Mainstay Definedterm Municipal Opptys Fd (MMD) Receiving Somewhat Positive Media Coverage, Study Finds

News coverage about Mainstay Definedterm Municipal Opptys Fd (NYSE:MMD) has been trending somewhat positive on Wednesday, Accern reports. The research group identifies positive and negative media coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Mainstay Definedterm Municipal Opptys Fd earned a media sentiment score of 0.18 on Accern’s scale. Accern also assigned news stories about the closed-end fund an impact score of 44.5424389585515 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

Mainstay Definedterm Municipal Opptys Fd (NYSE MMD) opened at $19.76 on Wednesday. Mainstay Definedterm Municipal Opptys Fd has a fifty-two week low of $18.18 and a fifty-two week high of $20.49.

The company also recently declared a monthly dividend, which was paid on Thursday, November 30th. Shareholders of record on Wednesday, November 15th were issued a dividend of $0.09 per share. The ex-dividend date of this dividend was Tuesday, November 14th. This represents a $1.08 annualized dividend and a yield of 5.47%.

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Mainstay Definedterm Municipal Opptys Fd Company Profile

Mainstay Definedterm Municipal Opportunities Fund (the Fund) is a diversified, closed-end management investment company. The Fund’s primary investment objective is to seek current income exempt from regular the United States Federal income taxes (but which may be includable in taxable income for purpose of the Federal alternative minimum tax).

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