Mainstay Definedterm Municipal Opptys Fd (NYSE:MMD)’s stock price passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $21.78 and traded as low as $21.41. Mainstay Definedterm Municipal Opptys Fd shares last traded at $21.42, with a volume of 179,665 shares.
The company has a 50-day simple moving average of $21.79 and a two-hundred day simple moving average of $21.10.
The business also recently declared a monthly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Monday, March 16th will be given a dividend of $0.085 per share. This represents a $1.02 annualized dividend and a dividend yield of 4.76%. The ex-dividend date of this dividend is Friday, March 13th.
Mainstay Definedterm Municipal Opptys Fd Company Profile (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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