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MMD - CEF Weekly Review: Revisiting CEF Vs. ETF Performance
May, 07 2022 02:08 AM
MainStay MacKay DefinedTerm Municipal Opportunities Fund
We review CEF market valuation and performance through the last week of April and highlight recent market action. April was the worst month for the CEF space since March of 2020 driven primarily by lower NAVs. We take a look at the performance of CEFs relative to open-end funds over a couple of different periods. And highlight individual commentary on RIV, PTY, MMD and others. For further details see:
CEF Weekly Review: Revisiting CEF Vs. ETF Performance
Stock Information
Company Name:
MainStay MacKay DefinedTerm Municipal Opportunities Fund
Stock Symbol:
MMD
Market:
NYSE
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