UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
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Securities Exchange Act of 1934
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Item 5.03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal year
Pursuant to the terms of the Declaration of Trust, the Fund will commence the process of liquidation and dissolution at the close of business on December 31, 2024 (the “Termination Date”) unless otherwise extended by a majority of the Board of Trustees (the “Board”).
On June 5, 2024, the Board approved an amendment and restatement of the Declaration of Trust to reflect a change in the name of the Fund to NYLI MacKay DefinedTerm Muni Opportunities Fund and to allow the Board to implement, upon completion of an Eligible Tender Offer (as defined below), a new Termination Date to replace December 31, 2024 as the Termination Date. An “Eligible Tender Offer” is defined as a tender offer by the Fund to purchase 100% of the then outstanding Common shares of the Fund at a price equal to the NAV per Common share calculated in accordance with the Fund’s valuation procedures as of the date specified in the tender offer, with the expiration date of the tender offer being as of a date within twelve months preceding the Termination Date.
The amendments will become effective as of August 28, 2024. In addition, the Board conditionally approved a new Termination Date of December 31, 2036, to take effect in the event that the Fund completes an Eligible Tender Offer prior to December 31, 2024.
Item 9.01. Financial Statements and Exhibits.
| (d) | Exhibits |
| EXHIBIT |
DESCRIPTION | |
| 3.1 | Amended and Restated Agreement and Declaration of Trust of MainStay MacKay DefinedTerm Municipal Opportunities Fund |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, MainStay MacKay DefinedTerm Municipal Opportunities Fund has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| MainStay MacKay DefinedTerm Municipal Opportunities Fund | ||||||
| Date: July 25, 2024 | By: | /s/ Kirk C. Lehneis | ||||
| Kirk C. Lehneis | ||||||
| President and Principal Executive Officer | ||||||