MMD

NYSEMunicipal Bonds Municipal

NYLIM MacKay DefinedTerm Muni Opportunities Fund

Sponsor: NYLIM · Inception Jun 26, 2012 · Pays monthly

Market priceShare price

$13.80

+0.22% (+$0.03)

NAVAsset value per share

$15.09

as of Oct 14, 2026 · Nasdaq NAV symbol

Premium / discountPrice vs. assets

8.75% discount *

Indicative: latest price vs latest reported NAV

Distribution rate (price)Payout rate

5.88%

regular, annualised · on NAV 5.37%

Expense ratioAnnual cost

Not reported

no tagged fee table

LeverageBorrowing

Not reported

senior securities not tagged

Quote status: 15-minute delayed · last trade Oct 16, 2026, 10:42 AM EDT (exchange time, ET) · retrieved Oct 16, 2026, 10:45 AM EDTRegular-session prices; extended-hours quotes are not displayed.

From the wire

News mentioning MMD

3 headlines

Municipal Bonds

MainStay MacKay DefinedTerm Municipal Opportunities Fund (NYSE:MMD) Stock Crosses Below 200-Day Moving Average – Here’s Why

MainStay MacKay DefinedTerm Municipal Opportunities Fund (NYSE: MMD - Get Free Report)'s stock price crossed below its two hundred day moving average during trading on Monday. The stock has a two hundred day moving average of $15.25 and traded as low as $14.87. MainStay MacKay De

Defense World · Aug 4 · 03:41 UTC ↗

MMD · Municipal Bonds

NYLIM MacKay DefinedTerm Muni Opportunities Fund Declares Monthly Dividend Distributions for the Months of October, November, and December 2026

GuruFocus · Oct 1 · 10:00 UTC ↗ · MMD · Municipal Bonds

NYLI MacKay DefinedTerm Muni Opportunities Fund Declares Monthly Dividend Distributions for the Months of July, August, and September 2026

Business Wire · Jul 1 · 09:00 UTC ↗ · MMD · Municipal Bonds

Headlines link to the original publisher; the publisher’s own image is shown where the feed supplies one. Syndicated duplicates are collapsed. Activist or governance items are shown as filed positions or proposals, not as inferred intent.

Data briefs for MMD

Generated from this site’s own record of the fund: distributions, filings, portfolio reports and valuation against its own history. Labelled as ours, separate from external news.

MMD trades 1.7σ below its own 1-year average

The closing price against NAV puts MMD at a 9.5% discount, versus a 1-year average of a 7.5% discount. The Z-score says how unusual that is for this fund alone; it is not a valuation call, and discounts can stay wide.

CEF Explorer Data Desk · Oct 14, 2026 · Valuation

MMD files N-PORT for May 31, 2026: 93 positions

Full portfolio as of month-end May 31, 2026, made public Jul 24, 2026. Weights are percent of net assets; compare with the prior report on the Holdings tab.

CEF Explorer Data Desk · Jul 24, 2026 · Holdings

Source filings

Current report: NYLI MACKAY DEFINEDTERM MUNICIPAL OPPORTUNITIES FUND · Dec 9, 2024
Tender offer amendment filed · Nov 19, 2024
Tender offer amendment filed · Nov 15, 2024
Issuer tender offer filed · Oct 17, 2024
Current report: MAINSTAY MACKAY DEFINEDTERM MUNICIPAL OPPORTUNITIES FUND · Jul 25, 2024

Distribution record

Every payment on record, the regular rate, and what reinvesting buys at today's discount.

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Price vs. NAV

The full premium/discount history and where today sits against it.

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CEF Explorer research page for NYLIM MacKay DefinedTerm Muni Opportunities Fund. Figures carry their own dates and sources; a discount to NAV does not guarantee convergence or any return. This is not investment advice.