* 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 ROE % Adjusted to Book Value Chart
NYLI MacKay DefinedTerm Muni Opportunities Fund Annual Data
MMD vs PMO, RMM, KWY: ROE % Adjusted to Book Value Comparison
For the Asset Management subindustry, NYLI MacKay DefinedTerm Muni Opportunities Fund's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value 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.
What does a ROE % Adjusted to Book Value of 14.24% mean?
NYLI MacKay DefinedTerm Muni Opportunities Fund (MMD) has a ROE % Adjusted to Book Value of 14.24% as of Nov. 2025. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on NYLI MacKay DefinedTerm Muni Opportunities Fund and its competitors.
Is NYLI MacKay DefinedTerm Muni Opportunities Fund's ROE % Adjusted to Book Value too high?
NYLI MacKay DefinedTerm Muni Opportunities Fund's current ROE % Adjusted to Book Value is 14.24%. 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 ROE % Adjusted to Book Value compare to PMO and RMM?
NYLI MacKay DefinedTerm Muni Opportunities Fund's ROE % Adjusted to Book Value of 14.24% can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % Adjusted to Book Value for an Asset Management company?
A good ROE % Adjusted to Book Value depends on the Asset Management industry context. However, ROE % Adjusted to Book Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on NYLI MacKay DefinedTerm Muni Opportunities Fund and its competitors. NYLI MacKay DefinedTerm Muni Opportunities Fund's current ROE % Adjusted to Book Value is 14.24%. 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 ROE % Adjusted to Book Value of 14.24%. The current ROE % Adjusted to Book Value is 14.24%. 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 ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For NYLI MacKay DefinedTerm Muni Opportunities Fund (MMD), the current ROE % Adjusted to Book Value is 14.24% 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
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.
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