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ETNMX

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1d
1w
1m

Analysis and statistics

  • Open
    14.7344$
  • Previous Close
    14.7344$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

ETNMX.US refers to the Eaton Vance TABS 5-to-15 Year Laddered Municipal Bond NextShares, a closed-end management investment company sponsored by Eaton Vance. This fund aims to provide current income exempt from federal income tax and is designed to invest in a portfolio of municipal bonds with maturities ranging from 5 to 15 years. The ticker symbol ETNMX.US is used to identify and track the fund's performance on financial markets. NextShares are a type of exchange-traded managed fund (ETMF) that utilizes a "tracking basket" instead of full transparency of holdings to protect proprietary investment strategies.
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Factors

Net Asset Value (NAV): The fund's price closely tracks its NAV, which reflects the underlying value of its Mexican stock holdings.

Supply and Demand: Market forces of buying and selling pressure impact the ETNMX.US share price.

Mexican Stock Market Performance: Overall trends and performance within the Mexican stock market influence the fund's value.

Economic Conditions in Mexico: Factors like GDP growth, inflation, and interest rates in Mexico affect investor sentiment and fund value.

Currency Fluctuations: The exchange rate between the US dollar and the Mexican peso can impact returns for US investors.

Investor Sentiment: General market sentiment towards emerging markets and Mexican equities influences demand for the fund.

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