Gladstone Investment Business Development (GAIN) 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, Gladstone Investment Business Development trades at a lower trailing P/E (3.7x vs 9.8x for NYLIM MacKay DefinedTerm Muni Opportunities Fund). Gladstone Investment Business Development offers the higher dividend yield (6.24% 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 | GAIN | MMD |
|---|---|---|
| Share price | $15.38 | $13.65 |
| 1-day change | +0.59% | -0.07% |
| YTD return | +10.09% | — |
| 1-year return | +12.92% | — |
| 5-year return | +4.55% | — |
| P/E ratio (TTM) | 3.65 | 9.82 |
| Forward P/E | 15.15 | — |
| EPS (TTM) | $4.21 | $1.39 |
| Dividend yield | 6.24% | 5.38% |
| Annual dividend | $0.96 | $0.735 |
| 52-week high | $17.14 | $15.82 |
| 52-week low | $13.11 | $13.24 |
| Distance from 52-week high | -10.27% | -13.72% |
| Analyst consensus | none | — |
| Avg. price target upside | +10.53% | — |
| Average volume | 178.34K | 72.47K |
| Sector | Finance | Finance |
| Industry | Finance: Consumer Services | 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 3.7x trailing P/E).
About Gladstone Investment Business Development
GAIN stock →Gladstone Investment Corporation is business development company, specializes in lower middle market, mature stage, buyouts; refinancing existing debt; senior debt securities such as senior loans, senior term loans, lines of credit, and senior notes; senior subordinated debt securities such as senior subordinated loans and senior subordinated notes; junior subordinated debt securities such as subordinated notes and mezzanine loans; limited liability company interests, and warrants or options. The fund does not invest in start-ups.
Finance · Finance: Consumer Services
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
GAIN vs MMD FAQ
Which has the lower P/E ratio, GAIN or MMD?
GAIN has the lower trailing P/E at 3.7, 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, Gladstone Investment Business Development or NYLIM MacKay DefinedTerm Muni Opportunities Fund?
Gladstone Investment Business Development has the higher yield at 6.24%, compared with 5.38% for NYLIM MacKay DefinedTerm Muni Opportunities Fund.
Are Gladstone Investment Business Development and NYLIM MacKay DefinedTerm Muni Opportunities Fund in the same industry?
Both are in the Finance sector, but in different industries: Finance: Consumer Services for Gladstone Investment Business Development and Investment Managers for NYLIM MacKay DefinedTerm Muni Opportunities Fund.