• Ticker:- PRB;true;LMPETR;
  • Ticker Group:- ETFFI_MI;false;;
  • Making News

    InvestmentNews: Muni Bond Fund Rebound Appears to Have Legs


    3/13/14: InvestmentNews’ Carol O’Donnell suggests that municipal bonds may be worthwhile for investors to examine despite poor performance during 2013. According to James Colby, municipal bond supply is normalizing and “The question is whether demand is healthy enough to absorb these additional sales without a drop in price.”

    View article » 



    The WSJ: Detroit Rattles Muni Market


    8/07/13: In light of Detroit’s recent default, The Wall Street Journal considers the wider implications of replacing older bonds with new ones that have different terms, as the city’s emergency manager suggests doing. James Colby opines, “You really break the foundation of debt markets if municipalities can freely restructure their obligations.”

    View article » 



    ETF Trends: Sell-Off in Municipal Bond ETFs May be Overdone


    6/18/13: Tom Lydon considers the shift some investors have made away from municipal bond ETFs due to anxiety about higher interest rates. It may be an “overreaction,” he writes. Lydon suggests investing in SMB and consults James Colby, who contends that “muni bonds offer attractive taxable equivalent yields.”

    View article » 



    WSJ: Should You Buy Taxable Muni Bonds?


    06/05/13: According to The Wall Street Journal, institutional investors and mutual funds that can’t capitalize on tax breaks are buying taxable munis, but MV’s James Colby says, “I don’t doubt for a moment that some of these bonds are finding their way into individual accounts.”

    View article » 



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Pre-Refunded Municipal Index ETF PRB

  • Full Name: Market Vectors®
    Pre-Refunded Municipal Index ETF (PRB®)

    Management Style: Sampling

    Underlying Index: The Barclays Municipal Pre-Refunded Treasury-Escrowed Index (LMPETR)

    Index Description: LMPETR is a market value weighted Index comprised of pre-refunded and/or escrowed-to-maturity municipal bonds, provided that the collateral in the escrow account is comprised strictly of obligations of, and carry the full faith and credit of, the U.S. Treasury. To be included in the Index, bonds must have an explicit or implicit credit rating of AAA.

  •  
     

    • Fund Ticker

      PRB
    • Exchange

      NYSE Arca
    • Index Total Return Ticker

      LMPETR
    • Index Provider

      Barclays
    • Total Net Assets

      $34.6M
    • Shares Outstanding

      1,400,000
    • Number of Holdings

      58
    • Commencement Date

      02/02/2009
  •  
    as of 04/17/14

  • Portfolio Composition (%)
    as of 04/17/14

    • % of Net Assets

    • Stocks

      0.00
    • Bonds

      100.16
    • Other

      0.00
    • Cash

      -0.16
    • Total

      100.00
  • Download All Fund Holdings » All Holdings (%) as of 04/17/14

    Total Holdings: 58
    Holding Name
    Coupon
    Maturity
    Composite
    Rating
    State
    Currency
    % of Net
    Assets
    Washington Health Care Facilities Autho
    6.500
    11/15/2027
    NR
    WA
    USD
    6.51
    Colorado State Department Of Correction
    5.000
    03/01/2018
    AA-
    CO
    USD
    6.32
    Charleston Educational Excellence Finan
    5.250
    12/01/2030
    AA-
    SC
    USD
    4.77
    Nj Transportation Trust Fund Authority
    5.250
    12/15/2018
    AA-
    NJ
    USD
    4.58
    Waco Health Facilities Development Corp
    4.500
    08/01/2035
    A-
    TX
    USD
    4.48
    Nj Transportation Trust Fund Authority
    5.250
    06/15/2015
    NR
    NJ
    USD
    3.89
    Richmond Metropolitan Authority
    5.250
    07/15/2022
    A-
    VA
    USD
    3.54
    New Jersey Economic Development Authori
    5.000
    03/01/2020
    A+
    NJ
    USD
    3.03
    Colorado Department Of Transportation
    5.000
    12/15/2016
    A+
    CO
    USD
    2.96
    Regional Transportation District
    5.000
    11/01/2036
    AA
    CO
    USD
    2.55
    Illinois State Toll Highway Authority
    5.000
    01/01/2026
    AA-
    IL
    USD
    2.42
    Illinois State Toll Highway Authority
    5.000
    01/01/2027
    AA-
    IL
    USD
    2.42
    New Jersey Educational Facilities Autho
    7.500
    12/01/2032
    NR
    NJ
    USD
    2.20
    Massachusetts Bay Transportation Author
    5.000
    07/01/2025
    AA+
    MA
    USD
    2.02
    North Carolina Eastern Municipal Power
    6.000
    01/01/2026
    AA-
    NC
    USD
    1.95
    Harris County Health Facilities Develop
    7.250
    12/01/2035
    A+
    TX
    USD
    1.88
    Nj Transportation Trust Fund Authority
    5.000
    06/15/2018
    AA
    NJ
    USD
    1.86
    Orange County Water District
    5.000
    08/15/2034
    NR
    CA
    USD
    1.66
    Greater Chicago Metropolitan Water Recl
    5.000
    12/01/2035
    AA+
    IL
    USD
    1.64
    Puerto Rico Highway & Transportation Au
    5.500
    07/01/2036
    NR
    PR
    USD
    1.63
    Commonwealth Of Puerto Rico
    5.250
    07/01/2027
    NR
    PR
    USD
    1.62
    Illinois State Toll Highway Authority
    5.000
    01/01/2031
    AA-
    IL
    USD
    1.61
    Commonwealth Of Massachusetts
    5.500
    11/01/2015
    AA
    MA
    USD
    1.60
    State Of Hawaii
    5.000
    03/01/2023
    AA
    HI
    USD
    1.58
    Nj Transportation Trust Fund Authority
    5.750
    06/15/2015
    AA+
    NJ
    USD
    1.57
    Nj Transportation Trust Fund Authority
    5.250
    06/15/2016
    AA+
    NJ
    USD
    1.56
    Nj Transportation Trust Fund Authority
    5.250
    06/15/2018
    AA+
    NJ
    USD
    1.56
    County Of Maricopa Az
    5.000
    04/01/2035
    NR
    AZ
    USD
    1.52
    State Of Maryland
    5.000
    02/15/2019
    AAA
    MD
    USD
    1.52
    New Jersey Economic Development Authori
    5.250
    09/01/2024
    AA+
    NJ
    USD
    1.48
    Massachusetts Water Resources Authority
    6.500
    07/15/2019
    AA+
    MA
    USD
    1.45
    City & County Of Denver Co
    5.000
    08/01/2019
    AAA
    CO
    USD
    1.44
    State Of Washington
    5.000
    07/01/2018
    AA+
    WA
    USD
    1.39
    Foothill-Eastern Transportation Corrido
    0.000
    01/01/2020
    AA+
    CA
    USD
    1.33
    City & County Of Honolulu Hi
    5.000
    07/01/2021
    AA+
    HI
    USD
    1.24
    State Of Georgia
    5.000
    12/01/2019
    AA+
    GA
    USD
    1.01
    Metropolitan Transportation Authority
    6.000
    04/01/2020
    AA
    NY
    USD
    0.99
    Clovis Unified School District
    0.000
    08/01/2019
    A+
    CA
    USD
    0.95
    County Of Hillsborough Fl
    5.000
    08/01/2016
    A
    FL
    USD
    0.89
    State Of Hawaii
    5.000
    04/01/2024
    NR
    HI
    USD
    0.87
    California State Public Works Board
    5.000
    04/01/2034
    AA+
    CA
    USD
    0.86
    Clark County School District
    5.000
    06/15/2020
    A+
    NV
    USD
    0.79
    Utah Transit Authority
    4.750
    06/15/2035
    AA+
    UT
    USD
    0.79
    Los Angeles Unified School District/Ca
    5.000
    07/01/2021
    AA-
    CA
    USD
    0.78
    Commonwealth Of Massachusetts
    5.000
    09/01/2025
    AA+
    MA
    USD
    0.77
    Kentucky State Property & Building Comm
    5.000
    08/01/2025
    AA-
    KY
    USD
    0.77
    State Of Georgia
    5.000
    07/01/2018
    AA+
    GA
    USD
    0.74
    Hillsborough County Industrial Developm
    5.625
    08/15/2029
    NR
    FL
    USD
    0.70
    Utah Transit Authority
    4.500
    06/15/2033
    AA+
    UT
    USD
    0.69
    Eagle County School District No Re50j
    5.000
    12/01/2021
    AA-
    CO
    USD
    0.66
    Jefferson County School District R-1
    5.000
    12/15/2022
    AA-
    CO
    USD
    0.65
    State Of Illinois
    5.000
    06/15/2020
    AA-
    IL
    USD
    0.64
    Regional Transportation District
    4.375
    11/01/2036
    AA
    CO
    USD
    0.49
    Maricopa County Unified School District
    5.000
    07/01/2020
    AA-
    AZ
    USD
    0.39
    Regional Transportation District
    4.500
    11/01/2032
    AA
    CO
    USD
    0.37
    City Of Houston Tx
    5.000
    03/01/2025
    NR
    TX
    USD
    0.32
    Charlotte-Mecklenburg Hospital Authorit
    5.000
    01/15/2045
    NR
    NC
    USD
    0.30
    Other/Cash
    USD
    -0.16
    Total (%) 100.04

    †See Country of Risk disclosure. These are not recommendations to buy or to sell any security. Securities and holdings may vary. Composite Rating: An evenly weighted blend of a security's Moody's, S&P, Fitch and DBRS ratings. Not Rated indicates that a security is rated by fewer than two of the four rating agencies. This composite is not intended to be a credit opinion.