Aggregated price index with volume information
Summary:
- Municipals Funds stocks down -0.0% on average while median return down -0.1% in a day
- Municipals Funds stocks down 0.6% on average while median return down 0.7% in a week
- Municipals Funds stocks down 2.9% on average while median return down 3.2% 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.
- 1M winners are : Winners for past month are $KSM 5.7%, $KTF 3.6%, $PVI 0.2%
- 1M losers are : Losers for past month are $MVT -4.6%, $VMO -4.8%, $PMF -5.3%, $MQT -5.7%, $OIA -5.9%
- 1W winners are : Winners for past week are $PCK 2.1%, $NIM 0.6%, $NXP 0.6%, $NUV 0.5%, $FMN 0.4%
- 1W losers are : Losers for past week are $MYD -1.6%, $MMU -1.7%, $VMO -1.8%, $MQY -1.8%, $NMZ -2.0%
Correlation Analysis
Index correlation analysis
Correlation for the past month is 40.2%, for the past 3 months is 50.5%
In the past month for a 5 days rolling window, the highest corrrelation is 68.9%, the lowest correlation is 26.0%, the latest correlation is 50.4%
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 95.8% between KSM and KTF
The lowest correlation is -64.3% between BKN and FMB
BOSTON, April 19, 2024--The Trustees of The Putnam Funds have declared the following distributions.
NEW YORK, April 19, 2024--Category: Corporate Action
NEW YORK, April 17, 2024 (GLOBE NEWSWIRE) -- PIMCO California Municipal Income Fund (NYSE: PCQ), PIMCO California Municipal Income Fund II (NYSE: PCK), PIMCO California Municipal Income Fund III (NYSE: PZC), PIMCO Municipal Income Fund (NYSE: PMF), PIMCO Municipal Income Fund II (NYSE: PML), PIMCO Municipal Income Fund III (NYSE: PMX), PIMCO New York Municipal Income Fund (NYSE: PNF), PIMCO New York Municipal Income Fund II (NYSE: PNI) and PIMCO New York Municipal Income Fund III (NYSE: PYN) (ea
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 March 31, 2024, is now available in the Products section of FederatedHermes.com/us. To order hard copies of this data or to be placed on a mailing list, call 800-245-0242 x5587538, email CEinfo@federatedhermes.com or write to Federated Hermes, 1001 Liberty Avenue, Floor 23, Pit
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).
BOSTON, April 10, 2024--The 19(a) monthly distribution notices for Putnam Managed Municipal Income Trust (NYSE: PMM) and Putnam Municipal Opportunities Trust (NYSE: PMO) are now available. These informational notices provide further details on the sources of the funds’ monthly distributions and follow the most recent distribution announcement.
PHILADELPHIA, PA / ACCESSWIRE / April 9, 2024 / The following abrdn U.S. Closed-End Funds (NYSE:ACP, AGD, AOD, ASGI, AWP, THQ, THW and NYSE American:AEF, FAX, FCO, VFL), announced today that the closed end funds in the chart directly below will pay ...
NEW YORK, April 08, 2024--The DWS closed-end funds listed below (each, a "Fund") announced today their regular monthly distributions.
WEST PALM BEACH, Fla., April 01, 2024--In accordance with the RiverNorth closed-end funds (the "Funds") level distribution policies, the Funds have declared distributions for April, May and June 2024, as detailed below.
BOSTON, April 01, 2024--The following Eaton Vance closed-end funds (the "Funds") announced distributions today as detailed below.