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.
Industry, Sector and Symbol
Industry Closed End Funds
Trailing P/E RatioN/A
Forward P/E RatioN/A
Sales & Book Value
Price / SalesN/A
Price / CashN/A
Price / BookN/A
Return on EquityN/A
Return on AssetsN/A
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 Wednesday, January 3rd. Shareholders of record on Thursday, February 15th will be given a dividend of $0.09 per share on Wednesday, February 28th. This represents a $1.08 dividend on an annualized basis and a yield of 5.81%. The ex-dividend date of this dividend 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?
Some companies that are related to Mainstay Definedterm Municipal Opptys Fd include Eaton Vance Tax Managed Buy Write Opport (ETV), BlackRock Enhanced Global Dividend Trust (BOE), Eaton Vance Floating-Rate Income Trust (EFT), Clearbridge Energy MLP Total Return Fund (CTR), MFS Charter Income Trust (MCR), Goldman Sachs MLP Inc Opp (GMZ), Carador Income Fund (CIFU), Oxford Lane Capital (OXLC), Center Coast Brookfield MLP&Enrg Inf Fnd (CEN), Kayne Anderson Energy Development (KED), BlackRock LT Municipal Advantage Trust (BTA), Voya Asia Pacific High Divid Eqt Incm Fd (IAE), Malaysia Fund (MAY), Full Circle Capital (FULL), GLI Finance (GLIF), Andalas Energy and Power (ADL), Helios Advantage Income Fund (HAV) and MCG Capital (MCGC).
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 (Age 58)
- Jack R. Benintende, Principal Financial and Accounting Officer, Treasurer (Age 52)
- Kevin M. Bopp, Chief Compliance Officer, Vice President (Age 48)
- Scott T. Harrington, Vice President - Administration (Age 58)
- J. Kevin Gao, Secretary, Chief Legal Officer (Age 49)
- Christopher O. Blunt, Trustee (Age 54)
- David H. Chow, Trustee (Age 59)
- Susan B. Kerley, Independent Trustee (Age 65)
- Alan R. Latshaw, Independent Trustee (Age 65)
- Richard H. Nolan Jr, Independent Trustee (Age 70)
Has Mainstay Definedterm Municipal Opptys Fd been receiving favorable news coverage?
Media stories about MMD stock have trended somewhat positive this week, Accern Sentiment Analysis reports. Accern ranks the sentiment of news coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Mainstay Definedterm Municipal Opptys Fd earned a news sentiment score of 0.10 on Accern's scale. They also assigned headlines about the closed-end fund an impact score of 46.58 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.
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 investors include Raymond James & Associates (1.65%), Guggenheim Capital LLC (0.82%), Raymond James Financial Services Advisors Inc. (0.66%), Wells Fargo & Company MN (0.61%), Northwestern Mutual Wealth Management Co. (0.20%) and Ladenburg Thalmann Financial Services Inc. (0.10%). View Institutional Ownership Trends for Mainstay Definedterm Municipal Opptys Fd.
Which major investors are selling Mainstay Definedterm Municipal Opptys Fd stock?
Which major investors are buying Mainstay Definedterm Municipal Opptys Fd stock?
MMD stock was acquired by a variety of institutional investors in the last quarter, including Raymond James & Associates, Northwestern Mutual Wealth Management Co., BB&T Securities LLC, Wells Fargo & Company MN, Ladenburg Thalmann Financial Services Inc., Raymond James Financial Services Advisors Inc. and Avestar Capital 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 $18.60.
How big of a company is Mainstay Definedterm Municipal Opptys Fd?
Mainstay Definedterm Municipal Opptys Fd has a market capitalization of $519.40 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)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.
Mainstay Definedterm Municipal Opptys Fd (NYSE:MMD) Analyst Ratings History
No equities research coverage for this company has been tracked by MarketBeat
Earnings History for Mainstay Definedterm Municipal Opptys Fd (NYSE:MMD)
No earnings announcements for this company have been tracked by MarketBeat.com
Mainstay Definedterm Municipal Opptys Fd (NYSE:MMD) Earnings Estimates
No earnings estimates for this company have been tracked by MarketBeat.com
Mainstay Definedterm Municipal Opptys Fd (NYSE:MMD) Dividend Information
|Most Recent Dividend:||2/28/2018|
|Dividend Growth:||-11.30% (3 Year Average)|
Mainstay Definedterm Municipal Opptys Fd (NYSE:MMD) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Mainstay Definedterm Municipal Opptys Fd (NYSE MMD) News Headlines
Mainstay Definedterm Municipal Opptys Fd (NYSE:MMD) SEC Filings
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Financials are not available for this stock.
Mainstay Definedterm Municipal Opptys Fd (NYSE MMD) Stock Chart for Monday, March, 19, 2018