NYLI MacKay DefinedTerm Muni Opportunities Fund (MMD)
| Market Value | 437.05M |
| Revenue (ttm) | 28.67M |
| Net Income (ttm) | 26.21M |
| Shares Out | 27.93M |
| EPS (ttm) | 1.40 |
| PE Ratio | 11.21 |
| Forward PE | n/a |
| Dividend | $0.72 (4.60%) |
| Ex-Dividend Date | Feb 14, 2025 |
| Volume | 26,029 |
| Open | 15.73 |
| Previous Close | 15.63 |
| Day's Range | 15.64 - 15.74 |
| 52-Week Range | 14.53 - 17.00 |
| Beta | 0.54 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | n/a |
About MMD
MainStay DefinedTerm Municipal Opportunities Fund is a closed-ended fixed income mutual fund launched and managed by New York Life Investment Management LLC. The fund is co-managed by MacKay Shields LLC. It invests in the fixed income markets of the United States. The fund primarily invests in investment grade municipal bonds which are exempt from regular U.S. Federal income taxes. It benchmarks the performance of its portfolio against the Barclays Municipal Bond Index. MainStay DefinedTerm Municipal Opportunities Fund was formed on June 26, 20... [Read more]
News
NYLI MacKay DefinedTerm Muni Opportunities Fund Declares Monthly Dividend Distribution for February 2025
NEW YORK--(BUSINESS WIRE)--NYLI MacKay DefinedTerm Muni Opportunities Fund (the “Fund”) (NYSE:MMD) today announced its monthly dividend distribution of $0.06 per common share for the month of February...
Closed-End Funds: Screening For Potential Opportunites To Kick Off Q1 2025
The closed-end fund space saw a significant narrowing of discounts throughout 2024 as equity markets charged higher and now discounts remain tight heading into 2025. In particular, equity CEFs have se...
NYLI MacKay DefinedTerm Muni Opportunities Fund Declares Monthly Dividend Distribution for January 2025
NEW YORK--(BUSINESS WIRE)--NYLI MacKay DefinedTerm Muni Opportunities Fund (the “Fund”) (NYSE:MMD) today announced its monthly dividend distribution of $0.06 per common share for the month of January ...
NYLI MacKay DefinedTerm Muni Opportunities Fund Declares Monthly Dividend Distributions for December 2024
NEW YORK--(BUSINESS WIRE)--NYLI MacKay DefinedTerm Muni Opportunities Fund (the “Fund”) (NYSE:MMD) today announced monthly dividend distributions of $0.06 per common share for the month of December 20...
CEF Weekly Review: Emerging Market Debt Remains A Tricky Income Holding
We review the CEF market valuation and performance through the third week of November and highlight recent market action. CEFs had a positive week, with most sectors gaining except for higher-quality ...
NYLI MacKay DefinedTerm Muni Opportunities Fund Announces Final Results of Tender Offer
NEW YORK--(BUSINESS WIRE)--NYLI MacKay DefinedTerm Muni Opportunities Fund (NYSE: MMD) (the “Fund”) today announced the final results of a tender offer. As previously announced, the Fund conducted a t...
NYLI MacKay DefinedTerm Muni Opportunities Fund Announces Preliminary Results of Tender Offer
NEW YORK--(BUSINESS WIRE)--NYLI MacKay DefinedTerm Muni Opportunities Fund (the “Fund”) (NYSE: MMD) today announced the preliminary results of a tender offer. As previously announced, the Fund conduct...
NYLI MacKay DefinedTerm Muni Opportunities Fund Declares Monthly Dividend Distributions for November 2024
NEW YORK--(BUSINESS WIRE)--NYLI MacKay DefinedTerm Muni Opportunities Fund (the “Fund”) (NYSE:MMD) today announced monthly dividend distributions of $0.06 per common share for the month of November 20...
NYLI MacKay DefinedTerm Muni Opportunities Fund Announces Commencement of Tender Offer
NEW YORK--(BUSINESS WIRE)--NYLI MacKay DefinedTerm Muni Opportunities Fund (the “Fund”) (NYSE: MMD) today commenced a tender offer. The Fund will conduct a tender offer allowing shareholders to offer ...
NYLI Mackay DefinedTerm Municipal Opportunities Fund Declares Monthly Dividend Distributions for October 2024
NEW YORK--(BUSINESS WIRE)--NYLI MacKay DefinedTerm Municipal Opportunities Fund (the “Fund”) (NYSE:MMD) today announced monthly dividend distributions of $0.06 per common share for the month of Octobe...
MainStay MacKay DefinedTerm Municipal Opportunities Fund Declares Monthly Dividend Distributions for the Months of July, August, and September 2024
NEW YORK--(BUSINESS WIRE)--MainStay MacKay DefinedTerm Municipal Opportunities Fund (the “Fund”) (NYSE:MMD) today announced monthly dividend distributions of $0.06 per common share for the months of J...
MAINSTAY MACKAY DEFINEDTERM MUNICIPAL OPPORTUNITIES FUND DECLARES MONTHLY DIVIDEND DISTRIBUTIONS FOR THE MONTHS OF APRIL, MAY, AND JUNE 2024
NEW YORK , April 1, 2024 /PRNewswire/ -- MainStay MacKay DefinedTerm Municipal Opportunities Fund (the "Fund") (NYSE:MMD) today announced monthly dividend distributions of $0.06 per common share for t...
MAINSTAY MACKAY DEFINEDTERM MUNICIPAL OPPORTUNITIES FUND DECLARES MONTHLY DIVIDEND DISTRIBUTIONS FOR THE MONTHS OF JANUARY, FEBRUARY, AND MARCH 2024
NEW YORK , Jan. 2, 2024 /PRNewswire/ -- MainStay MacKay DefinedTerm Municipal Opportunities Fund (the "Fund") (NYSE:MMD) today announced monthly dividend distributions of $0.06 per common share for th...
MMD: A Solid Muni Fund That Is Worth Putting On A Watchlist
MainStay MacKay DefinedTerm Municipal Opportunities Fund is a CEF focused on generating current income from investment grade municipal bonds. MMD has a conservative management team and a history of pe...
MAINSTAY MACKAY DEFINEDTERM MUNICIPAL OPPORTUNITIES FUND DECLARES MONTHLY DIVIDEND DISTRIBUTIONS FOR THE MONTHS OF OCTOBER, NOVEMBER AND DECEMBER 2023
NEW YORK , Oct. 2, 2023 /PRNewswire/ -- MainStay MacKay DefinedTerm Municipal Opportunities Fund (the "Fund") (NYSE:MMD) today announced monthly dividend distributions of $0.06 per common share for th...
MAINSTAY MACKAY DEFINEDTERM MUNICIPAL OPPORTUNITIES FUND DECLARES MONTHLY DIVIDEND DISTRIBUTIONS FOR THE MONTHS OF JULY, AUGUST AND SEPTEMBER 2023
NEW YORK , July 3, 2023 /PRNewswire/ -- MainStay MacKay DefinedTerm Municipal Opportunities Fund (the "Fund") (NYSE:MMD) today announced monthly dividend distributions of $0.07 per common share for th...
MainStay MacKay DefinedTerm Municipal Opportunities Fund and MainStay CBRE Global Infrastructure Megatrends Fund Announce Naïm Abou-Jaoudé Joins the Board of Trustees
NEW YORK , June 7, 2023 /PRNewswire/ -- New York Life Investments today announced that Naïm Abou-Jaoudé has joined the Board of Trustees of the MainStay MacKay DefinedTerm Municipal Opportunities Fund...
MAINSTAY MACKAY DEFINEDTERM MUNICIPAL OPPORTUNITIES FUND DECLARES MONTHLY DIVIDEND DISTRIBUTIONS FOR THE MONTHS OF APRIL, MAY AND JUNE 2023
NEW YORK , April 3, 2023 /PRNewswire/ -- MainStay MacKay DefinedTerm Municipal Opportunities Fund (the "Fund") (NYSE: MMD) today announced monthly dividend distributions of $0.075 per common share for...
CEF Report February 2023 | The January Effect Didn't Disappoint
The January Effect boosted the valuation of most areas of the closed-end fund market. Taxable bond CEFs have rallied strongly while leaving munis behind. We think this is an opportunity for investors ...
MAINSTAY MACKAY DEFINEDTERM MUNICIPAL OPPORTUNITIES FUND DECLARES MONTHLY DIVIDEND DISTRIBUTIONS FOR THE MONTHS OF JANUARY, FEBRUARY AND MARCH 2023
NEW YORK , Jan. 3, 2023 /PRNewswire/ -- MainStay MacKay DefinedTerm Municipal Opportunities Fund (the "Fund") (NYSE:MMD) today announced monthly dividend distributions of $0.080 per common share for t...
Municipal CEF Sector Update: 2023 Fed Pause Offers A Good Entry Point
The Municipal bond sector has taken a hit this year on the back of high and sticky inflation and the Fed's attempt to bring it to heel. We discuss the key themes driving the sector and why the upcomin...
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 ...
MAINSTAY MACKAY DEFINEDTERM MUNICIPAL OPPORTUNITIES FUND DECLARES MONTHLY DIVIDEND DISTRIBUTIONS FOR THE MONTHS OF OCTOBER, NOVEMBER AND DECEMBER 2022
NEW YORK , Oct. 3, 2022 /PRNewswire/ -- MainStay MacKay DefinedTerm Municipal Opportunities Fund (the "Fund") (NYSE:MMD) today announced monthly dividend distributions of $0.085 per common share for t...
MAINSTAY MACKAY DEFINEDTERM MUNICIPAL OPPORTUNITIES FUND DECLARES MONTHLY DIVIDEND DISTRIBUTIONS FOR THE MONTHS OF JULY, AUGUST AND SEPTEMBER 2022
NEW YORK , July 1, 2022 /PRNewswire/ -- MainStay MacKay DefinedTerm Municipal Opportunities Fund (the "Fund") (NYSE:MMD) today announced monthly dividend distributions of $0.085 per common share for t...