NYLI MacKay DefinedTerm Muni Opportunities Fund Announces Commencement of Tender Offer
NYLI MacKay DefinedTerm Muni Opportunities Fund Common Shares (MMD)
US:NYSE Investor Relations:
nylinvestments.com/mainstayclosedendfund
Company Research
Source: Business Wire
NEW YORK--(BUSINESS WIRE)--NYLI MacKay DefinedTerm Muni Opportunities Fund (the “Fund”) (NYSE: MMD) today commenced a tender offer. The Fund will conduct a tender offer allowing shareholders to offer up to 100% of their shares for repurchase for cash at a price per share equal to 100% of the net asset value per share determined on the date the tender offer expires. The tender offer will expire on November 14, 2024, at 5:00 p.m. Eastern time, or on such later date to which the offer is extended.“The Fund has provided shareholders with compelling returns and tax-exempt income since its inception,” said Bob DiMella, portfolio manager of the Fund and co-head of MacKay Municipal Managers™. “We believe the municipal fixed income markets are poised for another strong decade and are confident that the investment team will continue to successfully implement the Fund’s investment strategy if shareholders elect to remain invested in the Fund.”The Fund was the #1 performing fund based upon bo
Show less
Read more
Impact Snapshot
Event Time:
MMD
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MMD alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MMD alerts
High impacting NYLI MacKay DefinedTerm Muni Opportunities Fund Common Shares news events
Weekly update
A roundup of the hottest topics
MMD
News
- NYLI MacKay DefinedTerm Muni Opportunities Fund Declares Monthly Dividend Distributions for December 2024Business Wire
- NYLI MacKay DefinedTerm Muni Opportunities Fund Announces Final Results of Tender OfferBusiness Wire
- NYLI MacKay DefinedTerm Muni Opportunities Fund Announces Preliminary Results of Tender OfferBusiness Wire
- NYLI MacKay DefinedTerm Muni Opportunities Fund Declares Monthly Dividend Distributions for November 2024Business Wire
- NYLI Mackay DefinedTerm Municipal Opportunities Fund Declares Monthly Dividend Distributions for October 2024Business Wire
MMD
Sec Filings
- 11/21/24 - Form 4
- 11/19/24 - Form SC
- 11/15/24 - Form SC
- MMD's page on the SEC website