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: $14.64 to $15.60
• 50-Day Range: $14.42 to $14.90
• 52-Week Range: $14.00 to $17.00
• Volume: 47,534 shs
• Average Volume: 73,556 shs
• Market Capitalization: N/A
• P/E Ratio: N/A
• Dividend Yield: 4.90%
• 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 beginning of 2025. Since then, MMD stock has decreased by 1.5% and is now trading at $14.7050.

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

Top institutional investors of MainStay MacKay DefinedTerm Municipal Opportunities Fund include Envestnet Asset Management Inc., Park Avenue Securities LLC, City of London Investment Management Co. Ltd. and Whipplewood Advisors 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

• Ex-Dividend for 8/1 Dividend: 7/15/2025
• Record date for 8/1 Dividend: 7/16/2025
• Dividend Payable: 8/01/2025
• Today: 8/10/2025
• Record date for 10/1 Dividend: 9/15/2025
• Ex-Dividend for 10/1 Dividend: 9/15/2025
• Dividend Payable: 10/01/2025

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 (Trailing Twelve Months): 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: $1.21 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