Articles from New York Life Investments

NYLI CBRE Global Infrastructure Megatrends Term Fund (the "Fund") (NYSEMEGI) today announced the Fund’s monthly distributions for January 2025 of $0.1250 per common share. The Fund’s current annualized distribution rate is 12.31% based upon the closing price of $12.19 on January 10, 2025, and 11.07% based upon the Fund’s closing NAV of $13.55 as of the same date.

MacKay Municipal Managers™, the municipal bond team of specialty fixed income manager MacKay Shields, today lays out its investment view that the market’s traditional, compelling attributes have returned, and participants should capitalize on the opportunity. In its 2025 predictions for the municipal market, MacKay Municipal Managers believes “the old normal is back” and investors should prepare for it with meaningful municipal allocations.

NYLI MacKay DefinedTerm Muni Opportunities Fund (the “Fund”) (NYSEMMD) today announced its monthly dividend distribution of $0.06 per common share for the month of January 2025. This amount is consistent with the Fund’s December 2024 dividend distribution, which was also $0.06 per common share.

NYLI CBRE Global Infrastructure Megatrends Term Fund (the "Fund") (NYSEMEGI) today announced the Fund’s monthly distributions for December 2024 of $0.1250 per common share. The Fund’s current annualized distribution rate is 11.30% based upon the closing price of $13.28 on December 11, 2024, and 10.16% based upon the Fund’s closing NAV of $14.77 as of the same date.

New York Life Investments, Candriam and Andera Partners (Andera) announced today plans to enter into a strategic partnership whereby New York Life Investments, a diversified, global asset management firm with $750 billion in assets under management1 (AUM), will acquire – through its global affiliate network – a 40% minority equity interest in Andera.

NYLI MacKay DefinedTerm Muni Opportunities Fund (the “Fund”) (NYSEMMD) today announced monthly dividend distributions of $0.06 per common share for the month of December 2024. This amount is consistent with the Fund’s November 2024 dividend distribution, which was also $0.06 per common share.

NYLI MacKay DefinedTerm Muni Opportunities Fund (NYSEMMD) (the “Fund”) today announced the final results of a tender offer.

NYLI MacKay DefinedTerm Muni Opportunities Fund (the “Fund”) (NYSEMMD) today announced the preliminary results of a tender offer.

NYLI CBRE Global Infrastructure Megatrends Term Fund (the "Fund") (NYSEMEGI) today announced the Fund’s monthly distributions for November 2024 of $0.1250 per common share. The Fund’s current annualized distribution rate is The Fund’s current annualized distribution rate is 11.14% based upon the closing price of $13.46 on November 12, 2024, and 10.11% based upon the Fund’s closing NAV of $14.83 as of the same date.

NYLI MacKay DefinedTerm Muni Opportunities Fund (the “Fund”) (NYSEMMD) today announced monthly dividend distributions of $0.06 per common share for the month of November 2024. This amount is consistent with the Fund’s October 2024 dividend distribution, which was also $0.06 per common share.

NYLI MacKay DefinedTerm Muni Opportunities Fund (the “Fund”) (NYSEMMD) 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.

NYLI CBRE Global Infrastructure Megatrends Term Fund (the "Fund") (NYSEMEGI) today announced the Fund’s monthly distributions for October 2024 of $0.1250 per common share. The Fund’s current annualized distribution rate is 10.64% based upon the closing price of $14.10 on October 10, 2024, and 9.62% based upon the Fund’s closing NAV of $15.60 as of the same date.

NYLI CBRE Global Infrastructure Term Fund (NYSEMEGI) announced today the final certified voting results of the fund’s 2024 Annual Meeting of Shareholders (the “Annual Meeting”) where a dissident shareholder had proposed a trustee nominee.

NYLI MacKay DefinedTerm Municipal Opportunities Fund (the “Fund”) (NYSEMMD) today announced monthly dividend distributions of $0.06 per common share for the month of October 2024. This amount is consistent with the Fund’s July, August, and September 2024 dividend distribution, which was also $0.06 per common share.

New York Life Investments today announced plans to liquidate the following ETFs (the “Funds”) as part of the company’s regular review of its product line-up:

New York Life Investments, a leading provider of innovative public and private market investment solutions, today announced the restructuring of its two active semi-transparent Exchange Traded Funds (ETFs), NYLI Winslow Large Cap Growth ETF (IWLG) and NYLI Winslow Focused Large Cap Growth ETF (IWFG), to become active fully transparent ETFs, effective today.