NYLI MacKay DefinedTerm Muni Opportunities Fund Declares Monthly Dividend Distributions for November 2024
01 Noviembre 2024 - 7:24AM
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-Date
Record Date
Payable Date
November
11/1/2024
11/21/2024
11/21/2024
11/29/2024
The Fund’s dividend will be derived from its monthly
undistributed net investment income and is not expected to contain
any return of principal.
The Fund’s daily New York Stock Exchange closing prices, net
asset values per share, as well as other information are available
by clicking here or by calling the Fund’s shareholder servicing
agent at (855) 456-9683.
For more insights from MacKay Municipal Managers™ and our New
York Life Investments affiliates click here.
There are risks inherent in any investment, including market
risk, interest rate risk, credit risk and the possible loss of
principal. There can be no assurance that the Fund’s investment
objectives will be achieved. Shares of closed-end funds frequently
trade at a discount from their net asset value, which may increase
investor risk.
About New York Life Investments
With over $750 billion in assets under management as of
September 30, 2024, New York Life Investments, a Pensions &
Investments’ Top 30 Largest Money Manager*, is comprised of the
affiliated global asset management businesses of its parent
company, New York Life Insurance Company, and offers clients access
to specialized, independent investment teams through its family of
affiliated boutiques. New York Life Investments remains committed
to clients through a combination of the diverse perspectives of its
boutiques and a long-lasting focus on sustainable
relationships.
*New York Life Investment Management ranked 26th largest
institutional investment manager in Pensions & Investments'
Largest Money Managers 2024 published June 2024, based on worldwide
institutional AUM as of 12/31/23. No direct or indirect
compensation was paid for the creation and distribution of this
ranking.
About MacKay Municipal Managers™
MacKay Municipal ManagersTM is a recognized leader in active
municipal bond investing and is entrusted with $82 billion in
assets under management, as of September 30, 2024. The team manages
a suite of highly rated municipal bond solutions available in
multiple vehicles. MacKay Municipal ManagersTM is a fundamental
relative-value bond manager that combines a top-down approach with
bottom-up, credit research. Our investment philosophy is centered
on the belief that strong long-term performance can be achieved
with a relative value, research driven approach in a highly
fragmented, inefficient municipal bond market.
About MacKay Shields LLC
MacKay Shields LLC (together with its subsidiaries, "MacKay")*,
a New York Life Investments company, is a global asset management
firm with $151 billion in assets under management** as of September
30, 2024. MacKay manages fixed income strategies for high-net worth
individuals and institutional clients through separately managed
accounts and collective investment vehicles including private
funds, collective investment trusts, UCITS, ETFs, closed end funds
and mutual funds. MacKay provides investors with specialty fixed
income expertise across global fixed income markets including
municipal bonds, high yield bonds, investment grade bonds,
structured credit, and emerging markets debt. The MacKay Shields
client experience provides investors direct access to senior
investment professionals. MacKay maintains offices in New York
City, Princeton, Los Angeles, London and Dublin. For more
information, please visit www.mackayshields.com or follow us on
Twitter or LinkedIn.
*MacKay Shields is a wholly owned subsidiary of New York Life
Investment Management Holdings LLC, which is wholly owned by New
York Life Insurance Company. ** Assets under management (AUM) as of
September 30, 2024 represents assets managed by MacKay Shields LLC
and its subsidiaries but excludes certain accounts and other assets
over which MacKay Shields continues to exercise discretionary
authority to liquidate but which are no longer actively
managed.
SMRU No. 5764330
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version on businesswire.com: https://www.businesswire.com/news/home/20241101839469/en/
Media Contact: Sara Guenoun | New York Life | (212)
576-4757 | Sara_j_Guenoun@newyorklife.com
Investors Contact: 855-456-9683
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