Welcome to our dedicated page for NYLI MacKay DefinedTerm Muni Opps Fund news (Ticker: MMD), a resource for investors and traders seeking the latest updates and insights on NYLI MacKay DefinedTerm Muni Opps Fund stock.
NYLI MacKay DefinedTerm Muni Opps Fund (MMD) provides investors with centralized access to official news and regulatory updates for this municipal bond-focused investment vehicle. This resource aggregates press releases, strategic developments, and market positioning updates from New York Life Investment Management.
Users gain timely insights into portfolio adjustments, tax-exempt security allocations, and credit analysis methodologies. The archive includes earnings communications, leadership updates, and compliance-related announcements essential for understanding the fund's risk-managed approach.
Key updates cover municipal market trends, duration management strategies, and liquidity provisions specific to defined-term bond portfolios. Bookmark this page to monitor how MMD navigates interest rate environments while maintaining its capital preservation mandate.
NYLI MacKay DefinedTerm Muni Opportunities Fund (NYSE:MMD) has declared its monthly dividend distribution of $0.06 per common share for April 2025. The dividend amount remains unchanged from March 2025's distribution.
Key dates for the April 2025 dividend:
- Declaration Date: April 1, 2025
- Ex-Date: April 15, 2025
- Record Date: April 15, 2025
- Payable Date: May 1, 2025
The dividend will be sourced from monthly undistributed net investment income and is not expected to include any return of principal. The Fund provides daily NYSE closing prices, net asset values per share, and other information through their shareholder servicing agent.
NYLI MacKay DefinedTerm Muni Opportunities Fund (NYSE:MMD) has announced its monthly dividend distribution of $0.06 per common share for March 2025. This distribution maintains parity with February 2025's dividend of $0.06 per share.
The Fund's dividend will be sourced from monthly undistributed net investment income, with no expected return of principal. Portfolio and municipal market commentary will be available around March 3, 2025. Shareholders can access daily NYSE closing prices, net asset values per share, and other information through the Fund's shareholder servicing agent.
NYLI MacKay DefinedTerm Muni Opportunities Fund (NYSE:MMD) has declared its monthly dividend distribution of $0.06 per common share for February 2025. The dividend amount remains unchanged from January 2025's distribution. The dividend schedule details are as follows: declaration date February 3, 2025; ex-date and record date February 14, 2025; and payable date February 28, 2025.
The Fund's dividend will be sourced from monthly undistributed net investment income and is not expected to include any return of principal. Portfolio and municipal market commentary will be published around February 3, 2025. The Fund acknowledges inherent investment risks, including market, interest rate, and credit risks, with no guarantee of achieving investment objectives.
NYLI MacKay DefinedTerm Muni Opportunities Fund (NYSE:MMD) has declared its monthly dividend distribution of $0.06 per common share for January 2025. The dividend amount remains unchanged from December 2024's distribution.
Key dates for the January distribution are:
- Declaration Date: January 2, 2025
- Ex-Date: January 15, 2025
- Record Date: January 15, 2025
- Payable Date: January 31, 2025
The Fund's dividend will be sourced from monthly undistributed net investment income and is not expected to include any return of principal. Portfolio and municipal market commentary will be published around January 2, 2025.
The NYLI MacKay DefinedTerm Muni Opportunities Fund (NYSE:MMD) has announced its monthly dividend distribution for December 2024. The Fund will distribute $0.06 per common share, maintaining the same amount as November 2024. The dividend will be paid on December 31, 2024, with an ex-date and record date of December 16, 2024. The distribution will come from monthly undistributed net investment income and is not expected to include any return of principal.
NYLI MacKay DefinedTerm Muni Opportunities Fund (NYSE: MMD) has announced the final results of its tender offer. Shareholders were allowed to tender up to 100% of their shares at $16.89 per share, representing the NAV on November 14, 2024. The tender offer resulted in 9,147,341 common shares being tendered, approximately 32.8% of outstanding shares. Following the successful tender offer, the Fund's term has been extended to December 31, 2036, and the management fee will be reduced from 0.60% to 0.54% between December 31, 2024, and December 31, 2025.
NYLI MacKay DefinedTerm Muni Opportunities Fund (NYSE: MMD) has announced preliminary results of its tender offer, which expired on November 14, 2024. Shareholders were allowed to offer up to 100% of their shares for repurchase at 100% of NAV. Preliminary data shows 9,080,459 common shares were tendered, representing approximately 32.5% of outstanding shares. The tender offer completion requires the Fund's net assets to remain above $200 million after the transaction. If this condition is not met, the tender offer will be cancelled and the Fund will dissolve on December 31, 2024. Final results are expected around November 18, 2024.
NYLI MacKay DefinedTerm Muni Opportunities Fund (NYSE:MMD) has declared its monthly dividend distribution of $0.06 per common share for November 2024. This distribution maintains consistency with October 2024's dividend amount. The dividend will be paid on November 29, 2024, to shareholders of record as of November 21, 2024. The distribution will be derived from monthly undistributed net investment income and is not expected to include any return of principal.
NYLI MacKay DefinedTerm Muni Opportunities Fund (NYSE: MMD) has initiated a tender offer, allowing shareholders to offer up to 100% of their shares for repurchase at 100% of the net asset value per share. The offer expires on November 14, 2024. The Fund was the #1 performing fund among 37 Muni National Long closed-end funds over the trailing 10-year period ending September 30, 2024, based on both price and NAV returns.
The tender offer's completion is subject to conditions, including maintaining a minimum net asset value of $200 million. If this condition is not met, the Fund will dissolve on December 31, 2024. The Fund has paid $12.43 per share in total distributions since its inception in June 2012, with no return of capital. Modified distribution schedules for November and December 2024 have been announced.
NYLI MacKay DefinedTerm Municipal Opportunities Fund (NYSE:MMD) has announced its monthly dividend distribution for October 2024. The Fund will distribute $0.06 per common share, maintaining consistency with its July, August, and September 2024 dividend distributions. The dividend is scheduled to be declared on October 1, 2024, with an ex-date and record date of October 15, 2024, and a payable date of October 31, 2024.
The dividend will be sourced from the Fund's monthly undistributed net investment income and is not expected to include any return of principal. Investors can access additional information, including portfolio commentary, municipal market insights, and daily closing prices, through the Fund's website or by contacting the shareholder servicing agent.
