This Municipal Bond ETF Covers A Lot of Bases
With Treasury yields sliding lower, income investors are exploring other asset classes with some conservative investors embracing municipal bonds. For…
MAAX
VanEck Vectors Municipal Allocation ETF
$25.61
$0.00
(0%)
As of 8:04:00 PM EDT | 10/16/19 | Market Closed
MAAX Trading Data
Open
$25.61
Low Price
$25.61
High Price
$25.62
Previous Last Price
$25.61
Bid Size
$0 X 0
Ask Size
$0 X 0
MAAX Portfolio Data
AUM
$2,561,000
Shares
100
PE Ratio
0
Price / Book Ratio
Expense Ratio
0.36
Net Asset Value
$25.61
Volume
Volume
2,400
Avg. Volume (YDT)
0
Dollar Volume
$61,484
Weekly Avg. Volume
5,860
Monthly Avg. Volume
3,375
Quarterly Avg. Volume
2,480
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 Technicals
Alpha
0
Beta
-0.11
Leverage
Long
Standard Deviation
0
MAAX Dividends
Dividend Date
2019-10-01
Latest Dividend
0.069
Annual Dividend
0.27
Annual Dividend Rate
0.27
Annual Dividend Yield
1.07
MAAX Performance
YTD Return
2.27%
1 Year Return
2.27%
3 Year Return
0%
5 Year Return
0%
10 Year Return
1.55%
MAAX Related Articles
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…
How to Get Tactical With Municipal Bond Exposure
Traditional municipal bond exchange traded funds usually provide exposure to either investment-grade or high-yield bonds, not both, and many of…
VanEck Launches a ‘Guided Allocation’ ETF to Navigate Muni Markets
Expanding upon its line of Guided Allocation strategies, VanEck launched an actively managed fund-of-funds municipal bond exchange traded fund strategy…
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