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New York Life Investments' NYLI MacKay Defined Term Muni Opportunities Fund Announces $0.06 Monthly Dividend Distribution for May 2025.
ByAinvest
Thursday, May 1, 2025 9:11 am ET1min read
The NYLI MacKay Defined Term Muni Opportunities Fund announced a monthly dividend distribution of $0.06 per common share for May 2025. The declaration date is May 1, 2025, with an ex-date, record date, and payable date of May 15, 2025, June 2, 2025, respectively. The distribution is consistent with the April 2025 dividend distribution of $0.06 per common share.
The NYLI MacKay Defined Term Muni Opportunities Fund (NYSE: MMD) has announced a monthly dividend distribution of $0.06 per common share for May 2025. This amount is consistent with the Fund's April 2025 dividend distribution, which was also $0.06 per common share. The declaration date is May 1, 2025, with an ex-date, record date, and payable date of May 15, 2025, and June 2, 2025, respectively.The Fund, managed by MacKay Municipal Managers™, is a recognized leader in active municipal bond investing with $80 billion in assets under management as of March 31, 2025. The Fund's investment philosophy is centered on a relative value, research-driven approach in the highly fragmented municipal bond market.
The dividend distribution schedule is as follows:
- Month Declaration Date: May 5, 2025
- Ex-Date: May 15, 2025
- Record Date: May 15, 2025
- Payable Date: June 2, 2025
Investors should note that the Fund is subject to various risks, including market risk, interest rate risk, credit risk, and the possible loss of principal. The Fund's daily New York Stock Exchange closing prices, net asset values per share, and other information are available through the Fund's website or by calling the shareholder servicing agent at (855) 456-9683.
References:
[1] https://www.stocktitan.net/news/MMD/nyli-mac-kay-defined-term-muni-opportunities-fund-declares-monthly-hpcluo1keei3.html
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