Document ID: SEC-2021-1207-0001
Agency: sec
Document Type: Notice
Title: Application: MainStay CBRE Global Infrastructure Megatrends Fund, et al.
Posted Date: 2021-09-08T04:00Z

[Federal Register Volume 86, Number 171 (Wednesday, September 8, 2021)]
[Notices]
[Page 50385]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-19489]

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SECURITIES AND EXCHANGE COMMISSION

[Investment Company Act Release No. 34372; 812-15242]

MainStay CBRE Global Infrastructure Megatrends Fund, et al.

September 3, 2021.
AGENCY: Securities and Exchange Commission (``Commission'').

ACTION: Notice.

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    Notice of an application under section 6(c) of the Investment 
Company Act of 1940 (the ``Act'') for an exemption from section 19(b) 
of the Act and rule 19b-1 under the Act to permit registered closed-end 
investment companies to make periodic distributions of long-term 
capital gains more frequently than permitted by section 19(b) or rule 
19b-1.
    Summary of Application: Applicants request an order to permit 
certain registered closed-end management investment companies to pay as 
frequently as twelve times in any one taxable year in respect of its 
common stock and as often as specified by, or determined in accordance 
with the terms of, any preferred stock issued by the investment company 
subject to the terms and conditions stated in the application.
    Applicants: MainStay CBRE Global Infrastructure Megatrends Fund, 
MainStay MacKay Defined Term Municipal Opportunities Fund, New York 
Life Investment Management LLC.
    Filing Dates: The application was filed on June 28, 2021 and 
amended on July 30, 2021.
    Hearing or Notification of Hearing: An order granting the requested 
relief will be issued unless the Commission orders a hearing. 
Interested persons may request a hearing by writing to the Commission's 
Secretary and serving applicants with a copy of the request, personally 
or by mail. Hearing requests should be received by the Commission by 
5:30 p.m. on September 28, 2021, and should be accompanied by proof of 
service on applicants, in the form of an affidavit or, for lawyers, a 
certificate of service. Pursuant to rule 0-5 under the Act, hearing 
requests should state the nature of the writer's interest, any facts 
bearing upon the desirability of a hearing on the matter, the reason 
for the request, and the issues contested. Persons who wish to be 
notified of a hearing may request notification by writing to the 
Commission's Secretary.

ADDRESSES: Secretary, U.S. Securities and Exchange Commission, 100 F 
Street NE, Washington, DC 20549-1090; Applicants, 390 Park Avenue, 15th 
Floor, NY, NY 10022.

FOR FURTHER INFORMATION CONTACT: Lisa Reid Ragen, Branch Chief, at 
(202) 551-6825 (Division of Investment Management, Chief Counsel's 
Office).

SUPPLEMENTARY INFORMATION: For Applicants' representations, legal 
analysis, and condition, please refer to Applicants' application, dated 
July 30, 2021, which may be obtained via the Commission's website by 
searching for the file number, using the Company name box, at http://www.sec.gov/search/search.htm, or by calling (202) 551-8090.

    For the Commission, by the Division of Investment Management, 
under delegated authority.
J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2021-19489 Filed 9-7-21; 8:45 am]
BILLING CODE 8011-01-P