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MMD Stock Price, Chart, Stats & News

NYLI MacKay DefinedTerm Muni Opportunities Fund Shs of Beneficial Interest
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NYLI MacKay DefinedTerm Muni Opportunities Fund Shs of Beneficial Interest (MMD) is a dividend-paying stock with a current dividend yield of 4.87% as of Jun 29, 2026. It pays $0.7575 per share over the trailing twelve months and distributes monthly. Its dividend has grown at a -7.46% 5-year compound annual rate.

292.02M
Market cap
7.66x
Current P/E
Forward P/E
4.87%
Dividend yield

Dividend safety

Strong

Dividend coverage looks healthy — MMD pays out about 37% of earnings.

See the safety analysis

MMD chart

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3M
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5Y
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Fundamentals

Gross margin
-19.05%
Operating margin
57.26%
Pretax margin
9.21%
Net margin
9.21%
Effective tax rate
ROA
0.39%
ROE
0.62%
D/E
0.52x
Interest coverage ratio
2.05x

MMD valuation

P/E
7.66x
P/S
13.51x
P/B
0.89x
P/CF
-13.68x
P/FCF
-13.68x
P/OCF
-13.68x
PEG
1.07x
EV multiple
15.23x

About

The MainStay DefinedTerm Municipal Opportunities Fund operates as a specialized closed-end investment vehicle, concentrating on fixed income securities. It is established and overseen by New York Life Investment Management LLC, with MacKay Shields LLC sharing co-management responsibilities. The fund primarily directs its capital toward U.

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