No headlines found.
Business Wire (Fri, 2-Jan 9:00 AM ET)
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 purpose of the Federal alternative minimum tax). Total return is a secondary objective.
Mainstay Mackay Definedterm Muni Opportunities trades on the NYSE stock market under the symbol MMD.
As of March 18, 2026, MMD stock price climbed to $15.15 with 23,844 million shares trading.
MMD has a beta of 0.10, meaning it tends to be less sensitive to market movements. MMD has a correlation of 0.03 to the broad based SPY ETF.
MMD has a market cap of $284.51 million. This is considered a Small Cap stock.
In the last 3 years, MMD traded as high as $17.67 and as low as $14.00.
MMD has underperformed the market in the last year with a price return of +6.0% while the SPY ETF gained +18.8%. However, in the short term, MMD had mixed performance relative to the market. It has outperformed in the last 3 months, returning +3.3% vs -0.5% return in SPY. But in the last 2 weeks, MMD shares have been beat by the market, returning -3.2% compared to an SPY return of -2.1%.
MMD support price is $14.94 and resistance is $15.27 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that MMD shares will trade within this expected range on the day.
