MainStay DefinedTerm Municipal Opportunities Fund Overview

  • Status
  • Public
  • Stock Symbol
  • MMD
Stock Symbol
  • Share Price
  • $21.47
  • (As of Friday Closing)

MainStay DefinedTerm Municipal Opportunities Fund General Information

Description

MainStay MacKay DefinedTerm Municipal Opportunities Fund is a US-based diversified closed-end management investment company. The fund's investment objective is to seek current income exempt from regular U.S. Federal income taxes as well as total return. It focuses on investing in municipal bonds which is of longer-maturity and medium- to lower-quality from certain cities, states, territories or regions. The company may also invest in TOB (Tender Option Bonds) Floaters and TOB Residuals issued by the TOB Issuer. It evaluates its performance against Barclays Municipal Bond Index. The revenue generated by the company mainly consists of interest and dividend received from investments made.

Contact Information

Ownership Status
Publicly Held
Financing Status
Corporation
Primary Industry
Other Financial Services
Stock Exchange
NYS
Primary Office
  • 51 Madison Avenue
  • New York, NY 10010
  • United States
+1 (212) 000-0000
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MainStay DefinedTerm Municipal Opportunities Fund Stock Performance

(As of Friday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$21.47 $21.29 $15.20 - $22.89 $593M 27.6M 31.5K $0.40

MainStay DefinedTerm Municipal Opportunities Fund Financials Summary

In Thousands,
USD
TTM 31-May-2020 FY 2020 31-May-2020 FY 2019 31-May-2019 FY 2018 31-May-2018
EV 648,146 648,146 632,245 579,690
Revenue 24,185 24,185 50,060 40,549
Net Income 11,099 11,099 36,386 28,875
Total Assets 915,019 915,019 895,660 868,552
Total Debt 0 0 0 0
Public Fundamental Data provided by Morningstar, Inc. disclaimer

MainStay DefinedTerm Municipal Opportunities Fund Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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MainStay DefinedTerm Municipal Opportunities Fund Executive Team (7)

Name Title Board Seat Contact Info
Jack Benintende Chief Financial Officer, Finance & Chief Accounting Officer, Accounting
J. Kevin Gao Secretary & Chief Legal Officer
Alan Latshaw Trustee
Richard Trutanic Trustee
Jacques Perold Trustee
You’re viewing 5 of 7 executive team members. Get the full list »