MainStay MacKay DefinedTerm Municipal Opportunities Fund (MMD)
16.13
0.00 (0.00%)
USD |
NYSE |
Apr 24, 16:00
16.11
-0.02
(-0.12%)
Pre-Market: 20:00
Price Chart
Key Stats
Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
---|---|---|---|
2.89% | -3.82% | 468.33M | 66596.37 |
Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
4.84% | 42.00% | -19.77M | Upgrade |
Basic Info
Investment Strategy | |
The Fund’s primary investment objective is to seek current income exempt from regular U.S. Federal income taxes (but which may be includable in taxable income for purposes of the Federal alternative minimum tax). Total return is a secondary objective.The Fund seeks to achieve its investment objectives by investing, under normal market conditions, at least 80% of its Managed Assets in municipal bonds, the interest on which is, in the opinion of bond counsel to the issuers, generally excludable from gross income for regular U.S. Federal income tax purposes. |
General | |
Security Type | Closed-End Fund |
Equity Style | -- |
Fixed Income Style | -- |
Broad Asset Class | Municipal Bond |
Broad Category | Fixed Income |
Category Name | Muni National Long |
Category Index | Bloomberg Municipal TR USD |
Global Category Name | US Municipal Fixed Income |
YCharts Categorization | US Municipal Bond |
YCharts Benchmark | Bloomberg Municipal Bond (^BBMBTR) |
Prospectus Objective | Income |
Fund Owner Firm Name | New York Life Investment Management LLC |
Prospectus Benchmark Index | |
Bloomberg Municipal Bond 3+ Yr TR USD | 100.0% |
Broad Asset Class Benchmark Index | |
^BBMBTR | 100.0% |
Manager Tenure | |
David Dowden | 11.77 yrs |
John Loffredo | 11.77 yrs |
Michael Petty | 11.77 yrs |
Robert DiMella | 11.77 yrs |
Scott Sprauer | 11.77 yrs |
John Lawlor | 0.84 yrs |
Michael Denlinger | 0.84 yrs |
Performance Versus Category
As of April 24, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of April 24, 2024.
Basic Info
Investment Strategy | |
The Fund’s primary investment objective is to seek current income exempt from regular U.S. Federal income taxes (but which may be includable in taxable income for purposes of the Federal alternative minimum tax). Total return is a secondary objective.The Fund seeks to achieve its investment objectives by investing, under normal market conditions, at least 80% of its Managed Assets in municipal bonds, the interest on which is, in the opinion of bond counsel to the issuers, generally excludable from gross income for regular U.S. Federal income tax purposes. |
General | |
Security Type | Closed-End Fund |
Equity Style | -- |
Fixed Income Style | -- |
Broad Asset Class | Municipal Bond |
Broad Category | Fixed Income |
Category Name | Muni National Long |
Category Index | Bloomberg Municipal TR USD |
Global Category Name | US Municipal Fixed Income |
YCharts Categorization | US Municipal Bond |
YCharts Benchmark | Bloomberg Municipal Bond (^BBMBTR) |
Prospectus Objective | Income |
Fund Owner Firm Name | New York Life Investment Management LLC |
Prospectus Benchmark Index | |
Bloomberg Municipal Bond 3+ Yr TR USD | 100.0% |
Broad Asset Class Benchmark Index | |
^BBMBTR | 100.0% |
Manager Tenure | |
David Dowden | 11.77 yrs |
John Loffredo | 11.77 yrs |
Michael Petty | 11.77 yrs |
Robert DiMella | 11.77 yrs |
Scott Sprauer | 11.77 yrs |
John Lawlor | 0.84 yrs |
Michael Denlinger | 0.84 yrs |