VMO Price Forecast & CEF Analysis. Distribution · NAV · Discount · Expense Ratio · RSI · MACD | US Stocks Today
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💰 A US municipal bond closed-end fund (CEF) managed by Invesco, this is an income-oriented product that invests in investment-grade municipal bonds exempt from federal income tax and utilizes leverage to pay monthly distributions; it is sensitive to interest rate changes.
Against the value of what the fund holds it is 3.5% cheaper.
Its holdings are worth $9.30 per share, but it trades at $8.97. That is close to its past-year average (2.9% below value).
Over the past 1 year, roughly in the middle
11% below its 1-year high.
Traded less than usual. That is 52% of its average volume.
Holding long would have lost money
Bought 5 years ago, your return today would be -34.4%. The S&P 500 did +62% over the same period.
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Dividends are paid consistently
Pays 8.30% annually in dividends.
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Ownership is about average
Institutions hold 24.8%.
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Multiple ETFs hold this stock, but only a sliver
Buying this ETF gives you exposure to this stock as well.
It ranks #591 of 1436 in the industry
Based on market cap of $604M.
FAQ
What kind of CEF is VMO?
VMO is a closed-end fund (CEF).
What is the distribution yield of VMO?
VMO's distribution yield is approximately 8.30%, paid out on a regular basis.
What is the 52-week high and low for VMO?
VMO has recorded a 52-week high of $10.10 and a low of $8.12.