MMD vs MQY

MainStay MacKay DefinedTerm Mun vs Blackrock MuniYield Quality Fun — Valuation Comparison 2026

By CirclFi Research Team · Updated 2026-06-03 · Data from SEC EDGAR, FRED & GDELT

Quick Summary — MQY scores higher on quality with 1.9/10 vs MMD's 1.7/10. MMD trades at $15.21 while MQY trades at $11.43. Both analyzed daily using SEC EDGAR data across 13 institutional models.

MMD

Asset Management
MainStay MacKay DefinedTerm Mun
Quality
1.7
out of 10
Value Trap
Price
$15.21
Last close
Models
10/13
Active
VS

MQY

Asset Management
Blackrock MuniYield Quality Fun
Quality
1.9
out of 10
Value Trap
Price
$11.43
Last close
Models
10/13
Active
MMD
2 models active
Quality 1.7/10 — below average
MQY
2 models active
Quality 1.9/10 — below average

MMD vs MQY — Fair Value Comparison

MMD
$0$6$12$18 Price$15.21 Bayesian …$3.96 (-74.0%) Markov DDM$7.39 (-50.7%)
MQY
$0$4$9$13 Price$11.43 Bayesian …$2.97 (-74.0%) Markov DDM$6.97 (-39.0%)
Market Price Model 1 Model 2

Model-by-Model Comparison

ModelType MMD Fair ValueMMD Upside MQY Fair ValueMQY Upside
Bayesian DCF Intrinsic $3.96 -74.0% $2.97 -74.0%
First Chicago Scenario $•••.•• ••.•% $•••.•• ••.•%
Markov DDM Intrinsic $7.39 -50.7% $6.97 -39.0%
ML-RIV Intrinsic $•••.•• ••.•% $•••.•• ••.•%
Dynamic NAV Asset-Based $•••.•• ••.•% $•••.•• ••.•%
Regime Cross-Sectional Relative $•••.•• ••.•% $•••.•• ••.•%
Sentiment SOTP Hybrid $•••.•• ••.•% $•••.•• ••.•%
CUCE Ensemble Ensemble $•••.•• ••.•% $•••.•• ••.•%
FTNN Topology Relative $•••.•• ••.•% $•••.•• ••.•%
RCMH-DCF Intrinsic $•••.•• ••.•% $•••.•• ••.•%

MMD vs MQY — Which Stock Is More Undervalued in 2026?

MQY scores higher with a 1.9/10 quality rating vs MMD's 1.7/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

How Do MMD and MQY Valuations Compare?

At $15.21, MMD trades +74.0% above its Bayesian DCF fair value of $3.96, while MQY at $11.43 trades +74.0% above its estimate of $2.97. MMD shows a wider gap between price and intrinsic value.

Quality of Company: MMD vs MQY

MMD earns a Quality of Company score of 1.7/10 compared to MQY's 1.9/10. The scores are closely matched, indicating similar fundamental quality profiles. The QOC score synthesizes 32 signals spanning profitability margins, revenue growth, free cash flow, capital allocation, and leverage.

Value Trap Risk: MMD vs MQY

Review the value trap analysis for both MMD and MQY to assess whether apparent undervaluation reflects genuine opportunity or hidden fundamental risk.

Both in Asset Management

Both MMD and MQY operate in Asset Management, which has 448 stocks tracked by CirclFi. Same-industry comparisons provide the most direct insight into relative valuation since both companies face similar regulatory environments, market dynamics, and competitive pressures. Both companies are analyzed with models spanning intrinsic (Bayesian DCF, EPV), scenario-based (First Chicago), regime-switching (Markov DDM, RCMH-DCF), machine learning (ML-RIV, FTNN), and ensemble methods (CUCE).

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