NYLI MacKay DefinedTerm Muni Opportunities Fund Shs of Beneficial Interest

NYLI MacKay DefinedTerm Muni Opportunities Fund Shs of Beneficial Interestverified

MMD

Price:

$14.93

Market Cap:

$280.38M

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.

Industry

Asset Management

IPO Date

2012-08-03

Stock Exchange

NYSE

Ticker

MMD

The Dividend Yield as of December 2025 (TTM) for NYLI MacKay DefinedTerm Muni Opportunities Fund Shs of Beneficial Interest (MMD) is 4.82%

According to NYLI MacKay DefinedTerm Muni Opportunities Fund Shs of Beneficial Interest’s latest financial reports and current stock price. The company's current Dividend Yield is 4.82%. This represents a change of 179.42% compared to the average of 1.73% of the last 4 quarters.

NYLI MacKay DefinedTerm Muni Opportunities Fund Shs of Beneficial Interest (MMD) Historical Dividend Yield (quarterly & annually)

How has MMD Dividend Yield performed in the past?

The mean historical Dividend Yield of NYLI MacKay DefinedTerm Muni Opportunities Fund Shs of Beneficial Interest over the last ten years is 5.11%. The current 4.82% Dividend Yield has changed -5.70% with respect to the historical average. Over the past ten years (40 quarters), MMD's Dividend Yield was at its highest in in the May 2014 quarter at 5.15%. The Dividend Yield was at its lowest in in the May 2025 quarter at 0%.

Quarterly (TTM)
Annual

Average

5.11%

Median

5.21%

Minimum

3.73%

Maximum

5.98%

NYLI MacKay DefinedTerm Muni Opportunities Fund Shs of Beneficial Interest (MMD) Dividend Yield by Quarter and Year

Discovering the peaks and valleys of NYLI MacKay DefinedTerm Muni Opportunities Fund Shs of Beneficial Interest Dividend Yield, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 19.23%

Maximum Annual Dividend Yield = 5.98%

Minimum Annual Increase = -20.93%

Minimum Annual Dividend Yield = 3.73%

Quarterly (TTM)
Annual
YearDividend YieldChange
20253.73%-20.93%
20244.72%-18.51%
20235.79%6.93%
20225.42%19.23%
20214.54%-7.44%
20204.91%-1.79%
20195.00%-10.33%
20185.58%2.06%
20175.46%-8.61%
20165.98%-6.17%

NYLI MacKay DefinedTerm Muni Opportunities Fund Shs of Beneficial Interest (MMD) Average Dividend Yield

How has MMD Dividend Yield performed in the past?

The current Dividend Yield of NYLI MacKay DefinedTerm Muni Opportunities Fund Shs of Beneficial Interest (MMD) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

4.75%

5-year avg

4.84%

10-year avg

5.11%

NYLI MacKay DefinedTerm Muni Opportunities Fund Shs of Beneficial Interest (MMD) Dividend Yield vs. Peers

How is MMD’s Dividend Yield compared to its peers?

NYLI MacKay DefinedTerm Muni Opportunities Fund Shs of Beneficial Interest’s Dividend Yield is less than Nuveen California Municipal Value Fund (3.95%), less than Templeton Dragon Fund, Inc. (2.66%), less than BNY Mellon Strategic Municipal Bond Fund, Inc. (4.19%), less than Japan Smaller Capitalization Fund, Inc. (7.16%), less than Nuveen Small Cap Value Fund (1.43%), less than DoubleLine Opportunistic Credit Fund (8.61%), less than BlackRock MuniHoldings New York Quality Fund, Inc. (6.01%), less than The Mexico Fund, Inc. (4.68%), greater than Morgan Stanley China A Share Fund, Inc. (0%), less than SA International Small Company Fund (2.22%),

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