Mainstay Definedterm Financials
MMD Fund | USD 15.60 0.05 0.32% |
Mainstay |
Please note that past performance is not an indicator of the future performance of Mainstay Definedterm, its manager's success, or the effectiveness of its strategy. The performance results shown here may have been adversely or favorably impacted by events and economic conditions that may not prevail in the future.
Mainstay Definedterm Fund Summary
Mainstay Definedterm competes with Blackrock Muniholdings, DTF Tax, John Hancock, MFS Investment, and Invesco Municipal. MainStay DefinedTerm Municipal Opportunities Fund is a closed-ended fixed income mutual fund launched and managed by New York Life Investment Management LLC. The fund is co-managed by MacKay Shields LLC. It invests in the fixed income markets of the United States. The fund primarily invests in investment grade municipal bonds which are exempt from regular U.S. Federal income taxes. It benchmarks the performance of its portfolio against the Barclays Municipal Bond Index. MainStay DefinedTerm Municipal Opportunities Fund was formed on June 26, 2012 and is domiciled in the United States.Specialization | null, Muni National Long |
Instrument | USA Fund View All |
Exchange | New York Stock Exchange |
ISIN | US56064K1007 |
CUSIP | 56064K100 |
Location | New York; U.S.A |
Business Address | 51 Madison Avenue |
Fund Family | Financial Services |
Fund Category | Asset Management |
Benchmark | Dow Jones Industrial |
Website | www.nylinvestments.com/mainstayclosedendfund |
Phone | 212 576 7000 |
Currency | USD - US Dollar |
Mainstay Definedterm Key Financial Ratios
Mainstay Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Mainstay Definedterm's current stock value. Our valuation model uses many indicators to compare Mainstay Definedterm value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Mainstay Definedterm competition to find correlations between indicators driving Mainstay Definedterm's intrinsic value. More Info.Mainstay Definedterm Muncipal is regarded third largest fund in price to earning among similar funds. It is number one fund in price to book among similar funds fabricating about 0.06 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Mainstay Definedterm Muncipal is roughly 16.35 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Mainstay Definedterm by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Mainstay Definedterm Systematic Risk
Mainstay Definedterm's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Mainstay Definedterm volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Mainstay Definedterm correlated with the market. If Beta is less than 0 Mainstay Definedterm generally moves in the opposite direction as compared to the market. If Mainstay Definedterm Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Mainstay Definedterm is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Mainstay Definedterm is generally in the same direction as the market. If Beta > 1 Mainstay Definedterm moves generally in the same direction as, but more than the movement of the benchmark.
Mainstay Definedterm February 25, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Mainstay Definedterm help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Mainstay Definedterm Muncipal. We use our internally-developed statistical techniques to arrive at the intrinsic value of Mainstay Definedterm Muncipal based on widely used predictive technical indicators. In general, we focus on analyzing Mainstay Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Mainstay Definedterm's daily price indicators and compare them against related drivers.
Information Ratio | (0.05) | |||
Maximum Drawdown | 3.69 | |||
Value At Risk | (1.75) | |||
Potential Upside | 1.49 |
Other Information on Investing in Mainstay Fund
Mainstay Definedterm financial ratios help investors to determine whether Mainstay Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Mainstay with respect to the benefits of owning Mainstay Definedterm security.
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