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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 13, 2026, MMD stock price climbed to $15.24 with 29,560 million shares trading.
MMD has a beta of 0.14, meaning it tends to be less sensitive to market movements. MMD has a correlation of 0.06 to the broad based SPY ETF.
MMD has a market cap of $286.20 million. This is considered a Small Cap stock.
In the last 3 years, MMD traded as high as $18.09 and as low as $14.00.
MMD has underperformed the market in the last year with a return of +6.0%, while SPY returned +21.4%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in MMD shares. However, MMD has outperformed the market in the last 3 month and 2 week periods, returning +3.8% and -2.3%, while SPY returned -2.6% and -3.5%, respectively. This indicates MMD has been having a stronger performance recently.
MMD support price is $15.04 and resistance is $15.38 (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.