MLN

VanEck Vectors AMT-Free Long Municipal Index ETF
C

75
*Unless otherwise stated, data provided by FactSet.

MLN Fund Description

MLN tracks a market-weighted index of tax-exempt municipal bonds issued within the last 5 years with nominal maturities of at least 17 years.

MLN Factset Analytics Insight

MLN is one of the few funds to focus exclusively on AMT-free, long-dated municipal bonds, while still attempting to capture a full range of issuers and market sectors. MLN fits our segment benchmark very well since it tracks the same index. Trading volume is modest and spreads can be considerable. The weak liquidity of the underlying muni space will also raise costs for institutional investors. MLN's expense ratio is reasonable, but it tends to lag its index by more than its listed fee, so holding costs may be a concern here. All that said, MLN does a decent job of filling a very particular niche.

MLN CHARTS AND PERFORMANCE

Price Chart ($)
Total Return Chart (%)
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
RESET
Select ETFs to compare their performance:
PERFORMANCE [as of 01/18/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
MLN 0.73% 3.61% 0% 0.51% 2.04% 4.79% 5.31%
MLN (NAV) 0.93% 3.29% 0.14% 0.27% 2.24% 4.86% 5.38%
Bloomberg Barclays AMT-Free Long Continuous Municipal Index 0.88% 3.21% 0.07% 1.11% 2.77% 5.49% 5.38%
Bloomberg Barclays AMT-Free Long Continuous Municipal Index 0.88% 3.21% 0.07% 1.11% 2.77% 5.49% 6.34%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

MLN Top 10 Countries [View All]

MLN Top 10 Sectors

MLN Top 10 Holdings [View All]

MLN Summary Data

VanEck
01/02/08
Open-Ended Fund
0.24%
$133.68M
$1.12M
0.24%

MLN Portfolio Data

9.53
23.88 years
3.98%
02/01/19
611

MLN Index Data

Market Value
AMT-Free
Bloomberg Barclays AMT-Free Long Continuous Municipal Index

MLN Portfolio Management

0.24%
-0.59%
-0.16%
-1.05%

MLN Tax Exposures

20.00% / 39.60%
--
Ordinary income
No

MLN Fund Structure

Open-Ended Fund
No
No
100% / 0%
N/A
N/A
Low
Daily
Bats Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

MLN Factset Analytics Block Liquidity

As of 01/22/19
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of MLN. MLN is rated a 2 out of 5.

MLN Tradability

57,814
$1.12M
30,007
$584.23K
0.24%
$0.05
-0.33%
0.27% / -1.26%
None
100.00%
50,000
0.60
0.05%
--
--
$19.65
2

MLN Sector/Industry Breakdown


MLN
Segment Benchmark
78.60%
68.96%
19.64%
28.91%
1.33%
2.13%
0.43%
0.00%

MLN Top 10 Holdings[View All]

0.99%
0.79%
0.64%
0.63%
0.62%
0.53%
0.51%
0.50%
0.50%
0.49%
6.2%

MLN Top 5 Countries


MLN
Segment Benchmark
18.65%
17.50%
15.40%
15.72%
10.60%
10.03%
5.05%
4.17%
4.80%
3.72%

MLN Top 5 Currencies


MLN
Segment Benchmark
100.00%
100.00%

MLN Economic Development


MLN
Segment Benchmark
98.43%
97.87%
1.56%
2.11%

MLN Performance Statistics

1.00
1.00
--
--
--

MLN HOLDINGS STATISTICS


MLN
Segment Benchmark
23.88 years
14.36 years
9.53
7.04
0.08
0.12
5.97
3.36
3.98%
3.74%
9.51
7.02
Low
--
611
10206
A+
N/A

MLN MATURITY DISTRIBUTION


MLN
Segment Benchmark
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
99.57%
100.00%

MLN CREDIT BREAKDOWN


MLN
Segment Benchmark
11.30%
13.36%
49.31%
53.72%
31.28%
25.46%
7.69%
7.32%
0.00%
0.09%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%