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Long Municipal Index ETF MLN

  • Full Name: Market Vectors®
    Long Municipal Index ETF (MLN)

    Management Style: Sampling

    Underlying Index: The Barclays AMT-Free Long Continuous Municipal Index (LMT3TR)

    Index Provider: Barclays

    Index Description: LMT3TR is a market value weighted index designed to replicate the price movements of long-duration bonds with a nominal maturity of 17 years or more.

  •  
      

    • Fund Ticker

      MLN
    • Exchange

      NYSE Arca
    • Commencement

      01/02/2008
    • ETF Structure

      Physical
    • Administrator

      Van Eck Associates
    • Custodian

      Bank of New York Mellon
    • Index Ticker

      LMT3TR
    • Index Rebalancing

      Monthly
  •  
    as of 10/23/14

    • 30-Day SEC Yield1

      3.17%
    • Total Net Assets

      $89.5M
    • Number of Holdings

      159
    • Options

      Expected
    • Gross Expense Ratio2

      0.24%
    • Net Expense Ratio/TER2

      0.24%
    • Distribution Frequency

      Monthly
    • Next Distribution Date

      10/31/2014
  • View All Indices » View All ETFs » Performance History: Average Annual Total Returns* (%)

    1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR LIFE
    01/02/08
    MLN (NAV) 0.17 2.13 13.42 12.81 5.51 5.14 -- 4.08
    MLN (Share Price) 0.12 2.18 14.91 12.70 5.62 5.09 -- 4.09
    LMT3TR (Index) 0.21 2.58 13.50 13.66 6.57 6.03 -- 5.72
    Performance Differential (NAV - Index) -0.04 -0.45 -0.08 -0.85 -1.06 -0.89 -- -1.64
    After Tax Held -- -- -- 12.81 -- 5.14 -- 4.08
    After Tax Sold -- -- -- 9.16 -- 4.95 -- 4.09
    1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR LIFE
    01/02/08
    MLN (NAV) 0.17 2.13 13.42 12.81 5.51 5.14 -- 4.08
    MLN (Share Price) 0.12 2.18 14.91 12.70 5.62 5.09 -- 4.09
    LMT3TR (Index) 0.21 2.58 13.50 13.66 6.57 6.03 -- 5.72
    Performance Differential (NAV - Index) -0.04 -0.45 -0.08 -0.85 -1.06 -0.89 -- -1.64
    After Tax Held -- -- -- 12.81 -- 5.14 -- 4.08
    After Tax Sold -- -- -- 9.16 -- 4.95 -- 4.09
  • Distribution History

    Anticipated Frequency: Monthly Dividend Income & Annual Capital Gains
    Ex-Date Record
    Date
    Payable Date Dividend
    Income
    Short-Term
    Capital Gains
    Long-Term
    Capital Gains
    Return of Capital Total Distributions
    10/01/2014 10/03/2014 10/07/2014 $0.0592 None None None $0.0592
    09/02/2014 09/04/2014 09/08/2014 $0.0622 None None None $0.0622
    08/01/2014 08/05/2014 08/07/2014 $0.0630 None None None $0.0630
    07/01/2014 07/03/2014 07/08/2014 $0.0628 None None None $0.0628
    06/02/2014 06/04/2014 06/06/2014 $0.0645 None None None $0.0645
    05/01/2014 05/05/2014 05/07/2014 $0.0638 None None None $0.0638
    04/01/2014 04/03/2014 04/07/2014 $0.0650 None None None $0.0650
    03/03/2014 03/05/2014 03/07/2014 $0.0620 None None None $0.0620
    02/03/2014 02/05/2014 02/07/2014 $0.0710 None None None $0.0710
    12/27/2013 12/31/2013 01/03/2014 $0.0690 None None None $0.0690
    12/02/2013 12/04/2013 12/06/2013 $0.0644 None None None $0.0644
    11/01/2013 11/05/2013 11/07/2013 $0.0648 None None None $0.0648
    10/01/2013 10/03/2013 10/07/2013 $0.0648 None None None $0.0648
    09/03/2013 09/05/2013 09/09/2013 $0.0687 None None None $0.0687
    08/01/2013 08/05/2013 08/07/2013 $0.0646 None None None $0.0646
    07/01/2013 07/03/2013 07/08/2013 $0.0632 None None None $0.0632
    06/03/2013 06/05/2013 06/07/2013 $0.0638 None None None $0.0638
    05/01/2013 05/03/2013 05/07/2013 $0.0637 None None None $0.0637
    04/01/2013 04/03/2013 04/05/2013 $0.0648 None None None $0.0648
    03/01/2013 03/05/2013 03/07/2013 $0.0581 None None None $0.0581
    02/01/2013 02/05/2013 02/07/2013 $0.0659 None None None $0.0659
    12/27/2012 12/31/2012 01/03/2013 $0.0642 None None None $0.0642
    12/03/2012 12/05/2012 12/07/2012 $0.0583 None None None $0.0583
    11/01/2012 11/05/2012 11/07/2012 $0.0640 None None None $0.0640
    10/01/2012 10/03/2012 10/05/2012 $0.0642 None None None $0.0642
    09/04/2012 09/07/2012 09/10/2012 $0.0665 None None None $0.0665
    08/01/2012 08/03/2012 08/07/2012 $0.0639 None None None $0.0639
    07/02/2012 07/05/2012 07/09/2012 $0.0676 None None None $0.0676
    06/01/2012 06/05/2012 06/07/2012 $0.0661 None None None $0.0661
    05/01/2012 05/03/2012 05/07/2012 $0.0664 None None None $0.0664
    04/02/2012 04/04/2012 04/09/2012 $0.0695 None None None $0.0695
    03/01/2012 03/05/2012 03/07/2012 $0.0621 None None None $0.0621
    02/01/2012 02/03/2012 02/07/2012 $0.0680 None None None $0.0680
    12/28/2011 12/30/2011 01/04/2012 $0.0700 None None None $0.0700
    12/01/2011 12/05/2011 12/07/2011 $0.0656 None None None $0.0656
    11/01/2011 11/03/2011 11/07/2011 $0.0690 None None None $0.0690
    10/03/2011 10/05/2011 10/07/2011 $0.0715 None None None $0.0715
    09/01/2011 09/06/2011 09/08/2011 $0.0723 None None None $0.0723
    08/01/2011 08/03/2011 08/05/2011 $0.0745 None None None $0.0745
    07/01/2011 07/06/2011 07/08/2011 $0.0655 None None None $0.0655
    06/01/2011 06/03/2011 06/07/2011 $0.0743 None None None $0.0743
    05/02/2011 05/04/2011 05/06/2011 $0.0700 None None None $0.0700
    04/01/2011 04/05/2011 04/07/2011 $0.0762 None None None $0.0762
    03/01/2011 03/03/2011 03/07/2011 $0.0663 None None None $0.0663
    02/01/2011 02/03/2011 02/07/2011 $0.0710 None None None $0.0710
    12/29/2010 12/31/2010 01/05/2011 $0.0730 None None None $0.0730
    12/01/2010 12/03/2010 12/07/2010 $0.0730 None None None $0.0730
    11/01/2010 11/03/2010 11/05/2010 $0.0670 None None None $0.0670
    10/01/2010 10/05/2010 10/07/2010 $0.0640 None None None $0.0640
    09/01/2010 09/03/2010 09/08/2010 $0.0680 None None None $0.0680
    08/02/2010 08/04/2010 08/06/2010 $0.0680 None None None $0.0680
    07/01/2010 07/06/2010 07/08/2010 $0.0660 None None None $0.0660
    06/01/2010 06/03/2010 06/07/2010 $0.0710 None None None $0.0710
    05/03/2010 05/05/2010 05/07/2010 $0.0700 None None None $0.0700
    04/01/2010 04/06/2010 04/08/2010 $0.0690 None None None $0.0690
    03/01/2010 03/03/2010 03/05/2010 $0.0630 None None None $0.0630
    02/01/2010 02/03/2010 02/05/2010 $0.0655 None None None $0.0655
    12/29/2009 12/31/2009 01/05/2010 $0.0710 None None None $0.0710
    12/01/2009 12/03/2009 12/07/2009 $0.0660 None None None $0.0660
    11/02/2009 11/04/2009 11/06/2009 $0.0700 None None None $0.0700
    10/01/2009 10/05/2009 10/07/2009 $0.0700 None None None $0.0700
    09/01/2009 09/03/2009 09/08/2009 $0.0750 None None None $0.0750
    08/03/2009 08/05/2009 08/07/2009 $0.0750 None None None $0.0750
    07/01/2009 07/06/2009 07/08/2009 $0.0750 None None None $0.0750
    06/01/2009 06/03/2009 06/05/2009 $0.0780 None None None $0.0780
    05/01/2009 05/05/2009 05/07/2009 $0.0740 None None None $0.0740
    04/01/2009 04/03/2009 04/07/2009 $0.0720 None None None $0.0720
    03/02/2009 03/04/2009 03/06/2009 $0.0720 None None None $0.0720
    02/02/2009 02/04/2009 02/06/2009 $0.0600 None None None $0.0600
    12/26/2008 12/30/2008 01/06/2009 $0.0520 None None None $0.0520
    12/01/2008 12/03/2008 12/05/2008 $0.0670 None None None $0.0670
    11/03/2008 11/05/2008 11/07/2008 $0.0710 None None None $0.0710
    10/01/2008 10/03/2008 10/07/2008 $0.0702 None None None $0.0702
    09/02/2008 09/04/2008 09/09/2008 $0.0736 None None None $0.0736
    08/01/2008 08/05/2008 08/07/2008 $0.0772 None None None $0.0772
    07/01/2008 07/03/2008 07/08/2008 $0.0740 None None None $0.0740
    06/02/2008 06/04/2008 06/06/2008 $0.3800 None None None $0.3800
    05/01/2008 05/05/2008 05/07/2008 $0.2780 None None None $0.2780
    04/01/2008 04/03/2008 04/08/2008 $0.3480 None None None $0.3480
    03/03/2008 03/05/2008 03/07/2008 $0.3620 None None None $0.3620
    02/01/2008 02/05/2008 02/07/2008 $0.2990 None None None $0.2990

    All registered investment companies, including Van Eck Associates Corporation, are obliged to distribute portfolio gains to shareholders at yearend regardless of performance. Trading Market Vectors ETFs will also generate tax consequences and transaction expenses. The information provided is not intended to be tax advice. Tax consequences of dividend distributions may vary by individual taxpayer. There is no guarantee that dividends will be paid. To receive a distribution, you must have been a registered shareholder of the relevant Market Vectors ETFs on the record date. Distributions are paid to shareholders on the payment date. Past distribution are not indicative of future distributions.

    Go here for Additional Distributions Details and Supplemental Tax Information, including PDF downloads.

  • Growth of Hypothetical $10,000 Investment as of 09/30/2014

    3 Months
     TO 
  • Calendar Year Returns (%) as of 12/31/2013

  • NAV History
    as of 09/30/14

  • Best & Worst
    Quarter Returns (%)
    as of 09/30/14

    • Best Quarter

      3Q'09+10.82%
    • Worst Quarter

      4Q'10-8.60%
    Best & Worst Quarter Returns are based on NAV, reflect the period since the Fund's inception, and are updated quarterly.