MainStay MacKay DefinedTerm Municipal Opportunities Fund (MMD)

16.19 +0.13 (+0.81%) At close: 04:00PM EDT

MainStay MacKay DefinedTerm Municipal Opportunities Fund

51 Madison Avenue
New York, NY 10010
United States
212-576-7000
https://www.nylinvestments.com/MainStayClosedEndFund

Sector(s): Financial Services
Industry: Asset Management
Full Time Employees: 

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. W. Michael Petty	Portfolio Manager	N/A	N/A	N/A
Mr. David M. Dowden	Portfolio Manager	N/A	N/A	1966
Mr. Scott Sprauer	Portfolio Manager	N/A	N/A	N/A
Mr. John Michael Loffredo C.F.A.	Portfolio Manager	N/A	N/A	1965
Mr. Robert Alan DiMella C.F.A.	Portfolio Manager	N/A	N/A	1967

Amounts are as of and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

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.

Corporate Governance

MainStay MacKay DefinedTerm Municipal Opportunities Fund’s ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.