NYSE:MMD

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

$16.50
+0.14 (+0.86%)
(As of 05/17/2024 ET)
Today's Range
$16.36
$16.50
50-Day Range
$15.99
$16.50
52-Week Range
$14.30
$17.53
Volume
42,320 shs
Average Volume
63,980 shs
Market Capitalization
N/A
P/E Ratio
N/A
Dividend Yield
4.61%
Price Target
N/A
MMD stock logo

About MainStay MacKay DefinedTerm Municipal Opportunities Fund Stock (NYSE:MMD)

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.

MMD Stock Price History

MMD Stock News Headlines

MainStay MacKay Convertible Fund;I
MassMutual Growth Opportunities Fund;R5
MainStay MacKay Convertible Fund;A
Weekly Closed-End Fund Roundup: August 21, 2022
See More Headlines
Receive MMD Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for MainStay MacKay DefinedTerm Municipal Opportunities Fund and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Ex-Dividend for 5/31 Dividend
5/15/2024
Today
5/17/2024
Dividend Payable
5/31/2024
Ex-Dividend for 6/28 Dividend
6/14/2024
Dividend Payable
6/28/2024

Industry, Sector and Symbol

Industry
Asset Management
Sub-Industry
N/A
Fax
N/A
Employees
N/A
Year Founded
N/A

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$19.83 million

Miscellaneous

Free Float
N/A
Optionable
Not Optionable
Beta
N/A
20 Stocks to Sell Now Cover

MarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.

Get This Free Report

MMD Stock Analysis - Frequently Asked Questions

How have MMD shares performed in 2024?

MainStay MacKay DefinedTerm Municipal Opportunities Fund's stock was trading at $16.25 at the beginning of 2024. Since then, MMD shares have increased by 1.5% and is now trading at $16.50.
View the best growth stocks for 2024 here
.

How often does MainStay MacKay DefinedTerm Municipal Opportunities Fund pay dividends? What is the dividend yield for MainStay MacKay DefinedTerm Municipal Opportunities Fund?

MainStay MacKay DefinedTerm Municipal Opportunities Fund declared a monthly dividend on Monday, April 1st. Shareholders of record on Friday, June 14th will be given a dividend of $0.06 per share on Friday, June 28th. This represents a $0.72 annualized dividend and a yield of 4.36%. The ex-dividend date of this dividend is Friday, June 14th.
Read our dividend analysis for MMD
.

Is MainStay MacKay DefinedTerm Municipal Opportunities Fund a good dividend stock?

MainStay MacKay DefinedTerm Municipal Opportunities Fund (NYSE:MMD) pays an annual dividend of $0.76 per share and currently has a dividend yield of 0.05%.
Read our dividend analysis for MMD.

What other stocks do shareholders of MainStay MacKay DefinedTerm Municipal Opportunities Fund own?
Who are MainStay MacKay DefinedTerm Municipal Opportunities Fund's major shareholders?

MainStay MacKay DefinedTerm Municipal Opportunities Fund's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Raymond James & Associates (0.00%), Advisors Asset Management Inc. (0.00%), City of London Investment Management Co. Ltd. (0.00%), XML Financial LLC (0.00%), Raymond James Financial Services Advisors Inc. (0.00%) and ProVise Management Group LLC (0.00%). Insiders that own company stock include Michael Denlinger, Michael Petty, Robert A Dimella and Yie-Hsin Hung.
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.
Compare Top Brokerages Here.

This page (NYSE:MMD) was last updated on 5/18/2024 by MarketBeat.com Staff

From Our Partners