MLN
VanEck Long Muni ETF
MLN
VanEck Long Muni ETF
MLN
VanEck Long Muni ETF
MLN
VanEck Long Muni ETF
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NAV$18.04
as of August 15, 2024 -
YTD RETURNS1.38%
as of August 15, 2024 -
Total Net Assets$501.59M
as of August 15, 2024 -
Total Expense Ratio0.24%
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Inception Date01/02/2008
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30-Day SEC Yield3.71%
Fund Description
The VanEck Long Muni ETF (MLN®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the ICE Long AMT-Free Broad National Municipal Index (MBNL), which is intended to track the overall performance of the U.S. dollar denominated long-term tax-exempt bond market.
Overview
Fund Highlights
- Tax Exempt Income
Income generally exempt from federal taxes and the Alternative Minimum Tax (AMT) - Targeted Interest Rate Risk
Designed to track an index of long-duration municipal bonds - Quality
Investment-grade index constituents with high overall credit quality
Recommended Insights
2024 Mid-Year Update: Are Municipal Bonds on the Road to Recovery?
2024 Mid-Year Update: Are Municipal Bonds on the Road to Recovery?