NYLIM MacKay DefinedTerm Muni Opportunities Fund (MMD) vs Reaves Utility Income Fund (UTG)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.
Summary
On valuation, Reaves Utility Income Fund trades at a lower trailing P/E (2.7x vs 9.8x for NYLIM MacKay DefinedTerm Muni Opportunities Fund). Reaves Utility Income Fund offers the higher dividend yield (6.50% vs 5.38%).
Summary generated from market data by MetaCap's automated system. Methodology
Head-to-head
| Metric | MMD | UTG |
|---|---|---|
| Share price | $13.66 | $36.60 |
| Market cap | — | $3.35B |
| 1-day change | -1.80% | +0.11% |
| P/E ratio (TTM) | 9.83 | 2.65 |
| EPS (TTM) | $1.39 | $13.80 |
| Dividend yield | 5.38% | 6.50% |
| Annual dividend | $0.735 | $2.38 |
| 52-week high | $15.82 | $43.90 |
| 52-week low | $13.24 | $33.53 |
| Distance from 52-week high | -13.65% | -16.63% |
| Average volume | 71.53K | 311.60K |
| Shares outstanding | — | 91.43M |
| 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
- NYLIM MacKay DefinedTerm Muni Opportunities Fund trades at a higher earnings multiple (9.8x vs 2.7x trailing P/E).
- Reaves Utility Income Fund offers a meaningfully higher dividend yield (6.50% vs 5.38%).
MMD vs UTG FAQ
Which has the lower P/E ratio, MMD or UTG?
UTG has the lower trailing P/E at 2.7, 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, NYLIM MacKay DefinedTerm Muni Opportunities Fund or Reaves Utility Income Fund?
Reaves Utility Income Fund has the higher yield at 6.50%, compared with 5.38% for NYLIM MacKay DefinedTerm Muni Opportunities Fund.
Are NYLIM MacKay DefinedTerm Muni Opportunities Fund and Reaves Utility Income Fund in the same industry?
Yes. Both are classified in the Investment Managers industry within the Finance sector.