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Guided Allocation

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 seeks 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

    State Street Bank and Trust Company

 
as of 04/03/20

  • 30-Day SEC Yield1

    3.55%
  • Total Net Assets

    $6.9M
  • Number of Holdings

    3
  • Options

    Expected
  • Gross Expense Ratio2

    0.38%
  • Net Expense Ratio/TER2

    0.38%
  • Distribution Frequency

    Monthly
  • Next Distribution Date

    04/30/2020

Daily Holdings (%) as of 04/02/20 Download All Fund Holdings »

Total Holdings: 3
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full data
Ticker
Holding Name
Identifier (FIGI)
Shares Asset Class Market Value
(US$)
% of Net
Assets
SMB US
VanEck AMT-Free Short Muni Index ETF
BBG000R24QP6
161,230
Stock 2,795,728 40.79
HYD US
VanEck High-Yield Muni Index ETF
BBG000C8Z562
38,428
Stock 2,036,684 29.72
MLN US
VanEck AMT-Free Long Muni Index ETF
BBG000V2BFB2
98,841
Stock 1,901,701 27.75
--
Other/Cash
--
--
Cash 119,609 1.75
These are not recommendations to buy or to sell any security. Securities and holdings will vary at times. The holdings presented reflect unsettled trade activity from creation and/or redemption transactions from the prior business day and may differ from the holdings information used to calculate the Fund's net asset value. The adjusted shares outstanding is 300,000. This includes any changes in shares outstanding due to creations or redemptions on the previous business day, and may differ from the information used to calculate the fund's net asset value.