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MAAX
VanEck Vectors Municipal Allocation ETF

Fund Description

VanEck Vectors® Municipal Allocation ETF (MAAX) 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.

 
 

  • Fund Ticker

    MAAX
  • Exchange

    Cboe
  • Commencement

    05/15/2019
  • ETF Structure

    Physical
  • Administrator

    Van Eck Associates
  • Custodian

    Bank of New York Mellon

 
as of 05/20/19

  • 30-Day SEC Yield1

    --
  • Total Net Assets

    $2.5M
  • Number of Holdings

    4
  • Options

    Expected
  • Gross Expense Ratio2

    0.65%
  • Net Expense Ratio/TER2

    0.36%
  • Distribution Frequency

    Monthly
  • Next Distribution Date

    05/31/2019