MainStay MacKay DefinedTerm Municipal Opportunities Fund is a CEF focused on generating current income from investment grade municipal bonds. MMD has a conservative management team and a history of ...

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NYLIM MacKay DefinedTerm Muni Opport Fd (MMD) dividend summary: yield, payout, growth, announce date, ex-dividend date, payout date and Seeking Alpha Premium dividend score.

A municipal bond’s embedded call option allows the issuer of the bond to “call” (i.e., pay back) the debt at a date prior to the bond’s final maturity, which allows the issuer to reduce the cost of ...