VanEck Long Ownership
| MLN Etf | USD 17.55 0.06 0.34% |
VanEck |
VanEck Etf Ownership Analysis
VanEck Long is is formed as Regulated Investment Company in the United States. ETF is managed and operated by Van Eck Associates Corporation. The fund has 600 constituents with avarage daily trading value of 259.3 K. The fund charges 0.24 percent management fee with a total expences of 0.24 percent of total asset. The fund maintains all of the assets in different exotic instruments. VanEck Long Muni last dividend was 0.0368 per share. The fund normally invests at least 80 percent of its total assets in fixed income securities that comprise the index. Vaneck Vaneck is traded on BATS Exchange in the United States. To find out more about VanEck Long Muni contact the company at NA.Sector Exposure (%)
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on VanEck Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding VanEck Long , and the less return is expected.
Investment Allocations (%)
Top VanEck Long Muni Etf Constituents
| CALIFORNIA CNTY CALIF TOB SECURITIZATION AGY TOB SETTLEMENT REV 4% | 0.66000004% |
| TRIBOROUGH BRDG & TUNL AUTH NY REVS 5% | 0.77% |
| METROPOLITAN TRANSN AUTH N Y REV 4% | 0.58999998% |
| NEW JERSEY ST TPK AUTH TPK REV 4% | 0.58999998% |
| NEW YORK LIBERTY DEV CORP LIBERTY REV 3% | 0.61000003% |
| FRANKLIN CNTY OHIO HOSP REV 5% | 0.66000004% |
| AUSTIN TEX ELEC UTIL SYS REV 5% | 0.73% |
| NEW JERSEY ST EDL FACS AUTH REV 2% | 0.62% |
| UNIVERSITY TEX UNIV REVS 2.25% | 0.58% |
| METROPOLITAN WTR DIST SOUTHN CALIF WTRWRKS REV 5% | 0.64% |
Institutional Etf Holders for VanEck Long
| NEARX | Near Term Tax Free | Mutual Fund | |
| RQIAX | Resq Strategic Income | Mutual Fund | |
| RQICX | Resq Strategic Income | Mutual Fund | |
| RQIIX | Resq Strategic Income | Mutual Fund |
VanEck Long Outstanding Bonds
VanEck Long issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. VanEck Long Muni uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most VanEck bonds can be classified according to their maturity, which is the date when VanEck Long Muni has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| MPLX LP 4875 Corp BondUS55336VAJ98 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View | |
| Morgan Stanley 3971 Corp BondUS61744YAL20 | View | |
| Valero Energy Partners Corp BondUS91914JAA07 | View |
Pair Trading with VanEck Long
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if VanEck Long position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in VanEck Long will appreciate offsetting losses from the drop in the long position's value.Moving together with VanEck Etf
| 0.81 | TFI | SPDR Nuveen Bloomberg | PairCorr |
| 0.88 | PZA | Invesco National AMT | PairCorr |
| 0.76 | MMIN | IQ MacKay Municipal | PairCorr |
The ability to find closely correlated positions to VanEck Long could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace VanEck Long when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back VanEck Long - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling VanEck Long Muni to buy it.
The correlation of VanEck Long is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as VanEck Long moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if VanEck Long Muni moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for VanEck Long can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in VanEck Long Muni. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
The market value of VanEck Long Muni is measured differently than its book value, which is the value of VanEck that is recorded on the company's balance sheet. Investors also form their own opinion of VanEck Long's value that differs from its market value or its book value, called intrinsic value, which is VanEck Long's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because VanEck Long's market value can be influenced by many factors that don't directly affect VanEck Long's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between VanEck Long's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Long is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Long's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.