MainStay MacKay DefinedTerm Municipal Opportunities Fund Declares Dividends for the Months of January, February and March 2019, Payable on January 31, 2019, February 28, 2019 and March 29, 2019 Respectively
January 02, 2019 at 08:00 pm IST
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MainStay MacKay DefinedTerm Municipal Opportunities Fund announced monthly dividend distributions of $0.085 per common share for the months of January, February and March 2019. This amount is consistent from the Fund's October, November and December 2018 dividend distribution which was $0.085 per common share. The dividend will be payable on January 31, 2019, February 28, 2019 and March 29, 2019 respectively with record dates January 15, 2019, February 15, 2019 and March 15, 2019. The ex-dates are January 14, 2019, February 14, 2019 and March 14, 2019.
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 Dividends for the Months of January, February and March 2019, Payable on January 31, 2019, February 28, 2019 and March 29, 2019 Respectively
MAINSTAY MACKAY DEFINEDTERM MUNICIPAL OPPORTUNITIES FUND 
