MMD is MainStay MacKay DefinedTerm Mun (Financial Services). Trading at $15.06. Current dividend yield: 5.38%.
Dividend snapshot
| Annual dividend rate | $0.81 |
| Current yield | 5.38% |
| Payment frequency | Monthly |
| Next ex-dividend date | Jun 15, 2026 |
| Most recent payment date | Jun 01, 2026 |
| Last payment amount | $0.0675 |
| 5-year dividend CAGR | -6.73% |
| 3-year dividend CAGR | -10.96% |
| Payout ratio | 720% |
| Market cap | $283M |
| Exchange | NYQ |
Recent dividend payments
| Date | Amount / share |
|---|---|
| 2026-05-15 | $0.0680 |
| 2026-04-15 | $0.0680 |
| 2026-03-16 | $0.0650 |
| 2026-02-13 | $0.0650 |
| 2026-01-15 | $0.0650 |
| 2025-12-15 | $0.0600 |
| 2025-11-14 | $0.0600 |
| 2025-10-15 | $0.0600 |
About MMD
MainStay 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. It invests in the fixed income markets of the United States. The fund primarily invests in investment grade municipal bonds which are exempt from regular U.S. Federal income taxes. It benchmarks the performance of its portfolio against the Barclays Municipal Bond Index. MainStay DefinedTerm Municipal Opportunities Fund was formed on June 26, 2012 and is domiciled in the United States.
Track MMD in DiviDrip
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Data refreshed 2026-05-25. Not investment advice. Yields and prices change continuously; always verify the latest numbers in the live app before buying.