Performance analysis of MMD (MainStay MacKay DefinedTerm Municipal Opportunities Fund)
Annual Return
Over the past 3 years, MMD has had an average annual return of +1.26%, underperforming the benchmark SPY, which returned +22.77% annual.
Over the past 5 years, MMD has had an average annual return of -3.05%, underperforming the benchmark SPY, which returned +14% annual.
Over the past 10 years, MMD has had an average annual return of +2.30%, underperforming the benchmark SPY, which returned +15.53% annual.
Since Aug 3, 2012, MMD has had an average annual return of +3.73%, underperforming the benchmark SPY, which returned +15.02% annual.
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| +4.52% | +4.52% | -3.99% | +6.45% | -21.93% | +4.74% | +8.74% | +13.25% | +3.89% | +14.51% | +2.92% | +10.60% |
| 2014 | 2013 | 2012 | |||||||||
| +23.15% | -15.56% | +4.83% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +5.36% | +0.41% | -4.40% | +1.26% | +2.53% | -0.46% | +4.52% | ||||||
| 2025 | +4.04% | +1.30% | -3.01% | -2.44% | -0.49% | +2.28% | -1.02% | +0.96% | +3.61% | +0.53% | -0.99% | -0.07% | +4.52% |
| 2024 | +2.33% | -0.42% | -0.18% | -1.84% | +1.68% | +2.72% | +1.33% | +0.36% | +1.07% | -1.16% | -2.67% | -6.91% | -3.99% |
| 2023 | +11.21% | -1.87% | +0.51% | -0.08% | -1.25% | +0.85% | -0.47% | +0.24% | -5.28% | -9.49% | +10.24% | +3.42% | +6.45% |
| 2022 | -6.28% | -3.33% | -3.77% | -2.46% | +3.80% | -3.05% | +3.61% | -4.64% | -11.86% | +1.19% | +8.31% | -4.43% | -21.93% |
| 2021 | +0.85% | +0.39% | +1.77% | +0.47% | +3.50% | -1.99% | +2.04% | +0.07% | -2.94% | -2.58% | +0.35% | +2.95% | +4.74% |
| 2020 | +5.02% | -4.19% | -8.04% | -0.14% | +9.99% | -2.32% | +4.20% | +1.16% | -2.37% | +1.28% | +3.09% | +1.94% | +8.74% |
| 2019 | +1.16% | +1.65% | +2.55% | +1.36% | +1.10% | +1.53% | +0.41% | +1.57% | -0.25% | -0.21% | -0.94% | +2.65% | +13.25% |
| 2018 | -3.04% | -1.36% | +0.63% | +1.21% | +2.85% | +0.37% | +0.85% | +2.55% | -0.79% | -2.17% | +2.64% | +0.28% | +3.89% |
| 2017 | +4.55% | +2.43% | -0.34% | +1.76% | +2.73% | -0.90% | +3.05% | +0.11% | +0.24% | -3.50% | +2.13% | +1.62% | +14.51% |
Drawdown analysis of MMD (MainStay MacKay DefinedTerm Municipal Opportunities Fund)
The maximum drawdown for the MMD was -30.12%, occurring on Oct 27, 2023. This drawdown has not yet recovered.
The current MMD drawdown is -16.38%.
Since Aug 3, 2012 MMD has experienced the following drawdowns:
- 30% or more: 1 time
- 20% or more: 3 times
- 10% or more: 4 times
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -30.12% | Aug 9, 2021 | 559 | Oct 27, 2023 | Ongoing | Ongoing | Ongoing |
| -25.16% | Jan 11, 2013 | 149 | Aug 15, 2013 | 296 | Oct 17, 2014 | 445 |
| -24.57% | Feb 13, 2020 | 26 | Mar 23, 2020 | 177 | Dec 2, 2020 | 203 |
| -11.66% | Jul 7, 2016 | 91 | Nov 14, 2016 | 135 | May 31, 2017 | 226 |
| -8.45% | Apr 23, 2015 | 46 | Jun 29, 2015 | 103 | Nov 23, 2015 | 149 |
| -6.58% | Dec 14, 2017 | 67 | Mar 23, 2018 | 78 | Jul 16, 2018 | 145 |
| -6.20% | Dec 12, 2012 | 10 | Dec 27, 2012 | 10 | Jan 11, 2013 | 20 |
| -5.56% | Sep 10, 2018 | 19 | Oct 5, 2018 | 48 | Dec 14, 2018 | 67 |
| -5.40% | Feb 9, 2021 | 8 | Feb 22, 2021 | 35 | Apr 13, 2021 | 43 |
| -5.09% | Sep 15, 2017 | 40 | Nov 10, 2017 | 18 | Dec 7, 2017 | 58 |
| -3.90% | Feb 5, 2015 | 7 | Feb 17, 2015 | 39 | Apr 14, 2015 | 46 |
| -3.56% | Dec 14, 2018 | 4 | Dec 20, 2018 | 32 | Feb 7, 2019 | 36 |
| -3.54% | May 11, 2016 | 13 | May 31, 2016 | 16 | Jun 22, 2016 | 29 |
| -3.54% | May 27, 2021 | 35 | Jul 19, 2021 | 7 | Jul 28, 2021 | 42 |
| -3.27% | Nov 11, 2014 | 10 | Nov 25, 2014 | 23 | Dec 30, 2014 | 33 |
| -2.88% | Aug 28, 2019 | 42 | Oct 28, 2019 | 29 | Dec 9, 2019 | 71 |
| -2.87% | Jan 21, 2021 | 4 | Jan 27, 2021 | 8 | Feb 8, 2021 | 12 |
| -2.85% | May 14, 2021 | 2 | May 18, 2021 | 7 | May 27, 2021 | 9 |
| -2.64% | Oct 18, 2012 | 7 | Oct 31, 2012 | 5 | Nov 7, 2012 | 12 |
| -2.34% | Aug 10, 2012 | 2 | Aug 14, 2012 | 10 | Aug 28, 2012 | 12 |
| -2.23% | Dec 2, 2020 | 3 | Dec 7, 2020 | 23 | Jan 11, 2021 | 26 |
| -2.16% | Nov 12, 2012 | 3 | Nov 15, 2012 | 4 | Nov 21, 2012 | 7 |
| -2.11% | Feb 11, 2016 | 2 | Feb 16, 2016 | 6 | Feb 24, 2016 | 8 |
| -2.10% | Mar 8, 2016 | 5 | Mar 15, 2016 | 11 | Mar 31, 2016 | 16 |
| -2.06% | Aug 6, 2019 | 12 | Aug 22, 2019 | 3 | Aug 27, 2019 | 15 |