Vaneck Cef Municipal Etf Profile
| XMPT Etf | USD 20.87 0.16 0.76% |
Performance1 of 100
| Odds Of DistressLess than 9
|
VanEck CEF is selling for under 20.87 as of the 16th of April 2024; that is -0.76 percent decrease since the beginning of the trading day. The etf's last reported lowest price was 20.82. VanEck CEF has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat weak 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 17th of March 2024 and ending today, the 16th of April 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
Moving together with VanEck Etf
| 0.88 | HYD | VanEck High Yield | PairCorr |
| 0.8 | SHYD | VanEck Short High | PairCorr |
| 0.87 | FMHI | First Trust Municipal | PairCorr |
| 0.85 | FLMI | Franklin Liberty Int | PairCorr |
| 0.82 | HYMU | BlackRock High Yield | PairCorr |
Moving against VanEck Etf
| 0.47 | HUM | Humana Inc Report 24th of April 2024 | PairCorr |
VanEck Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. VanEck CEF's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding VanEck CEF or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Ideas | (View all Themes) |
| Business Concentration | Municipals ETFs, Broad Municipals ETFs, High Yield Muni, VanEck (View all Sectors) |
| Issuer | Van Eck |
| Inception Date | 2011-07-12 |
| Benchmark | S-Network Municipal Bond Closed-End Fund Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 228.16 Million |
| Average Trading Valume | 33,563.7 |
| Asset Type | Fixed Income |
| Category | Municipals |
| Focus | Broad Municipals |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | Van Eck Associates Corporation |
| Advisor | Van Eck Associates Corporation |
| Custodian | State Street Bank and Trust Company |
| Distributor | Van Eck Securities Corporation |
| Portfolio Manager | Peter H. Liao |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 30-Apr |
| Exchange | Cboe BZX Exchange, Inc. |
| Number of Constituents | 56.0 |
| Market Maker | Virtu Financial |
| Total Expense | 1.81 |
| Management Fee | 0.4 |
| Country Name | USA |
| Returns Y T D | 0.43 |
| Name | VanEck CEF Municipal Income ETF |
| Currency Code | USD |
| Open Figi | BBG001WL62Y7 |
| In Threey Volatility | 16.93 |
| 1y Volatility | 16.82 |
| 200 Day M A | 20.5668 |
| 50 Day M A | 21.4192 |
| Code | XMPT |
| Updated At | 15th of April 2024 |
| Currency Name | US Dollar |
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 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 -6.1%.
Check VanEck CEF Probability Of Bankruptcy
Top VanEck CEF Municipal Etf Constituents
| BTT | Blackrock Municipal Target | Stock | Financials |
| EIM | Eaton Vance Mbf | Fund | Asset Management |
| IIM | Invesco Value Municipal | Stock | Financials |
| MHD | Blackrock Muniholdings Closed | Fund | Asset Management |
| MQY | Blackrock Muniyield Quality | Fund | Asset Management |
| MYI | Blackrock Muniyield Quality | Fund | Asset Management |
| NAD | Nuveen Dividend Advantage | Fund | Asset Management |
VanEck CEF Target Price Odds Analysis
Attributed to a normal probability distribution, the odds of VanEck CEF jumping above the current price in 90 days from now is about 88.92%. The VanEck CEF Municipal probability density function shows the probability of VanEck CEF etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days VanEck CEF has a beta of 0.3134. This entails as returns on the market go up, VanEck CEF average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding VanEck CEF Municipal will be expected to be much smaller as well. Additionally, vanEck CEF Municipal has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of VanEck CEF to move above the current price in 90 days from now is about 88.92 (This VanEck CEF Municipal probability density function shows the probability of VanEck Etf to fall within a particular range of prices over 90 days) .
VanEck CEF Municipal Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. VanEck CEF market risk premium is the additional return an investor will receive from holding VanEck CEF long position in a well-diversified portfolio. 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. Although VanEck CEF's alpha and beta are two of the key measurements used to evaluate VanEck CEF's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.06) | |||
| Treynor Ratio | (0.07) |
VanEck CEF Against Markets
Picking the right benchmark for VanEck CEF etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in VanEck CEF etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for VanEck CEF is critical whether you are bullish or bearish towards VanEck CEF Municipal at a given time. Please also check how VanEck CEF's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in VanEck CEF without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy VanEck Etf?
Before investing in VanEck CEF, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in VanEck CEF. To buy VanEck CEF etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of VanEck CEF. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase VanEck CEF etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located VanEck CEF Municipal etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased VanEck CEF Municipal etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as VanEck CEF Municipal, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy VanEck Etf please use our How to Invest in VanEck CEF guide.
Already Invested in VanEck CEF Municipal?
The danger of trading VanEck CEF Municipal is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of VanEck CEF is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than VanEck CEF. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile VanEck CEF Municipal is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 tightly coupled with the direction of predictive economic indicators such as signals in american community survey. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
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.