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MMD - Municipal CEF Sector Update
July, 09 2021 08:50 AM
MainStay MacKay DefinedTerm Municipal Opportunities Fund
The municipal sector has remained resilient this year despite a rise in Treasury yields. Sector fundamentals remain favorable with strong tax collections, fiscal support, and technical demand. Within the sector, we continue to focus on valuation, alpha, and fees due to a very low level of underlying yields. For further details see:
Municipal CEF Sector Update
Stock Information
Company Name:
MainStay MacKay DefinedTerm Municipal Opportunities Fund
Stock Symbol:
MMD
Market:
NYSE
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