VanEck CEF is selling for under 22.76 as of the 28th of November 2024; that is 1.25 percent increase since the beginning of the trading day. The etf's last reported lowest price was 22.56. VanEck CEF has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for VanEck CEF Municipal are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of December 2022 and ending today, the 28th of November 2024. Click here to learn more.
The fund normally invests at least 80 percent of its total assets in investments the income from which is exempt from U.S. federal income tax . Vaneck CEF is traded on BATS Exchange in the United States. More on VanEck CEF Municipal
VanEck CEF Municipal [XMPT] is traded in USA and was established 2011-07-12. The fund is listed under High Yield Muni category and is part of VanEck family. The entity is thematically classified as Broad Municipals ETFs. VanEck CEF Municipal at this time have 134.91 M in net assets. , while the total return for the last 3 years was -4.0%.
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The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in VanEck CEF. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
The output start index for this execution was zero with a total number of output elements of sixty-one. VanEck CEF Municipal Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe VanEck CEF price patterns.
When determining whether VanEck CEF Municipal is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if VanEck Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Vaneck Cef Municipal Etf. Highlighted below are key reports to facilitate an investment decision about Vaneck Cef Municipal Etf:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in VanEck CEF Municipal. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
The market value of VanEck CEF Municipal is measured differently than its book value, which is the value of VanEck that is recorded on the company's balance sheet. Investors also form their own opinion of VanEck CEF's value that differs from its market value or its book value, called intrinsic value, which is VanEck CEF's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because VanEck CEF's market value can be influenced by many factors that don't directly affect VanEck CEF's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between VanEck CEF's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck CEF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck CEF's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.