Craig Sabal
Senior Managing Director, Deputy Chief Investment Officer and Head of Fixed Income Investors

Craig Sabal is a Senior Managing Director and Deputy Chief Investment Officer of New York Life and Head of Fixed Income Investors. He is responsible for the day-to-day management of the Office of the Chief Investment Officer, which oversees asset allocation and portfolio management for the General Account investment portfolio. He also oversees all public fixed-income portfolio management, trading, and research functions.

Prior to joining New York Life, Craig was the Deputy Chief Investment Officer at AIG responsible for strategic asset allocation and tactical investment decisions for the Life & Retirement and Property & Casualty operating businesses. Craig has more than 20 years of financial consulting leadership experience in strategic portfolio and risk management transactions across fixed income and equity markets to insurance companies. He served as Managing Director – Head of Insurance and Credit Solutions Group for Goldman Sachs, and previously held senior financial and consulting positions for several investment bank and accounting firms.

Craig earned his B.S. degree in accounting from Rutgers University.


Chartered Financial Analyst (CFA) and Certified Public Accountant (CPA)


Products Managed

Performance data quoted represents past performance. Past performance is no guarantee of future results. Due to market volatility, current performance may be less or higher than the figures shown. Investment return and principal value will fluctuate so that upon redemption, shares may be worth more or less than their original cost. Performance figures for all Funds reflect contractual waivers and/or expense limitations, without which total returns may have been lower. These limitations may be modified or terminated only with Board approval.

The Morningstar Rating™ for funds, or "star rating", is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product's monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance (this does not include the effects of sales charges, loads, and redemption fees). The top 10% of products in each product category receive 5stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three-year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods.

Click on the product name for the most recent overall risk-adjusted Morningstar ratings shown above, including ratings by share class and time period and the number of funds in each category. The Fund page also includes the prospectus, investment objectives, performance, risk and other important information.