NYLI MacKay DefinedTerm Muni Opportunities Fund insider reports zero shares

NYLI MacKay DefinedTerm Muni Opportunities Fund insider Stephanie Lynch reports no beneficial ownership in the fund’s shares.

Rhea-AI Filing Summary

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.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Lynch Stephanie

Role Insider

Type	Security	Shares	Price	Value
holding	Shares of beneficial interest	--	--	--

Holdings After Transaction: Shares of beneficial interest — 0 shares (Direct)

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

Who is the reporting person in the NYLI MacKay DefinedTerm Muni Opportunities Fund (MMD) insider filing?

The reporting person is Stephanie Lynch, who is identified as an Advisory Board Member of NYLI MacKay DefinedTerm Muni Opportunities Fund.

What position does Stephanie Lynch hold with NYLI MacKay DefinedTerm Muni Opportunities Fund (MMD)?

Stephanie Lynch is listed as an Advisory Board Member, and she is not reported as a director, officer, or 10% owner of the fund.

How many NYLI MacKay DefinedTerm Muni Opportunities Fund (MMD) shares does Stephanie Lynch report owning?

She reports beneficial ownership of 0 shares of beneficial interest, held in direct form.

Does the filing for NYLI MacKay DefinedTerm Muni Opportunities Fund (MMD) show any derivative securities for Stephanie Lynch?

No derivative securities are listed for Stephanie Lynch in the table of derivative securities beneficially owned.

What type of filing is this for NYLI MacKay DefinedTerm Muni Opportunities Fund (MMD)?

This is an initial insider ownership report, documenting the baseline beneficial ownership status of Advisory Board Member Stephanie Lynch.

Is this insider filing for NYLI MacKay DefinedTerm Muni Opportunities Fund (MMD) submitted by more than one reporting person?

No. The document indicates that it is filed by one reporting person, covering only Stephanie Lynch.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 01/08/2026 - 11:19 AM EST Learn about SEC filing dates

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Lynch Stephanie

(Last) (First) (Middle)

51 MADISON AVENUE

(Street)

NEW YORK NY 10010

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
01/01/2026

3. Issuer Name and Ticker or Trading Symbol
NYLI MacKay DefinedTerm Muni Opportunities Fund [ MMD ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
	Officer (give title below)	X	Other (specify below)
			Advisory Board Member

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Shares of beneficial interest	0	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	/s/ Thomas C. Humbert, Jr., Attorney-in-Fact	01/08/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.