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PRB Market Vectors Pre-Refunded Municipal Index ETF

  • Fund Description

    The VanEck Vectors Pre-Refunded Municipal Index ETF (PRB®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Bloomberg Barclays Municipal Pre-Refunded-Treasury-Escrowed Index (LMPETR), which is intended to track the overall performance of the U.S. dollar denominated pre-refunded or escrowed-to maturity tax-exempt bond market.

  •  
      

    • 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 08/26/16

    • 30-Day SEC Yield1

      0.52%
    • Total Net Assets

      $19.8M
    • Number of Holdings

      69
    • Options

      Expected
    • Gross Expense Ratio2

      0.24%
    • Net Expense Ratio/TER2

      0.24%
    • Distribution Frequency

      Monthly
    • Next Distribution Date

      08/31/2016
  • 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) 0.19 0.62 1.44 1.72 1.14 0.84 -- 1.24
    PRB (Share Price) 0.03 0.09 1.12 2.19 0.96 0.92 -- 1.17
    LMPETR (Index) 0.21 0.64 1.41 1.88 1.44 1.27 -- 1.70
    Performance Differential (NAV - Index) -0.02 -0.02 0.03 -0.16 -0.30 -0.43 -- -0.46
    After Tax Held -- -- -- -- -- -- -- --
    After Tax Sold -- -- -- -- -- -- -- --
    Quarter End as of 06/30/16
    1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR LIFE
    02/02/09
    PRB (NAV) 0.48 0.58 1.25 1.81 1.11 0.88 -- 1.22
    PRB (Share Price) 0.24 0.54 1.09 2.19 1.59 0.88 -- 1.18
    LMPETR (Index) 0.45 0.60 1.20 1.96 1.42 1.30 -- 1.69
    Performance Differential (NAV - Index) 0.03 -0.02 0.05 -0.15 -0.31 -0.42 -- -0.47
    After Tax Held 0.48 0.58 1.25 1.81 1.11 0.88 -- 1.22
    After Tax Sold 0.30 0.42 0.90 1.40 1.06 0.93 -- 1.22
  • 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
    08/01/2016 08/03/2016 08/05/2016 $0.0177 -- -- -- $0.0177
    07/01/2016 07/06/2016 07/08/2016 $0.0173 -- -- -- $0.0173
    06/01/2016 06/03/2016 06/07/2016 $0.0180 -- -- -- $0.0180
    05/02/2016 05/04/2016 05/06/2016 $0.0174 -- -- -- $0.0174
    04/01/2016 04/05/2016 04/07/2016 $0.0180 -- -- -- $0.0180
    03/01/2016 03/03/2016 03/07/2016 $0.0168 -- -- -- $0.0168
    02/01/2016 02/03/2016 02/05/2016 $0.0184 -- -- -- $0.0184
    12/29/2015 12/31/2015 01/05/2016 $0.0183 -- -- -- $0.0183
    12/01/2015 12/03/2015 12/07/2015 $0.0169 -- -- -- $0.0169
    11/02/2015 11/04/2015 11/06/2015 $0.0196 -- -- -- $0.0196
    10/01/2015 10/05/2015 10/07/2015 $0.0169 -- -- -- $0.0169
    09/01/2015 09/03/2015 09/08/2015 $0.0173 -- -- -- $0.0173
    08/03/2015 08/05/2015 08/07/2015 $0.0174 -- -- -- $0.0174
    07/01/2015 07/06/2015 07/08/2015 $0.0170 -- -- -- $0.0170
    06/01/2015 06/03/2015 06/05/2015 $0.0200 -- -- -- $0.0200
    05/01/2015 05/05/2015 05/07/2015 $0.0070 -- -- -- $0.0070
    04/01/2015 04/06/2015 04/08/2015 $0.0070 -- -- -- $0.0070
    03/02/2015 03/04/2015 03/06/2015 $0.0070 -- -- -- $0.0070
    02/02/2015 02/04/2015 02/06/2015 $0.0070 -- -- -- $0.0070
    12/29/2014 12/31/2014 01/05/2015 $0.0090 -- -- -- $0.0090
    12/01/2014 12/03/2014 12/05/2014 $0.0136 -- -- -- $0.0136
    11/03/2014 11/05/2014 11/07/2014 $0.0164 -- -- -- $0.0164
    10/01/2014 10/03/2014 10/07/2014 $0.0178 -- -- -- $0.0178
    09/02/2014 09/04/2014 09/08/2014 $0.0202 -- -- -- $0.0202
    08/01/2014 08/05/2014 08/07/2014 $0.0205 -- -- -- $0.0205
    07/01/2014 07/03/2014 07/08/2014 $0.0218 -- -- -- $0.0218
    06/02/2014 06/04/2014 06/06/2014 $0.0230 -- -- -- $0.0230
    05/01/2014 05/05/2014 05/07/2014 $0.0230 -- -- -- $0.0230
    04/01/2014 04/03/2014 04/07/2014 $0.0240 -- -- -- $0.0240
    03/03/2014 03/05/2014 03/07/2014 $0.0240 -- -- -- $0.0240
    02/03/2014 02/05/2014 02/07/2014 $0.0240 -- -- -- $0.0240
    12/27/2013 12/31/2013 01/03/2014 $0.0240 -- -- -- $0.0240
    12/02/2013 12/04/2013 12/06/2013 $0.0200 -- -- -- $0.0200
    11/01/2013 11/05/2013 11/07/2013 $0.0199 -- -- -- $0.0199
    10/01/2013 10/03/2013 10/07/2013 $0.0194 -- -- -- $0.0194
    09/03/2013 09/05/2013 09/09/2013 $0.0194 -- -- -- $0.0194
    08/01/2013 08/05/2013 08/07/2013 $0.0194 -- -- -- $0.0194
    07/01/2013 07/03/2013 07/08/2013 $0.0283 -- -- -- $0.0283
    06/03/2013 06/05/2013 06/07/2013 $0.0295 -- -- -- $0.0295
    05/01/2013 05/03/2013 05/07/2013 $0.0320 -- -- -- $0.0320
    04/01/2013 04/03/2013 04/05/2013 $0.0312 -- -- -- $0.0312
    03/01/2013 03/05/2013 03/07/2013 $0.0292 -- -- -- $0.0292
    02/01/2013 02/05/2013 02/07/2013 $0.0325 -- -- -- $0.0325
    12/27/2012 12/31/2012 01/03/2013 $0.0314 -- -- -- $0.0314
    12/03/2012 12/05/2012 12/07/2012 $0.0314 -- -- -- $0.0314
    11/01/2012 11/05/2012 11/07/2012 $0.0328 -- -- -- $0.0328
    10/01/2012 10/03/2012 10/05/2012 $0.0308 -- -- -- $0.0308
    09/04/2012 09/07/2012 09/10/2012 $0.0337 -- -- -- $0.0337
    08/01/2012 08/03/2012 08/07/2012 $0.0337 -- -- -- $0.0337
    07/02/2012 07/05/2012 07/09/2012 $0.0325 -- -- -- $0.0325
    06/01/2012 06/05/2012 06/07/2012 $0.0321 -- -- -- $0.0321
    05/01/2012 05/03/2012 05/07/2012 $0.0304 -- -- -- $0.0304
    04/02/2012 04/04/2012 04/09/2012 $0.0304 -- -- -- $0.0304
    03/01/2012 03/05/2012 03/07/2012 $0.0304 -- -- -- $0.0304
    02/01/2012 02/03/2012 02/07/2012 $0.0330 -- -- -- $0.0330
    12/28/2011 12/30/2011 01/04/2012 $0.0310 -- -- -- $0.0310
    12/01/2011 12/05/2011 12/07/2011 $0.0280 -- -- -- $0.0280
    11/01/2011 11/03/2011 11/07/2011 $0.0270 -- -- -- $0.0270
    10/03/2011 10/05/2011 10/07/2011 $0.0270 -- -- -- $0.0270
    09/01/2011 09/06/2011 09/08/2011 $0.0255 -- -- -- $0.0255
    08/01/2011 08/03/2011 08/05/2011 $0.0270 -- -- -- $0.0270
    07/01/2011 07/06/2011 07/08/2011 $0.0270 -- -- -- $0.0270
    06/01/2011 06/03/2011 06/07/2011 $0.0270 -- -- -- $0.0270
    05/02/2011 05/04/2011 05/06/2011 $0.0270 -- -- -- $0.0270
    04/01/2011 04/05/2011 04/07/2011 $0.0279 -- -- -- $0.0279
    03/01/2011 03/03/2011 03/07/2011 $0.0267 -- -- -- $0.0267
    02/01/2011 02/03/2011 02/07/2011 $0.0374 -- -- -- $0.0374
    12/29/2010 12/31/2010 01/05/2011 $0.0270 $0.0020 $0.0530 -- $0.0820
    12/01/2010 12/03/2010 12/07/2010 $0.0270 -- -- -- $0.0270
    11/01/2010 11/03/2010 11/05/2010 $0.0280 -- -- -- $0.0280
    10/01/2010 10/05/2010 10/07/2010 $0.0290 -- -- -- $0.0290
    09/01/2010 09/03/2010 09/08/2010 $0.0280 -- -- -- $0.0280
    08/02/2010 08/04/2010 08/06/2010 $0.0280 -- -- -- $0.0280
    07/01/2010 07/06/2010 07/08/2010 $0.0280 -- -- -- $0.0280
    06/01/2010 06/03/2010 06/07/2010 $0.0290 -- -- -- $0.0290
    05/03/2010 05/05/2010 05/07/2010 $0.0300 -- -- -- $0.0300
    04/01/2010 04/06/2010 04/08/2010 $0.0310 -- -- -- $0.0310
    03/01/2010 03/03/2010 03/05/2010 $0.0280 -- -- -- $0.0280
    02/01/2010 02/03/2010 02/05/2010 $0.0310 -- -- -- $0.0310
    12/29/2009 12/31/2009 01/05/2010 $0.0310 -- -- -- $0.0310
    12/01/2009 12/03/2009 12/07/2009 $0.0280 -- -- -- $0.0280
    11/02/2009 11/04/2009 11/06/2009 $0.0290 -- -- -- $0.0290
    10/01/2009 10/05/2009 10/07/2009 $0.0290 -- -- -- $0.0290
    09/01/2009 09/03/2009 09/08/2009 $0.0260 -- -- -- $0.0260
    08/03/2009 08/05/2009 08/07/2009 $0.0290 -- -- -- $0.0290
    07/01/2009 07/06/2009 07/08/2009 $0.0260 -- -- -- $0.0260
    06/01/2009 06/03/2009 06/05/2009 $0.0240 -- -- -- $0.0240
    05/01/2009 05/05/2009 05/07/2009 $0.0240 -- -- -- $0.0240
    04/01/2009 04/03/2009 04/07/2009 $0.0200 -- -- -- $0.0200
    03/02/2009 03/04/2009 03/06/2009 $0.0240 -- -- -- $0.0240
    *All registered investment companies are obliged to distribute portfolio gains to shareholders at yearend regardless of performance. Trading VanEck 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 VanEck Vectors ETFs on the record date. Distributions are paid to shareholders on the payment date. Past distributions are not indicative of future distributions.Certain distributions may constitute a return of capital, which will have the effect of reducing your cost basis in the Fund’s shares and thereby increasing the amount of capital gain, if any, or decreasing the amount of capital loss, if any, that you will realize when selling or exchanging Fund shares. The final determination of the tax characteristics cannot be determined until after each Fund’s yearend and are reported to shareholders on Form 1099-DIV. The form is mailed to shareholders shortly after calendar yearend specifying how the distributions paid by the Fund during the prior calendar year should be characterized for purposes of reporting the distribution on a shareholder’s tax return.The tax treatment and characterization of the Fund’s distributions may vary significantly from time to time depending on whether the Fund has gains or losses on the securities in its portfolio. The Fund’s distributions will normally reflect past and projected net investment income, and may include income from dividends and interest, capital gains and/or a return of capital. The final composition of the tax characteristics of the distributions cannot be determined with certainty until after the end of the year, and will be reported to shareholders at that time. The amount of distributions will vary, depending on a number of factors. As portfolio and market conditions change, the rate of dividends may change. There can be no assurance that the Fund will be able to declare a dividend distribution in each period. Past performance is no guarantee of future results.Click here to access more detailed yearend tax information.
  • Calendar Year Returns (%) as of 12/31/2015

  • NAV History
    as of 07/31/16

  • Best & Worst
    Quarter Returns (%)
    as of 06/30/16

    • 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.