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--(BUSINESS WIRE)--NYLI MacKay DefinedTerm Muni Opportunities Fund (the “Fund”) (NYSE:MMD) today announced monthly dividend distributions of $0.06 per common share for the month of December 2024. This amount is consistent with the Fund's November 2024 dividend distribution, which was also $0.06 per common share. Portfolio and municipal market commentary will be published on or around December 2, 2024 and can be retrieved here. Dividend Distribution Schedule: Month Declaration Date Ex-Da.

NYLI MacKay DefinedTerm Muni Opportunities Fund Declares Monthly Dividend Distributions for December 2024

Western Asset Emerging Markets Debt Fund

BlackRock Municipal Income Fund

Virtus AllianzGI Convertible & Income Fund

Virtus AllianzGI Convertible & Income Fund II

Putnam High Income Securities Fund

We review the CEF market valuation and performance through the third week of November and highlight recent market action. CEFs had a positive week, with most sectors gaining except for higher-quality sectors like Munis and Agencies. MLPs led month-to-date returns with double-digit gains. The Western Asset Emerging Market Debt Fund raised its distribution by 4%, but its 70% coverage ratio makes it less appealing.

CEF Weekly Review: Emerging Market Debt Remains A Tricky Income Holding

NEW YORK--(BUSINESS WIRE)--NYLI MacKay DefinedTerm Muni Opportunities Fund (NYSE: MMD) (the “Fund”) today announced the final results of a tender offer. As previously announced, the Fund conducted a tender offer allowing shareholders to offer up to 100% of their shares for repurchase for cash at a price per share equal to 100% of the net asset value per share determined on the date the tender offer expires. The tender offer expired on November 14, 2024, at 5:00 p.m. Eastern time. In the tender.

NYLI MacKay DefinedTerm Muni Opportunities Fund Announces Final Results of Tender Offer

NEW YORK--(BUSINESS WIRE)--NYLI MacKay DefinedTerm Muni Opportunities Fund (the “Fund”) (NYSE: MMD) today announced the preliminary results of a tender offer. As previously announced, the Fund conducted a tender offer allowing shareholders to offer up to 100% of their shares for repurchase for cash at a price per share equal to 100% of the net asset value per share determined on the date the tender offer expires. The tender offer expired on November 14, 2024, at 5:00 p.m. Eastern time. Based on.

NYLI MacKay DefinedTerm Muni Opportunities Fund Announces Preliminary Results of Tender Offer

NEW YORK--(BUSINESS WIRE)--NYLI MacKay DefinedTerm Muni Opportunities Fund (the “Fund”) (NYSE:MMD) today announced monthly dividend distributions of $0.06 per common share for the month of November 2024. This amount is consistent with the Fund's October 2024 dividend distribution, which was also $0.06 per common share. Portfolio and municipal market commentary will be published on or around November 1, 2024 and can be retrieved here. Dividend Distribution Schedule: Month Declaration Date Ex-Dat.

NYLI MacKay DefinedTerm Muni Opportunities Fund Declares Monthly Dividend Distributions for November 2024

NEW YORK--(BUSINESS WIRE)--NYLI MacKay DefinedTerm Muni Opportunities Fund (the “Fund”) (NYSE: MMD) today commenced a tender offer. The Fund will conduct a tender offer allowing shareholders to offer up to 100% of their shares for repurchase for cash at a price per share equal to 100% of the net asset value per share determined on the date the tender offer expires. The tender offer will expire on November 14, 2024, at 5:00 p.m. Eastern time, or on such later date to which the offer is extended.

NYLI MacKay DefinedTerm Muni Opportunities Fund Announces Commencement of Tender Offer

NEW YORK--(BUSINESS WIRE)--NYLI MacKay DefinedTerm Municipal Opportunities Fund (the “Fund”) (NYSE:MMD) today announced monthly dividend distributions of $0.06 per common share for the month of October 2024. This amount is consistent with the Fund's July, August, and September 2024 dividend distribution, which was also $0.06 per common share. Portfolio and municipal market commentary will be published on or around October 1, 2024 and can be retrieved here. Dividend Distribution Schedule: Month.

NYLI Mackay DefinedTerm Municipal Opportunities Fund Declares Monthly Dividend Distributions for October 2024

NEW YORK--(BUSINESS WIRE)--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 July, August, and September 2024. This amount is consistent with the Fund's April, May, and June 2024 dividend distribution, which was also $0.06 per common share. Portfolio and municipal market commentary will be published on or around July 1, 2024 and can be retrieved here. Dividend Distribution S.

MainStay MacKay DefinedTerm Municipal Opportunities Fund Declares Monthly Dividend Distributions for the Months of July, August, and September 2024

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

MainStay CBRE Global Infrastructure Megatrends Fund

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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Aberdeen Standard Global Infr Inc Fd

John Hancock Financial Opportunities Fund

Delaware Investments Dividend and Income Fund

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Eagle Point Credit

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Stone Harbor Emerging Markets Total Income Fund

Eagle Point Income Company Inc

Eaton Vance Tax-Managed Buy-Write Opportunities Fund

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Nuveen Dynamic Municipal Opportunities Fund

0 out of 22 closed-end fund sectors positive on price and 3 out of 22 sectors positive on NAV last week. KIO rights offering results.

Weekly Closed-End Fund Roundup: February 19, 2023

First Trust Mortgage Income Fund

FS Credit Opportunities Corp

First Trust High Yld Oprtnts 2027 Tr Fn

Invesco High Income 2024 Target Term Fund 

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Nuveen Municipal High Income Opportunity Fund

Nuveen Municipal Credit Income Fund

PIMCO Dynamic Income Fund

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

Eaton Vance

Nuveen Intermediate Duration Quality Municipal Term Fund

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.

MainStay MacKay DefinedTerm Municipal Opportunities Fund Announces Amendment to the Declaration of Trust

BlackRock Municipal 2030 Target Term Trust

BNY Mellon Municipal Bond Infrastructure Fund, Inc. 

Nuveen Quality Municipal Income Fund

Nuveen Enhanced Municipal Value Fund

The municipal CEF sector has outperformed the broader CEF space over the last month for a change, supported by stabilizing Treasury yields and a lower sensitivity to rising credit spreads. We discuss some of the ongoing themes in the sector such as leverage costs, valuations, duration, and sub-sector positioning.

Municipal CEF Sector Update: Outperforming The Market For A Change

Municipal bond valuations have cheapened considerably as yields have risen on the back of persistent inflation and hawkish Fed talk. Municipal CEF sector discounts are also trading at historically cheap levels.

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