Portfolio Manager David Dowden filed a Form 4 on November 12, 2026, disclosing the sale of 3,300 shares of beneficial interest in NYLIM MacKay DefinedTerm Muni Opportunities Fund on November 11, 2026.

Key Highlights

  • Reporting person: David Dowden, identified in the filing as Portfolio Manager of NYLIM MacKay DefinedTerm Muni Opportunities Fund (MMD)
  • Transaction: Sale (transaction code S) of 3,300 shares of beneficial interest on November 11, 2026
  • Price per share: $14.02
  • Post-transaction ownership: 0 shares held directly following the reported transaction
  • Ownership form: Direct (D)
  • No derivative securities were reported as acquired, disposed of, or beneficially owned

David Dowden's November 2026 Share Disposition in NYLIM MacKay DefinedTerm Muni Opportunities Fund

According to the Form 4 filed with the U.S. Securities and Exchange Commission on November 12, 2026, David Dowden, serving as Portfolio Manager, disposed of 3,300 shares of beneficial interest in NYLIM MacKay DefinedTerm Muni Opportunities Fund, ticker symbol MMD, at a price of $14.02 per share. The transaction was dated November 11, 2026, and was reported as a direct sale under transaction code S.

The filing indicates that following the reported transaction, Dowden's directly held beneficial ownership in the fund stands at 0 shares. No deemed execution date was listed for the transaction, and the filing does not indicate that the transaction was made pursuant to a Rule 10b5-1(c) plan. The form was signed by Thomas C. Humbert, Jr., Attorney-in-Fact, on behalf of the reporting person on November 12, 2026.

Table II of the filing, covering derivative securities such as puts, calls, warrants, options, and convertible securities, contains no entries, indicating that no derivative securities were acquired, disposed of, or beneficially owned in connection with this filing. The filing was submitted by one reporting person and covers only the transaction described above.

What Was Disclosed

The filing disclosed a single sale of 3,300 shares of beneficial interest in MMD by Portfolio Manager David Dowden on November 11, 2026, at $14.02 per share, leaving Dowden with zero directly held shares following the transaction.