(MLN) Long Muni - BATS
ETF Category: Muni National Long | Exchange: BATS (USA) | Market Cap: 706m USD | Total Return: 9.4% in 12m
Avg Turnover: 3.39M
Warnings
Tailwinds
No distinct edge detected
Seasonality
The VanEck Long Muni ETF (MLN) is an exchange-traded fund that invests primarily in U.S. municipal bonds, allocating at least 80% of its total assets to securities that make up its underlying index. As a muni national long ETF, it focuses on tax-exempt bonds issued by state and local government entities, which are generally exempt from federal income tax on the interest they pay to investors.
The fund tracks an index composed of publicly traded, U.S. dollar-denominated, long-term tax-exempt municipal bonds, providing exposure to the long-duration segment of the municipal bond market. Long-term municipal bonds typically have maturities of 10 years or more, making them more sensitive to interest rate movements than shorter-dated issues but also offering higher yields to compensate investors for that duration risk.
- Fed rate cuts pressure long-duration muni bond prices
- State tax hikes boost demand for tax-exempt income
- Competition intensifies from iShares MUB and Vanguard ETFs
As of June 29, 2026, the stock is trading at USD 17.75 with a total of 113,400 shares traded. Over the past week, the price has changed by +0.51%, over one month by +1.90%, over three months by +3.58% and over the past year by +9.38%.
Current recommended Stop Loss: 17.60 (which is 0.8% or 2.1 ATR below the current price).
Long Muni has no consensus analysts rating.