MLN Profile
The VanEck Vectors AMT-Free Long Municipal Index ETF with the ticker symbol MLN is an exchange-traded fund (ETF) that seeks to track the performance of the Bloomberg Barclays AMT-Free Long Continuous Municipal Index. The index is designed to track the performance of long-term municipal bonds issued by state and local governments and their agencies.
MLN invests in a diversified portfolio of long-term investment-grade municipal bonds issued by state and local governments and their agencies, excluding those subject to the alternative minimum tax (AMT). The ETF aims to provide investors with exposure to the long-term segment of the US municipal bond market, while providing tax advantages for certain investors.
Investing in MLN can provide investors with exposure to long-term municipal bonds and the potential for tax advantages. However, it's important to keep in mind that investing in bonds carries certain risks, including interest rate risk, credit risk, and inflation risk. Additionally, investing in municipal bonds can carry specific risks related to changes in local and state government policies, demographics, and the overall fiscal health of the issuing entity.
As with any investment, investors should carefully consider their investment goals, risk tolerance, and other factors before investing in MLN or any other security. It's also important to consult with a financial advisor to determine whether this ETF is a suitable investment given an individual's unique circumstances and financial goals.
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