NYLI MacKay DefinedTerm Muni Fund extends term to Dec 31, 2036 after tender offer

NYLI MacKay DefinedTerm Muni Opportunities Fund

Completed tender offer on Nov 19, 2024 buying shares at NAV; board approved 12-year extension on Dec 3.
New termination date for closed-end fund (MMD) is December 31, 2036, per amended Declaration of Trust.
Amendment to Declaration of Trust effective December 3, 2024.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

NYLI MacKay DefinedTerm Muni Opportunities Fund: Approved amendment and restatement of the Declaration of Trust to reflect a new 12-year term terminating December 31, 2036 (effective 2024-12-03).

Change: charter amendment
Effective: 2024-12-03

Exact text from the filing

On December 3, 2024, the Board approved an amendment and restatement of the Declaration of Trust to reflect a new 12-year term for the Fund with a termination of December 31, 2036. The amended and restated Declaration of Trust became effective on December 3, 2024.

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Source: SEC EDGAR

accession 0001193125-24-272859

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