|Day's Range||26.730 - 26.849|
|52 Week Range||25.100 - 29.960|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.40%|
VanEck announced today its regular distributions per share for the VanEck Vectors® municipal income and income-oriented exchange-traded funds.
For investors in the top tax bracket, municipal bond (XMPT) yields on a tax-equivalent basis are roughly 5.0%.
Municipal bond issuance has been rising over the last few years. More refundings would cause the supply to rise further.