MMD
Price:
$14.89
Market Cap:
$279.63M
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
According to NYLI MacKay DefinedTerm Muni Opportunities Fund Shs of Beneficial Interest’s latest financial reports and current stock price. The company's current ROE is 8.51%. This represents a change of 299.86% compared to the average of 2.13% of the last 4 quarters.
The mean historical ROE of NYLI MacKay DefinedTerm Muni Opportunities Fund Shs of Beneficial Interest over the last ten years is 3.37%. The current 8.51% ROE has changed 152.75% with respect to the historical average. Over the past ten years (40 quarters), MMD's ROE was at its highest in in the May 2017 quarter at 18.34%. The ROE was at its lowest in in the November 2016 quarter at -20.88%.
Average
3.37%
Median
3.32%
Minimum
-10.81%
Maximum
13.93%
Discovering the peaks and valleys of NYLI MacKay DefinedTerm Muni Opportunities Fund Shs of Beneficial Interest ROE, 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 = 477.68%
Maximum Annual ROE = 13.93%
Minimum Annual Increase = -254.17%
Minimum Annual ROE = -10.81%
| Year | ROE | Change |
|---|---|---|
| 2025 | 0.29% | -89.29% |
| 2024 | 2.72% | -254.17% |
| 2023 | -1.76% | -83.68% |
| 2022 | -10.81% | -192.39% |
| 2021 | 11.71% | 477.68% |
| 2020 | 2.03% | -68.64% |
| 2019 | 6.46% | 24.05% |
| 2018 | 5.21% | 32.91% |
| 2017 | 3.92% | -71.86% |
| 2016 | 13.93% | 83.98% |
The current ROE 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
0.42%
5-year avg
0.43%
10-year avg
3.37%
NYLI MacKay DefinedTerm Muni Opportunities Fund Shs of Beneficial Interest’s ROE is greater than Nuveen California Municipal Value Fund (-2.36%), less than Templeton Dragon Fund, Inc. (22.66%), greater than BNY Mellon Strategic Municipal Bond Fund, Inc. (-2.54%), less than Japan Smaller Capitalization Fund, Inc. (2.77%), greater than Nuveen Small Cap Value Fund (0%), less than DoubleLine Opportunistic Credit Fund (6.95%), greater than BlackRock MuniHoldings New York Quality Fund, Inc. (-8.19%), greater than The Mexico Fund, Inc. (-13.08%), less than Morgan Stanley China A Share Fund, Inc. (12.62%), less than SA International Small Company Fund (0%),
| Company | ROE | Market cap |
|---|---|---|
| -2.36% | $291.68M | |
| 22.66% | $285.49M | |
| -2.54% | $296.13M | |
| 2.77% | $306.01M | |
| 0% | $270.39M | |
| 6.95% | $279.64M | |
| -8.19% | $310.58M | |
| -13.08% | $291.24M | |
| 12.62% | $290.32M | |
| 0% | $278.52M |
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What is the 5-year average ROE for NYLI MacKay DefinedTerm Muni Opportunities Fund Shs of Beneficial Interest (MMD)?
How does the current ROE for NYLI MacKay DefinedTerm Muni Opportunities Fund Shs of Beneficial Interest (MMD) compare to its historical average?