NYLI U.S. Large Cap R&D Leaders ETF (LRND)

Assets	$116.14M
Expense Ratio	0.14%
PE Ratio	35.48
Shares Out	2.85M
Dividend (ttm)	$0.27
Dividend Yield	0.69%
Ex-Dividend Date	Dec 30, 2025
Payout Frequency	Quarterly
Payout Ratio	24.17%

Volume	1,221
Open	39.06
Previous Close	39.86
Day's Range	39.06 - 39.44
52-Week Low	28.22
52-Week High	41.88
Beta	1.07
Holdings	110
Inception Date	Feb 8, 2022

About LRND

Fund Home Page

The NYLI U.S. Large Cap R&D Leaders ETF (LRND) is an exchange-traded fund that is based on the NYLI U.S. Large Cap R&D Leaders index. The fund tracks an index of 100 large-cap US companies selected and weighted based on the most recently reported one year research and development (R&D) spending. LRND was launched on Feb 8, 2022 and is issued by New York Life Investments.

• Asset Class: Equity
• Category: Large Blend
• Region: North America
• Stock Exchange: NASDAQ
• Ticker Symbol: LRND
• ETF Provider: New York Life Investments
• Index Tracked: NYLI U.S. Large Cap R&D Leaders Index

Top 10 Holdings

68.82% of assets

Name	Symbol	Weight
NVIDIA Corporation	NVDA	13.80%
Apple Inc.	AAPL	13.13%
Microsoft Corporation	MSFT	10.30%
Alphabet Inc.	GOOGL	9.30%
Meta Platforms, Inc.	META	4.71%
Amazon.com, Inc.	AMZN	4.69%
Broadcom Inc.	AVGO	4.62%
Eli Lilly and Company	LLY	4.43%
Philip Morris International Inc.	PM	2.11%
PepsiCo, Inc.	PEP	1.71%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 30, 2025	$0.02214	Jan 5, 2026
Sep 30, 2025	$0.08064	Oct 6, 2025
Jun 30, 2025	$0.08035	Jul 7, 2025
Mar 31, 2025	$0.08832	Apr 4, 2025
Dec 30, 2024	$0.08342	Jan 3, 2025
Sep 30, 2024	$0.08605	Oct 3, 2024

Performance

LRND had a total return of 10.66% in the past year, including dividends. Since the fund's inception, the average annual return has been 13.04%.