Market Vectors Long Municipal Index ETF (MLN)
- Fixed Income | Municipal Debt Funds
U.S. News evaluated 31 Municipal Debt Funds ETFs and 13 make our Best Fit list. Our list highlights the best passively managed funds for long-term investors. Rankings are assigned based on comparisons with Best Fit funds in this category.
|Best Fit Scorecard|
The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Barclay Capital AMT-Free Long Continuous Municipal index. The fund normally invests at least 80% of total assets in fixed income securities that comprise the Long Index. The Long Index is comprised of publicly traded municipal bonds that cover the U.S. dollar denominated long-term tax-exempt bond market. It may concentrate its investments in a particular industry or group of industries to the extent that the Long Index concentrates in an industry or group of industries. The fund is non-diversified.
Fund Snapshot Updated 05.23.2013
|Previous Close||$20.12||Expense Ratio||0.24%|
|YTD Return||0.2%||Avg. 30-Day Volume||34,499|
|1-Year Return||4.3%||Market Cap||Loading...|