NYLIM MacKay DefinedTerm Muni Opportunities Fund (MMD) vs Nuveen California Municipal Value Fund (NCA)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.
Summary
On valuation, NYLIM MacKay DefinedTerm Muni Opportunities Fund trades at a lower trailing P/E (9.8x vs 23.6x for Nuveen California Municipal Value Fund). NYLIM MacKay DefinedTerm Muni Opportunities Fund offers the higher dividend yield (5.38% vs 4.22%).
Summary generated from market data by MetaCap's automated system. Methodology
Head-to-head
| Metric | MMD | NCA |
|---|---|---|
| Share price | $13.66 | $8.25 |
| 1-day change | -1.80% | 0.00% |
| P/E ratio (TTM) | 9.83 | 23.57 |
| EPS (TTM) | $1.39 | $0.35 |
| Dividend yield | 5.38% | 4.22% |
| Annual dividend | $0.735 | $0.348 |
| 52-week high | $15.82 | $9.80 |
| 52-week low | $13.24 | $8.15 |
| Distance from 52-week high | -13.65% | -15.82% |
| Average volume | 71.53K | 88.97K |
| Sector | Finance | Finance |
| Industry | Investment Managers | 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
- Nuveen California Municipal Value Fund trades at a higher earnings multiple (23.6x vs 9.8x trailing P/E).
- NYLIM MacKay DefinedTerm Muni Opportunities Fund offers a meaningfully higher dividend yield (5.38% vs 4.22%).
MMD vs NCA FAQ
Which has the lower P/E ratio, MMD or NCA?
MMD has the lower trailing P/E at 9.8, versus 23.6 for NCA. 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, NYLIM MacKay DefinedTerm Muni Opportunities Fund or Nuveen California Municipal Value Fund?
NYLIM MacKay DefinedTerm Muni Opportunities Fund has the higher yield at 5.38%, compared with 4.22% for Nuveen California Municipal Value Fund.
Are NYLIM MacKay DefinedTerm Muni Opportunities Fund and Nuveen California Municipal Value Fund in the same industry?
Yes. Both are classified in the Investment Managers industry within the Finance sector.