Market Tracker

04/28 5:16pm ET

VanEck Vectors AMT-Free Long Municipal Index ETF (MLN)

19.60
Delayed Data
As of Apr 28
 -0.04 / -0.20%
Today’s Change
18.66
Today|||52-Week Range
21.18
+1.24%
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 Bloomberg Barclays AMT-Free Long Continuous Municipal Index. The fund normally invests at least 80% of its total assets in fixed income securities that comprise the index. The index is comprised of publicly traded municipal bonds that cover the U.S. dollar denominated long-term tax-exempt bond market.

4 Reasons Why Muni Bond ETFs Are Back in Favor
Apr 19 / Zacks.com - Paid Partner Content
Forget TIPs, Buy These Bond ETFs Instead
Apr 18 / Zacks.com - Paid Partner Content

Performance

1 month+0.67% 3 years+4.61%
3 months+1.85% 5 years+3.68%
1 year-0.93% Since inception+3.93%
Data through 04/29/2017

Quote Details

Previous close$19.64
Open day’s range19.58 – 19.65
Net asset value (NAV)19.63 (04/28/2017)
Daily volume9,226
Average volume (3 months)73,040
Data as of 3:59pm ET, 04/28/2017

Peer Comparisonvs. Muni national long ETFs

 MLNCategory
Performance 5-yr return+3.68%+3.27%
Expense Gross exp ratio0.24%0.90%
Risk 5 year sharpe ratio0.600.74
Net assets$149.3M$1.7B
Average market cap--$23.4B
Average P/E--9.6
Dividend / Share--0.03%

Competitors

TFI SPDR┬« Nuveen Bloomberg Barclays Municip...
PZA PowerShares National AMT-Free Municipal ...
RVNU Deutsche X-trackers Municipal Infrastruc...

Holdings

Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- 0.91%
-- 0.90%
-- 0.86%
-- 0.84%
-- 0.80%
-- 0.80%
-- 0.78%
-- 0.76%
-- 0.72%
-- 0.72%