A company called MainStay MacKay DefinedTerm Municipal Opportunities Fund announced they will give some money to their shareholders every month in April, May, and June 2024. They have been doing this for a while, so the amount of money is the same as before. People can find more information about how they decide to do this on their website or by looking at their stock price. Read from source...
1. The title of the article is misleading and exaggerated, implying that the fund has declared dividend distributions for a full year in advance, which is not true. The correct title should be something like "MainStay MacKy DefinedTerm Municipal Opportunities Fund Declares Monthly Dividend Distributions For April, May, And June 2024".