MainStay MacKay DefinedTerm Municipal Opportunities Fund and MainStay CBRE Global Infrastructure Megatrends Fund Announce Departure of Yie-Hsin Hung from the Board of Trustees

NEW YORK, Oct. 14, 2022 /PRNewswire/ -- New York Life Investments today announced the departure of Yie-Hsin Hung from the Board of Trustees of the MainStay MacKay DefinedTerm Municipal Opportunities Fund (NYSE: MMD) and the MainStay CBRE Global Infrastructure Megatrends Fund (NYSE: MEGI) (the "Funds"). Ms. Hung, who had previously announced her resignation as Chief Executive Officer of New York Life Investment Management and had served as a Trustee to one or more of the registrants within the MainStay Group of Funds since 2017, is resigning effective today. The size of each Fund's Board of Trustees will be reduced to six, also effective today.