NYSE:MMD

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

$16.13
+0.03 (+0.19%)
(As of 04/23/2024 ET)
Today's Range
$16.09
$16.17
50-Day Range
$16.05
$16.54
52-Week Range
$14.30
$17.67
Volume
88,632 shs
Average Volume
65,932 shs
Market Capitalization
N/A
P/E Ratio
N/A
Dividend Yield
4.71%
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

SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
MainStay MacKay Convertible Fund;I
SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
MassMutual Growth Opportunities Fund;R5
MainStay MacKay Convertible Fund;A
Weekly Closed-End Fund Roundup: August 21, 2022
See More Headlines
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Company Calendar

Ex-Dividend for 4/30 Dividend
4/15/2024
Today
4/23/2024
Dividend Payable
4/30/2024
Ex-Dividend for 5/31 Dividend
5/15/2024
Dividend Payable
5/31/2024

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
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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 the year. Since then, MMD stock has decreased by 0.7% and is now trading at $16.13.
View the best growth stocks for 2024 here
.

Are investors shorting MainStay MacKay DefinedTerm Municipal Opportunities Fund?

MainStay MacKay DefinedTerm Municipal Opportunities Fund saw a drop in short interest in March. As of March 31st, there was short interest totaling 32,200 shares, a drop of 29.8% from the March 15th total of 45,900 shares. Based on an average daily volume of 80,900 shares, the days-to-cover ratio is currently 0.4 days.
View MainStay MacKay DefinedTerm Municipal Opportunities Fund's Short Interest
.

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 Wednesday, April 3rd. Stockholders of record on Friday, June 14th will be paid a dividend of $0.06 per share on Friday, June 28th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 4.46%. 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 institutional and retail investors. Top institutional investors include Raymond James & Associates (0.00%), Raymond James Financial Services Advisors Inc. (0.00%), Rovin Capital UT ADV (0.00%), Legacy Financial Strategies LLC (0.00%) and Future Financial Wealth Managment LLC (0.00%). Insiders that own company stock include Jeffrey S Phlegar, John J Lawlor, 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 4/23/2024 by MarketBeat.com Staff

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