NYLI MacKay DefinedTerm Muni Opportunities Fund
MMDFinancial ServicesNASDAQAsset Management · Last scanned Sep 8, 2026
Scan Results
Daily timeframeMainStay DefinedTerm Municipal Opportunities Fund is a closed-ended fixed income mutual fund launched and managed by New York Life Investment Management LLC. The fund is co-managed by MacKay Shields LLC.
Market Cap
—
Beta
0.58
P/E (TTM)
10.60
P/E (Fwd)
—
EPS (TTM)
$1.39
EPS (Fwd)
—
ROE
8.6%
ROA
2.6%
Cash
—
Total Debt
$174.2M
Free CF
$6.1M
52W Change
-3.6%
Annual Financials
Cash vs Debt
Where MMD stands vs its 150-day and 200-day moving averages
As of the September 3, 2026 close, MMD finished 1.34% below its 150-day moving average ($14.98) and 0.47% below its 200-day moving average ($14.85). This snapshot is end-of-day data shown with a five-trading-day delay on the free plan; Premium members see readings from the latest close.
Is MMD overbought or oversold?
At the September 3, 2026 close, MMD's RSI(14) was 36.6, in neutral territory (between 30 and 70). The MACD histogram was negative, so short-term momentum leaned bearish at that close. These readings are historical, refresh daily after market close, and are not investment advice.
NYLI MacKay DefinedTerm Muni Opportunities Fund carries $174.2M in total debt, a figure that investors should evaluate relative to the company's earnings power. The company generates $6.1M in free cash flow annually, which funds everything from R&D to shareholder returns without needing external financing. ROE of 8.6% points to decent capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. ROA of 2.6% is on the lower side, which is common in asset-heavy industries. Revenue has grown from -$8.0M (2023) to $26.3M (2026), reflecting a 429% increase over the period.
The relatively low beta of 0.58 suggests MMD is a less volatile holding compared to the broader index. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing MMD.