Industry description
The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the S-Network Municipal Bond Closed-End Fund IndexSM (the "CEFMX Index").
The fund normally invests at least 80% of its total assets in investments the income from which is exempt from U.S. federal income tax (other than federal alternative minimum tax). It normally invests at least 80% of its total assets in securities of issuers that comprise the fund's benchmark index. The CEFMX Index is comprised of shares of U.S.-listed closed-end funds.
Volume
The average weekly volume growth across all stocks in the VanEck CEF Municipal Income ETF ETF was 12%. For the same stocks of the ETF, the average monthly volume growth was -5% and the average quarterly volume growth was -28%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 56
P/E Growth Rating: 58
Price Growth Rating: 54
SMR Rating: 32
Profit Risk Rating: 62
Seasonality Score: -57 (-100 ... +100)