VanEck CEF Muni Income ETF
XMPT
Market cap $211M

21.52 USD

-0.01

0.05%

At close Dec 20, 4:00 PM EST

1 day

-0.05%

5 days

-3.19%

1 month

-3.58%

3 months

-6.80%

6 months

-1.60%

Year to date

0.89%

1 year

0.89%

5 years

-21.86%

10 years

-17.71%

0

Funds holding %

of 6,809 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

4% less capital invested

Capital invested by funds: $149M [Q2] → $142M (-$6.58M) [Q3]

3.17% less ownership

Funds ownership: 64.11% [Q2] → 60.94% (-3.17%) [Q3]

7% less funds holding

Funds holding: 54 [Q2] → 50 (-4) [Q3]

11% less repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 18

44% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 9

50% less funds holding in top 10

Funds holding in top 10: 2 [Q2] → 1 (-1) [Q3]

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Research analyst outlook

We haven’t received any recent analyst ratings for XMPT.

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Financial journalist opinion

XMPT: An ETF Of Closed-End Funds With Good Yield

VanEck CEF Municipal Income ETF offers high tax-free yields by investing in closed-end funds focused on U.S. municipal bonds, leveraging unique discount opportunities. The XMPT ETF's 30-Day SEC Yield of 4.85% surpasses many competitors, driven by leverage and discounted CEF purchases, despite a higher expense ratio of 1.98%. The fund provides diversification across various municipal sectors, potential capital appreciation, and risk management, making it appealing for high-tax-bracket investors.

XMPT: An ETF Of Closed-End Funds With Good Yield

XMPT: Muni Bond CEFs Looking More Appealing

VanEck CEF Municipal Income ETF offers diversification in the municipal bond space through closed-end funds.

Passive Vs. Active ETFs Of CEFs

While ETFs are traditionally passive products, active opportunities in the broader ETF market have been growing significantly over the past few years. Active ETFs of CEFs have historically had lower distribution rates than their passive counterparts.

Passive Vs. Active ETFs Of CEFs

Passive vs. Active ETFs of CEFs

Closed-end funds (CEFs) are relatively under the radar compared to peers like exchange-traded funds (ETFs) and mutual funds. Closed-end funds are generally desirable for two reasons: 1) high income; and 2) premium/discount mechanism.

Passive vs. Active ETFs of CEFs

Nuveen High Yield Muni: Generational Opportunity In Muni CEFs

Municipal bond closed-end funds (CEFs) are recommended as a top trade idea for 2024, offering the potential for high total returns in a relatively safe asset class.

Nuveen High Yield Muni: Generational Opportunity In Muni CEFs

Income Investing Playbook 2024: Navigating the New Interest Rate Regime

Yields have reset higher across fixed income markets, leaving bonds well positioned in a range of different economic and interest rate scenarios in 2024. Introduction to Income Investing Income investing is a strategy that aims to generate a steady stream of income from investments, typically through interest payments or dividends.

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