MainStay DefinedTerm Municipal Opportunities Fund announced the appointment of Chris Blunt, David H. Chow and Jacques P. Perold to the Funds Board of Trustees. Mr. Blunt, president of New York Life Investments Group, joins the Board as a Class III trustee replacing John Kim who became president of New York Life in May 2015 in addition to remaining New York Lifes chief investment officer. Mr. Chowjoins the Board as a Class III trustee replacing Roman Weil who is retiring.

Mr. Perold is appointed as a Class I trustee. These recent appointments bring the total size of the Fund Board of Trustees to nine, eight of whom are independent. Chris Blunt is the President of the Investments Group of New York Life, which includes NYL Investors, New York Life Investment Management (NYLIM), Retail Annuities, Institutional Annuities, and Seguros Monterrey New York Life Mexico.

Mr. Perold has served as an Advisory Board Member of the Fund since June 2015.