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, 2012 and is domiciled in the United States.
Industry, Sector and Symbol
Industry Asset Management
Sub-IndustryN/A
SectorFinancial Services
Phone+1-212-5767000
Debt
Price-To-Earnings
Sales & Book Value
Annual SalesN/A
Profitability
Miscellaneous
EmployeesN/A
Next Earnings DateN/A
OptionableNot Optionable
Mainstay Definedterm Municipal Opptys Fd (NYSE:MMD) Frequently Asked Questions
What is Mainstay Definedterm Municipal Opptys Fd's stock symbol?
Mainstay Definedterm Municipal Opptys Fd trades on the New York Stock Exchange (NYSE) under the ticker symbol "MMD."
How often does Mainstay Definedterm Municipal Opptys Fd pay dividends? What is the dividend yield for Mainstay Definedterm Municipal Opptys Fd?
Mainstay Definedterm Municipal Opptys Fd announced a monthly dividend on Thursday, January 3rd. Stockholders of record on Friday, February 15th will be paid a dividend of $0.085 per share on Thursday, February 28th. This represents a $1.02 annualized dividend and a dividend yield of 5.11%. The ex-dividend date is Thursday, February 14th. View Mainstay Definedterm Municipal Opptys Fd's Dividend History.
Has Mainstay Definedterm Municipal Opptys Fd been receiving favorable news coverage?
News articles about MMD stock have been trending somewhat positive recently, according to InfoTrie Sentiment. The research firm identifies positive and negative news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Mainstay Definedterm Municipal Opptys Fd earned a daily sentiment score of 0.8 on InfoTrie's scale. They also assigned news articles about the closed-end fund a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near future.
Who are some of Mainstay Definedterm Municipal Opptys Fd's key competitors?
Some companies that are related to Mainstay Definedterm Municipal Opptys Fd include 1ST TR ENERGY I/SH (FIF), 3i Group (TGOPF), 8IP Emerging Companies (8EC), Aberdeen Asian Income Fund (AAIF), Aberdeen Australia Equity Fund (IAF), Aberdeen Emerging Markets Invstmt (AEMC), Aberdeen Latin American Income Fund (ALAI), Aberdeen New Dawn Investment Trust (ABD), Aberdeen Smaller Coms High Incm Trst (ASCI), Aberforth Smaller Companies Trust (ASL), Aberforth Split Level Income Trust (ASIT), Aberforth Split Level Income Trust PLC Preferred Shares (ASIZ), Ackermans & van Haaren (ACKB), Acorn Capital Investment Fund (ACQ) and Acorn Income Fund (AIF).
What other stocks do shareholders of Mainstay Definedterm Municipal Opptys Fd own?
Who are Mainstay Definedterm Municipal Opptys Fd's key executives?
Mainstay Definedterm Municipal Opptys Fd's management team includes the folowing people:
- Mr. Kirk C. Lehneis, Pres (Age 44)
- Mr. Jack R. Benintende, Principal Financial & Accounting Officer and Treasurer (Age 55)
- Mr. Scott T. Harrington, VP of Admin. (Age 60)
- Mr. Juwen Kevin Gao, Chief Legal Officer and Sec. (Age 52)
- Mr. Kevin Michael Bopp, Assistant Sec.
Who are Mainstay Definedterm Municipal Opptys Fd's major shareholders?
Mainstay Definedterm Municipal Opptys Fd's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Bank of America Corp DE (0.00%), Raymond James & Associates (0.00%), Raymond James Financial Services Advisors Inc. (0.00%), Advisors Asset Management Inc. (0.00%), Van ECK Associates Corp (0.00%) and First Trust Advisors LP (0.00%). View Institutional Ownership Trends for Mainstay Definedterm Municipal Opptys Fd.
Which institutional investors are selling Mainstay Definedterm Municipal Opptys Fd stock?
Which institutional investors are buying Mainstay Definedterm Municipal Opptys Fd stock?
MMD stock was purchased by a variety of institutional investors in the last quarter, including Bank of America Corp DE, Raymond James Financial Services Advisors Inc., FDx Advisors Inc., Advisor Group Inc., Stifel Financial Corp, Regal Investment Advisors LLC, We Are One Seven LLC and LPL Financial LLC. View Insider Buying and Selling for Mainstay Definedterm Municipal Opptys Fd.
How do I buy shares of Mainstay Definedterm Municipal Opptys Fd?
Shares of MMD can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Mainstay Definedterm Municipal Opptys Fd's stock price today?
One share of MMD stock can currently be purchased for approximately $19.97.
What is Mainstay Definedterm Municipal Opptys Fd's official website?
How can I contact Mainstay Definedterm Municipal Opptys Fd?
Mainstay Definedterm Municipal Opptys Fd's mailing address is 51 Madison Ave, NEW YORK, NY 10010-1603, United States. The closed-end fund can be reached via phone at +1-212-5767000.
MarketBeat Community Rating for Mainstay Definedterm Municipal Opptys Fd (NYSE MMD)
MarketBeat's community ratings are surveys of what our community members think about Mainstay Definedterm Municipal Opptys Fd and other stocks. Vote "Outperform" if you believe MMD will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MMD will underperform the S&P 500 over the long term. You may vote once every thirty days.
