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 declared a monthly dividend on Tuesday, April 2nd. Stockholders of record on Wednesday, May 15th will be given a dividend of $0.085 per share on Friday, May 31st. This represents a $1.02 dividend on an annualized basis and a dividend yield of 5.00%. The ex-dividend date of this dividend is Tuesday, May 14th. View Mainstay Definedterm Municipal Opptys Fd's Dividend History.
Has Mainstay Definedterm Municipal Opptys Fd been receiving favorable news coverage?
Media headlines about MMD stock have trended somewhat positive recently, InfoTrie Sentiment reports. The research group identifies negative and positive media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Mainstay Definedterm Municipal Opptys Fd earned a news sentiment score of 1.9 on InfoTrie's scale. They also gave news headlines about the closed-end fund a news buzz of 4.0 out of 10, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near term.
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 Australia Equity Fund (IAF), Aberdeen New Dawn Investment Trust (ABD), Absolute Equity Performance Fund (AEG), Ackermans & van Haaren (ACKB), Advent Claymore Convertible Sec & Inc Fd (AVK), AGF Management (AGF.B), Alcentra European Flotng Rt Incm Fd (AEFS), All Asia Asset Capital (AAA), Alliance Trust (ATST), Allianzgi Diversified Incm and Cnvrtb Fd (ACV), AllianzGI Equity & Convertible Income FD (NIE) and Alpine Global Premier Properties Fund (AWP).
What other stocks do shareholders of Mainstay Definedterm Municipal Opptys Fd own?
Based on aggregate information from My MarketBeat watchlists, some companies that other Mainstay Definedterm Municipal Opptys Fd investors own include Eaton V.Tax-Advantaged Dividend Inc Fund (EVT), Cohen & Steers Clsd-End Optuny Fnd (FOF), Nuveen Preferred & Income Oprtnts Fnd (JPC), The Gabelli Dividend & Income Trust (GDV), First Data (FDC), BlackRock LT Municipal Advantage Trust (BTA), BlackRock Enhanced Dividend Achievers Tr (BDJ), Alliance New York Municipal Income Fund, (AYN), Preferred Apartment Communities (APTS) and Omeros (OMER).
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 Morgan Stanley (0.00%), Raymond James & Associates (0.00%), Wells Fargo & Company MN (0.00%), Raymond James Financial Services Advisors Inc. (0.00%), Northwestern Mutual Wealth Management Co. (0.00%) and Ladenburg Thalmann Financial Services Inc. (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 Wells Fargo & Company MN, Ladenburg Thalmann Financial Services Inc., Morgan Stanley, Golden State Wealth Management LLC, ProVise Management Group LLC, Mercer Global Advisors Inc. ADV, Mercer Global Advisors Inc. ADV and Raymond James Financial Services Advisors Inc.. 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 $20.38.
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.
