MainStay MacKay DefinedTerm Municip... (MMD)


-0.07 (-0.38%)
Symbol MMD
Price $18.4701
Beta 0.279
Volume Avg. 0.06M
Market Cap 514.588M
Shares () -
52 Week Range 16.82-23.15
1y Target Est -
DCF Unlevered MMD DCF ->
DCF Levered MMD LDCF ->
ROE 8.27% Neutral
ROA 5.23% Neutral
Operating Margin -
Debt / Equity 55.56% Buy
P/E 14.32 Strong Buy
P/B 0.88 Buy


Consensus EPS

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Stephen P. Fisher
Financial Services
Asset Management
New York Stock Exchange

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.