MainStay MacKay DefinedTerm Municipal Opportunities Fund – NYSE:MMD

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$14.56

-0.22

-1.56%

Market closed

Open in 3 days

-11.65%

month

-11.65%

quarter

-9.21%

year

Market Cap	414.01M
Enterprise value	602.27M

P/E	27.21
EV/Sales	21.55
EV/EBITDA	255.44
Price/Sales	14.78
Price/Book	0.88
PEG ratio	-1.69
EPS	1.05

Revenue	36.19M
EBITDA	28.89M
Income	29.23M
Revenue Q/Q	N/A
Revenue Y/Y	N/A

Profit margin	54.31%
Oper. margin	99.98%
Gross margin	92.34%
EBIT margin	99.98%
EBITDA margin	79.84%

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10 years history
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MainStay MacKay DefinedTerm Municipal Opportunities Fund (NYSE:MMD): Profit margin
Feb 2023	6.92M	7.23M	104.48%
May 2023	16.32M	14.46M	88.6%
Aug 2023	6.20M	2.51M	40.47%
Nov 2023	6.73M	5.02M	74.58%

Dividends

Paying a dividend greater than earnings.

MainStay MacKay DefinedTerm Municipal Opportunities Fund (NYSE:MMD): Payout ratio
Payout ratio	177.98%

MainStay MacKay DefinedTerm Municipal Opportunities Fund (NYSE:MMD): Dividend Yield
2016	2.17%
2017	8.81%
2019	5%
2020	4.91%
2022	5.42%

MMD dividends history

MainStay MacKay DefinedTerm Municipal Opportunities Fund (NYSE:MMD): Debt to assets
Aug 2022	780114270	307.95M	39.48%
Nov 2022	780114270	307.95M	39.48%
Aug 2023	661544328	193.57M	29.26%
Nov 2023	661544328	193.57M	29.26%

MainStay MacKay DefinedTerm Municipal Opportunities Fund (NYSE:MMD): Cash Flow
Feb 2023	29.77M	0	-27.81M
May 2023	12.56M	47.59M	-56.25M
Aug 2023	40.93M	0	-41.24M
Nov 2023	10.16M	71.70M	-82.48M

MainStay MacKay DefinedTerm Municipal Opportunities Fund
Insider Trading

MainStay MacKay DefinedTerm Municipal Opportunities Fund (NYSE:MMD): Insider trades (number of shares)
Period	Buy	Sel
Nov 2024	2500	0

Transaction	Date	Insider	Security	Shares	Price per share	Total value
Purchase	20 Nov 2024	LAWLOR JOHN J other: Portfolio Manager other: Portfolio Manager	Shares of beneficial interest	2,500	$15.79	$39,475
Sale	18 Aug 2023	DENLINGER MICHAEL	Shares of beneficial interest	0	$16.67	$0
Sale	7 Aug 2023	DENLINGER MICHAEL	Shares of beneficial interest	4,567	$16.86	$76,981
Sale	10 Jul 2023	DENLINGER MICHAEL	Shares of beneficial interest	4,326	$16.95	$73,308
Sale	22 Nov 2022	PETTY MICHAEL director director	Shares of beneficial interest	0	$16.21	$0
Sale	21 Nov 2022	PETTY MICHAEL other other	Shares of beneficial interest	1,709	$16.15	$27,600
Purchase	11 Oct 2022	DENLINGER MICHAEL other other	Shares of beneficial interest	855	$15.75	$13,466
Purchase	13 May 2022	DENLINGER MICHAEL other other	Shares of beneficial interest	3,250	$17.23	$55,998
Purchase	11 Apr 2022	SPRAUER SCOTT other other	Share of beneficial interest	2,000	$17.89	$35,780
Purchase	11 Apr 2022	DIMELLA ROBERT A other other	Shares of beneficial interest	10,000	$17.9	$178,960

MMD insider trading transactions

MainStay MacKay DefinedTerm Municipal Opportunities Fund
Latest News

Saturday, 30 November 2024
22:47	CEF Weekly Review: Emerging Market Debt Remains A Tricky Income Holding	seekingalpha.com
Friday, 15 November 2024
08:45	NYLI MacKay DefinedTerm Muni Opportunities Fund Announces Preliminary Results of Tender Offer	businesswire.com
Friday, 1 November 2024
09:24	NYLI MacKay DefinedTerm Muni Opportunities Fund Declares Monthly Dividend Distributions for November 2024	businesswire.com
Monday, 1 April 2024
09:00	MAINSTAY MACKAY DEFINEDTERM MUNICIPAL OPPORTUNITIES FUND DECLARES MONTHLY DIVIDEND DISTRIBUTIONS FOR THE MONTHS OF APRIL, MAY, AND JUNE 2024	prnewswire.com
Tuesday, 3 October 2023
06:21	MMD: A Solid Muni Fund That Is Worth Putting On A Watchlist	Seeking Alpha
Wednesday, 1 March 2023
10:59	Weekly Closed-End Fund Roundup: February 19, 2023	Seeking Alpha
Wednesday, 22 February 2023
10:54	CEF Report February 2023 \| The January Effect Didn't Disappoint	Seeking Alpha
Thursday, 3 November 2022
15:41	Municipal CEF Sector Update: 2023 Fed Pause Offers A Good Entry Point	Seeking Alpha
Wednesday, 1 June 2022
12:06	Municipal CEF Sector Update: Outperforming The Market For A Change	Seeking Alpha
Wednesday, 27 April 2022
10:28	MMD: Strong Muni Performer To Lock In Higher Yields	Seeking Alpha
Monday, 11 April 2022
12:22	Municipal CEF Sector Update: The Distribution Cut Wave Has Begun	Seeking Alpha
Tuesday, 1 March 2022
22:39	MEGI: New Infrastructure Kid On The Block	Seeking Alpha
Friday, 1 October 2021
09:00	MainStay MacKay DefinedTerm Municipal Opportunities Fund Declares Monthly Dividend Distributions For The Months Of October, November And December 2021	PRNewsWire

Frequently Asked Questions (FAQ)

What's the price of MainStay MacKay DefinedTerm Municipal Opportunities Fund stock today?

One share of MainStay MacKay DefinedTerm Municipal Opportunities Fund stock can currently be purchased for approximately $14.56.
When is MainStay MacKay DefinedTerm Municipal Opportunities Fund's next earnings date?

Unfortunately, MainStay MacKay DefinedTerm Municipal Opportunities Fund's (MMD) next earnings date is currently unknown.
Does MainStay MacKay DefinedTerm Municipal Opportunities Fund pay dividends?

Yes, MainStay MacKay DefinedTerm Municipal Opportunities Fund pays dividends and its trailing 12-month yield is 4.46% with 178% payout ratio.It means that the company is paying a dividend greater than earnings. The last MainStay MacKay DefinedTerm Municipal Opportunities Fund stock dividend of $0.09 was paid on 28 Feb 2022.
How much money does MainStay MacKay DefinedTerm Municipal Opportunities Fund make?

MainStay MacKay DefinedTerm Municipal Opportunities Fund has a market capitalization of 414.01M and it's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 150.21% to 27.42M US dollars.
What is MainStay MacKay DefinedTerm Municipal Opportunities Fund's stock symbol?

MainStay MacKay DefinedTerm Municipal Opportunities Fund is traded on the NYSE under the ticker symbol "MMD".
What is MainStay MacKay DefinedTerm Municipal Opportunities Fund's primary industry?

Company operates in the Financial Services sector and Asset Management industry.
How do i buy shares of MainStay MacKay DefinedTerm Municipal Opportunities Fund?

Shares of MainStay MacKay DefinedTerm Municipal Opportunities Fund can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
When MainStay MacKay DefinedTerm Municipal Opportunities Fund went public?

MainStay MacKay DefinedTerm Municipal Opportunities Fund is publicly traded company for more then 13 years since IPO on 3 Aug 2012.
What is MainStay MacKay DefinedTerm Municipal Opportunities Fund's official website?

The official website for MainStay MacKay DefinedTerm Municipal Opportunities Fund is nylinvestments.com.
Where are MainStay MacKay DefinedTerm Municipal Opportunities Fund's headquarters?

MainStay MacKay DefinedTerm Municipal Opportunities Fund is headquartered at 51 Madison Avenue, New York, NY.
How can i contact MainStay MacKay DefinedTerm Municipal Opportunities Fund?

MainStay MacKay DefinedTerm Municipal Opportunities Fund's mailing address is 51 Madison Avenue, New York, NY and company can be reached via phone at +212 5767000.

MainStay MacKay DefinedTerm Municipal Opportunities Fund

nylinvestments.com

Exchange:

NYSE

Full time employees:

Industry:

Asset Management

Sector:

Financial Services

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.

+212 5767000

51 Madison Avenue
New York, NY 10010-1603

CIK: 0001518557
ISIN: US56064K1007
CUSIP: 56064K100

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