MainStay MacKay DefinedTerm Municipal Opportunities Fund (MMD) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $14.44 to $14.52
• 50-Day Range: $14.03 to $15.33
• 52-Week Range: $14.00 to $17.00
• Volume: 66,161 shs
• Average Volume: 91,737 shs
• Market Capitalization: N/A
• P/E Ratio: N/A
• Dividend Yield: 4.98%
• Price Target: N/A
• Consensus Rating: N/A

MMD Stock Analysis - Frequently Asked Questions

How have MMD shares performed this year?

MainStay MacKay DefinedTerm Municipal Opportunities Fund's stock was trading at $14.93 at the start of the year. Since then, MMD stock has decreased by 3.1% and is now trading at $14.47.
View the best growth stocks for 2025 here.

Who are MainStay MacKay DefinedTerm Municipal Opportunities Fund's major shareholders?

MainStay MacKay DefinedTerm Municipal Opportunities Fund's top institutional shareholders include Raymond James Financial Inc., Hennion & Walsh Asset Management Inc., Royal Bank of Canada and LPL Financial LLC. Insiders that own company stock include John J Lawlor, David Dowden, Michael Petty and Michael Denlinger.
View institutional ownership trends.

How do I buy shares of MainStay MacKay DefinedTerm Municipal Opportunities Fund?

Shares of MMD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of MainStay MacKay DefinedTerm Municipal Opportunities Fund own?

Based on aggregate information from My MarketBeat watchlists, some other companies that MainStay MacKay DefinedTerm Municipal Opportunities Fund investors own include AbbVie (ABBV), Cintas (CTAS), Eaton Vance Tax-Advantaged Dividend Income Fund (EVT), Southern (SO), Universal (UVV), Franklin Resources (BEN) and Bank of Nova Scotia (BNS).

Company Calendar

• Record date for 5/1 Dividend: 4/15/2025
• Ex-Dividend for 5/1 Dividend: 4/15/2025
• Dividend Payable: 5/01/2025
• Record date for 6/2 Dividend: 5/15/2025
• Ex-Dividend for 6/2 Dividend: 5/15/2025
• Today: 5/29/2025
• Dividend Payable: 6/02/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Financial Services
• Industry: Asset Management
• Sub-Industry: Financial Services
• Current Symbol: NYSE:MMD
• CIK: 74691
• Web: www.mainstayinvestments.com
• Phone: (212) 576-7000
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: $26.64 million
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: N/A