Closed-end funds run by New York Life (MainStay)
New York Life (MainStay) runs 2 of the 360 U.S. closed-end funds we cover.
1 invests in tax-free municipal bonds and 1 in utilities and infrastructure.
None of the investors we follow is pushing for changes at any of them right now.
Yearly costs run from 2.7% to 2.9%.
2 funds
Sort by: name · yearly cost · borrowing · size
- MEGI - NYLI CBRE Global Infrastructure Megatrends Term Fund
Run by New York Life (MainStay). Invests in utilities and infrastructure. Costs 2.9% a year. Borrows 22%. - MMD - NYLI MacKay DefinedTerm Muni Opportunities Fund
Run by New York Life (MainStay). Invests in tax-free municipal bonds. Costs 2.7% a year. Borrows 37%.
Details: the same funds as a table
| Fund | Yearly cost | Borrowing | Size |
|---|---|---|---|
| MEGI - NYLI CBRE Global Infrastructure Megatrends Term Fund | 2.9% | 22% | $840 million |
| MMD - NYLI MacKay DefinedTerm Muni Opportunities Fund | 2.7% | 37% | $301 million |