MAAX
VanEck Muni Allocation ETFMAAX Fund Description
MAAX is an actively managed fund-of-funds investing in US municipal securities of various maturities.
MAAX Factset Analytics Insight
MAAX is a muni bond-focused ETF using a fund-of-funds structure to achieve its goal. The fund’s primary objective is to invest in USD-denominated municipal bonds that are exempt from US income federal tax through investments, mainly in VanEck funds. MAAX could still invest in unaffiliated ETPs that may include other ETFs and closed-end funds. The issuer implements what it calls a Municipal Allocation Model, which utilizes various indicators to identify periods of credit and duration risk, such as market prices and trends, volatility, yield spreads, and relative yield ratios. The model typically adjusts its allocation signals monthly. MAAX is actively managed and will include both investment-grade and high-yield bonds of various maturities.
MAAX Summary Data
MAAX Portfolio Data
MAAX Index Data
MAAX Portfolio Management
MAAX Tax Exposures
MAAX Fund Structure
MAAX Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of MAAX. MAAX is rated a N/A out of 5.
MAAX Tradability
MAAX Top 10 Holdings[View All]
MAAX Performance Statistics
MAAX Holdings Statistics
MAAX Avg Life Maturity Distribution
MAAX OAS Breakdown
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