November 23, 2016 - By Ellis Scott · 0 Comments
Nov 23 is a negative day so far for VanEck Vectors AMT-Free Long Muni ETF (NYSEARCA:MLN) as the ETF is active during the day after losing 0.31% to hit $19.19 per share. The exchange traded fund has 172.76M net assets and 0.46% volatility this month.
Over the course of the day 7,953 shares traded hands, as compared to an average volume of 48,660 over the last 30 days for VanEck Vectors AMT-Free Long Muni ETF (NYSEARCA:MLN).
The ETF is -6.47% of its 52-Week High and 2.01% of its low, and is currently having ATR of 0.11. This year’s performance is -0.55% while this quarter’s performance is -5.12%.
The ETF’s YTD performance is 4.59%, the 1 year is 6.96% and the 3 year is 7.74%.
The fund’s top holdings are: Univ Colo Hosp Auth 5% for 0.80% of assets, New Jersey St Tpk Auth 5% for 0.80%, California St For Previous Iss Go Bds 5% for 0.78%, Central Plains Engy Proj Neb Gas Proj 5% for 0.77%, New York N Y City Transitional Future 3% for 0.76%, Northeast Ohio Regl Swr Dist 5% for 0.75%, Tampa Fla Health Sys Rev Rev Bds 5% for 0.73%, Texas Transn Commn Cent Tex Tp First 5% for 0.71%, Miami-Dade Cnty Fla Tran Sys S Sales 5% for 0.70%, Metropolitan Transn Auth 5% for 0.70%.
More notable recent Market Vectors Long Municipal Index(ETF) (NYSEARCA:MLN) news were published by: Businesswire.com which released: “VanEck Global Announces Market Vectors ETFs February 2016 Distributions” on February 29, 2016, also Benzinga.com with their article: “Muni Bond ETFs And Retirees: A Match Made In Heaven?” published on May 17, 2012, Marketwatch.com published: “Opinion: 7 muni-bond ETFs that stay on track” on April 04, 2015. More interesting news about Market Vectors Long Municipal Index(ETF) (NYSEARCA:MLN) were released by: Etftrends.com and their article: “Low Yields Haven’t Deterred Muni Bond ETF Investors” published on March 29, 2016 as well as Nasdaq.com‘s news article titled: “Is 2015 The Year for Municipal Bond ETFs? – ETF News And Commentary” with publication date: January 09, 2015.
Market Vectors Long Municipal Index ETF seeks to replicate as closely as possible the price and yield performance of the Barclays Capital AMT-Free Long Continuous Municipal Index (the Index). The ETF has a market cap of $172.76 million. The Index provides broad exposure to investment-grade municipal bonds with a nominal maturity of 17 years or more. It currently has negative earnings. To be included in the Index, bonds must be rated investment-grade (Baa3/BBB- or higher) by at least two of ratings agencies: Moody’s, S&P, Fitch.
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By Ellis Scott