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NYLI MacKay DefinedTerm Muni Opportunities Fund (MMD)

Financial Services | Asset Management | New York, United States | NYSE
15.28 USD +0.03 (0.197%) ⇧ (April 17, 2026, 4 p.m. EDT)
After hours: 15.28
Short-term: ★★☆☆☆ | Long-term: ★☆☆☆☆ | Dividends: ★★★☆☆
Hot Take | April 11, 2026, 3:50 p.m. EDT

MMD is a low-liquidity fund with a high dividend yield, but its recent price performance shows volatility and a lack of clear momentum. The dividend payments are consistent but not high relative to other safer investments, and the payout ratio suggests potential strain on the fund's financial health. While the current price is near its 52-week low, the fund's fundamentals are weak, with a low return on equity and high debt-to-equity ratio. Long-term investors should be cautious, as the fund's sustainable growth prospects are limited. Short-term traders may consider buying dips, but the overall outlook is bearish.
Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.016664
MSTL0.016767
AutoARIMA0.016852
AutoTheta0.017173

Forecast horizon: 45 days | Selected: AutoETS

Forecast Reliability
Score 80%
H-stat 0.72
Ljung-Box p 0.000
Jarque-Bera p 0.199
Excess Kurtosis -0.35
Attribute Value
Sector Financial Services
Ex Dividend Date 2026-05-14
Last Dividend Date 2026-04-14
Debt to Equity Ratio 52.085
Revenue per Share 1.216
Market Cap 286,950,016
Trailing P/E 152.80
Beta 0.60
Profit Margins 8.17%
Previous Name MainStay MacKay DefinedTerm Municipal Opportunities Fund
Website https://www.nylinvestments.com/MainStayClosedEndFund

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.45% 5.06% 5.09% 5.63%
Dividend History
Date Dividend Yield %
2026-04-15 0.068 0.445902
2026-03-16 0.065 0.432389
2026-02-13 0.065 0.417912
2026-01-15 0.065 0.432609
2025-12-15 0.060 0.410754
2025-11-14 0.060 0.406934
2025-10-15 0.060 0.406125
2025-09-15 0.060 0.402689
2025-08-15 0.060 0.421575
2025-07-15 0.060 0.425903
2025-06-16 0.060 0.427941
2025-05-15 0.060 0.425916
2025-04-15 0.060 0.440512
2025-03-14 0.060 0.419784
2025-02-14 0.060 0.413505
2025-01-15 0.060 0.429674
2024-12-16 0.060 0.416292
2024-11-21 0.060 0.408348
2024-10-15 0.060 0.385899
2024-09-16 0.060 0.384758
2024-08-15 0.060 0.389132
2024-07-15 0.060 0.393829
2024-06-14 0.060 0.398857
2024-05-15 0.060 0.403019
2024-04-15 0.060 0.409023
2024-03-14 0.060 0.407258
2024-02-15 0.060 0.403291
2024-01-12 0.060 0.401838
2023-12-14 0.060 0.411477
2023-11-14 0.060 0.427476
2023-10-13 0.060 0.447653
2023-09-14 0.070 0.484186
2023-08-14 0.070 0.476922
2023-07-13 0.070 0.471010
2023-06-14 0.075 0.496187
2023-05-12 0.075 0.508075
2023-04-13 0.075 0.503789
2023-03-14 0.080 0.524738
2023-02-14 0.080 0.523542
2023-01-13 0.080 0.535825
2022-12-14 0.085 0.593392
2022-11-14 0.085 0.645952
2022-10-13 0.085 0.647779
2022-09-14 0.085 0.563051
2022-08-12 0.085 0.549279
2022-07-14 0.085 0.552113
2022-06-14 0.085 0.578688
2022-05-13 0.085 0.600727
2022-04-13 0.085 0.586951
2022-03-14 0.085 0.541981
2022-02-14 0.085 0.527882
2022-01-13 0.085 0.503032
2021-12-14 0.085 0.498382
2021-11-12 0.085 0.496419
2021-10-14 0.085 0.498397
2021-09-14 0.085 0.478653
2021-08-13 0.085 0.478761
2021-07-14 0.085 0.485327
2021-06-14 0.085 0.485427
2021-05-14 0.085 0.476157
2021-04-14 0.085 0.486918
2021-03-12 0.085 0.512344
2021-02-12 0.085 0.499160
2021-01-14 0.085 0.501987
2020-12-14 0.085 0.513997
2020-11-13 0.085 0.523312
2020-10-14 0.085 0.541478
2020-09-14 0.085 0.532595
2020-08-13 0.085 0.528208
2020-07-14 0.085 0.537095
2020-06-15 0.085 0.549474
2020-05-14 0.085 0.575458
2020-04-14 0.085 0.582944
2020-03-13 0.085 0.574639
2020-02-13 0.085 0.512591
2020-01-14 0.085 0.531583
2019-12-13 0.085 0.551143
2019-11-14 0.085 0.568197
2019-10-15 0.085 0.566687
2019-09-13 0.085 0.572335
2019-08-14 0.085 0.572724
2019-07-12 0.085 0.575912
2019-06-13 0.085 0.574110
2019-05-14 0.085 0.588692
2019-04-12 0.085 0.592911
2019-03-14 0.085 0.608003
2019-02-14 0.085 0.604202
2019-01-14 0.085 0.622594
2018-12-13 0.085 0.617396
2018-11-14 0.085 0.634810
2018-10-12 0.085 0.639598
2018-09-13 0.085 0.624295
2018-08-14 0.085 0.624131
2018-07-13 0.085 0.640319
2018-06-14 0.090 0.695950
2018-05-14 0.090 0.699958
2018-04-13 0.090 0.682154
2018-03-14 0.090 0.715169
2018-02-14 0.090 0.709557
2018-01-12 0.090 0.686262
2017-12-14 0.090 0.677056
2017-11-14 0.090 0.707804
2017-10-13 0.090 0.686665
2017-09-14 0.090 0.681949
2017-08-11 0.090 0.694556
2017-07-12 0.090 0.704358
2017-06-13 0.090 0.712598
2017-05-11 0.090 0.718408
2017-04-12 0.090 0.722428
2017-03-13 0.090 0.769746
2017-02-13 0.090 0.755885
2017-01-12 0.090 0.767171
2016-12-13 0.090 0.785962
2016-11-10 0.090 0.784283
2016-10-12 0.090 0.735108
2016-09-13 0.090 0.725962
2016-08-11 0.090 0.712915
2016-07-13 0.090 0.727320
2016-06-13 0.098 0.801352
2016-05-12 0.098 0.797718
2016-04-13 0.098 0.827174
2016-03-11 0.098 0.841516
2016-02-11 0.098 0.850111
2016-01-13 0.098 0.877987
2015-12-11 0.098 0.916556
2015-11-12 0.098 0.931742
2015-10-13 0.098 0.944745
2015-09-11 0.098 0.972349
2015-08-12 0.098 0.965575
2015-07-13 0.098 0.988927
2015-06-11 0.098 0.965476
2015-05-13 0.098 0.934597
2015-04-13 0.098 0.935987
2015-03-12 0.098 0.935871
2015-02-12 0.098 0.950501
2015-01-13 0.098 0.966507
2014-12-17 0.098 0.980812
2014-11-18 0.098 0.987245
2014-10-16 0.098 0.984437
2014-09-11 0.097 1.021744
2014-08-13 0.097 1.025601
2014-07-11 0.097 1.047410
2014-06-12 0.096 1.018835
2014-05-13 0.096 1.018616
2014-04-11 0.096 1.072512
2014-03-12 0.096 1.082426
2014-02-12 0.096 1.100365
2014-01-13 0.096 1.126209
2013-12-12 0.444 5.705244
2013-11-13 0.096 1.249220
2013-10-10 0.096 1.211949
2013-09-12 0.096 1.227764
2013-08-13 0.096 1.232983
2013-07-11 0.096 1.119302
2013-06-12 0.096 1.115880
2013-05-13 0.096 0.992568
2013-04-11 0.096 0.999314
2013-03-13 0.096 0.999128
2013-02-13 0.096 0.989571
2013-01-11 0.096 0.958398
2012-12-12 0.295 2.958799
2012-11-13 0.096 0.981237
2012-10-11 0.096 1.013745
2012-09-12 0.096 1.038871
Additional Data
dividendRate 0.81
dividendYield 5.3
exDividendDate 2026-05-15
trailingAnnualDividendRate 0.72
trailingAnnualDividendYield 0.047213115
lastDividendValue 0.068
lastDividendDate 2026-04-15

Info Dump

Attribute Value
52 Week Change 0.084637284
Address1 51 Madison Avenue
All Time High 24.5
All Time Low 14.0
Ask 15.32
Ask Size 100
Average Daily Volume10 Day 68,790
Average Daily Volume3 Month 60,380
Average Volume 60,380
Average Volume10Days 68,790
Beta 0.602
Bid 15.21
Bid Size 600
Book Value 16.425
City New York
Country United States
Crypto Tradeable 0
Currency USD
Current Price 15.28
Current Ratio 2.145
Custom Price Alert Confidence HIGH
Date Short Interest 1,774,915,200
Day High 15.3131
Day Low 15.19
Debt To Equity 52.085
Dividend Rate 0.81
Dividend Yield 5.3
Earnings Growth 0.054
Earnings Quarterly Growth 0.054
Ebitda Margins 0.0
Eps Trailing Twelve Months 0.1
Esg Populated 0
Ex Dividend Date 1,778,803,200
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 15.263
Fifty Day Average Change 0.017000198
Fifty Day Average Change Percent 0.0011138177
Fifty Two Week Change Percent 8.463728
Fifty Two Week High 15.82
Fifty Two Week High Change -0.53999996
Fifty Two Week High Change Percent -0.034134004
Fifty Two Week Low 14.0
Fifty Two Week Low Change 1.2799997
Fifty Two Week Low Change Percent 0.091428556
Fifty Two Week Range 14.0 - 15.82
Financial Currency USD
First Trade Date Milliseconds 1,344,000,600,000
Five Year Avg Dividend Yield 5.12
Free Cashflow 2,031,841
Full Exchange Name NYSE
Gmt Off Set Milliseconds -14,400,000
Gross Margins 1.0
Gross Profits 22,832,006
Has Pre Post Market Data 1
Held Percent Insiders 0.0
Held Percent Institutions 0.73603
Implied Shares Outstanding 18,779,453
Industry Asset Management
Industry Disp Asset Management
Industry Key asset-management
Language en-US
Last Dividend Date 1,776,211,200
Last Dividend Value 0.068
Last Fiscal Year End 1,748,649,600
Long Business Summary 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.
Long Name NYLI MacKay DefinedTerm Muni Opportunities Fund
Market us_market
Market Cap 286,950,016
Market State CLOSED
Max Age 86,400
Message Board Id finmb_130696748
Most Recent Quarter 1,764,460,800
Name Change Date 2,026-04-16
Net Income To Common 1,865,629
Next Fiscal Year End 1,780,185,600
Non Diluted Market Cap 286,950,041
Open 15.26
Operating Cashflow -6,264,405
Operating Margins 0.85802
Payout Ratio 7.2
Phone 888 474 7725
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 15.28
Post Market Time 1,776,464,761
Prev Name MainStay MacKay DefinedTerm Municipal Opportunities Fund
Previous Close 15.25
Price Hint 2
Price To Book 0.9302892
Price To Sales Trailing12 Months 12.567884
Profit Margins 0.081709996
Quick Ratio 2.145
Quote Source Name Delayed Quote
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change 0.0299997
Regular Market Change Percent 0.19672
Regular Market Day High 15.3131
Regular Market Day Low 15.19
Regular Market Day Range 15.19 - 15.3131
Regular Market Open 15.26
Regular Market Previous Close 15.25
Regular Market Price 15.28
Regular Market Time 1,776,456,003
Regular Market Volume 31,214
Return On Assets 0.0248
Return On Equity 0.0059399996
Revenue Growth -0.15
Revenue Per Share 1.216
Sand P52 Week Change 0.36506534
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Shares Outstanding 18,779,453
Shares Percent Shares Out 0.001
Shares Short 28,048
Shares Short Previous Month Date 1,772,150,400
Shares Short Prior Month 27,441
Short Name MainStay MacKay DefinedTerm Mun
Short Ratio 0.45
Source Interval 15
State NY
Symbol MMD
Total Debt 160,660,000
Total Revenue 22,832,006
Tradeable 0
Trailing Annual Dividend Rate 0.72
Trailing Annual Dividend Yield 0.047213115
Trailing Eps 0.1
Trailing P E 152.79999
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 15.0376
Two Hundred Day Average Change 0.24240017
Two Hundred Day Average Change Percent 0.016119605
Type Disp Equity
Volume 31,214
Website https://www.nylinvestments.com/MainStayClosedEndFund
Zip 10,010