NYLI MacKay DefinedTerm Muni Opportunities Fund Shs of Beneficial Interest (MMD) NYSE

14.96

+0.02(+0.13%)

Updated at December 04 04:00PM

Currency In USD

NYLI MacKay DefinedTerm Muni Opportunities Fund Shs of Beneficial Interest

Address

51 Madison Avenue

New York City, NY 10010-1603

United States of America

Phone

888 474 7725

Sector

Financial Services

Industry

Asset Management

Employees

N/A

First IPO Date

August 03, 2012

Key Executives

NameTitlePayYear Born
Mr. Robert Alan DiMella C.F.A.Portfolio Manager01967
Mr. W. Michael PettyPortfolio Manager0N/A
Mr. David M. DowdenPortfolio Manager01966
Mr. Scott SprauerPortfolio Manager0N/A
Mr. John Michael Loffredo C.F.A.Portfolio Manager01965

Description

MainStay DefinedTerm Municipal Opportunities Fund is a closed-ended fixed income mutual fund launched and managed by New York Life Investment Management LLC. The fund is co-managed by MacKay Shields LLC. It invests in the fixed income markets of the United States. The fund primarily invests in investment grade municipal bonds which are exempt from regular U.S. Federal income taxes. It benchmarks the performance of its portfolio against the Barclays Municipal Bond Index. MainStay DefinedTerm Municipal Opportunities Fund was formed on June 26, 2012 and is domiciled in the United States.