AllianceBernstein National Municipal Income Fund (AFB) vs NYLIM MacKay DefinedTerm Muni Opportunities Fund (MMD)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
On valuation, NYLIM MacKay DefinedTerm Muni Opportunities Fund trades at a lower trailing P/E (9.8x vs 11.7x for AllianceBernstein National Municipal Income Fund). AllianceBernstein National Municipal Income Fund offers the higher dividend yield (5.78% vs 5.38%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | AFB | MMD |
|---|---|---|
| Share price | $9.37 | $13.65 |
| 1-day change | +0.64% | -0.07% |
| P/E ratio (TTM) | 11.71 | 9.82 |
| EPS (TTM) | $0.80 | $1.39 |
| Dividend yield | 5.78% | 5.38% |
| Annual dividend | $0.542 | $0.735 |
| 52-week high | $11.50 | $15.82 |
| 52-week low | $9.28 | $13.24 |
| Distance from 52-week high | -18.52% | -13.72% |
| Average volume | 98.60K | 72.13K |
| Sector | Finance | Finance |
| Industry | Trusts Except Educational Religious and Charitable | Investment Managers |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
About AllianceBernstein National Municipal Income Fund
AFB stock →AllianceBernstein National Municipal Income Fund, Inc. is a closed-ended fixed income mutual fund launched and managed by AllianceBernstein L.P.
Finance · Trusts Except Educational Religious and Charitable
About NYLIM MacKay DefinedTerm Muni Opportunities Fund
MMD stock →MainStay DefinedTerm Municipal Opportunities Fund is a closed-ended fixed income mutual fund launched and managed by New York Life Investment Management LLC. The fund is co-managed by MacKay Shields LLC.
Finance · Investment Managers
AFB vs MMD FAQ
Which has the lower P/E ratio, AFB or MMD?
MMD has the lower trailing P/E at 9.8, versus 11.7 for AFB. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, AllianceBernstein National Municipal Income Fund or NYLIM MacKay DefinedTerm Muni Opportunities Fund?
AllianceBernstein National Municipal Income Fund has the higher yield at 5.78%, compared with 5.38% for NYLIM MacKay DefinedTerm Muni Opportunities Fund.
Are AllianceBernstein National Municipal Income Fund and NYLIM MacKay DefinedTerm Muni Opportunities Fund in the same industry?
Both are in the Finance sector, but in different industries: Trusts Except Educational Religious and Charitable for AllianceBernstein National Municipal Income Fund and Investment Managers for NYLIM MacKay DefinedTerm Muni Opportunities Fund.