Mainstay Definedterm Municipal Opptys Fd (NYSE:MMD)’s stock price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $0.00 and traded as high as $20.90. Mainstay Definedterm Municipal Opptys Fd shares last traded at $20.90, with a volume of 44 shares trading hands.
The firm’s 50 day simple moving average is $20.52.
The business also recently disclosed a monthly dividend, which was paid on Friday, May 31st. Stockholders of record on Wednesday, May 15th were paid a $0.085 dividend. The ex-dividend date was Tuesday, May 14th. This represents a $1.02 annualized dividend and a dividend yield of 4.89%.
About Mainstay Definedterm Municipal Opptys Fd (NYSE: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.
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