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CMVYX

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1d
1w
1m

Analysis and statistics

  • Open
    14.3325$
  • Previous Close
    14.3325$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

CMVYX.US represents Calvert Municipal Bond Fund Class Y. This is a mutual fund offered by Calvert Research and Management, a subsidiary of Morgan Stanley Investment Management. The fund invests primarily in investment-grade municipal securities, aiming to provide current income exempt from federal income tax (although it may be subject to state and local taxes, and the Alternative Minimum Tax for some investors). The fund's performance is influenced by factors such as interest rate movements and the credit quality of the municipal bonds it holds. Investors in CMVYX.US typically seek tax-advantaged income and a degree of capital preservation.
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Factors

Expense Ratio: Higher expenses reduce returns, lowering the fund's net asset value.

Market Interest Rates: Rising rates can decrease bond values held by CMVYX.

Credit Risk: Downgrades of bonds in the portfolio reduce the fund's price.

Inflation Expectations: Higher inflation can erode bond values, impacting CMVYX.

Fund Manager Skill: Expertise in bond selection affects performance and value.

Economic Growth: Stronger growth may reduce bond demand, lowering prices.

Liquidity: Lower liquidity of bonds held increases risk and reduces NAV.

Fund Size: Larger funds face challenges deploying capital effectively.

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