Mainstay Definedterm Municipal Opptys Fd (MMD) Earning Positive Press Coverage, Accern Reports

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Media headlines about Mainstay Definedterm Municipal Opptys Fd (NYSE:MMD) have trended positive on Monday, Accern reports. The research group identifies negative and positive media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Mainstay Definedterm Municipal Opptys Fd earned a coverage optimism score of 0.36 on Accern’s scale. Accern also assigned media stories about the closed-end fund an impact score of 46.2428101081009 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

Shares of Mainstay Definedterm Municipal Opptys Fd stock traded up $0.02 on Monday, reaching $19.51. The stock had a trading volume of 24,633 shares, compared to its average volume of 59,629. Mainstay Definedterm Municipal Opptys Fd has a 1 year low of $18.54 and a 1 year high of $20.49.

The company also recently disclosed a monthly dividend, which was paid on Thursday, May 31st. Stockholders of record on Tuesday, May 15th were given a $0.09 dividend. This represents a $1.08 dividend on an annualized basis and a dividend yield of 5.54%. The ex-dividend date was Monday, May 14th.

About Mainstay Definedterm Municipal Opptys Fd

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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