Market Vectors Long Municipal Index ETF (MLN)
| 18.78 Data as of 3:59pm ET |  -0.02 / -0.11%Today’s Change | 18.59 Today|||52-Week Range 20.93 | -6.66% Year-to-Date |
Investment Objective
The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Barclay Capital AMT-Free Long Continuous Municipal index. The fund normally invests at least 80% of 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. It may concentrate its investments in a particular industry or group of industries to the extent that the Long Index concentrates in an industry or group of industries. The fund is non-diversified.
Latest MLN News
Performance
| 1 month | -4.40% | 3 years | +5.96% | |
| 3 months | -2.63% | 5 years | +4.72% | |
| 1 year | +1.18% | Since inception | +3.76% |
Data through 06/18/2013
Quote Details
| Previous close | $18.80 |
| Open day’s range | 18.72 – 18.82 |
| Net asset value (NAV) | 19.22 (06/17/2013) |
| Daily volume | 70,930 |
| Average volume (3 months) | 55,694 |
Data as of 3:59pm ET, 06/18/2013
Peer Comparisonvs. Muni national long ETFs
| MLN | Category | |
|---|---|---|
| Performance 5-yr return | +4.72% | +6.03% |
| Expense Gross exp ratio | 0.24% | 0.25% |
| Risk 5 year sharpe ratio | 0.62 | 0.78 |
| Net assets | $117.9M | $770.4M |
| Average market cap | -- | $336.0M |
| Average P/E | -- | -- |
| Dividend / Share | -- | 0.09% |
Competitors
Holdings
Top 5 SectorsPortfolio weighting
| Business service | -- |
| Consumer goods | -- |
| Consumer service | -- |
| Energy | -- |
| Financial service | -- |
Top 10 HoldingsPortfolio weighting
| -- California St Var Purp 3.5% | 2.62% |
| -- New York St Twy Auth 5% | 1.86% |
| -- Puerto Rico Sales Tax Fing Cor Rev Bd 5% | 1.81% |
| -- California Health Facs Fing Au Rev 4.5% | 1.80% |
| -- Washington St Fuel Tax 3% | 1.74% |
| -- Westmoreland Cnty Pa Mun Auth 5% | 1.68% |
| -- Monroeville Pa Fin Auth 5% | 1.67% |
| -- North Carolina Med Care Commn Ref Rev 5% | 1.67% |
| -- Nassau Cnty N Y Go Bds 4% | 1.65% |
| -- Pennsylvania St Tpk Commn Tpk Rev B 5.3% | 1.62% |