8332 | Long             | DBT              | MUN               | US        |   1225000 | PA      | $1219437.89   | 0.88%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Pinal                                                       | County of Pinal                                                                 | CUSIP: 72205RJB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1078567.50   | 0.78%             | 2043-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chandler Industrial Development Authority                             | Chandler Industrial Development Authority, Series 2                             | CUSIP: 158862CB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4067459.60   | 2.95%             | 2052-09-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Maricopa County Elementary School District No. 59 Laveen              | Maricopa County Elementary School District No. 59 Laveen                        | CUSIP: 567303HD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1120000 | PA      | $1137158.85   | 0.82%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maricopa County Industrial Development Authority                      | Maricopa County Industrial Development Authority                                | CUSIP: 56681NFK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $705972.82    | 0.51%             | 2033-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Goodyear                                                      | City of Goodyear                                                                | CUSIP: 38251UBH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    805000 | PA      | $808725.14    | 0.59%             | 2027-01-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Maricopa County & Phoenix Industrial Development Authorities          | Maricopa County & Phoenix Industrial Development Authorities, Series B          | CUSIP: 566736LA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1116427.40   | 0.81%             | 2056-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Maricopa County Industrial Development Authority                      | Maricopa County Industrial Development Authority                                | CUSIP: 56678TAA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $852760.10    | 0.62%             | 2047-10-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| Yuma County Library District                                          | Yuma County Library District                                                    | CUSIP: 988589CN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000661.80   | 0.73%             | 2029-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Tempe                                                         | City of Tempe                                                                   | CUSIP: 879709F24<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001387.60   | 0.73%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                              | Arizona Industrial Development Authority, Series A                              | CUSIP: 04052FCN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1065000 | PA      | $1048653.42   | 0.76%             | 2038-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Glendale                                                      | City of Glendale                                                                | CUSIP: 378352SH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $437591.25    | 0.32%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Municipal Gas Acquisition & Supply Corp. IV                     | Texas Municipal Gas Acquisition & Supply Corp. IV, Series A                     | CUSIP: 88256PAG5<br>LEI: 549300PTUE847QDBBW22 | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1447715.16   | 1.05%             | 2054-01-01      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                              | New Hampshire Business Finance Authority, Series 2, Class A-1                   | CUSIP: 63607WBN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1347692 | PA      | $1326036.60   | 0.96%             | 2042-11-20      | Variable      | 4.22%                 | No            |                  2 | On Loan: No      |
| City of Peoria                                                        | City of Peoria                                                                  | CUSIP: 712838UD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3235000 | PA      | $2728555.25   | 1.98%             | 2036-07-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| City of Phoenix Civic Improvement Corp.                               | City of Phoenix Civic Improvement Corp.                                         | CUSIP: 71883MNF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2025494.40   | 1.47%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                              | Arizona Industrial Development Authority                                        | CUSIP: 04052BJY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $155057.00    | 0.11%             | 2049-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Industrial Development Authority of the City of Phoenix Arizona (The) | Industrial Development Authority of the City of Phoenix Arizona (The), Series A | CUSIP: 71885FDK0<br>LEI: 549300A62PWFBDWB8332 | Long             | DBT              | MUN               | US        |   3240000 | PA      | $3240240.41   | 2.35%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Goodyear                                                      | City of Goodyear                                                                | CUSIP: 382900GD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1632364.95   | 1.18%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Territory of Guam                                                     | Territory of Guam, Series G                                                     | CUSIP: 40065NCX3<br>LEI: N/A                  | Long             | DBT              | MUN               | GU        |   1000000 | PA      | $1082132.20   | 0.78%             | 2031-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                              | Arizona Industrial Development Authority, Series A                              | CUSIP: 04052JDB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1038971.20   | 0.75%             | 2040-10-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp.                                 | Puerto Rico Sales Tax Financing Corp., Series A-1                               | CUSIP: 74529JPV1<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |    547000 | PA      | $543258.96    | 0.39%             | 2040-07-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Student & Academic Services LLC                                       | Student & Academic Services LLC                                                 | CUSIP: 86386TBP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2050000 | PA      | $2195682.43   | 1.59%             | 2043-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                     | Southeast Energy Authority A Cooperative District, Series B                     | CUSIP: 84136HBT9<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1077680.50   | 0.78%             | 2055-03-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| N/A                                                                   | U.S. Treasury Long Bonds                                                        | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |       -20 | NC      | $-45046.00    | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| Commonwealth of Puerto Rico                                           | Commonwealth of Puerto Rico                                                     | CUSIP: 74514L3T2<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | PR        |   1329857 | PA      | $851108.58    | 0.62%             | 2043-11-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| Maricopa County & Phoenix Industrial Development Authorities          | Maricopa County & Phoenix Industrial Development Authorities, Series A          | CUSIP: 566736JX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1659817.50   | 1.20%             | 2056-03-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| City of Buckeye                                                       | City of Buckeye                                                                 | CUSIP: 118084CM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1138841.50   | 0.83%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                              | Arizona Industrial Development Authority, Series B                              | CUSIP: 04052EAA6<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |    150000 | PA      | $150000.00    | 0.11%             | 2048-02-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Maricopa County & Phoenix Industrial Development Authorities          | Maricopa County & Phoenix Industrial Development Authorities, Series C          | CUSIP: 566736HU1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2232736.60   | 1.62%             | 2055-03-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                            | Chicago Board of Education, Series A                                            | CUSIP: 167505QY5<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |    500000 | PA      | $501277.90    | 0.36%             | 2044-12-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| City of Glendale                                                      | City of Glendale                                                                | CUSIP: 378280YV7<br>LEI: 5493002BC35ZY7XRQ949 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1376552.25   | 1.00%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Buckeye                                                       | City of Buckeye                                                                 | CUSIP: 118084CQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1085000 | PA      | $1197567.77   | 0.87%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Buckeye                                                       | City of Buckeye                                                                 | CUSIP: 118084CL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $861403.88    | 0.62%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pima County Unified School District No. 1                             | Pima County Unified School District No. 1, Series A                             | CUSIP: 721799J70<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1195553.15   | 0.87%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Board of Regents                                              | University of Arizona (The), Series A                                           | CUSIP: 040484D20<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $926289.50    | 0.67%             | 2039-08-01      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| Energy Southeast A Cooperative District                               | Energy Southeast A Cooperative District, Series B                               | CUSIP: 292723CN1<br>LEI: 2549001SMMZ81MXBXZ89 | Long             | DBT              | MUN               | US        |    500000 | PA      | $520005.15    | 0.38%             | 2033-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Phoenix Civic Improvement Corp.                               | City of Phoenix Civic Improvement Corp., Series B                               | CUSIP: 71883MPR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1383550.35   | 1.00%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Yuma Industrial Development Authority                                 | Yuma Industrial Development Authority, Series A                                 | CUSIP: 988514DK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1530000 | PA      | $1692879.21   | 1.23%             | 2039-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Industrial Development Authority of the City of Phoenix Arizona (The) | Industrial Development Authority of the City of Phoenix Arizona (The), Series A | CUSIP: 71885FEJ2<br>LEI: 549300A62PWFBDWB8332 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $987084.30    | 0.72%             | 2046-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maricopa County Special Health Care District                          | Maricopa County Special Health Care District, Series C                          | CUSIP: 56756TAN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3172609.50   | 2.30%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Territory of Guam                                                     | Territory of Guam, Series F                                                     | CUSIP: 40065NCQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | GU        |    800000 | PA      | $809638.96    | 0.59%             | 2036-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Antonio B Won Pat International Airport Authority                     | Antonio B Won Pat International Airport Authority, Series A                     | CUSIP: 40064RFQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | GU        |    100000 | PA      | $108704.77    | 0.08%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Mesa                                                          | City of Mesa                                                                    | CUSIP: 5904853W6<br>LEI: 549300L1QYAKFHSIGE94 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1625788.20   | 1.18%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Phoenix Civic Improvement Corp.                               | City of Phoenix Civic Improvement Corp.                                         | CUSIP: 71883MQL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1054332.20   | 0.76%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maricopa County Industrial Development Authority                      | Maricopa County Industrial Development Authority, Series A-1                    | CUSIP: 56682HDU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2017699.40   | 1.46%             | 2053-01-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Maricopa County Pollution Control Corp.                               | Maricopa County Pollution Control Corp., Series A                               | CUSIP: 566854EE1<br>LEI: 549300QPXP6T4Y6I1D83 | Long             | DBT              | MUN               | US        |   3465000 | PA      | $3218392.83   | 2.33%             | 2040-02-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| City of Cottonwood                                                    | City of Cottonwood                                                              | CUSIP: 221821AP6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500662.10    | 0.36%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maricopa County Industrial Development Authority                      | Maricopa County Industrial Development Authority, Series D                      | CUSIP: 56678PCM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1040010.30   | 0.75%             | 2045-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Board of Regents                                              | Arizona Board of Regents, Series C                                              | CUSIP: 04048RXJ0<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |    700000 | PA      | $700000.00    | 0.51%             | 2055-07-01      | Variable      | 3.18%                 | No            |                  2 | On Loan: No      |
| Maricopa County Union High School District No. 210                    | Maricopa County Union High School District No. 210-Phoenix, Series B            | CUSIP: 567505SS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2869362.50   | 2.08%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Industrial Development Authority of the City of Phoenix Arizona (The) | Industrial Development Authority of the City of Phoenix Arizona (The), Series A | CUSIP: 71885FEH6<br>LEI: 549300A62PWFBDWB8332 | Long             | DBT              | MUN               | US        |   1010000 | PA      | $1007045.75   | 0.73%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Tempe                                                         | City of Tempe                                                                   | CUSIP: 87973ECX5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1892767.10   | 1.37%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                              | Arizona Industrial Development Authority, Series A                              | CUSIP: 04052FDU6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1046671.00   | 0.76%             | 2028-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maricopa County Union High School District No. 216                    | Maricopa County Union High School District No. 216 Agua Fria                    | CUSIP: 567541SQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1077257.10   | 0.78%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maricopa County & Phoenix Industrial Development Authorities          | Maricopa County & Phoenix Industrial Development Authorities, Series A          | CUSIP: 566736EK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1015000 | PA      | $1133573.32   | 0.82%             | 2055-03-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Goodyear Community Facilities Utilities District No. 1                | Goodyear Community Facilities Utilities District No. 1                          | CUSIP: 38251NET8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500310.05    | 0.36%             | 2028-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Buckeye Jackrabbit Trail Sanitary Sewer Improvement District          | Buckeye Jackrabbit Trail Sanitary Sewer Improvement District                    | CUSIP: 118089AA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     96000 | PA      | $96467.04     | 0.07%             | 2029-01-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| GDB Debt Recovery Authority of Puerto Rico                            | GDB Debt Recovery Authority of Puerto Rico                                      | CUSIP: 36829QAA3<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |    198464 | PA      | $193401.70    | 0.14%             | 2040-08-20      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Industrial Development Authority of the City of Phoenix Arizona (The) | Industrial Development Authority of the City of Phoenix Arizona (The), Series A | CUSIP: 71885MBV3<br>LEI: 549300A62PWFBDWB8332 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2123987.40   | 1.54%             | 2044-10-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maricopa County Union High School District No. 216                    | Maricopa County Union High School District No. 216 Agua Fria                    | CUSIP: 567541SD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $582202.80    | 0.42%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Nogales Municipal Development Authority, Inc.                         | Nogales Municipal Development Authority, Inc.                                   | CUSIP: 655275KD6<br>LEI: 549300YV67RLHO77IW67 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2013096.40   | 1.46%             | 2039-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Salt Verde Financial Corp.                                            | Salt Verde Financial Corp., Series 1                                            | CUSIP: 79575EAP3<br>LEI: 549300VEWOZY6TQOIF03 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3145530.90   | 2.28%             | 2028-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                              | Arizona Industrial Development Authority                                        | CUSIP: 04062PCC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2028355.60   | 1.47%             | 2058-02-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                              | Arizona Industrial Development Authority, Series A                              | CUSIP: 04052JDF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1112199.40   | 0.81%             | 2055-10-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Industrial Development Authority of the City of Phoenix Arizona (The) | Industrial Development Authority of the City of Phoenix Arizona (The), Series A | CUSIP: 71885DDH2<br>LEI: 549300A62PWFBDWB8332 | Long             | DBT              | MUN               | US        |    750000 | PA      | $755247.08    | 0.55%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                              | Arizona Industrial Development Authority                                        | CUSIP: 04052AEG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4590429 | PA      | $3793938.20   | 2.75%             | 2037-07-01      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| Kentucky Public Energy Authority                                      | Kentucky Public Energy Authority, Series B                                      | CUSIP: 74440DFQ2<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |    750000 | PA      | $782884.28    | 0.57%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pinal County Industrial Development Authority                         | Pinal County Industrial Development Authority, Series A                         | CUSIP: 72206FAB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1585055.40   | 1.15%             | 2033-10-01      | Variable      | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                        | Black Belt Energy Gas District, Series B                                        | CUSIP: 09182TEW3<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   1120000 | PA      | $1167241.82   | 0.85%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Estrella Mountain Ranch Community Facilities District                 | Estrella Mountain Ranch Community Facilities District                           | CUSIP: 29758ABN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    155000 | PA      | $159492.99    | 0.12%             | 2032-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                           | Commonwealth of Puerto Rico, Series A-1                                         | CUSIP: 74514L3N5<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | PR        |   1000000 | PA      | $918775.40    | 0.67%             | 2041-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                              | Arizona Industrial Development Authority, Series B                              | CUSIP: 04052TDD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3163712 | PA      | $2489493.65   | 1.81%             | 2059-01-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Maricopa County Special Health Care District                          | Maricopa County Special Health Care District, Series C                          | CUSIP: 56756TAQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1579753.95   | 1.15%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Peoria                                                        | City of Peoria                                                                  | CUSIP: 712838UC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1088842.13   | 0.79%             | 2035-07-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Industrial Development Authority of the City of Phoenix Arizona (The) | Industrial Development Authority of the City of Phoenix Arizona (The)           | CUSIP: 718903RV1<br>LEI: 549300A62PWFBDWB8332 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2504491.00   | 1.82%             | 2059-02-01      | Variable      | 3.10%                 | No            |                  2 | On Loan: No      |
| Maricopa County Industrial Development Authority                      | Maricopa County Industrial Development Authority, Series A                      | CUSIP: 56682HBW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1520000 | PA      | $1557219.18   | 1.13%             | 2032-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                              | Arizona Industrial Development Authority, Series A                              | CUSIP: 04052BJB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    355000 | PA      | $351371.30    | 0.25%             | 2029-12-15      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| Tempe Industrial Development Authority                                | Tempe Industrial Development Authority, Series B-2                              | CUSIP: 87972MCC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $995439.60    | 0.72%             | 2030-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| City of Glendale                                                      | City of Glendale                                                                | CUSIP: 378352SP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1480000 | PA      | $1631021.12   | 1.18%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Industrial Development Authority of the County of Pima (The)          | Industrial Development Authority of the County of Pima (The), Series D-1        | CUSIP: 721905SV0<br>LEI: 549300QDTQ25545R4K19 | Long             | DBT              | MUN               | US        |   1960000 | PA      | $2123816.02   | 1.54%             | 2055-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Lake Havasu City                                              | City of Lake Havasu City                                                        | CUSIP: 50989RAS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1479021.83   | 1.07%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mystic Lake Pleasant Heights Community Facilities District            | Mystic Lake Pleasant Heights Community Facilities District                      | CUSIP: 62866CAB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    295000 | PA      | $294672.14    | 0.21%             | 2028-07-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| State of Arizona                                                      | State of Arizona, Series B                                                      | CUSIP: 71884WCL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2093801.00   | 1.52%             | 2027-07-01      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp.                                 | Puerto Rico Sales Tax Financing Corp., Series A-2                               | CUSIP: 74529JRJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |   1248000 | PA      | $1211612.69   | 0.88%             | 2040-07-01      | Fixed         | 4.33%                 | No            |                  2 | On Loan: No      |
| Salt River Project Agricultural Improvement & Power District          | Salt River Project Agricultural Improvement & Power District, Series A          | CUSIP: 79574CFC2<br>LEI: SHB8HO6GKXJ83RX5OV39 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2178456.80   | 1.58%             | 2044-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maricopa County Unified School District No. 48 Scottsdale             | Maricopa County Unified School District No. 48 Scottsdale, Series C             | CUSIP: 567288VW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2350000 | PA      | $2319109.49   | 1.68%             | 2034-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                   | U.S. Treasury 10 Year Ultra Bonds                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |       -45 | NC      | $-72456.57    | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| City of Lake Havasu City                                              | City of Lake Havasu City                                                        | CUSIP: 50989RAV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1100936.00   | 0.80%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Peoria                                                        | City of Peoria                                                                  | CUSIP: 712838UG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1549534.00   | 1.12%             | 2039-07-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Tucson Industrial Development Authority                               | Tucson Industrial Development Authority, Series A-1                             | CUSIP: 898700JA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2188236.00   | 1.59%             | 2056-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                              | Arizona Industrial Development Authority, Series A                              | CUSIP: 04052EBW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $803271.20    | 0.58%             | 2045-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Tucson Industrial Development Authority                               | Tucson Industrial Development Authority, Series B                               | CUSIP: 898743GJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $998726.70    | 0.72%             | 2044-10-01      | Variable      | 3.05%                 | No            |                  2 | On Loan: No      |
| City of Glendale                                                      | City of Glendale                                                                | CUSIP: 378307CA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $574532.55    | 0.42%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                       | California Community Choice Financing Authority, Series C                       | CUSIP: 13013JCM6<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1448441.33   | 1.05%             | 2054-01-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Mesa                                                          | City of Mesa, Series C                                                          | CUSIP: 590545Y94<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1162944.00   | 0.84%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-12-01

**Name of Applicant:** NEW YORK LIFE INVESTMENTS FUNDS TRUST

**Signature:** Jack Benintende

**Name of Signer:** Jack Benintende

**Title:** Treasurer