Market Tracker

04/23 6:44am ET

Market Vectors Long Municipal Index ETF (MLN)

18.89
Data as of Apr 22
 +0.0187 / +0.10%
Today’s Change
16.80
Today|||52-Week Range
20.30
+7.70%
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 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.

Performance

1 month+1.86% 3 years+7.54%
3 months+4.39% 5 years+6.10%
1 year-2.36% Since inception+3.56%
Data through 04/23/2014

Quote Details

Previous close$18.87
Open day’s range-- – --
Net asset value (NAV)18.90 (04/22/2014)
Daily volume3,934
Average volume (3 months)29,142
Data as of 04/22/2014

Peer Comparisonvs. Muni national long ETFs

 MLNCategory
Performance 5-yr return+6.10%+6.14%
Expense Gross exp ratio0.24%0.26%
Risk 5 year sharpe ratio0.900.96
Net assets$75.9M$413.7M
Average market cap--$288.3M
Average P/E----
Dividend / Share--0.08%

Competitors

TFI SPDR Nuveen Barclays Capital Municipal B...
PZA PowerShares Insured National Municipal B...

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%1.76%
-- New York Liberty Dev Corp Libe Lib 5.75%1.67%
-- New Jersey St Transn Tr Fd Aut Trans 5%1.52%
-- Ohio St Higher Edl Fac Commn R Hosp 5%1.42%
-- Lower Colo Riv Auth 5%1.38%
-- Metropolitan Transn Auth 3.5%1.21%
-- Oregon St For Issues Dtd Prior Go Bds 5%1.17%
-- Arizona Health Facs Auth 3.75%1.16%
-- Illinois Fin Auth 4%1.13%
-- Puerto Rico Sales Tax Fing Cor Sal 5.25%1.13%