MainStay DefinedTerm Municipal Opportunities Fund Overview

  • Status
  • Public
  • Stock Symbol
  • MMD
Stock Symbol
  • Share Price
  • $16.94
  • (As of Wednesday 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 Wednesday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$16.94 $17.11 $16.88 - $23.15 $476M 27.8M 92.1K $1.29

MainStay DefinedTerm Municipal Opportunities Fund Financials Summary

In Thousands,
USD
TTM 30-Nov-2021 FY 2021 31-May-2021 FY 2020 31-May-2020 FY 2019 31-May-2019
EV 919,670 994,901 906,621 877,920
Revenue 44,431 78,541 24,185 50,060
Net Income 35,677 69,139 11,099 36,386
Total Assets 908,770 928,067 915,019 895,660
Total Debt 323,005 335,925 292,350 258,475
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 (8)

Name Title Board Seat Contact Info
J. Kevin Gao Secretary & Chief Legal Officer
Jack Benintende Chief Financial Officer, Finance & Chief Accounting Officer, Accounting
Alan Latshaw Trustee
Jacques Perold Trustee
Richard Trutanic Trustee
You’re viewing 5 of 8 executive team members. Get the full list »