Centrifuge has launched the NYLIM Anemoy U.S. High Yield Corporate Bond Segregated Portfolio, trading under the ticker HYB. The fund provides exposure to sub-investment-grade US corporate debt, offering a 7.24% yield to worst. It is the first tokenized offering from New York Life Investment Management, a firm managing approximately $807 billion in assets.
The fund is domiciled in the British Virgin Islands and supports the Avalanche blockchain via Circle’s Arc network. It utilizes USDC for subscriptions and redemptions. Access is restricted to qualified non-US investors, with a minimum entry requirement of $100,000. The product received an A rating from the agency Particula, indicating lower-medium risk.
The underlying strategy has historical returns of 11.40% in 2023, 6.88% in 2024, and 7.28% in 2025. As of early November 2026, the fund had approximately $638,000 in assets under management. While NYLIM and MacKay Shields manage the portfolio and risk assessment, Centrifuge provides the infrastructure for distribution and settlement.
