Mainstay Definedterm Municipal Opptys Fd Stock Price, News & Analysis (NYSE:MMD)

$19.73 -0.01 (-0.05 %)
(As of 01/18/2018 04:00 PM ET)
Previous Close$19.74
Today's Range$19.63 - $19.75
52-Week Range$18.44 - $20.49
Volume66,562 shs
Average Volume54,317 shs
Market Capitalization$551.64 million
P/E RatioN/A
Dividend Yield5.45%
Beta-0.09

About Mainstay Definedterm Municipal Opptys Fd (NYSE:MMD)

Mainstay Definedterm Municipal Opportunities Fund (the Fund) is a diversified, closed-end management investment company. The Fund's primary investment objective is to seek current income exempt from regular the United States Federal income taxes (but which may be includable in taxable income for purpose of the Federal alternative minimum tax). The Fund's secondary objective is total return. The Fund may invest in both tender option bond (TOB) floaters and TOB residuals. The Fund may invest in both TOB Floaters and TOB Residuals issued by the same TOB Issuer. The Fund's portfolio of investments includes municipal bonds. The Fund invests in various sectors, including hospital, special tax, electric utilities, industrial development revenue/pollution control revenue (IDR/PCR), water/sewer, toll roads, tobacco and local general obligation. New York Life Investment Management LLC is the Fund's investment advisor and MacKay Shields LLC serves as sub-advisor for the Fund.

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Industry, Sector and Symbol

Industry Closed End Funds
Sub-IndustryN/A
SectorFinancials
SymbolNYSE:MMD
CUSIPN/A
Phone+1-212-5767000

Debt

Debt-to-Equity RatioN/A
Current RatioN/A
Quick RatioN/A

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual SalesN/A
Price / SalesN/A
Cash FlowN/A
Price / CashN/A
Book ValueN/A
Price / BookN/A

Profitability

Trailing EPSN/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A

Miscellaneous

EmployeesN/A
Outstanding Shares27,550,000

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 Wednesday, January 3rd. Shareholders of record on Thursday, February 15th will be paid a dividend of $0.09 per share on Wednesday, February 28th. This represents a $1.08 annualized dividend and a yield of 5.47%. The ex-dividend date is Wednesday, February 14th. View Mainstay Definedterm Municipal Opptys Fd's Dividend History.

Who are some of Mainstay Definedterm Municipal Opptys Fd's key competitors?

Who are Mainstay Definedterm Municipal Opptys Fd's key executives?

Mainstay Definedterm Municipal Opptys Fd's management team includes the folowing people:

  • Stephen P. Fisher, President
  • Jack R. Benintende, Principal Financial and Accounting Officer, Treasurer
  • Kevin M. Bopp, Chief Compliance Officer, Vice President
  • Scott T. Harrington, Vice President - Administration
  • J. Kevin Gao, Secretary, Chief Legal Officer
  • Christopher O. Blunt, Trustee
  • David H. Chow, Trustee
  • Susan B. Kerley, Independent Trustee
  • Alan R. Latshaw, Independent Trustee
  • Richard H. Nolan Jr, Independent Trustee

How do I buy Mainstay Definedterm Municipal Opptys Fd stock?

Shares of Mainstay Definedterm Municipal Opptys Fd 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 Mainstay Definedterm Municipal Opptys Fd stock can currently be purchased for approximately $19.73.

How big of a company is Mainstay Definedterm Municipal Opptys Fd?

Mainstay Definedterm Municipal Opptys Fd has a market capitalization of $551.64 million.

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 (MMD)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  23 (Vote Outperform)
Underperform Votes:  31 (Vote Underperform)
Total Votes:  54
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 the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Mainstay Definedterm Municipal Opptys Fd (NYSE:MMD) Analyst Ratings History


No equities research coverage for this company has been tracked by MarketBeat

Earnings

Earnings History for Mainstay Definedterm Municipal Opptys Fd (NYSE:MMD)


No earnings announcements for this company have been tracked by MarketBeat.com

Estimates

Mainstay Definedterm Municipal Opptys Fd (NYSE:MMD) Earnings Estimates

No earnings estimates for this company have been tracked by MarketBeat.com

Dividends

Mainstay Definedterm Municipal Opptys Fd (NYSE:MMD) Dividend Information

Next Dividend:2/28/2018
Annual Dividend:$1.08
Dividend Yield:5.47%
Dividend Growth:-11.30% (3 Year Average)
Payout Ratio:
Frequency:Monthly Dividend
Dividend Payments by Quarter for Mainstay Definedterm Municipal Opptys Fd (NYSE:MMD)

Mainstay Definedterm Municipal Opptys Fd (NYSE:MMD) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
1/3/2018monthly$0.095.43%2/14/20182/15/20182/28/2018
1/3/2018monthly$0.095.43%3/14/20183/15/20183/29/2018
1/3/2018monthly$0.095.43%1/12/20181/16/20181/31/2018
10/3/2017monthly$0.095.39%11/14/201711/15/201711/30/2017
10/3/2017monthly$0.095.39%12/14/201712/15/201712/29/2017
10/3/2017monthly$0.095.39%10/13/201710/16/201710/31/2017
7/5/2017monthly$0.095.47%9/14/20179/15/20179/29/2017
7/5/2017monthly$0.095.47%8/11/20178/15/20178/31/2017
7/5/2017monthly$0.095.47%7/12/20177/14/20177/31/2017
4/4/2017monthly$0.095.6%4/12/20174/17/20174/28/2017
4/4/2017monthly$0.095.6%5/11/20175/15/20175/31/2017
4/4/2017monthly$0.095.6%6/13/20176/15/20176/30/2017
1/4/2017monthly$0.095.83%2/13/20172/15/20172/28/2017
1/4/2017monthly$0.095.83%3/13/20173/15/20173/31/2017
1/4/2017monthly$0.095.83%1/12/20171/17/20171/31/2017
10/4/2016monthly$0.095.34%11/10/201611/15/201611/30/2016
10/4/2016monthly$0.095.34%12/13/201612/15/201612/30/2016
10/4/2016monthly$0.095.34%10/12/201610/14/201610/31/2016
7/5/2016monthly$0.095.19%7/13/20167/15/20167/29/2016
7/5/2016monthly$0.095.19%9/13/20169/15/20169/30/2016
7/5/2016monthly$0.095.19%8/11/20168/15/20168/31/2016
4/4/2016monthly$0.106.01%5/12/20165/16/20165/31/2016
4/4/2016monthly$0.106.01%6/13/20166/15/20166/30/2016
4/4/2016monthly$0.106.01%4/13/20164/15/20164/29/2016
1/5/2016monthly$0.106.22%2/11/20162/16/20162/29/2016
1/5/2016monthly$0.106.22%3/11/20163/15/20163/31/2016
1/5/2016monthly$0.106.22%1/13/20161/15/20161/29/2016
10/1/2015monthly$0.106.61%12/11/201512/15/201512/31/2015
10/1/2015monthly$0.106.61%10/13/201510/15/201510/30/2015
10/1/2015monthly$0.106.61%11/12/201511/16/201511/30/2015
7/2/2015monthly$0.106.79%7/13/20157/15/20157/31/2015
7/2/2015monthly$0.106.79%8/12/20158/14/20158/31/2015
7/2/2015monthly$0.106.79%9/11/20159/15/20159/30/2015
4/2/2015monthly$0.106.31%4/13/20154/15/20154/30/2015
4/2/2015monthly$0.106.31%6/11/20156/15/20156/30/2015
4/2/2015monthly$0.106.31%5/13/20155/15/20155/29/2015
1/5/2015monthly$0.106.4%1/13/20151/15/20151/30/2015
1/5/2015monthly$0.106.4%2/12/20152/17/20152/27/2015
1/5/2015monthly$0.106.4%3/12/20153/16/20153/31/2015
10/7/2014monthly$0.106.54%11/18/201411/20/201411/28/2014
10/7/2014monthly$0.106.54%12/17/201412/19/201412/31/2014
10/6/2014oct 14$0.106.54%10/16/201410/20/201410/31/2014
7/2/2014monthly$0.106.71%8/13/20148/15/20148/29/2014
7/2/2014monthly$0.106.71%9/11/20149/15/20149/30/2014
7/1/2014jul 14$0.106.71%7/11/20147/15/20147/31/2014
(Data available from 1/1/2013 forward)

Insider Trades

Mainstay Definedterm Municipal Opptys Fd (NYSE MMD) Insider Trading and Institutional Ownership History

Insider Trades by Quarter for Mainstay Definedterm Municipal Opptys Fd (NYSE:MMD)
Insider Trades by Quarter for Mainstay Definedterm Municipal Opptys Fd (NYSE:MMD)

Mainstay Definedterm Municipal Opptys Fd (NYSE MMD) Insider Trades by Quarter

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
5/6/2016David DowdenPortfolio ManagerSell5,000$20.18$100,900.00View SEC Filing  
2/25/2015New York Life Investment ManagInsiderSell6,304$18.60$117,254.40View SEC Filing  
4/21/2014Drew LawtonCEOSell5,834$17.05$99,469.70View SEC Filing  
4/17/2014Drew LawtonCEOSell17,831$17.07$304,375.17View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Mainstay Definedterm Municipal Opptys Fd (NYSE MMD) News Headlines

Source:
DateHeadline
Mainstay Definedterm Municipal Opptys Fd (MMD) to Issue $0.09 Monthly DividendMainstay Definedterm Municipal Opptys Fd (MMD) to Issue $0.09 Monthly Dividend
www.americanbankingnews.com - January 3 at 8:36 PM
Mainstay Definedterm Municipal Opptys Fd (MMD) Announces Monthly Dividend of $0.09Mainstay Definedterm Municipal Opptys Fd (MMD) Announces Monthly Dividend of $0.09
www.americanbankingnews.com - January 3 at 8:36 PM
Mainstay Definedterm Municipal Opptys Fd Declares Monthly Dividend of $0.09 (MMD)Mainstay Definedterm Municipal Opptys Fd Declares Monthly Dividend of $0.09 (MMD)
www.americanbankingnews.com - January 3 at 8:36 PM
MainStay DefinedTerm Municipal Opportunities Fund Declares Monthly Dividend Distributions For The Months Of January, February And MarchMainStay DefinedTerm Municipal Opportunities Fund Declares Monthly Dividend Distributions For The Months Of January, February And March
finance.yahoo.com - January 2 at 9:55 AM
Peter Meenan Retires From MainStay DefinedTerm Municipal Opportunities Close End Fund BoardPeter Meenan Retires From MainStay DefinedTerm Municipal Opportunities Close End Fund Board
finance.yahoo.com - January 2 at 9:55 AM
MainStay DefinedTerm Municipal Opportunities Fund Renames As MainStay MacKay DefinedTerm Municipal Opportunities FundMainStay DefinedTerm Municipal Opportunities Fund Renames As MainStay MacKay DefinedTerm Municipal Opportunities Fund
finance.yahoo.com - December 15 at 5:16 PM
Kirk Lehneis Appointed President Of MainStay DefinedTerm Municipal Opportunities FundKirk Lehneis Appointed President Of MainStay DefinedTerm Municipal Opportunities Fund
finance.yahoo.com - October 6 at 10:36 AM
MainStay DefinedTerm Municipal Opportunities Fund Declares Monthly Dividend Distributions for the Months of October, November and DecemberMainStay DefinedTerm Municipal Opportunities Fund Declares Monthly Dividend Distributions for the Months of October, November and December
finance.yahoo.com - October 6 at 10:36 AM
Mainstay Definedterm Municipal Opptys Fd Plans Monthly Dividend of $0.09 (MMD)Mainstay Definedterm Municipal Opptys Fd Plans Monthly Dividend of $0.09 (MMD)
www.americanbankingnews.com - October 3 at 7:52 PM
MainStay DefinedTerm Municipal Opportunities Fund Declares Revised Ex-Dividend Date For The Month Of SeptemberMainStay DefinedTerm Municipal Opportunities Fund Declares Revised Ex-Dividend Date For The Month Of September
finance.yahoo.com - August 28 at 3:31 PM
Mainstay Definedterm Municipal Opptys Fd (NYSE:MMD) to Issue Monthly Dividend of $0.09Mainstay Definedterm Municipal Opptys Fd (NYSE:MMD) to Issue Monthly Dividend of $0.09
www.americanbankingnews.com - July 5 at 10:20 PM

SEC Filings

Mainstay Definedterm Municipal Opptys Fd (NYSE:MMD) SEC Filings

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Social Media

Financials

Financials are not available for this stock.

Chart

Mainstay Definedterm Municipal Opptys Fd (NYSE MMD) Stock Chart for Thursday, January, 18, 2018

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This page was last updated on 1/18/2018 by MarketBeat.com Staff

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