NYLI MacKay DefinedTerm Muni Opportunities Fund Shs of Beneficial Interest (MMD) Research
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.S. debt markets, specifically focusing on high-quality municipal bonds that offer exemption from ordinary U.S. federal income taxation. Its performance is gauged against the Barclays Municipal Bond Index. This fund was initiated on June 26, 2012, and is domiciled within the United States.
Market snapshot
- Symbol
- MMD
- Price
- $15.32
- Day change
- -0.13%
- Market cap
- $287.7M
- P/E ratio
- 154.21x
- 52-week range
- 14.39-15.82
- Sector
- Financial Services
- Industry
- Asset Management
Peer companies
- Morgan Stanley China A Share Fund, Inc. (CAF)
- DoubleLine Opportunistic Credit Fund (DBL)
- BNY Mellon Strategic Municipal Bond Fund, Inc. (DSM)
- Nuveen Small Cap Value Fund (FSCCX)
- Japan Smaller Capitalization Fund, Inc. (JOF)
- BlackRock MuniHoldings New York Quality Fund, Inc. (MHN)
- The Mexico Fund, Inc. (MXF)
- Nuveen California Municipal Value Fund (NCA)
Recent insider activity
- Jivraj Adeel — trade (0 shares) on 2026-01-01
- Lynch Stephanie — trade (0 shares) on 2026-01-01
- DIMELLA ROBERT A — S-Sale (0.7151 shares) on 2025-11-25
- DIMELLA ROBERT A — S-Sale (11964.7151 shares) on 2025-11-20
- Dowden David — P-Purchase (3300 shares) on 2025-01-17
Open NYLI MacKay DefinedTerm Muni Opportunities Fund Shs of Beneficial Interest (MMD) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.