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

BATS: MLN · IEX Real-Time Price · USD
18.34
0.26 (1.44%)
May 25, 2022 12:42 PM EDT - Market open
Assets$216.44M
NAV$18.42
Expense Ratio0.24%
PE Ration/a
Shares Out11.75M
Dividend (ttm)$0.53
Dividend Yield2.88%
Ex-Dividend DateMay 2, 2022
1-Year Return-15.64%
Volume51,337
Open19.75
Previous Close18.08
Day's Range18.30 - 18.35
52-Week Low19.62
52-Week High22.17
Beta0.07
Holdings470
Inception DateJan 2, 2008

About MLN

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 ClassFixed Income
SectorNon-Taxable Bonds
RegionNorth America
IssuerVan Eck Associates
Stock ExchangeBATS
Ticker SymbolMLN
Index TrackedBloomberg Barclays AMT-Free Long Continuous Municipal Index

Top 10 Holdings

6.37% of assets
NameSymbolWeight
NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 4%NY NYCGEN 4 05.01.20400.85%
TRIBOROUGH BRDG & TUNL AUTH NY REVS 5%NY TRBTRN 5 11.15.20490.77%
AUSTIN TEX ELEC UTIL SYS REV 5%TX AUSPWR 5 11.15.20490.71%
METROPOLITAN WTR DIST SOUTHN CALIF WTRWRKS REV 5%CA METWTR 5 10.01.20400.64%
CALIFORNIA CNTY CALIF TOB SECURITIZATION AGY TOB SETTLEMENT REV 4%CA CASGEN 4 06.01.20490.61%
NEW JERSEY ST TPK AUTH TPK REV 4%NJ NJSTRN 4 01.01.20480.60%
METROPOLITAN TRANSN AUTH N Y REV 4%NY MTATRN 4 11.15.20420.55%
FRANKLIN CNTY OHIO HOSP REV 5%OH FRAMED 5 11.01.20480.55%
NEW YORK LIBERTY DEV CORP LIBERTY REV 3%NY NYCDEV 3 11.15.20510.55%
NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 4%NY NYCGEN 4 11.01.20420.53%
View More Holdings

Dividends

Ex-DividendAmountPay Date
May 2, 2022$0.0379May 6, 2022
Apr 1, 2022$0.0369Apr 7, 2022
Mar 1, 2022$0.0325Mar 7, 2022
Feb 1, 2022$0.0383Feb 7, 2022
Dec 29, 2021$0.1084Dec 31, 2021
Dec 1, 2021$0.0364Dec 7, 2021
Full Dividend History

News

Muni Carnage Could Create Opportunity

Municipal bonds and the related exchange traded funds are languishing as interest rates rise, but a silver lining could materialize. While the first four months of 2022 have been rough on munis, some ma...

Other symbols:HYDMAAXSHYD
3 weeks ago - ETF Trends

VanEck to Transition Underlying Indexes for Several of Its Municipal Bond ETFs

NEW YORK--(BUSINESS WIRE)--VanEck announces plans to change underlying indexes tracked by some of the firm's municipal bond ETFs to new indexes from ICE Data Indices (“ICE”)

Other symbols:HYDITMSHYDSMB
5 months ago - Business Wire

Municipal Bonds: Going Long on Duration, High on Income

Fixed income investors willing to step out farther on the yield curve can achieve higher-yielding benefits with assets like the VanEck Vectors Long Muni ETF (MLN). The muni debt markets offers attractiv...

1 year ago - ETF Trends

4 Factors Why Muni Bond ETFs Could Rally

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.

Other symbols:FMHIMUSTSHYD
1 year ago - Zacks Investment Research

Clean Water Initiatives Are Vital for Infrastructure ETFs

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...

Other symbols:FLMBRVNU
1 year ago - ETF Trends

New Tax-Advantaged Income ETF to Play If Blue Sweep Hits Market

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 symbols:ITMSHYD
1 year ago - Zacks Investment Research

Muni Bonds on Track for Best Month Since 2009: ETF Winners

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

Other symbols:ITMPZASHYDTFI
1 year ago - Zacks Investment Research

Two ETFs Largely Unchanged Monday As Muni Bond Caucus Seeks Help

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 symbols:RVNU
2 years ago - ETF Trends

Can the Municipal Bond Market Weather the Coronavirus Storm?

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 symbols:FLMBRVNU
2 years ago - ETF Trends

3 ETFs to Consider as Fed Steps in to Save Municipal Bonds

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 symbols:FLMBRVNU
2 years ago - ETF Trends

The Coronavirus is Bringing Some Unforeseen Volatility to Munis

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 symbols:FLMBHYMBRVNU
2 years ago - ETF Trends

Show Me the Muni (Bond ETFs), Here’s 3

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 symbols:FLMBRVNU
2 years ago - ETF Trends

A Good Place to Hide Out in Rough Markets

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 symbols:ITMMAAX
2 years ago - ETF Trends

Sustainable Investing Is Coming to Municipal Bond ETFs

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

Other symbols:GRNBHYDITMSHYD
2 years ago - ETF Trends

Tax-the-Rich Slogan Not to Help Muni Bond ETFs Much

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

Other symbols:FLMBFMHIITMRVNU
2 years ago - Zacks Investment Research

Municipal Bond Market Eclipses the $400B Mark in 2019

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 symbols:FLMBRVNU
2 years ago - ETF Trends

Is the 60-40 Stocks-Bonds Split Dying Off?

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

Other symbols:FLMBRVNU
2 years ago - ETF Trends

Municipal Bond Activity Rises in November

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

Other symbols:FLMBHYMBRVNU
2 years ago - ETF Trends

Democrats Favoring Tax Hikes: Muni Bond ETFs to Soar?

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 symbols:FLMIFMHIPZASHYD
2 years ago - Zacks Investment Research

For Conservative Investors, Municipal Bonds Still Make Sense

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 symbols:HYDITMSHYDMAAX
2 years ago - ETF Trends