Central and Eastern Europe Fund (CEE) 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, Central and Eastern Europe Fund trades at a lower trailing P/E (2.8x vs 9.8x for NYLIM MacKay DefinedTerm Muni Opportunities Fund). NYLIM MacKay DefinedTerm Muni Opportunities Fund offers the higher dividend yield (5.38% vs 2.08%).
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 | CEE | MMD |
|---|---|---|
| Share price | $18.57 | $13.65 |
| 1-day change | -0.27% | -0.07% |
| P/E ratio (TTM) | 2.78 | 9.82 |
| EPS (TTM) | $6.69 | $1.39 |
| Dividend yield | 2.08% | 5.38% |
| Annual dividend | $0.387 | $0.735 |
| 52-week high | $21.98 | $15.82 |
| 52-week low | $14.82 | $13.24 |
| Distance from 52-week high | -15.51% | -13.72% |
| Average volume | 21.60K | 72.13K |
| Sector | Finance | Finance |
| Industry | Finance Companies | 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.
Key differences
- NYLIM MacKay DefinedTerm Muni Opportunities Fund trades at a higher earnings multiple (9.8x vs 2.8x trailing P/E).
- NYLIM MacKay DefinedTerm Muni Opportunities Fund offers a meaningfully higher dividend yield (5.38% vs 2.08%).
About Central and Eastern Europe Fund
CEE stock →The Central and Eastern Europe Fund, Inc. is a closed ended equity mutual fund launched by Deutsche Investment Management Americas Inc.
Finance · Finance Companies
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
CEE vs MMD FAQ
Which has the lower P/E ratio, CEE or MMD?
CEE has the lower trailing P/E at 2.8, versus 9.8 for MMD. 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, Central and Eastern Europe Fund or NYLIM MacKay DefinedTerm Muni Opportunities Fund?
NYLIM MacKay DefinedTerm Muni Opportunities Fund has the higher yield at 5.38%, compared with 2.08% for Central and Eastern Europe Fund.
Are Central and Eastern Europe Fund and NYLIM MacKay DefinedTerm Muni Opportunities Fund in the same industry?
Both are in the Finance sector, but in different industries: Finance Companies for Central and Eastern Europe Fund and Investment Managers for NYLIM MacKay DefinedTerm Muni Opportunities Fund.