Preferred Stock Channel
Quotes delayed 20 minutes
Free Preferred Stock Newsletter
Gain access to weekly reports with featured preferred stock screens, new preferred stock offerings, and more.

Slideshow Preferred Stock Offerings

By Preferred Stock Channel Staff, updated Friday, January 17, 7:37 AM

Slide #445. MainStay DefinedTerm Municipal Opportunities Fund Preferred Stock Offering

Company: MainStay DefinedTerm Municipal Opportunities Fund (NYSE:MMD)
$Amount Offered: $70,000,000
Date of Pricing: 10/5/2012
Preferred Stock Offering Details: MainStay DefinedTerm Municipal Opportunities Fund announced that it successfully priced and placed two series of privately offered Fixed Rate Municipal Term Preferred Shares of $35 million each pursuant to Rule 144A under the Securities Act of 1933. The proceeds from each offering will be used to seek to achieve the Fund's investment objective, which is contained in the Fund's prospectus.

MainStay MacKay DefinedTerm Municipal Opportunities is a diversified, closed-end management investment company. The Fund seeks to achieve its investment objectives by investing, under normal market conditions, at least 80% of its “Managed Assets” in municipal bonds, the interest on which is generally excludable from gross income for regular U.S. Federal income tax purposes. As of May 31 2017, total assets were $869,694,536 and its investment portfolio totaled $832,667,559.
Open the MMD Page at Preferred Stock Channel »

Name:  MainStay MacKay DefinedTerm Municipal Opportunities Fund
Sector:  Investment Companies & Venture Capital
Number of ETFs Holding MMD:  2 (see which ones)
Total Market Value Held by ETFs:  $1,839,882

Open the MMD Page at Preferred Stock Channel (in a new window) »

Top Ten Highest Yielding Preferred Stocks
Feel-Good Income: Socially Responsible Preferreds
Dividend Channel's 25 S.A.F.E. Dividend Stocks
Increasing Payments For Decades

Safer than S.A.F.E: Preferreds of Dividend Channel's
S.A.F.E. Dividend Stocks

Recent Preferred Stock Offerings
Preferred Stocks of Dow Components
Preferred Stocks of S&P 500 Components
Preferred Stocks By Industry
Preferred Stocks Where Insiders Are Buying The Common
High Yield Preferred Stocks
Preferreds Trading At Premiums To Liquidation Preference
Preferreds Trading At Discounts To Liquidation Preference
The Top 10 DividendRank'ed U.S. Stocks
The Top 10 DividendRank'ed Canadian Stocks
Top 25 Broker Analyst Picks of the S&P 500
Stock market game

Preferred Stock Offerings - Slide 445 of 476 | | Copyright © 2011 - 2020, All Rights Reserved

Nothing in Preferred Stock Channel is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and dividend videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact Preferred Stock Channel; Meet Our Editorial Staff.