MainStay MacKay DefinedTerm Municipal Opportunities Fund - aVenture Asset Manager Research
Location
New York City, NY, US
MainStay MacKay DefinedTerm Municipal Opportunities Fund specializes in fixed income investments, focusing on tax-exempt municipal bonds. The fund, based in New York City, operates as a closed-ended mutual fund, primarily investing in investment grade municipal bonds that are exempt from regular U.S. Federal income taxes.
The fund is launched and managed by New York Life Investment Management LLC and co-managed by MacKay Shields LLC. It benchmarks its performance against the Barclays Municipal Bond Index. As part of New York Life Investments, the fund benefits from the company's commitment to diverse perspectives and sustainable client relationships.
Classification
NAICS
520000Finance and Insurance
523000Securities, Commodity Contracts, and Other Financial Investments and Related Activities
