Investors Can Still Find Opportunities in Targeted Bond ETFs
Investors are faced with a lower-for-longer yield environment, but many can still find attractive income-generating opportunities through targeted ETF strategies.…
MAAX
VanEck Vectors Municipal Allocation ETF
$25.61 +$0.04
(+0.16%)
As of 10:30:00 AM EDT | 12/10/19 | Market Open
MAAX Trading Data
Open
$25.61
Low Price
$25.61
High Price
$25.61
Previous Last Price
$25.57
Bid Size
$25.54 X 300
Ask Size
$25.62 X 6700
MAAX Portfolio Data
AUM
$3,835,500
Shares
150
PE Ratio
0
Price / Book Ratio
Expense Ratio
0.36
Net Asset Value
$25.57
Volume
Volume
1,002
Avg. Volume (YDT)
0
Dollar Volume
$25,661
Weekly Avg. Volume
2,040
Monthly Avg. Volume
910
Quarterly Avg. Volume
2,314
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)
40.02%
Vaneck Amt-Free Long Muni Index Etf (MLN)
30.05%
Vaneck Amt-Free Interm Muni Index Etf (ITM)
19.94%
Vaneck Short High-Yield Muni Index Etf (SHYD)
9.91%
Other/Cash
0.09%
Market Vectors Municipal Allocation ETF (MAAX)
0%
Other/Cash
0%
%
%
%
Total MAAX Holdings
Total Holdings: 7
MAAX Technicals
Alpha
0
Beta
0.27
Leverage
Long
Standard Deviation
0
MAAX Dividends
Dividend Date
2019-12-02
Latest Dividend
0.065
Annual Dividend
0.38
Annual Dividend Rate
0.38
Annual Dividend Yield
1.49
MAAX Performance
YTD Return
2.25%
1 Year Return
2.25%
3 Year Return
0%
5 Year Return
0%
10 Year Return
1.37%
MAAX Related Articles
For Conservative Investors, Municipal Bonds Still Make Sense
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In Pursuit of Yield with an Eye on Risk
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This Municipal Bond ETF Covers A Lot of Bases
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Holding Steady Amid Rising Risks in Municipal Bonds
By David Schassler, Portfolio Manager from VanEck The VanEck Vectors® Municipal Allocation ETF (MAAX) tactically allocates among VanEck municipal bond ETFs based on…
All-in for Yield in Municipal Bonds
By David Schassler, VanEck Portfolio Manager The VanEck Vectors® Municipal Allocation ETF (MAAX) tactically allocates among VanEck municipal bond ETFs based on interest…
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