Individual Investors

Subscribe to email updates

Subscribe now

Financial Professionals

Subscribe to email updates, or password protected financial professional-only content
email address/username
password

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 Provider: Barclays

    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
    • Commencement

      02/02/2009
    • ETF Structure

      Physical
    • Administrator

      Van Eck Associates
    • Custodian

      Bank of New York Mellon
    • Index Ticker

      LMPETR
    • Index Rebalancing

      Monthly
  •  
    as of 07/23/14

    • 30-Day SEC Yield1

      0.38%
    • Total Net Assets

      $34.6M
    • Number of Holdings

      65
    • Options

      Expected
    • Gross Expense Ratio2

      0.24%
    • Net Expense Ratio/TER2

      0.24%
    • Distribution Frequency

      Monthly
    • Next Distribution Date

      07/31/2014
  • 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
    02/02/09
    PRB (NAV) 0.01 0.45 0.94 1.42 0.83 1.47 -- 1.32
    PRB (Share Price) 0.09 0.53 1.15 2.89 0.85 1.42 -- 1.27
    LMPETR (Index) 0.04 0.54 1.00 1.85 1.37 1.97 -- 1.87
    Performance Differential (NAV - Index) -0.03 -0.09 -0.06 -0.43 -0.54 -0.50 -- -0.55
    After Tax Held -- -- -- 1.42 -- 1.46 -- 1.32
    After Tax Sold -- -- -- 1.28 -- 1.45 -- 1.33
    1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR LIFE
    02/02/09
    PRB (NAV) 0.01 0.45 0.94 1.42 0.83 1.47 -- 1.32
    PRB (Share Price) 0.09 0.53 1.15 2.89 0.85 1.42 -- 1.27
    LMPETR (Index) 0.04 0.54 1.00 1.85 1.37 1.97 -- 1.87
    Performance Differential (NAV - Index) -0.03 -0.09 -0.06 -0.43 -0.54 -0.50 -- -0.55
    After Tax Held -- -- -- 1.42 -- 1.46 -- 1.32
    After Tax Sold -- -- -- 1.28 -- 1.45 -- 1.33
  • 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
    07/01/2014 07/03/2014 07/08/2014 $0.0218 None None None $0.0218
    06/02/2014 06/04/2014 06/06/2014 $0.0230 None None None $0.0230
    05/01/2014 05/05/2014 05/07/2014 $0.0230 None None None $0.0230
    04/01/2014 04/03/2014 04/07/2014 $0.0240 None None None $0.0240
    03/03/2014 03/05/2014 03/07/2014 $0.0240 None None None $0.0240
    02/03/2014 02/05/2014 02/07/2014 $0.0240 None None None $0.0240
    12/27/2013 12/31/2013 01/03/2014 $0.0240 None None None $0.0240
    12/02/2013 12/04/2013 12/06/2013 $0.0200 None None None $0.0200
    11/01/2013 11/05/2013 11/07/2013 $0.0199 None None None $0.0199
    10/01/2013 10/03/2013 10/07/2013 $0.0194 None None None $0.0194
    09/03/2013 09/05/2013 09/09/2013 $0.0194 None None None $0.0194
    08/01/2013 08/05/2013 08/07/2013 $0.0194 None None None $0.0194
    07/01/2013 07/03/2013 07/08/2013 $0.0283 None None None $0.0283
    06/03/2013 06/05/2013 06/07/2013 $0.0295 None None None $0.0295
    05/01/2013 05/03/2013 05/07/2013 $0.0320 None None None $0.0320
    04/01/2013 04/03/2013 04/05/2013 $0.0312 None None None $0.0312
    03/01/2013 03/05/2013 03/07/2013 $0.0292 None None None $0.0292
    02/01/2013 02/05/2013 02/07/2013 $0.0325 None None None $0.0325
    12/27/2012 12/31/2012 01/03/2013 $0.0314 None None None $0.0314
    12/03/2012 12/05/2012 12/07/2012 $0.0314 None None None $0.0314
    11/01/2012 11/05/2012 11/07/2012 $0.0328 None None None $0.0328
    10/01/2012 10/03/2012 10/05/2012 $0.0308 None None None $0.0308
    09/04/2012 09/07/2012 09/10/2012 $0.0337 None None None $0.0337
    08/01/2012 08/03/2012 08/07/2012 $0.0337 None None None $0.0337
    07/02/2012 07/05/2012 07/09/2012 $0.0325 None None None $0.0325
    06/01/2012 06/05/2012 06/07/2012 $0.0321 None None None $0.0321
    05/01/2012 05/03/2012 05/07/2012 $0.0304 None None None $0.0304
    04/02/2012 04/04/2012 04/09/2012 $0.0304 None None None $0.0304
    03/01/2012 03/05/2012 03/07/2012 $0.0304 None None None $0.0304
    02/01/2012 02/03/2012 02/07/2012 $0.0330 None None None $0.0330
    12/28/2011 12/30/2011 01/04/2012 $0.0310 None None None $0.0310
    12/01/2011 12/05/2011 12/07/2011 $0.0280 None None None $0.0280
    11/01/2011 11/03/2011 11/07/2011 $0.0270 None None None $0.0270
    10/03/2011 10/05/2011 10/07/2011 $0.0270 None None None $0.0270
    09/01/2011 09/06/2011 09/08/2011 $0.0255 None None None $0.0255
    08/01/2011 08/03/2011 08/05/2011 $0.0270 None None None $0.0270
    07/01/2011 07/06/2011 07/08/2011 $0.0270 None None None $0.0270
    06/01/2011 06/03/2011 06/07/2011 $0.0270 None None None $0.0270
    05/02/2011 05/04/2011 05/06/2011 $0.0270 None None None $0.0270
    04/01/2011 04/05/2011 04/07/2011 $0.0279 None None None $0.0279
    03/01/2011 03/03/2011 03/07/2011 $0.0267 None None None $0.0267
    02/01/2011 02/03/2011 02/07/2011 $0.0374 None None None $0.0374
    12/29/2010 12/31/2010 01/05/2011 $0.0270 $0.0020 $0.0530 None $0.0820
    12/01/2010 12/03/2010 12/07/2010 $0.0270 None None None $0.0270
    11/01/2010 11/03/2010 11/05/2010 $0.0280 None None None $0.0280
    10/01/2010 10/05/2010 10/07/2010 $0.0290 None None None $0.0290
    09/01/2010 09/03/2010 09/08/2010 $0.0280 None None None $0.0280
    08/02/2010 08/04/2010 08/06/2010 $0.0280 None None None $0.0280
    07/01/2010 07/06/2010 07/08/2010 $0.0280 None None None $0.0280
    06/01/2010 06/03/2010 06/07/2010 $0.0290 None None None $0.0290
    05/03/2010 05/05/2010 05/07/2010 $0.0300 None None None $0.0300
    04/01/2010 04/06/2010 04/08/2010 $0.0310 None None None $0.0310
    03/01/2010 03/03/2010 03/05/2010 $0.0280 None None None $0.0280
    02/01/2010 02/03/2010 02/05/2010 $0.0310 None None None $0.0310
    12/29/2009 12/31/2009 01/05/2010 $0.0310 None None None $0.0310
    12/01/2009 12/03/2009 12/07/2009 $0.0280 None None None $0.0280
    11/02/2009 11/04/2009 11/06/2009 $0.0290 None None None $0.0290
    10/01/2009 10/05/2009 10/07/2009 $0.0290 None None None $0.0290
    09/01/2009 09/03/2009 09/08/2009 $0.0260 None None None $0.0260
    08/03/2009 08/05/2009 08/07/2009 $0.0290 None None None $0.0290
    07/01/2009 07/06/2009 07/08/2009 $0.0260 None None None $0.0260
    06/01/2009 06/03/2009 06/05/2009 $0.0240 None None None $0.0240
    05/01/2009 05/05/2009 05/07/2009 $0.0240 None None None $0.0240
    04/01/2009 04/03/2009 04/07/2009 $0.0200 None None None $0.0200
    03/02/2009 03/04/2009 03/06/2009 $0.0240 None None None $0.0240

    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 06/30/2014

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

  • NAV History
    as of 06/30/14

  • Best & Worst
    Quarter Returns (%)
    as of 06/30/14

    • Best Quarter

      3Q'09+1.96%
    • Worst Quarter

      2Q'13-2.14%
    Best & Worst Quarter Returns are based on NAV, reflect the period since the Fund's inception, and are updated quarterly.