MainStay MacKay DefinedTerm Municipal Opportunities Fund

Mainstay Mackay Definedterm Municipal Opportunities Fund operates as a closed-end investment fund, which engages in investments in the municipal bond market. Its primary objective is to seek current income exempt from regular U.S. Federal income taxes. The fund offers tax-exempt monthly distributions and total return potential, an opportunistic investment approach through active management, and a defined term that seeks to provide the net asset value upon termination to shareholders. The company was founded on April 20, 2011 and is headquartered in New York, NY.

Mainstay Mackay Defined term Municipal Opportunities Fund operates as a closed-end investment fund, which engages in investments in the municipal bond market. Its primary objective is to seek current income exempt from regular U.S. Federal income taxes. The fund offers tax-exempt monthly distributions and total return potential, an opportunistic investment approach through active management, and a defined term that seeks to provide the net asset value upon termination to shareholders. The company was founded on April 20, 2011 and is headquartered in New York, NY.

NEW YORK , April 1, 2024 /PRNewswire/ -- MainStay MacKay DefinedTerm Municipal Opportunities Fund (the "Fund") (NYSE:MMD) today announced monthly dividend distributions of $0.06 per common share for the months of April, May, and June 2024. This amount is consistent with the Fund's January, February, and March 2024 dividend distribution, which was also $0.06 per common share.

MAINSTAY MACKAY DEFINEDTERM MUNICIPAL OPPORTUNITIES FUND DECLARES MONTHLY DIVIDEND DISTRIBUTIONS FOR THE MONTHS OF APRIL, MAY, AND JUNE 2024

NEW YORK , Jan. 2, 2024 /PRNewswire/ -- MainStay MacKay DefinedTerm Municipal Opportunities Fund (the "Fund") (NYSE:MMD) today announced monthly dividend distributions of $0.06 per common share for the months of January, February and March 2024. This amount is consistent with the Fund's October, November and December 2023 dividend distribution, which was also $0.06 per common share.

MAINSTAY MACKAY DEFINEDTERM MUNICIPAL OPPORTUNITIES FUND DECLARES MONTHLY DIVIDEND DISTRIBUTIONS FOR THE MONTHS OF JANUARY, FEBRUARY, AND MARCH 2024

MainStay MacKay DefinedTerm Municipal Opportunities Fund is a CEF focused on generating current income from investment grade municipal bonds. MMD has a conservative management team and a history of peer-leading performance in the municipal bond asset class. While I am cautious on long-duration bonds at the moment, I believe the MMD fund is worthwhile to put on a watchlist for when the bond markets eventually turn.

MMD: A Solid Muni Fund That Is Worth Putting On A Watchlist

NEW YORK , Oct. 2, 2023 /PRNewswire/ -- MainStay MacKay DefinedTerm Municipal Opportunities Fund (the "Fund") (NYSE:MMD) today announced monthly dividend distributions of $0.06 per common share for the months of October, November and December 2023. This amount represents a decrease from the Fund's July, August and September 2023 dividend distributions, which were $0.07 per common share.

MAINSTAY MACKAY DEFINEDTERM MUNICIPAL OPPORTUNITIES FUND DECLARES MONTHLY DIVIDEND DISTRIBUTIONS FOR THE MONTHS OF OCTOBER, NOVEMBER AND DECEMBER 2023

NEW YORK , July 3, 2023 /PRNewswire/ -- MainStay MacKay DefinedTerm Municipal Opportunities Fund (the "Fund") (NYSE:MMD) today announced monthly dividend distributions of $0.07 per common share for the months of July, August and September 2023. This amount represents a decrease from the Fund's April, May and June 2023 dividend distributions, which were $0.075 per common share.

MAINSTAY MACKAY DEFINEDTERM MUNICIPAL OPPORTUNITIES FUND DECLARES MONTHLY DIVIDEND DISTRIBUTIONS FOR THE MONTHS OF JULY, AUGUST AND SEPTEMBER 2023

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NEW YORK , June 7, 2023 /PRNewswire/ -- New York Life Investments today announced that Naïm Abou-Jaoudé has joined the Board of Trustees of the MainStay MacKay DefinedTerm Municipal Opportunities Fund (NYSE: MMD) and the MainStay CBRE Global Infrastructure Megatrends Fund (NYSE: MEGI) (the "Funds") as a Class III Trustee. Mr. Abou-Jaoudé was recently announced as the new Chief Executive Officer of New York Life Investment Management LLC (NYLIM), and previously served as the Chairman and Chief Executive Officer of Candriam since 2007.

MainStay MacKay DefinedTerm Municipal Opportunities Fund and MainStay CBRE Global Infrastructure Megatrends Fund Announce Naïm Abou-Jaoudé Joins the Board of Trustees

NEW YORK , April 3, 2023 /PRNewswire/ -- MainStay MacKay DefinedTerm Municipal Opportunities Fund (the "Fund") (NYSE: MMD) today announced monthly dividend distributions of $0.075 per common share for the months of April, May and June 2023. This amount represents a decrease from the Fund's January, February and March 2023 dividend distributions, which were $0.080 per common share.

MAINSTAY MACKAY DEFINEDTERM MUNICIPAL OPPORTUNITIES FUND DECLARES MONTHLY DIVIDEND DISTRIBUTIONS FOR THE MONTHS OF APRIL, MAY AND JUNE 2023

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The January Effect boosted the valuation of most areas of the closed-end fund market. Taxable bond CEFs have rallied strongly while leaving munis behind. We think this is an opportunity for investors for 2023, as credit spreads are likely to widen, dragging down taxable bond NAVs. We favor munis and high-quality taxables.

CEF Report February 2023 | The January Effect Didn't Disappoint

NEW YORK , Jan. 3, 2023 /PRNewswire/ -- MainStay MacKay DefinedTerm Municipal Opportunities Fund (the "Fund") (NYSE:MMD) today announced monthly dividend distributions of $0.080 per common share for the months of January, February and March 2023. This amount represents a decrease from the Fund's October, November and December 2022 dividend distributions, which were $0.085 per common share.

MAINSTAY MACKAY DEFINEDTERM MUNICIPAL OPPORTUNITIES FUND DECLARES MONTHLY DIVIDEND DISTRIBUTIONS FOR THE MONTHS OF JANUARY, FEBRUARY AND MARCH 2023

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The Municipal bond sector has taken a hit this year on the back of high and sticky inflation and the Fed's attempt to bring it to heel. We discuss the key themes driving the sector and why the upcoming Fed pause may offer an attractive entry point.

Municipal CEF Sector Update: 2023 Fed Pause Offers A Good Entry Point

NEW YORK , Oct. 14, 2022 /PRNewswire/ -- New York Life Investments today announced the departure of Yie-Hsin Hung from the Board of Trustees of the MainStay MacKay DefinedTerm Municipal Opportunities Fund (NYSE: MMD) and the MainStay CBRE Global Infrastructure Megatrends Fund (NYSE: MEGI) (the "Funds"). Ms. Hung, who had previously announced her resignation as Chief Executive Officer of New York Life Investment Management and had served as a Trustee to one or more of the registrants within the MainStay Group of Funds since 2017, is resigning effective today.

MainStay MacKay DefinedTerm Municipal Opportunities Fund and MainStay CBRE Global Infrastructure Megatrends Fund Announce Departure of Yie-Hsin Hung from the Board of Trustees

NEW YORK , Oct. 3, 2022 /PRNewswire/ -- MainStay MacKay DefinedTerm Municipal Opportunities Fund (the "Fund") (NYSE:MMD) today announced monthly dividend distributions of $0.085 per common share for the months of October, November and December 2022. This amount is consistent with the Fund's July, August and September 2022 dividend distribution, which was also $0.085 per common share.

MAINSTAY MACKAY DEFINEDTERM MUNICIPAL OPPORTUNITIES FUND DECLARES MONTHLY DIVIDEND DISTRIBUTIONS FOR THE MONTHS OF OCTOBER, NOVEMBER AND DECEMBER 2022

NEW YORK , July 1, 2022 /PRNewswire/ -- MainStay MacKay DefinedTerm Municipal Opportunities Fund (the "Fund") (NYSE:MMD) today announced monthly dividend distributions of $0.085 per common share for the months of July, August and September 2022. This amount is consistent with the Fund's April, May and June 2022 dividend distribution, which was also $0.085 per common share.

MAINSTAY MACKAY DEFINEDTERM MUNICIPAL OPPORTUNITIES FUND DECLARES MONTHLY DIVIDEND DISTRIBUTIONS FOR THE MONTHS OF JULY, AUGUST AND SEPTEMBER 2022

NEW YORK , June 10, 2022 /PRNewswire/ -- The Board of Trustees of MainStay MacKay DefinedTerm Municipal Opportunities Fund (NYSE: MMD) has approved an amendment to the Fund's declaration of trust (the "Amendment") that will allow the Fund to conduct a tender offer to purchase all common shares of the Fund at a price equal to the Fund's net asset value ("NAV") per common share calculated in accordance with the Fund's valuation procedures, with the expiration date of the tender offer being as of a date within twelve months preceding December 31, 2024 (an "Eligible Tender Offer"). Currently, the Fund's scheduled termination date (the "Termination Date") is December 31, 2024.

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Municipal CEF Sector Update: Outperforming The Market For A Change

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MMD: Strong Muni Performer To Lock In Higher Yields

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NEW YORK , April 1, 2022 /PRNewswire/ -- MainStay MacKay DefinedTerm Municipal Opportunities Fund (the "Fund") (NYSE:MMD) today announced monthly dividend distributions of $0.085 per common share for the months of April, May and June 2022. This amount is consistent with the Fund's January, February and March 2022 dividend distribution, which was also $0.085 per common share.

MAINSTAY MACKAY DEFINEDTERM MUNICIPAL OPPORTUNITIES FUND DECLARES MONTHLY DIVIDEND DISTRIBUTIONS FOR THE MONTHS OF APRIL, MAY AND JUNE 2022

NEW YORK, Jan. 3, 2022 /PRNewswire/ -- MainStay MacKay DefinedTerm Municipal Opportunities Fund (the "Fund") (NYSE:MMD) today announced monthly dividend distributions of $0.085 per common share for the months of January, February and March 2022. This amount is consistent with the Fund's October, November and December 2021 dividend distribution, which was also $0.085 per common share.

MAINSTAY MACKAY DEFINEDTERM MUNICIPAL OPPORTUNITIES FUND DECLARES MONTHLY DIVIDEND DISTRIBUTIONS FOR THE MONTHS OF JANUARY, FEBRUARY AND MARCH 2022

NEW YORK, Dec. 31, 2021 /PRNewswire/ -- New York Life Investments today announced the appointment of Karen Hammond to the Board of Trustees of the MainStay MacKay DefinedTerm Municipal Opportunities Fund (NYSE: MMD) and the MainStay CBRE Global Infrastructure Megatrends Fund (NYSE: MEGI) (the "Funds") as a Class II Trustee. Ms. Hammond is replacing Richard H.

MainStay MacKay DefinedTerm Municipal Opportunities Fund and MainStay CBRE Global Infrastructure Megatrends Fund Appoint Karen Hammond to Board of Trustees

NEW YORK, Oct. 1, 2021 /PRNewswire/ -- MainStay MacKay DefinedTerm Municipal Opportunities Fund (the "Fund") (NYSE:MMD) today announced monthly dividend distributions of $0.085 per common share for the months of October, November and December 2021. This amount is consistent with the Fund's July, August and September 2021 dividend distribution, which was also $0.085 per common share.

MainStay MacKay DefinedTerm Municipal Opportunities Fund Declares Monthly Dividend Distributions For The Months Of October, November And December 2021

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NEW YORK, July 1, 2021 /PRNewswire/ --MainStay MacKay DefinedTerm Municipal Opportunities Fund (the "Fund") (NYSE:MMD) today announced monthly dividend distributions of $0.085 per common share for the months of July, August and September 2021. This amount is consistent with the Fund's April, May and June 2021 dividend distribution, which was also $0.085 per common share.

News for MainStay MacKay DefinedTerm Municipal Opportunities Fund ETF (MMD)