MMD Price Forecast & CEF Analysis. Distribution · NAV · Discount · Expense Ratio · RSI · MACD | US Stocks Today
Nov 6 at 4:00 PM ET (Korea 11/7 06:00)
Full metrics table
NYLI 맥케이 디파인드텀 뮤니 오퍼튜니티 펀드MMD | NYSE | Bond fund 🏛️ This is a closed-end fund (CEF) managed by the municipal bond team of McKay Shields, an affiliate of New York Life. It aims for municipal bond income exempt from federal income tax and pays monthly distributions. It is characterized by a structure with a fixed term of existence.
It runs 37% of assets on borrowed money.
Borrowing to buy more lifts gains and deepens losses. This is not the same as an ETF tracking 3x a day.
Against the value of what the fund holds you are paying 10.5% less.
Its holdings are worth $15.81 per share, but it trades at $14.15. That is close to its past-year average (7.5% below value).
Over the past 1 year, roughly in the middle
10% below its 1-year high.
Traded less than usual. That is 79% of its average volume.
Ex-dividend date: November 16
9 days to go. Buy before this date to receive the dividend.
Holding long would have lost money
Bought 5 years ago, your return today would be -33.3%. The S&P 500 did +57% over the same period.
Tap to view numbers
Dividends are paid consistently
Pays 5.54% annually in dividends.
Tap to view numbers
Ownership looks stable
Institutions hold 114.7%.
Tap to view numbers
Multiple ETFs hold this stock, but only a sliver
Buying this ETF gives you exposure to this stock as well.
RTAI Rareview Tax Advantaged Income ETF 0.03% It ranks #957 of 1436 in the industry
Based on market cap of $268M.
WNEB#952 Western New England Bancorp Inc $271M PER 13.8 
HWBK#954 Hawthorn Bancshares Inc $270M PER 10.3 
FBLA#956 FB Bancorp Inc $269M PER - MMD#957 NYLIM MacKay DefinedTerm Muni Opportunities Fund $268M PER - 
HRZN#959 Horizon Technology Finance Corp $265M PER - 
FAQ
What kind of CEF is MMD?
MMD is a closed-end fund (CEF).
What is the distribution yield of MMD?
MMD's distribution yield is approximately 5.54%, paid out on a regular basis.
What is the 52-week high and low for MMD?
MMD has recorded a 52-week high of $15.82 and a low of $13.24.
