MMD (NYLI MacKay DefinedTerm Muni Opportunities Fund) Net Margin %: 99.48% (As of Nov. 2025) — Near Median


MMD NYLI MacKay DefinedTerm Muni Opportunities Fund MMD
30 GF Score
Price $15.48
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What is NYLI MacKay DefinedTerm Muni Opportunities Fund Net Margin %?

NYLI MacKay DefinedTerm Muni Opportunities Fund MMD 30 Net Margin % is 99.48% as of Nov. 2025, which is 1% above its 10-year median of 98.74. GuruFocus rates MMD with a GF Score™ of 30/100. The stock has 5 warning signs investors should review. Among 1,580 Asset Management companies, NYLI MacKay DefinedTerm Muni Opportunities Fund ranks better than 52.91% on this metric.

Net margin is calculated as Net Income divided by its Revenue. NYLI MacKay DefinedTerm Muni Opportunities Fund's Net Income for the six months ended in Nov. 2025 was $19.58 Mil. NYLI MacKay DefinedTerm Muni Opportunities Fund's Revenue for the six months ended in Nov. 2025 was $19.68 Mil. Therefore, NYLI MacKay DefinedTerm Muni Opportunities Fund's net margin for the quarter that ended in Nov. 2025 was 99.48%.

The historical rank and industry rank for NYLI MacKay DefinedTerm Muni Opportunities Fund's Net Margin % or its related term are showing as below:

MMD' s Net Margin % Range Over the Past 10 Years
Min: 71.33   Med: 98.74   Max: 104.46
Current: 89.07


MMD's Net Margin % is ranked better than
52.91% of 1580 companies
in the Asset Management industry
Industry Median: 84.895 vs MMD: 89.07

NYLI MacKay DefinedTerm Muni Opportunities Fund  (NYSE:MMD) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


NYLI MacKay DefinedTerm Muni Opportunities Fund Net Margin % Related Terms


NYLI MacKay DefinedTerm Muni Opportunities Fund Net Margin % Historical Data

* Premium members only.

The historical data trend for NYLI MacKay DefinedTerm Muni Opportunities Fund's Net Margin % can be seen below:

* 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 Net Margin % Chart

NYLI MacKay DefinedTerm Muni Opportunities Fund Annual Data
Trend May18 May19 May20 May21 May22 May23 May24 May25
Net Margin %
Get a 7-Day Free Trial 99.38 100.79 104.46 97.07 71.33

NYLI MacKay DefinedTerm Muni Opportunities Fund Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 96.67 97.35 98.83 100.72 99.48

MMD vs PMO, RMM, KWY: Net Margin % Comparison

For the Asset Management subindustry, NYLI MacKay DefinedTerm Muni Opportunities Fund's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* 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 Net Margin % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, NYLI MacKay DefinedTerm Muni Opportunities Fund's Net Margin % distribution charts can be found below:

* The bar in red indicates where NYLI MacKay DefinedTerm Muni Opportunities Fund's Net Margin % falls into.


MMD
30GF Score
NYLI MacKay DefinedTerm Muni Opportunities Fund MMD
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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NYLI MacKay DefinedTerm Muni Opportunities Fund Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

NYLI MacKay DefinedTerm Muni Opportunities Fund's Net Margin for the fiscal year that ended in May. 2025 is calculated as

Net Margin=Net Income (A: May. 2025 )/Revenue (A: May. 2025 )
=0.861/1.207
=71.33 %

NYLI MacKay DefinedTerm Muni Opportunities Fund's Net Margin for the quarter that ended in Nov. 2025 is calculated as

Net Margin=Net Income (Q: Nov. 2025 )/Revenue (Q: Nov. 2025 )
=19.576/19.678
=99.48 %

* 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.

Frequently Asked Questions Learn more about Net Margin % →
What does a Net Margin % of 99.48% mean?
NYLI MacKay DefinedTerm Muni Opportunities Fund (MMD) has a Net Margin % of 99.48% as of Nov. 2025. Net margin is the ratio of total net income to net sales. View historical data on NYLI MacKay DefinedTerm Muni Opportunities Fund and its competitors. This is near median its historical median of 98.74. Over the past decade, NYLI MacKay DefinedTerm Muni Opportunities Fund's Net Margin % has ranged from 71.33 to 104.46. According to the industry distribution chart, NYLI MacKay DefinedTerm Muni Opportunities Fund ranks #744 out of 1580 companies in the Asset Management industry, placing it in the top 47.1%.
Is NYLI MacKay DefinedTerm Muni Opportunities Fund's Net Margin % too high?
NYLI MacKay DefinedTerm Muni Opportunities Fund's current Net Margin % of 99.48% is near median its 10-year median of 98.74. Over the past 10 years, this metric has ranged from a low of 71.33 to a high of 104.46. The Asset Management industry median Net Margin % is 84.90. NYLI MacKay DefinedTerm Muni Opportunities Fund's value of 99.48% is 17.2% above this industry median. Based on the distribution chart, NYLI MacKay DefinedTerm Muni Opportunities Fund ranks #744 out of 1580 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 Net Margin % compare to PMO and RMM?
According to the Asset Management industry distribution chart, NYLI MacKay DefinedTerm Muni Opportunities Fund ranks #744 out of 1580 companies for Net Margin %. This puts NYLI MacKay DefinedTerm Muni Opportunities Fund in the upper half of its industry. The industry median Net Margin % is 84.90. NYLI MacKay DefinedTerm Muni Opportunities Fund's value of 99.48% is 17.2% above this benchmark. Historically, NYLI MacKay DefinedTerm Muni Opportunities Fund's own Net Margin % has ranged from 71.33 to 104.46 over the past decade. While the company's 10-year median is 98.74 vs. the industry median of 84.90, 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 Net Margin % for an Asset Management company?
The median Net Margin % among Asset Management companies is 84.90, based on 1,580 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % 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 Net Margin % of 99.48% is 17.2% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on NYLI MacKay DefinedTerm Muni Opportunities Fund and its competitors. For the Asset Management industry, the median Net Margin % is 84.90 — 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 Net Margin % is 99.48%, which is near median its own 10-year median of 98.74. 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 Net Margin % of 99.48%. The current Net Margin % is 99.48%, which is near median its 10-year median of 98.74 and 17.2% above the Asset Management industry median of 84.90. 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 Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For NYLI MacKay DefinedTerm Muni Opportunities Fund (MMD), the current Net Margin % is 99.48% as of Nov. 2025. 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

Address 51 Madison Avenue, New York, NY, USA, 10010
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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Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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