MMD (NYLI MacKay DefinedTerm Muni Opportunities Fund) Altman Z-Score


MMD NYLI MacKay DefinedTerm Muni Opportunities Fund MMD
30 GF Score
Price $15.52
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What is NYLI MacKay DefinedTerm Muni Opportunities Fund Altman Z-Score?

The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.

Altman Z-Score does not apply to banks and insurance companies.

MMD
30GF Score
NYLI MacKay DefinedTerm Muni Opportunities Fund MMD
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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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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Altman Z-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$15.52
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