Mainstay Mackay DefinedTerm Municipal Opportunities Fund Declares Monthly Dividend Distributions for the Months of January, February, and March 2024, Payable January 31, 2024, February 29, 2024 and March 28, 2024 Respectively
January 02, 2024 at 09:00 am EST
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MainStay MacKay DefinedTerm Municipal Opportunities Fund 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. Ex-date is January 12, 2024, February 15, 2024 and March 14, 2024; record date is January 16, 2024, February 16, 2024 and March 15, 2024; payment date is January 31, 2024, February 29, 2024 and March 28, 2024 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 January, February, and March 2024, Payable January 31, 2024, February 29, 2024 and March 28, 2024 Respectively
MAINSTAY MACKAY DEFINEDTERM MUNICIPAL OPPORTUNITIES FUND 
