MMD Stock Overview
MainStay DefinedTerm Municipal Opportunities Fund is a closed-ended fixed income mutual fund launched and managed by New York Life Investment Management LLC.
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 0/6 |
| Past Performance | 1/6 |
| Financial Health | 4/6 |
| Dividends | 2/6 |
MainStay MacKay DefinedTerm Municipal Opportunities Fund Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$16.08 |
| 52 Week High | US$17.67 |
| 52 Week Low | US$14.30 |
| Beta | 0.50 |
| 1 Month Change | -1.71% |
| 3 Month Change | -1.11% |
| 1 Year Change | -4.23% |
| 3 Year Change | -27.07% |
| 5 Year Change | -21.37% |
| Change since IPO | -19.60% |
Recent News & Updates
Recent updates
MMD: A Solid Muni Fund That Is Worth Putting On A Watchlist
Oct 03MainStay DefinedTerm Municipal Opportunities Fund declares $0.085 dividend
Jan 03MainStay DefinedTerm Municipal Opportunities Fund declares $0.085 dividend
Oct 03MainStay DefinedTerm Municipal Opportunities Fund declares $0.085 dividend
Jul 01MMD: Strong Muni Performer To Lock In Higher Yields
Apr 27MainStay DefinedTerm Municipal Opportunities Fund declares $0.085 dividend
Jan 04MainStay DefinedTerm Municipal Opportunities Fund declares $0.085 dividend
Nov 02Shareholder Returns
| MMD | US Capital Markets | US Market | |
|---|---|---|---|
| 7D | -0.7% | -2.6% | -3.7% |
| 1Y | -4.2% | 22.7% | 20.5% |
Return vs Industry: MMD underperformed the US Capital Markets industry which returned 22.2% over the past year.
Return vs Market: MMD underperformed the US Market which returned 20.2% over the past year.
Price Volatility
| MMD volatility | |
|---|---|
| MMD Average Weekly Movement | 1.2% |
| Capital Markets Industry Average Movement | 3.4% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in US Market | 16.4% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: MMD has not had significant price volatility in the past 3 months.
Volatility Over Time: MMD's weekly volatility (1%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2012 | n/a | n/a | www.nylinvestments.com/MainStayClosedEndFund |
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.
MainStay MacKay DefinedTerm Municipal Opportunities Fund Fundamentals Summary
| MMD fundamental statistics | |
|---|---|
| Market cap | US$448.02m |
| Earnings (TTM) | US$19.49m |
| Revenue (TTM) | US$26.26m |
23.0x
P/E Ratio17.1x
P/S RatioIs MMD overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MMD income statement (TTM) | |
|---|---|
| Revenue | US$26.26m |
| Cost of Revenue | US$0 |
| Gross Profit | US$26.26m |
| Other Expenses | US$6.77m |
| Earnings | US$19.49m |
Last Reported Earnings
Nov 30, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.70 |
| Gross Margin | 100.00% |
| Net Profit Margin | 74.22% |
| Debt/Equity Ratio | 40.7% |
How did MMD perform over the long term?
See historical performance and comparisonDividends
4.5%
Current Dividend Yield127%
Payout RatioDoes MMD pay a reliable dividends?
See MMD dividend history and benchmarks| MainStay MacKay DefinedTerm Municipal Opportunities Fund dividend dates | |
|---|---|
| Ex Dividend Date | May 15 2024 |
| Dividend Pay Date | May 31 2024 |
| Days until Ex dividend | 26 days |
| Days until Dividend pay date | 42 days |
Does MMD pay a reliable dividends?
See MMD dividend history and benchmarks