07/22/2021 | Press release | Distributed by Public on 07/22/2021 10:49
|
Name and
Year of Birth |
| |
Position(s)
Held with the Fund |
| |
Length
of Time Served |
| |
Principal Occupation(s)
During Past Five Years |
| |
Number of
Portfolios in Fund Complex(1) Overseen by Trustee |
| |
Other Directorships
Held by Trustee |
|
| Interested Trustee | | | | | | | | | | | | | | |||
|
Yie-Hsin Hung* 1962 |
| | Class III Trustee | | |
Since 2017
|
| | Senior Vice President of New York Life since joining in 2010; Member of the Executive Management Committee since January 2017; Chief Executive Officer, New York Life Investment Management Holdings LLC & New York Life Investment Management LLC since May 2015; Senior Managing Director and Co-President of New York Life Investment Management LLC from January 2014 to May 2015; Previously held positions of increasing responsibility, including head of NYLIM International, Alternative Growth Businesses, and Institutional investments since joining New York Life in 2010. | | |
76
|
| |
MainStay Funds Trust: Trustee since 2017 (32 funds); The MainStay Funds: Trustee since 2017 (12 funds); MainStay VP Funds Trust: Trustee since 2017 (31 portfolios); and MainStay CBRE Global Infrastructure Megatrends Fund: Trustee since June 2021. |
|
|
Name and
Year of Birth |
| |
Position(s)
Held with the Fund |
| |
Length
of Time Served |
| |
Principal Occupation(s)
During Past Five Years |
| |
Number of
Portfolios in Fund Complex(1) Overseen by Trustee |
| |
Other Directorships
Held by Trustee |
|
| Independent Trustees | | | | | | | | | | | | | | |||
|
David H. Chow 1957 |
| | Class III Trustee | | |
Since 2016
|
| | Founder and CEO, DanCourt Management, LLC (since 1999) | | |
76
|
| |
MainStay Funds Trust: Trustee since 2016, Advisory Board Member (June 2015 to December 2015) (32 funds); The MainStay Funds: Trustee since 2016, Advisory Board Member (June 2015 to December 2015) (12 funds); MainStay VP Funds Trust: Trustee since 2016, Advisory Board Member (June 2015 to December 2015) (31 portfolios); MainStay CBRE Global Infrastructure Megatrends Fund: Trustee since June 2021; Market Vectors Group of Exchange-Traded Funds: Independent Chairman of the Board of Trustees since 2008 and Trustee since 2006 (56 portfolios); and Berea College of Kentucky: Trustee since 2009, Chair of the Investment Committee since 2018. |
|
|
Richard S. Trutanic 1952 |
| | Class III Trustee | | |
Since 2011
|
| | Chairman and Chief Executive Officer, Somerset & Company (financial advisory firm) (since 2004); Managing Director, The Carlyle Group (private investment firm) (2002 to 2004); Senior Managing Director, Partner and Board Member, Groupe Arnault S.A. (private investment firm) (1999 to 2002) | | |
76
|
| |
MainStay Funds Trust: Trustee since 2007** (32 funds); The MainStay Funds: Trustee since 1994 (12 funds); MainStay VP Funds Trust: Trustee since 2007 (31 portfolios)**; and MainStay CBRE Global Infrastructure Megatrends Fund: Trustee since June 2021. |
|
|
Name and
Year Of Birth |
| |
Position(s)
Held with the Fund |
| |
Length
of Time Served |
| |
Principal Occupation(s)
During Past Five Years |
| |
Number of
Portfolios in Fund Complex(1) Overseen by Trustee |
| |
Other Directorships
Held by Trustee |
|
| Independent Trustees | | | | | | | | | | | | | | |||
|
Susan B. Kerley 1951 |
| | Chairman and Class I Trustee | | | Since 2011 (Chairman since 2017) | | |
President, Strategic Management Advisors LLC
(since 1990)
|
| |
76
|
| |
MainStay Funds Trust: Chairman since 2017 and Trustee since 1990** (32 funds); The MainStay Funds: Chairman since 2017 and Trustee since 2007 (12 funds); MainStay VP Funds Trust: Chairman since 2017 and Trustee since 2007** (31 portfolios); MainStay CBRE Global Infrastructure Megatrends Fund: Trustee since June 2021; and Legg Mason Partners Funds: Trustee since 1991 (45 portfolios). |
|
|
Jacques P. Perold 1958 |
| | Class I Trustee | | |
Since 2016
|
| | Founder and Chief Executive Officer, CapShift Advisors LLC (since 2018); President, Fidelity Management & Research Company (2009 to 2014); President and Chief Investment Officer, Geode Capital Management, LLC (2001 to 2009) | | |
76
|
| |
MainStay Funds Trust: Trustee since 2016, Advisory Board Member (June 2015 to December 2015) (32 funds); The MainStay Funds: Trustee since 2016, Advisory Board Member (June 2015 to December 2015) (12 funds); MainStay VP Funds Trust: Trustee since 2016, Advisory Board Member (June 2015 to December 2015) (31 portfolios); MainStay CBRE Global Infrastructure Megatrends Fund: Trustee since June 2021; Partners in Health: Trustee since 2019; Allstate Corporation: Director since 2015; and MSCI Inc.: Director since 2017. |
|
|
Name and
Year of Birth |
| |
Position(s)
Held with the Fund |
| |
Length
of Time Served |
| |
Principal Occupation(s)
During Past Five Years |
| |
Number of
Portfolios in Fund Complex(1) Overseen by Trustee |
| |
Other Directorships
Held by Trustee |
|
| Independent Trustees | | | | | | |||||||||||
|
Alan R. Latshaw 1951 |
| | Class II Trustee | | |
Since 2011
|
| | Retired; Partner, Ernst & Young LLP (2002 to 2003); Partner, Arthur Andersen LLP (1989 to 2002); Consultant to the MainStay Funds Audit and Compliance Committee (2004 to 2006) | | |
76
|
| |
MainStay Funds Trust: Trustee since 2007** (32 funds); The MainStay Funds: Trustee since 2006 (12 funds); MainStay VP Funds Trust: Trustee since 2007** (31 portfolios); MainStay CBRE Global Infrastructure Megatrends Fund: Trustee since June 2021; and State Farm Associates Funds Trusts: Trustee since 2005 (4 portfolios). |
|
|
Richard H. Nolan, Jr.*** 1946 |
| | Class II Trustee | | |
Since 2011
|
| | Managing Director, ICC Capital Management (since 2004); President - Shields/ Alliance, Alliance Capital Management (1994 to 2004) | | |
76
|
| |
MainStay Funds Trust: Trustee since 2007** (32 funds); The MainStay Funds: Trustee since 2007 (12 funds); MainStay VP Funds Trust: Trustee since 2006 (31 portfolios); and MainStay CBRE Global Infrastructure Megatrends Fund: Trustee since June 2021. |
|
|
Name and
Date Of Birth |
| |
Term of
Office, Position(s) Held with the Fund |
| |
Principal Occupation(s)
During Past Five Years |
| |
Number of
Portfolios in Fund Complex Served by the Advisory Board |
| |
Other Directorships
Held by Advisory Board Member |
|
| Karen Hammond 1956 | | |
Indefinite;
MainStay MacKay
DefinedTerm Municipal Opportunities Fund:
Advisory Board member since June 2021
|
| | Retired, Managing Director, Devonshire Investors (2007 to 2013); Senior Vice President, Fidelity Management & Research Co. (2005 to 2007); Senior Vice President and Corporate Treasurer, FMR Corp. (2003 to 2005); Chief Operating Officer, Fidelity Investments Japan (2001 to 2003) | | |
76
|
| |
MainStay Funds Trust: Advisory Board Member since June 2021 (32 funds); The MainStay Funds: Advisory Board Member since June 2021 (12 funds); MainStay VP Funds Trust: Advisory Board Member since June 2021 (31 portfolios); MainStay CBRE Global Infrastructure Megatrends Fund: Advisory Board Member since June 2021; Two Harbors Investment Corp: Trustee since 2018, Chair of the Special Committee since 2019; and Rhode Island School of Design: Trustee and Chair of the Finance Committee since 2015 |
|
| | | |
Dollar Range of
Equity Securities in the Fund |
| |
Aggregate Dollar Range of
Equity Securities in All Registered Investment Companies Overseen by Trustee in Family of Investment Companies |
|
|
Yie-Hsin Hung
|
| | None | | | Over $100,000 | |
| | | |
Dollar Range of
Equity Securities in the Fund |
| |
Aggregate Dollar Range of
Equity Securities in All Registered Investment Companies Overseen by Trustee in Family of Investment Companies |
|
|
David H. Chow
|
| | None | | | Over $100,000 | |
|
Susan B. Kerley
|
| | None | | | Over $100,000 | |
|
Alan R. Latshaw
|
| | None | | | Over $100,000 | |
|
Richard H. Nolan, Jr.
|
| | $500,001 - $1,000,000 | | | Over $100,000 | |
|
Jacques P. Perold
|
| | None | | | Over $100,000 | |
| | | |
Dollar Range of
Equity Securities in the Fund |
| |
Aggregate Dollar Range of
Equity Securities in All Registered Investment Companies Overseen by Trustee in Family of Investment Companies |
|
|
Richard S. Trutanic
|
| | None | | | Over $100,000 | |
Trustee
|
| |
Aggregate
Compensation from Fund |
| |
Pension or
Retirement Benefits Accrued as Part of Fund Expenses |
| |
Annual Benefits
Upon Retirement |
| |
Total
Compensation from Fund Complex Paid to Trustee(1) |
| ||||||||||||
David H.
Chow |
| | | $ | 2,249 | | | | | | None | | | | | | None | | | | | $ | 360,000 | | |
Karen
Hammond(2) |
| | | | 0 | | | | | | None | | | | | | None | | | | | | 0 | | |
Susan B.
Kerley |
| | | | 2,605 | | | | | | None | | | | | | None | | | | | | 420,000 | | |
Alan R. Latshaw
|
| | | | 2,249 | | | | | | None | | | | | | None | | | | | | 360,000 | | |
Richard H. Nolan, Jr.
|
| | | | 2,249 | | | | | | None | | | | | | None | | | | | | 360,000 | | |
Trustee
|
| |
Aggregate
Compensation from Fund |
| |
Pension or
Retirement Benefits Accrued as Part of Fund Expenses |
| |
Annual Benefits
Upon Retirement |
| |
Total
Compensation from Fund Complex Paid to Trustee(1) |
| ||||||||||||
Jacques P. Perold
|
| | | | 2,273 | | | | | | None | | | | | | None | | | | | | 360,000 | | |
Richard S. Trutanic
|
| | | | 2,249 | | | | | | None | | | | | | None | | | | | | 360,000 | | |
Share Class
|
| |
Number of Shares Outstanding
|
| |||
Common Shares
|
| | | | 27,785,215 | | |
Beneficial Owner's Name and Address |
| |
Class of Shares
|
| |
Number of Shares
|
| |
Percentage
of Shares |
|
Merrill Lynch, Pierce, Fenner & Smith Incorporated
MLPF Earl Weeks 4804 Deerlake Drive E. Jacksonville, FL 32246 |
| | Common | | |
6,837,465
|
| |
24.74%
|
|
Morgan Stanley Smith Barney LLC
John Barry 1300 Thames St., 6th Floor Baltimore, MD 21231 |
| | Common | | |
4,620,847
|
| |
16.63%
|
|
Wells Fargo Clearing Services LLC
Christy Halloran 1 N Jefferson Ave Saint Louis, MO 63103 |
| | Common | | |
3,422,469
|
| |
12.32%
|
|
Raymond James & Associates, Inc.
Roberta Green 880 Carilion Parkway Saint Peterburg, FL 33716 |
| | Common | | |
2,762,982
|
| |
9.94%
|
|
National Financial Services LLC
Peter Closs 499 Washington Boulevard Jersey City, NJ 07310 |
| | Common | | |
1,826,332
|
| |
6.57%
|
|
The Bank of New York Mellon
Celest Morris 500 Grant Street, Room 151-2610 Pittsburgh, PA 15259 |
| | Common | | |
1,528,846
|
| |
5.50%
|
|
Name and Year of Birth |
| |
Position with the Fund |
| |
Term of Office and Year First Elected or Appointed |
| |
Principal Occupation(s) During Past Five Years |
|
Kirk C. Lehneis
1974 |
| | President | | |
Indefinite term (Since 2017)
|
| |
Chief Operating Officer and Senior Managing Director (since 2016), New York Life Investment Management LLC; Chairman of the Board (since 2017), NYLIFE Distributors LLC; Chairman of the Board, NYLIM Service Company LLC (since 2017); Trustee, President and Principal Executive Officer of IndexIQ Trust, IndexIQ ETF Trust and IndexIQ Active ETF Trust (since January 2018); President, Mainstay Funds Trust, The MainStay Funds and MainStay VP Funds Trust (since 2017); Senior Managing Director, Global Product Development (From 2015 to 2016); Managing Director, Product Development (From 2010 to 2015), New York Life Investment Management LLC
|
|
Jack R. Benintende
1964 |
| |
Treasurer and Principal Financial and Accounting Officer
|
| | Indefinite term (Since 2011) | | |
Managing Director, New York Life Investment Management LLC (since 2007); Treasurer and Principal Financial and Accounting Officer, MainStay Funds Trust (since 2009), and The MainStay Funds and MainStay VP Funds Trust** (since 2007)
|
|
Name and Year of Birth |
| |
Position with the Fund |
| |
Term of Office and Year First Elected or Appointed |
| |
Principal Occupation(s) During Past Five Years |
|
Kevin M. Bopp
1969 |
| |
Vice President and Chief Compliance Officer
|
| |
Indefinite Term (Since June 2021 and 2014 to 2020)
|
| |
Vice President and Chief Compliance Officer, New York Life Investments Alternatives LLC and New York Life Investment Management Holdings LLC (since 2020); Vice President (since 2018) and Chief Compliance Officer (since 2016), New York Life Investment Management LLC; Vice President and Chief Compliance Officer, IndexIQ Advisors LLC, IndexIQ Holdings Inc., IndexIQ LLC and IndexIQ Trust (since 2017); Director and Associate General Counsel (2011 to 2014) and Vice President and Assistant General Counsel (2010 to 2011), New York Life Investment Management LLC; Vice President and Chief Compliance Officer, MainStay Funds, MainStay Funds Trust and MainStay VP Funds Trust (since June 2021 and 2014 to 2020); Assistant Secretary, MainStay Funds, MainStay Funds Trust and MainStay VP Funds Trust (2010 to 2014)**, MainStay MacKay DefinedTerm Municipal Opportunities Fund (2011 to 2014)
|
|
J. Kevin Gao 1967 |
| |
Secretary and Chief Legal Officer
|
| | Indefinite term (Since 2011) | | |
Managing Director and Associate General Counsel, New York Life Investment Management LLC (since 2010); Secretary and Chief Legal Officer, MainStay Funds Trust, The MainStay
|
|
Name and Year of Birth |
| |
Position with the Fund |
| |
Term of Office and Year First Elected or Appointed |
| |
Principal Occupation(s) During Past Five Years |
|
| | | | | | | | |
Funds and MainStay VP Funds Trust (since 2010)**
|
|
Scott T. Harrington
1959 |
| |
Vice President -
Administration |
| |
Indefinite term (Since 2011)
|
| |
Managing Director, New York Life Investment Management LLC (including predecessor advisory organizations) (since 2000); Member of the Board of Directors, New York Life Trust Company (since 2009); Vice President - Administration, MainStay Funds Trust, The MainStay Funds and MainStay VP Funds Trust (since 2005)**
|
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