Tender Offers for NYLI MacKay Muni Income Opportunities Fund

Form Type: N-23C3A

Filing Date: 2025-01-07

Corporate Action: Tender-offer

Type: New

Accession Number: 000119312525002488

Comments: On January 7, 2025, NYLI MacKay Muni Income Opportunities Fund announced a quarterly repurchase offer for its shares. This offer will allow the Fund to repurchase up to 10% of its issued and outstanding shares at the net asset value (NAV) as of February 7, 2025. The repurchase offer period starts on January 7, 2025, and ends on February 7, 2025. Shareholders wishing to participate must submit their Repurchase Request Forms by the specified deadline, otherwise, they will have to wait for the next quarterly repurchase offer to sell their shares. The NAV of the shares as of December 31, 2024, for various share classes (Class I, A1, A2, A3) was reported, and it was noted that the current NAV may fluctuate. The document outlines the procedures for submitting requests, including modifications and withdrawals of requests, and it emphasizes the importance of adhering to all timelines, particularly for shareholders represented by brokers. The Fund affirms it will not impose any repurchase fees, making this offer a straightforward means for shareholders to access liquidity.

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