NYLI MacKay DefinedTerm Muni Opportunities Fund's quarterly market cap
declined
from Nov. 2024 ($302.34 Mil) to May. 2025 ($272.67 Mil) but then
increased
from May. 2025 ($272.67 Mil) to Nov. 2025 ($280.56 Mil).
NYLI MacKay DefinedTerm Muni Opportunities Fund's annual market cap
declined
from May. 2023 ($474.44 Mil) to May. 2024 ($452.42 Mil) and
declined
from May. 2024 ($452.42 Mil) to May. 2025 ($272.67 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. NYLI MacKay DefinedTerm Muni Opportunities Fund's Enterprise Value for Today is $451.37 Mil.
NYLI MacKay DefinedTerm Muni Opportunities Fund (NYSE:MMD) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
NYLI MacKay DefinedTerm Muni Opportunities Fund Market Cap Related Terms
NYLI MacKay DefinedTerm Muni Opportunities Fund Market Cap 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 Market Cap 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 Market Cap vs Asset Management Industry
NYLI MacKay DefinedTerm Muni Opportunities Fund Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
* 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 Market Cap of $290.71 Mil as of Jun. 25, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on NYLI MacKay DefinedTerm Muni Opportunities Fund and its competitors. According to the industry distribution chart, NYLI MacKay DefinedTerm Muni Opportunities Fund ranks #724 out of 1666 companies in the Asset Management industry, placing it in the top 43.5%.
Is NYLI MacKay DefinedTerm Muni Opportunities Fund's Market Cap too high?
NYLI MacKay DefinedTerm Muni Opportunities Fund's current Market Cap is $290.71 Mil. The Asset Management industry median Market Cap is 200.66. NYLI MacKay DefinedTerm Muni Opportunities Fund's value of $290.71 Mil is 44.9% above this industry median. Based on the distribution chart, NYLI MacKay DefinedTerm Muni Opportunities Fund ranks #724 out of 1666 companies in the Asset Management industry, which is above the industry midpoint. Overall, NYLI MacKay DefinedTerm Muni Opportunities Fund has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does NYLI MacKay DefinedTerm Muni Opportunities Fund's Market Cap compare to PMO and RMM?
According to the Asset Management industry distribution chart, NYLI MacKay DefinedTerm Muni Opportunities Fund ranks #724 out of 1666 companies for Market Cap. This puts NYLI MacKay DefinedTerm Muni Opportunities Fund in the upper half of its industry. The industry median Market Cap is 200.66. NYLI MacKay DefinedTerm Muni Opportunities Fund's value of $290.71 Mil is 44.9% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for an Asset Management company?
The median Market Cap among Asset Management companies is 200.66, based on 1,666 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap 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 Market Cap of $290.71 Mil is 44.9% 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 Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on NYLI MacKay DefinedTerm Muni Opportunities Fund and its competitors. For the Asset Management industry, the median Market Cap is 200.66 — 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 Market Cap is $290.71 Mil. 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 Market Cap of $290.71 Mil. The current Market Cap is $290.71 Mil and 44.9% above the Asset Management industry median of 200.66. NYLI MacKay DefinedTerm Muni Opportunities Fund's overall GF Score™ is 30/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For NYLI MacKay DefinedTerm Muni Opportunities Fund (MMD), the current Market Cap is $290.71 Mil as of Jun. 25, 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 Business Description
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.
30GF Score
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