An Effective Way to Tap The Evolving Muni Bond Market
The municipal bond market is evolving and some index funds and ETFs have kept pace with that evolution. One that…
MAAX
VanEck Vectors Municipal Allocation ETF
$25.93 +$0.05
(+0.18%)
As of 7:40:00 PM EDT | 1/23/20 | Market Closed
MAAX Trading Data
Open
$25.9
Low Price
$25.9
High Price
$25.93
Previous Last Price
$25.88
Bid Size
$25.93 X 2800
Ask Size
$25.98 X 300
MAAX Portfolio Data
AUM
$3,885,000
Shares
150
PE Ratio
0
Price / Book Ratio
Expense Ratio
0.38
Net Asset Value
$25.90
Volume
Volume
900
Avg. Volume (YDT)
2,147
Dollar Volume
$17,640
Weekly Avg. Volume
2,800
Monthly Avg. Volume
2,470
Quarterly Avg. Volume
2,161
MAAX Fund Description
The VanEck Vectors Municipal Allocation ETF seeks maximum long-term after-tax return consisting of capital appreciation and income generally exempt from federal income tax. In pursuing long-term total return, the Fund seek to reduce duration and/or credit risk during appropriate times by allocating primarily to VanEck Vectors municipal exchange-traded products that invest in tax-exempt bonds.
MAAX Chart
MAAX Summary
Fund Family
Van Eck Associates
Tracks This Index
VanEck Vectors Municipal Allocation ETF
Inception Date
2019-05-15
Asset Class
Fixed Income
Asset Class Size
MAAX Classification
Region (General)
North America
Region (Specific)
US
Sector
Equity Index
Leveraged Family
MAAX Holdings
Top 10 Holdings
Vaneck High-Yield Muni Index Etf (HYD)
39.95%
Vaneck Amt-Free Long Muni Index Etf (MLN)
30.06%
Vaneck Amt-Free Interm Muni Index Etf (ITM)
19.94%
Vaneck Short High-Yield Muni Index Etf (SHYD)
9.89%
Other/Cash
0.15%
Market Vectors Municipal Allocation ETF (MAAX)
0%
Other/Cash
0%
%
%
%
Total MAAX Holdings
Total Holdings: 7
MAAX Technicals
Alpha
0
Beta
0.3
Leverage
Long
Standard Deviation
0.18
MAAX Dividends
Dividend Date
2019-12-30
Latest Dividend
0.069
Annual Dividend
0.45
Annual Dividend Rate
0.45
Annual Dividend Yield
1.74
MAAX Performance
YTD Return
1.45%
1 Year Return
3.53%
3 Year Return
0%
5 Year Return
0%
10 Year Return
2.79%
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