Fund Description
The VanEck Long Municipal Index ETF (MLN) seeks to replicate as closely as possible before fees and expenses the price and yield performance of the Bloomberg AMT-Free Long Continuous Municipal Index. The Index provides broad exposure to investment-grade municipal bonds with a nominal maturity of 17 years or more.
Fund Profile
Fund Name VanEck Long Municipal Index ETF
Fund Exchange Ticker MLN
Fund Sponsor Van Eck Associates Corporation
Fund ISIN US92189F5364
Net Expense Ratio 0.24 %
Fund Inception Date 2 January 2008
Fund Legal Structure ETF (Open end fund)
Exchange BATS
Listing Country Code US
Fund Investment Objective
ETF Type Specific Bonds - Municipal
Asset Class Bonds
Index Linked Passive
Index Name Bloomberg AMT-Free Long Continuous Municipal Index
Index Provider Bloomberg
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Developed Market Funds
Bond Type Municipal
Credit Quality Investment Grade Only
Average Maturity Long (10 + years)
Bond Currency Denomination USD
Key Statistics
Return As of Date 26 November 2021
Asset Under Management 248.47 Million (USD)
1 Month Total Return 1.40 %
Year To Date Return 1.48 %
1 Year Total Return 2.34 %
3 Year Annualized Total Return 6.63 %
NAV 21.7
Share Outstanding 11,450,000
Top 10 Holdings (24 November 2021)
Constituent Name Constituent Ticker Constituent Type Weighting
New York City Transitional Finance Auth BOND 0.0085000000
City Of Austin Tx Electric Utility Reve BOND 0.0070000000
California County Tobacco Securitizatio BOND 0.0064000000
Metropolitan Water District Of Southern BOND 0.0064000000
County Of Franklin Oh BOND 0.0062000000
Board Of Regents Of The University Of T BOND 0.0056000000
Metropolitan Transportation Authority BOND 0.0056000000
Commonwealth Of Pennsylvania BOND 0.0054000000
New York City Transitional Finance Auth BOND 0.0053000000