Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
What is NYLI MacKay DefinedTerm Muni Opportunities Fund EV-to-OCF?
NYLI MacKay DefinedTerm Muni Opportunities FundMMD +0.60%32 EV-to-OCF is 34.89 as of Aug. 09, 2026, which is 214% above its 10-year median of 11.12. GuruFocus rates MMD with a GF Score™ of 32/100. The stock has 3 warning signs investors should review. Among 1,501 Asset Management companies, NYLI MacKay DefinedTerm Muni Opportunities Fund ranks worse than 86.21% on this metric.
MMD's EV-to-OCF is ranked worse than 86.21% of 1501
companies
in the Asset Management industry
Industry Median: 5.95
vs MMD: 34.89
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
NYLI MacKay DefinedTerm Muni Opportunities Fund (NYSE:MMD) EV-to-OCF Explanation
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
NYLI MacKay DefinedTerm Muni Opportunities Fund's PE Ratio (TTM) for today is calculated as:
NYLI MacKay DefinedTerm Muni Opportunities Fund's share price for today is $15.01.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. NYLI MacKay DefinedTerm Muni Opportunities Fund's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in May. 2026 was $1.390.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
NYLI MacKay DefinedTerm Muni Opportunities Fund EV-to-OCF Related Terms
NYLI MacKay DefinedTerm Muni Opportunities Fund EV-to-OCF Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
NYLI MacKay DefinedTerm Muni Opportunities Fund EV-to-OCF Chart
NYLI MacKay DefinedTerm Muni Opportunities Fund Annual Data
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
NYLI MacKay DefinedTerm Muni Opportunities Fund EV-to-OCF vs Asset Management Industry
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
NYLI MacKay DefinedTerm Muni Opportunities Fund (MMD) has a EV-to-OCF of 34.89 as of Aug. 09, 2026. This is 214% above median its historical median of 11.12. According to the industry distribution chart, NYLI MacKay DefinedTerm Muni Opportunities Fund ranks #1294 out of 1501 companies in the Asset Management industry, placing it in the top 86.2%.
Is NYLI MacKay DefinedTerm Muni Opportunities Fund's EV-to-OCF too high?
NYLI MacKay DefinedTerm Muni Opportunities Fund's current EV-to-OCF of 34.89 is 214% above median its 10-year median of 11.12. The Asset Management industry median EV-to-OCF is 5.95. NYLI MacKay DefinedTerm Muni Opportunities Fund's value of 34.89 is 486.4% above this industry median. Based on the distribution chart, NYLI MacKay DefinedTerm Muni Opportunities Fund ranks #1294 out of 1501 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, NYLI MacKay DefinedTerm Muni Opportunities Fund has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does NYLI MacKay DefinedTerm Muni Opportunities Fund's EV-to-OCF compare to PMO and EFT?
According to the Asset Management industry distribution chart, NYLI MacKay DefinedTerm Muni Opportunities Fund ranks #1294 out of 1501 companies for EV-to-OCF. This places NYLI MacKay DefinedTerm Muni Opportunities Fund in the lower half of its industry. The industry median EV-to-OCF is 5.95. NYLI MacKay DefinedTerm Muni Opportunities Fund's value of 34.89 is 486.4% above this benchmark. While the company's 10-year median is 11.12 vs. the industry median of 5.95, NYLI MacKay DefinedTerm Muni Opportunities Fund has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-OCF for an Asset Management company?
The median EV-to-OCF among Asset Management companies is 5.95, based on 1,501 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NYLI MacKay DefinedTerm Muni Opportunities Fund's current EV-to-OCF of 34.89 is 486.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Asset Management industry, the median EV-to-OCF is 5.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NYLI MacKay DefinedTerm Muni Opportunities Fund's current EV-to-OCF is 34.89, which is 214% above median its own 10-year median of 11.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NYLI MacKay DefinedTerm Muni Opportunities Fund stock overvalued right now?
NYLI MacKay DefinedTerm Muni Opportunities Fund (MMD) has a current EV-to-OCF of 34.89. The current EV-to-OCF is 34.89, which is 214% above median its 10-year median of 11.12 and 486.4% above the Asset Management industry median of 5.95. NYLI MacKay DefinedTerm Muni Opportunities Fund's overall GF Score™ is 32/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For NYLI MacKay DefinedTerm Muni Opportunities Fund (MMD), the current EV-to-OCF is 34.89 as of Aug. 09, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
NYLI MacKay DefinedTerm Muni Opportunities Fund is a USA-based diversified closed-end management investment company. The fund's investment objective is to seek current income exempt from regular U.S. Federal income taxes as well as total return. The company predominantly invests in municipal bonds, the interest on which is, in the opinion of bond counsel to the issuers, generally excludable from gross income for regular U.S. Federal income tax purposes.
32GF Score
Get the complete analysis for MMD
EV-to-OCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MMD has been successfully added to your 
