NYLI MacKay DefinedTerm Muni Opportunities Fund filings document governance and shareholder matters for a closed-end management investment company organized as a Delaware statutory trust. The fund’s proxy materials cover annual meeting procedures, shareholder voting items, and trustee elections, including classified trustee terms.
Regulatory disclosures for MMD center on closed-end fund structure, board oversight, voting mechanics, and related governance information. These filings provide the formal record for shareholder actions and governance decisions affecting the municipal bond fund.
NYLI MacKay DefinedTerm Muni Opportunities Fund ownership update: First Trust Portfolios L.P., First Trust Advisors L.P. and The Charger Corporation report beneficial ownership of 1,970,287 shares, representing 10.49% of the Common class.
The filing states shared dispositive power over 1,970,287 shares and shared voting power of 1,447. The filing is jointly submitted pursuant to Rule 13d-1(k)(1) and disclaims beneficial ownership by the reporting entities.
NYLI MacKay DefinedTerm Muni Opportunities Fund disclosed insider holdings information for advisory board member Jivraj Adeel. As of the event date of January 1, 2026, the filing reports that Adeel beneficially owned 0 shares of beneficial interest, held directly. This is an initial ownership report that establishes Adeel’s starting position as an advisory board member without any reported equity stake in the fund.
NYLI MacKay DefinedTerm Muni Opportunities Fund insider Stephanie Lynch reports no beneficial ownership in the fund’s shares. Lynch, who serves as an Advisory Board Member, filed an initial insider ownership statement indicating she holds 0 shares of beneficial interest directly. This filing establishes a baseline record of her current holdings status with the fund.
NYLI MacKay DefinedTerm Muni Opportunities Fund (MMD) reported an insider transaction by a portfolio manager. On 11/25/2025, the reporting person sold 0.7151 shares of beneficial interest at a price of $14.92 per share, coded as a sale ("S"). After this small transaction, the insider reported owning 0 shares directly. The filing is a routine Form 4 disclosing this activity under insider reporting rules.
NYLI MacKay DefinedTerm Muni Opportunities Fund (MMD) reported an insider transaction by a portfolio manager. On 11/20/2025, the reporting person sold 11,964.7151 shares of beneficial interest of the fund at a price of $14.84 per share, coded as a sale transaction. After this trade, the reporting person reported owning 0 shares, with all holdings shown as directly owned before the transaction.
First Trust Portfolios L.P., First Trust Advisors L.P., and The Charger Corporation filed a Schedule 13G reporting beneficial ownership of 1,207,941 common shares of NYLI MacKay DefinedTerm Muni Opportunities Fund (MMD), representing 6.43% of the class as of the event date 09/30/2025.
The filers report 0 shares with sole voting power, 1,274 shares with shared voting power, 0 shares with sole dispositive power, and 1,207,941 shares with shared dispositive power. The shares are largely held by unit investment trusts sponsored by First Trust; the trustee votes those shares to mirror outside holders, and the filers disclaim beneficial ownership. The certification states the securities were acquired and are held in the ordinary course and not to change or influence control.