MLN:ARCA-VanEck Vectors AMT-Free Long Municipal Index (USD)

ETF | Muni National Long | NYSE Arca

Last Closing

USD 17.77

Change

-0.09 (-0.50)%

Market Cap

USD 0.17B

Volume

0.07M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Bloomberg Barclays AMT-Free Long Continuous Municipal Index. 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.

Inception Date: 02/01/2008

Primary Benchmark: BBgBarc AMT-Free Long Cont Mun TR USD

Primary Index: BBgBarc Municipal TR USD

Gross Expense Ratio: 0.24%

Management Expense Ratio: 0.24 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-07-01 )

Largest Industry Peers for Muni National Long

Symbol Name Mer Price(Change) Market Cap
TFI SPDR® Nuveen Bloomberg Munici.. 0.23 %

+0.13 (+0.28%)

USD 3.55B
PZA Invesco National AMT-Free Muni.. 0.28 %

+0.14 (+0.59%)

USD 2.88B
RVNU Xtrackers Municipal Infrastruc.. 0.22 %

+0.03 (+0.12%)

USD 0.13B
FLMB Franklin Liberty Federal Tax-F.. 0.30 %

+0.07 (+0.29%)

USD 0.10B

ETFs Containing MLN

N/A

Market Performance

  Market Performance vs. Industry/Classification (Muni National Long) Market Performance vs. Exchange (NYSE Arca)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -2.63% 43% F 31% F
Dividend Return 1.75% 86% B+ 46% F
Total Return -0.88% 57% F 30% F
Trailing 12 Months  
Capital Gain -0.86% 29% F 33% F
Dividend Return 3.47% 86% B+ 50% F
Total Return 2.60% 43% F 34% F
Trailing 5 Years  
Capital Gain -14.28% 29% F 33% F
Dividend Return 11.10% 86% B+ 43% F
Total Return -3.18% 14% F 32% F
Average Annual (5 Year Horizon)  
Capital Gain -4.07% 67% D+ 9% A-
Dividend Return -1.79% 67% D+ 9% A-
Total Return 2.28% 67% D+ 77% C+
Risk Return Profile  
Volatility (Standard Deviation) 10.14% 67% D+ 51% F
Risk Adjusted Return -17.63% 33% F 10% F
Market Capitalization 0.17B 57% F 45% F

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:

There is nothing we particularly like

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Negative free cash flow

The company had negative total free cash flow in the most recent four quarters.