Aggregated price index
Aggregated price index with volume information
Summary:
- Municipals Funds stocks down 0.0% on average while median return down -0.0% in a day
- Municipals Funds stocks down 1.4% on average while median return down 1.4% in a week
- Municipals Funds stocks down 3.2% on average while median return down 3.6% in a month
- When average return is significantly different from median return, this implies an asymmetry - composite return is driven by some outliners.
Aggregated price index (close) is based on equal weighted constituencies returns. Average short volume and average total volumes are averaged across all volume data among constituencies.
Click on + to show price series and click on ticker for stock detail page
* P/E and MarketCap are refreshed daily using IEX Cloud service. P/B, P/S, PEG, growth, short%, HelbyInstitute are refreshed weekly using Yahoo feeds. For latest stock stats please visit Yahoo Finance.
* Price Patter: / is upward trend, \ is downward trend, - is sideway. Click on the ticker to go to stock page to see Bayesian Trend model plot of the time series.
* Channel and change points are derived from Bayesian Trend model, where the channel slope is the growth rate while change points are those the model partition the time series.
- 1M winners are : Winners for past month are $EOT 0.1%, $NMI 0.1%
- 1M losers are : Losers for past month are $OIA -5.8%, $BYM -6.0%, $PCK -6.3%, $PMM -7.9%, $RMI -8.2%
- 1W winners are : Winners for past week are $NMI 1.3%, $EOT 0.9%, $MMD 0.7%, $PMF 0.1%
- 1W losers are : Losers for past week are $CXE -2.9%, $MNP -3.0%, $PMX -3.3%, $PMM -5.1%, $RMI -6.3%
Correlation Analysis
Index correlation analysis
Correlation for the past month is 44.1%, for the past 3 months is 40.3%
In the past month for a 5 days rolling window, the highest corrrelation is 64.9%, the lowest correlation is 6.4%, the latest correlation is 54.8%
When a correlation deviated from the normal level and goes lower or even negative, it indicates some of stocks have deviated from the normal direction of the group. The deviation could reverse if long term level of correlation was at a higher level. It creates trading opportunities and deserves study whether the deviation is idiosyncratic or systematic.
Among pairwise correlation, the highest correlation is 91.2% between DMF and MNP
The lowest correlation is -19.7% between DTF and FMN
Stock news
AllianceBernstein National Municipal Income Fund, Inc.[NYSE: AFB] (the "Fund") today released its monthly portfolio update as of April 30, 2023.
The AllianceBernstein Closed-End Funds declared the following distributions today:
NEW YORK, May 19, 2023--DWS Municipal Income Trust (NYSE: KTF) and DWS Strategic Municipal Income Trust (NYSE: KSM) (each, a "Fund," and, collectively, the "Funds") announced that the Annual Meeting of Shareholders for each Fund will be held on September 15, 2023 at the offices of DWS Investment Management Americas, Inc., 875 Third Avenue, New York, NY 10022. Holders of record of common shares and preferred shares of the Funds at the close of business on July 28, 2023 are entitled to vote at the
Federated Hermes, Inc. (NYSE: FHI), a global leader in active, responsible investing, today announced that monthly fund composition and performance data for Federated Hermes Premier Municipal Income Fund (NYSE: FMN) as of April 30, 2023, is now available in the Products section of FederatedInvestors.com. To order hard copies of this data or to be placed on a mailing list, call 800-245-0242 x5587538, email CEinfo@federatedinv.com or write to Federated Hermes, 1001 Liberty Avenue, Floor 23, Pittsb
Federated Hermes Premier Municipal Income Fund (NYSE: FMN) has declared a dividend. The fund seeks to provide investors with current dividend income that is exempt from regular federal income tax. In addition, this fund features income exempt from the federal alternative minimum tax (AMT).
NEW YORK, May 05, 2023--The DWS closed-end funds listed below announced today their regular monthly distributions.
PHILADELPHIA, May 03, 2023--Today, Delaware Investments National Municipal Income Fund (NYSE American: VFL) (the "National Muni Fund") a New York Stock Exchange–listed closed-end fund trading under the symbol "VFL," declared a monthly distribution of $0.0450 per share. The monthly distribution is payable May 26, 2023, to shareholders of record at the close of business on May 19, 2023. The ex-dividend date will be May 18, 2023.
NEW YORK, May 02, 2023--BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE: DMB) today announced a distribution of $0.0400 per share of common stock, payable on June 1, 2023 to shareholders of record at the close of business on May 17, 2023. The ex-dividend date is May 16, 2023. The previous distribution announced in April was $0.0400 per share of common stock.
CHICAGO, May 02, 2023--DTF Tax-Free Income 2028 Term Fund Inc. (NYSE: DTF) (the "Fund"), a closed-end fund advised by Duff & Phelps Investment Management Co. (the "Investment Adviser"), today announced that Dusty L. Self will become the sole portfolio manager of the Fund when co-portfolio manager Ronald H. Schwartz, CFA, retires effective on June 15, 2023.
NEW YORK, May 01, 2023--Certain BlackRock closed-end funds (the "Funds") announced distributions today as detailed below.