MainStay MacKay DefinedTerm Municipal Opportunities Fund Declares Monthly Dividend Distributions for the Months of April, May and June 2023, Payable on April 28, 2023, May 31, 2023 and June 30, 2023 Respectively
April 03, 2023 at 09:01 am EDT
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MainStay MacKay DefinedTerm Municipal Opportunities Fund 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. Ex-date is April 13, 2023, May 12, 2023 and June 14, 2023; record date is April 14, 2023, May 15, 2023 and June 15, 2023; payment date is April 28, 2023, May 31, 2023 and June 30, 2023 respectively.
MainStay MacKay DefinedTerm Municipal Opportunities Fund is a diversified closed-end management investment company. The Fund's primary investment objective is to seek current income exempt from regular United States (U.S.) federal income taxes (but which may be includable in taxable income for the purpose of the Federal alternative minimum tax). The Fund's secondary objective is a total return. The Fund seeks to achieve its investment objectives by investing, under normal market conditions, at least 80% of its managed assets in municipal bonds, the interest on which is, in the opinion of bond counsel to the issuers, generally excludable from gross income for regular U.S. Federal income tax purposes (except that the interest may be includable in taxable income for purposes of the Federal alternative minimum tax). The Fund may invest in both tender option bond (TOB) floaters and TOB residuals. The Fund's manager is New York Life Investment Management LLC.
MainStay MacKay DefinedTerm Municipal Opportunities Fund Declares Monthly Dividend Distributions for the Months of April, May and June 2023, Payable on April 28, 2023, May 31, 2023 and June 30, 2023 Respectively
MAINSTAY MACKAY DEFINEDTERM MUNICIPAL OPPORTUNITIES FUND 
