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MainStay MacKay DefinedTerm Municipal Opportunities Fund (MainStay MacKay DefinedTerm Municipal Opportunities Fund) Revenue : $19.83 Mil (TTM As of Nov. 2023)


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What is MainStay MacKay DefinedTerm Municipal Opportunities Fund Revenue?

MainStay MacKay DefinedTerm Municipal Opportunities Fund's revenue for the six months ended in Nov. 2023 was $5.20 Mil. Its revenue for the trailing twelve months (TTM) ended in Nov. 2023 was $19.83 Mil. MainStay MacKay DefinedTerm Municipal Opportunities Fund's Revenue per Share for the six months ended in Nov. 2023 was $0.20. Its Revenue per Share for the trailing twelve months (TTM) ended in Nov. 2023 was $0.72.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 6 years, MainStay MacKay DefinedTerm Municipal Opportunities Fund's highest 3-Year average Revenue per Share Growth Rate was 33.00% per year. The lowest was 33.00% per year. And the median was 33.00% per year.


MainStay MacKay DefinedTerm Municipal Opportunities Fund Revenue Historical Data

The historical data trend for MainStay MacKay DefinedTerm Municipal Opportunities Fund's Revenue 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.

* Premium members only.

MainStay MacKay DefinedTerm Municipal Opportunities Fund Revenue Chart

MainStay MacKay DefinedTerm Municipal Opportunities Fund Annual Data
Trend May18 May19 May20 May21 May22 May23
Revenue
Get a 7-Day Free Trial 36.79 11.48 69.57 -54.60 -8.01

MainStay MacKay DefinedTerm Municipal Opportunities Fund Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.91 -61.51 -22.64 14.64 5.20

Competitive Comparison of MainStay MacKay DefinedTerm Municipal Opportunities Fund's Revenue

For the Asset Management subindustry, MainStay MacKay DefinedTerm Municipal Opportunities Fund's Revenue, along with its competitors' market caps and Revenue 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.


MainStay MacKay DefinedTerm Municipal Opportunities Fund's Revenue Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, MainStay MacKay DefinedTerm Municipal Opportunities Fund's Revenue distribution charts can be found below:

* The bar in red indicates where MainStay MacKay DefinedTerm Municipal Opportunities Fund's Revenue falls into.



MainStay MacKay DefinedTerm Municipal Opportunities Fund Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Nov. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $19.83 Mil.

* 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.


MainStay MacKay DefinedTerm Municipal Opportunities Fund  (NYSE:MMD) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


MainStay MacKay DefinedTerm Municipal Opportunities Fund Revenue Related Terms

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MainStay MacKay DefinedTerm Municipal Opportunities Fund (MainStay MacKay DefinedTerm Municipal Opportunities Fund) Business Description

Traded in Other Exchanges
N/A
Address
51 Madison Avenue, New York, NY, USA, 10010
MainStay MacKay DefinedTerm Municipal 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 may also invest in TOB (Tender Option Bonds) Floaters and TOB Residuals issued by the TOB Issuer. It evaluates its performance against Barclays Municipal Bond Index.
Executives
Michael Denlinger other: Portfolio Manager 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Naim Abou-jaoude other: CEO, NY LIFE INVEST MGMENT LLC 200 ALDERSGATE STREET, C/O CANDRIAM, NORTH ENTRANCE, LONDON X0 EC1A4HD
Michael Petty other: Portfolio Manager 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Alain M Karaoglan other: Chairman & Interim CEO 230 PARK AVENUE, NEW YORK NY 10169
Kevin M Gleason officer: Chief Compliance Officer 30 HUDSON STREET, JERSEY CITY NJ 07302
Robert A Dimella other: Portfolio Manager 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Scott Sprauer other: Portfolio Manager 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Karen Hammond other: Advisory Board Member 1601 UTICA AVENUE SOUTH, SUITE 900, ST. LOUIS PARK MN 55416
Yie-hsin Hung other: Executive Vice President 30 HUDSON STREET, JERSEY CITY NJ 07302
Jeffrey S Phlegar other: CEO of Subadvisor
Yi-chia Kuo officer: Chief Compliance Officer 30 HUDSON STREET, JERSEY CITY NJ 07302
Nolan Richard H Jr director 51 MADISON AVENUE, NEW YORK NY 10010
John J Lawlor other: Portfolio Manager 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Kirk C Lehneis officer: President 51 MADISON AVENUE, NEW YORK NY 10010
Stephen P. Fisher officer: President 169 LACKAWANNA AVENUE, PARSIPPANY NJ 07054

MainStay MacKay DefinedTerm Municipal Opportunities Fund (MainStay MacKay DefinedTerm Municipal Opportunities Fund) Headlines

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