Vaneck Long Muni Etf Profile

MLN Etf  USD 17.97  0.01  0.06%   

Performance

0 of 100

 
Weak
 
Strong
Very Weak

Odds Of Distress

Less than 9

 
High
 
Low
Low
VanEck Long is selling at 17.97 as of the 21st of November 2024; that is 0.06 percent decrease since the beginning of the trading day. The etf's open price was 17.98. VanEck Long has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for VanEck Long Muni are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 22nd of October 2024 and ending today, the 21st of November 2024. Click here to learn more.
The fund normally invests at least 80 percent of its total assets in fixed income securities that comprise the index. Vaneck Vaneck is traded on BATS Exchange in the United States. More on VanEck Long Muni

Moving together with VanEck Etf

  0.97TFI SPDR Nuveen BloombergPairCorr
  0.96PZA Invesco National AMTPairCorr
  0.97MMIN IQ MacKay MunicipalPairCorr
  0.94RVNU Xtrackers MunicipalPairCorr
  0.93FLMB Franklin Liberty FederalPairCorr

Moving against VanEck Etf

  0.54USD ProShares Ultra SemiPairCorr
  0.45FNGU MicroSectors FANG Index Sell-off TrendPairCorr
  0.44FNGO MicroSectors FANG IndexPairCorr
  0.43FNGS MicroSectors FANG ETNPairCorr
  0.39TECL Direxion Daily TechnologyPairCorr
  0.39ROM ProShares Ultra TechPairCorr

VanEck Etf Highlights

Thematic Ideas
(View all Themes)
Old Names[Marlin Gold Mining Ltd, Compagnie Générale des Établissements Michelin Société en commandite par actions]
Business ConcentrationBroad Municipals ETFs, Municipals ETFs, Muni National Long, VanEck (View all Sectors)
IssuerVan Eck
Inception Date2008-01-02
BenchmarkICE Long AMT-Free Broad National Municipal Index
Entity TypeRegulated Investment Company
Asset Under Management540.59 Million
Average Trading Valume191,330.4
Asset TypeFixed Income
CategoryMunicipals
FocusBroad Municipals
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorVan Eck Associates Corporation
AdvisorVan Eck Associates Corporation
CustodianState Street Bank and Trust Company
DistributorVan Eck Securities Corporation
Portfolio ManagerJames Colby III, Stephanie Wang
Transfer AgentState Street Bank and Trust Company
Fiscal Year End30-Apr
ExchangeCboe BZX Exchange, Inc.
Number of Constituents593
Market MakerJane Street
Total Expense0.24
Management Fee0.24
Country NameUSA
Returns Y T D1.46
NameVanEck Long Muni ETF
Currency CodeUSD
Open FigiBBG000V2BFB2
In Threey Volatility11.86
1y Volatility10.2
200 Day M A17.976
50 Day M A18.0584
CodeMLN
Updated At21st of November 2024
Currency NameUS Dollar
VanEck Long Muni [MLN] is traded in USA and was established 2008-01-02. The fund is classified under Muni National Long category within VanEck family. The entity is thematically classified as Broad Municipals ETFs. VanEck Long Muni now have 209.07 M in assets. , while the total return for the last 3 years was -2.8%.
Check VanEck Long Probability Of Bankruptcy

Top VanEck Long Muni Etf Constituents

CALIFORNIA CNTY CALIF TOB SECURITIZATION AGY TOB SETTLEMENT REV 4%0.66000004%
TRIBOROUGH BRDG & TUNL AUTH NY REVS 5%0.77%
METROPOLITAN TRANSN AUTH N Y REV 4%0.58999998%
NEW JERSEY ST TPK AUTH TPK REV 4%0.58999998%
NEW YORK LIBERTY DEV CORP LIBERTY REV 3%0.61000003%
FRANKLIN CNTY OHIO HOSP REV 5%0.66000004%
AUSTIN TEX ELEC UTIL SYS REV 5%0.73%
NEW JERSEY ST EDL FACS AUTH REV 2%0.62%
UNIVERSITY TEX UNIV REVS 2.25%0.58%
METROPOLITAN WTR DIST SOUTHN CALIF WTRWRKS REV 5%0.64%

VanEck Long Top Holders

MAAXMAAXEtfHigh Yield Muni
NEARXNear Term Tax FreeMutual FundMuni National Short
RQIAXResq Strategic IncomeMutual FundAllocation--15% to 30% Equity
RQICXResq Strategic IncomeMutual FundAllocation--15% to 30% Equity
RQIIXResq Strategic IncomeMutual FundAllocation--15% to 30% Equity
More Details

VanEck Long Muni Risk Profiles

The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in VanEck Long. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.

VanEck Long Against Markets

When determining whether VanEck Long Muni offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of VanEck Long's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Vaneck Long Muni Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Vaneck Long Muni Etf:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in VanEck Long Muni. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
The market value of VanEck Long Muni is measured differently than its book value, which is the value of VanEck that is recorded on the company's balance sheet. Investors also form their own opinion of VanEck Long's value that differs from its market value or its book value, called intrinsic value, which is VanEck Long's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because VanEck Long's market value can be influenced by many factors that don't directly affect VanEck Long's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between VanEck Long's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Long is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Long's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.