News headlines about Mainstay Definedterm Municipal Opptys Fd (NYSE:MMD) have been trending somewhat positive on Friday, Accern Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Mainstay Definedterm Municipal Opptys Fd earned a news impact score of 0.22 on Accern’s scale. Accern also gave media stories about the closed-end fund an impact score of 48.2896586364575 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Mainstay Definedterm Municipal Opptys Fd traded up $0.04, hitting $19.62, during trading hours on Friday, Marketbeat Ratings reports. 21,200 shares of the company were exchanged, compared to its average volume of 58,322. Mainstay Definedterm Municipal Opptys Fd has a one year low of $18.54 and a one year high of $20.49.
The business also recently announced a monthly dividend, which will be paid on Friday, August 31st. Investors of record on Wednesday, August 15th will be given a dividend of $0.085 per share. This represents a $1.02 annualized dividend and a yield of 5.20%. The ex-dividend date of this dividend is Tuesday, August 14th.
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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