Market Tracker

09/01 6:05pm ET

Market Vectors® Long Municipal Index ETF (MLN)

19.58
Data as of Aug 29
 -0.0759 / -0.39%
Today’s Change
16.80
Today|||52-Week Range
19.70
+11.65%
Year-to-Date
MLN Regular Dividend: MLN will begin trading ex-dividend on 09/02/14 with a $0.0622 dividend payable to shareholders of record as of 09/04/14.

Investment Objective

The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Barclays AMT-Free Long Continuous Municipal Index (the "Long Index"). The fund normally invests at least 80% of its total assets in fixed income securities that comprise the Long Index. The Long Index is comprised of publicly traded municipal bonds that cover the U.S. dollar denominated long-term tax-exempt bond market. The fund is non-diversified.

No recent news for Market Vectors® Long Municipal Index ETF.

Performance

1 month+1.89% 3 years+6.25%
3 months+1.98% 5 years+6.34%
1 year+17.02% Since inception+4.12%
Data through 08/30/2014

Quote Details

Previous close$19.66
Open day’s range19.56 – 19.66
Net asset value (NAV)19.57 (08/29/2014)
Daily volume15,720
Average volume (3 months)23,790
Data as of 3:36pm ET, 08/29/2014

Peer Comparisonvs. Muni national long ETFs

 MLNCategory
Performance 5-yr return+6.34%+6.25%
Expense Gross exp ratio0.24%0.54%
Risk 5 year sharpe ratio0.880.97
Net assets$79.6M$365.8M
Average market cap--$28.0B
Average P/E----
Dividend / Share--0.09%

Competitors

TFI SPDR Nuveen Barclays Municipal Bond ETF
PZA PowerShares National AMT-Free Municipal ...

Holdings

Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- Tampa Fla Health Sys Rev Rev Bds 5%1.74%
-- New York Liberty Dev Corp Libe Lib 5.75%1.62%
-- New Jersey St Transn Tr Fd Aut Trans 5%1.47%
-- Ohio St Higher Edl Fac Commn R Hosp 5%1.38%
-- Lower Colo Riv Auth 5%1.37%
-- Metropolitan Transn Auth 3.5%1.22%
-- Illinois Fin Auth 4%1.22%
-- Arizona Health Facs Auth 3.75%1.18%
-- Oregon St For Issues Dtd Prior Go Bds 5%1.14%
-- Miami-Dade Cnty Fla Tran Sys S Sales 5%1.10%