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MLN - VanEck Vectors AMT-Free Long Municipal Index ETF

Stock Price: $21.70 USD -0.02 (-0.09%)
Updated Apr 21, 2021 4:00 PM EDT - Market closed
Assets $227.96M
NAV $21.71
Expense Ratio 0.24%
PE Ratio n/a
Beta (5Y) 0.04
Dividend (ttm) $0.57
Dividend Yield 2.61%
Ex-Dividend Date Apr 1, 2021
1-Year Return -
Trading Day April 21
Last Price $21.70
Previous Close $21.72
Change ($) -0.02
Change (%) -0.09%
Day's Open 21.69
Day's Range 21.69 - 21.72
Day's Volume 25,095
52-Week Range 19.14 - 21.98

Fund Description

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.

Asset Class
Fixed Income
Sector
Non-Taxable Bonds
Region
North America
Inception Date
Jan 2, 2008
Exchange
BATS
Ticker Symbol
MLN
Index Tracked
Bloomberg Barclays AMT-Free Long Continuous Municipal Index

Top 10 Holdings

6.55% of assets
NameSymbolWeight
NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 4%n/a0.93%
AUSTIN TEX ELEC UTIL SYS REV 5%n/a0.77%
CALIFORNIA CNTY CALIF TOB SECURITIZATION AGY TOB SETTLEMENT REV 4%n/a0.70%
FRANKLIN CNTY OHIO HOSP REV 5%n/a0.65%
Us DollarSINA0.63%
METROPOLITAN TRANSN AUTH N Y REV 4%n/a0.61%
PENNSYLVANIA ST CTFS PARTN 4%n/a0.58%
NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 4%n/a0.58%
NEW YORK N Y 5%n/a0.55%
NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 5%n/a0.55%
View More Holdings

Dividends

Ex-DividendAmountPay Date
Apr 1, 2021$0.0449Apr 8, 2021
Mar 1, 2021$0.0358Mar 5, 2021
Feb 1, 2021$0.0409Feb 5, 2021
Dec 29, 2020$0.0441Jan 5, 2021
Dec 1, 2020$0.0422Dec 7, 2020
Nov 2, 2020$0.0458Nov 6, 2020
Full Dividend History

News

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The tax hike talks, improving U.S. economic growth, high yields and chances of issuances of build back America bonds may help muni bond ETFs in the near term.

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2 weeks ago - Zacks Investment Research

Commodities don't have the panache of most equities but it's an opportunity investors can consider when it comes to investing in needs versus wants. In the case of water, something the world obviously n...

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5 months ago - ETF Trends

The Rareview Tax Advantaged Income ETF looks to offer total return with an emphasis on providing current income, a substantial portion of which will be exempt from federal income taxes.

Other tickers mentioned: ITM, SHYD
5 months ago - Zacks Investment Research

Muni bonds are on their way to record the best month since 2009. These ETFs won the most past month.

Other tickers mentioned: ITM, PZA, SHYD, TFI
10 months ago - Zacks Investment Research

As the municipal bond market continues to struggle, with states continuing to incur massive debt as the coronavirus ravages the economy, members of the House Municipal Finance Caucus are pressuring the ...

Other tickers mentioned: RVNU
11 months ago - ETF Trends

The U.S. Federal Reserve is stepping in to toss a life preserve to the bond markets, including corporate debt and high yield, but few may have seen municipal bonds seeking help.

Other tickers mentioned: FLMB, RVNU
1 year ago - ETF Trends

It almost seems like “safe haven bonds” has become a misnomer. Some of the safest debt, such as municipal bonds, are now causing its issuers to ask for help from the Federal Reserve amid the coronavirus...

Other tickers mentioned: FLMB, RVNU
1 year ago - ETF Trends

In the U.S. bond markets, municipal debt is seen as some of the most stable given that they’re backed by local governments albeit at lower-than-junk yields as most would expect.

Other tickers mentioned: FLMB, HYMB, RVNU
1 year ago - ETF Trends

Even safe haven assets are feeling the pangs of the coronavirus-filled capital markets. Take municipal bonds for example–muni bond funds haven’t been immune to the coronavirus contagion, but on the plus...

Other tickers mentioned: FLMB, RVNU
1 year ago - ETF Trends

Investors looking for income and some shelter from recent equity market volatility may want to consider municipal bonds and it appears some as a slew of related ETFs hit all-time highs on a rough day fo...

Other tickers mentioned: ITM, MAAX
1 year ago - ETF Trends

Sustainable investing is much more than a new buzz phrase in the investment community.

Other tickers mentioned: GRNB, HYD, ITM, SHYD
1 year ago - ETF Trends

There is growing support among Americans for wealth tax imposition. What would it bring for muni bond ETFs?

Other tickers mentioned: FLMB, FMHI, ITM, RVNU
1 year ago - Zacks Investment Research

2019 was a strong year of performance for bonds, particularly fixed income ETFs, which saw notable interest during times of heavy volatility. The municipal bond market also made out well, hitting over t...

Other tickers mentioned: FLMB, RVNU
1 year ago - ETF Trends

The 40% allocation into bonds has proven to be a challenge given that Treasury note yields have gone to basement-low levels.

Other tickers mentioned: FLMB, RVNU
1 year ago - ETF Trends

Treasury yields have been ticking higher with the major indexes in the equities market notching record highs.

Other tickers mentioned: FLMB, HYMB, RVNU
1 year ago - ETF Trends

Democratic presidential candidates are pitching for tax hikes in some way or the other. This should keep the winning momentum alive for muni bond ETFs.

Other tickers mentioned: FLMI, FMHI, PZA, SHYD
1 year ago - Zacks Investment Research

Municipal bonds are often viewed as low-risk investments and some market observers believe risk in the muni market is currently benign, potentially setting up opportunities with ETFs, such as the VanEck...

Other tickers mentioned: HYD, ITM, SHYD, MAAX
1 year ago - ETF Trends