MMD

MainStay MacKay DefinedTerm Municipal Opportunities Fund
MMD

$16.83
0.18%

Market Cap: $470M

 

About: MainStay MacKay DefinedTerm Municipal Opportunities Fund is a USA-based diversified closed-end management investment company. The fund's investment objective is to seek current income exempt from regular U.S. Federal income taxes as well as total return. The company may also invest in TOB (Tender Option Bonds) Floaters and TOB Residuals issued by the TOB Issuer. It evaluates its performance against Barclays Municipal Bond Index.

0
Funds holding %
of 6,728 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

4% more repeat investments, than reductions

Existing positions increased: 25 | Existing positions reduced: 24

0% less capital invested

Capital invested by funds: $125M [Q1] → $124M (-$314K) [Q2]

0.44% less ownership

Funds ownership: 27.27% [Q1] → 26.83% (-0.44%) [Q2]

8% less funds holding

Funds holding: 73 [Q1] → 67 (-6) [Q2]

67% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 9

Research analyst outlook

We haven’t received any recent analyst ratings for MMD.

Financial journalist opinion