Flows Coverage: VanEck Vectors AMT-Free Long Muni ETF (MLN) Declines 0.31% for Nov 23

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.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By Ellis Scott

Readers Comments (0)

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:

Recent Market News