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.
MainStay MacKay DefinedTerm Municipal Opportunities Fund (NYSE:MMD) announced monthly dividend distributions of $0.085 per common share for July, August, and September 2022. This dividend amount is consistent with the prior three months. Key dates include declaration on July 1, with the payable date on July 29. The Fund's dividends will originate from monthly undistributed net investment income, without expectation of principal return. Investors can access portfolio insights and other information via the Fund's website.
The Board of Trustees of MainStay MacKay DefinedTerm Municipal Opportunities Fund (MMD) has approved an amendment allowing a tender offer to purchase all its common shares at net asset value (NAV). This offer can occur within the next 12 months, contingent upon maintaining net assets above $200 million. If assets fall below this threshold, the offer will be canceled and the Fund will liquidate by December 31, 2024. Should the tender offer proceed successfully, the Fund may amend its trust declaration to continue as a perpetual closed-end fund.
MainStay MacKay DefinedTerm Municipal Opportunities Fund (NYSE:MMD) announced monthly dividend distributions of $0.085 per common share for April, May, and June 2022, consistent with the previous quarter's dividends. The declaration date for the April dividend is April 1, 2022, with a payable date of April 29, 2022. This dividend is sourced from the Fund's monthly undistributed net investment income and is not expected to involve a return of principal. The release includes a reminder of inherent investment risks, such as market and credit risks.
MainStay MacKay DefinedTerm Municipal Opportunities Fund (NYSE:MMD) has announced monthly dividend distributions of $0.085 per common share for January, February, and March 2022. This amount matches the previous quarterly dividend of $0.085 announced for the final three months of 2021. The dividend will be paid from the Fund's undistributed net investment income, with no return of principal expected. Key dates include the declaration date of January 3, 2022, and a payable date of January 31, 2022.
New York Life Investments appointed Karen Hammond as a Class II Trustee for the MainStay MacKay DefinedTerm Municipal Opportunities Fund (MMD) and MainStay CBRE Global Infrastructure Megatrends Fund (MEGI), effective December 31, 2021. Hammond replaces Richard H. Nolan, Jr., who has retired after serving as a Trustee since 2006. Hammond brings over 30 years of investment management experience, having previously worked with Fidelity Investments, where she held senior roles. The board for each fund remains at seven, with six independent trustees.
MainStay MacKay DefinedTerm Municipal Opportunities Fund (MMD) has announced monthly dividend distributions of $0.085 per common share for October, November, and December 2021, maintaining the same amount as the previous quarter. The declaration dates are set for October 1, 2021, with ex-dates occurring on October 14, November 12, and December 14. The dividends will be derived from undistributed net investment income and are not expected to include return of principal. Investors can find more information on the Fund's portfolio and market commentary on their website.
MainStay MacKay DefinedTerm Municipal Opportunities Fund (NYSE:MMD) declared monthly dividends of $0.085 per common share for July, August, and September 2021, maintaining the same level as the previous quarter. The dividends will be sourced from the Fund’s undistributed net investment income and are not expected to include a return of principal. Key dividend dates include: Declaration Date on July 1, 2021, Ex-Dates on July 14, August 13, and September 14, 2021, with Payable Dates on July 30, August 31, and September 30, 2021.
MainStay MacKay DefinedTerm Municipal Opportunities Fund (NYSE:MMD) announced consistent monthly dividend distributions of $0.085 per common share for April, May, and June 2021. This maintains the same amount as declared in the previous quarter. The Fund's dividends will come from undistributed net investment income and will not include a return of principal. Key dates include the declaration date of April 1, 2021, with ex-dates set for April 14, May 14, and June 14 for respective months, and payment dates scheduled for the end of each month.
MainStay MacKay DefinedTerm Municipal Opportunities Fund (MMD) has announced monthly dividend distributions of $0.085 per common share for January, February, and March 2021, maintaining the same rate as December 2020. The fund's management decided to return to quarterly dividend distributions considering current market conditions, aiming to enhance shareholder value. The dividends will stem from undistributed net investment income and are not anticipated to involve any return of principal. Significant dates include declaration on January 4, with payments scheduled for January 29, February 26, and March 31.
MainStay MacKay DefinedTerm Municipal Opportunities Fund (NYSE:MMD) has announced a monthly dividend of $0.085 per common share for December 2020, consistent with previous distributions in 2020. The dividend will be derived from undistributed net investment income, with no expected return of principal. Key dates include the declaration on December 1, 2020, ex-date on December 14, 2020, record date on December 15, 2020, and payment on December 31, 2020.
