MMD - NYLI MacKay DefinedTerm Muni Opportunities Fund Shs of Beneficial Interest
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.
- Sector
- Financial Services
- Industry
- Asset Management
- Market Cap
- $288.8M
- P/E Ratio
- 154.81
- Beta
- 0.58
- 52-Week Range
- 14.37-15.82
- Dividend Yield
- $0.75
- IPO Date
- Aug 3, 2012
- Exchange
- NYSE
Frequently asked MMD overview questions
- What is MMD?
- MMD is the ticker symbol for NYLI MacKay DefinedTerm Muni Opportunities Fund Shs of Beneficial Interest, a listed mutual fund. 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. Listed on NYSE. MMD is the equity ticker shown on this page; equity options traders use the security for directional, volatility, and income strategies via the listed options chain.
- What are MMD's key statistics?
- NYLI MacKay DefinedTerm Muni Opportunities Fund Shs of Beneficial Interest (MMD) carries a market capitalization of $288.8M, 52-week range of 14.37-15.82. Daily price and reference data are accessible from the chart view; these structural inputs frame how downstream analytics (volatility, term structure, derived metrics) interpret the underlying instrument.
- What sector or industry does MMD belong to?
- NYLI MacKay DefinedTerm Muni Opportunities Fund Shs of Beneficial Interest operates in the Financial Services sector, in the Asset Management industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare MMD's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
- How current is the MMD data on this page?
- Options snapshots refresh after each trading session; if no snapshot is currently posted for MMD, it usually reflects low options liquidity or a recently listed name. Fund-level fields refresh from the vendor feed nightly. Registered investment-company filings (N-CSR, N-PX, N-CEN) update on the SEC EDGAR cadence; daily NAV is published by the sponsor after the close.