Profile
Assets class:
EquityAssets under management:
$492 MAverage volume:
$144 KDomicile:
USExpense ratio:
0.24%Inception date:
10 January 2008Website:
http://www.vaneck.comLast dividends:
01 November 2024Next dividends:
N/A
Top countries
Dividend yield TTM
MLN Latest News
The Federal Funds rate has held steady at 5.33% for over a year, but the Federal Reserve is now signaling that this period may be coming to an end. Long-term municipal bonds are emerging as a strong alternative to Treasuries. Municipal bonds are exempt from federal taxes and, in some cases, exempt from state and local taxes. The supply of municipal bonds has gotten off to a big start this year. Even with the possibility of lower rates in the future, issuers have issued more new debt than ever in the last decade.
What is MLN ETF?
The fund normally invests at least 80% of its total assets in fixed income securities that comprise the index. The index is comprised of publicly traded municipal bonds that cover the U.S. dollar denominated long-term tax-exempt bond market.
What is MLN assets class?
Assets class of MLN ETF is 'Equity'
What is MLN assets under management?
Assets under management of MLN ETF is $492 M
What is MLN average volume?
Average volume of MLN ETF is $144 K
What is MLN domicile?
Domicile of MLN ETF is US
What is MLN expense ratio?
Expense ratio of MLN ETF is 0.24%
What is MLN inception date?
Inception date of MLN ETF is 10 January 2008
What is MLN website?
Website of MLN ETF is https://www.vaneck.com/etf/equity/MLN