This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Market Vectors Municipal Bond Exchange-Traded Funds Top $1 Billion In AUM

New York-based asset manager Van Eck Global announced today that its family of municipal bond Exchange-Traded Funds (ETFs) recently passed the $1 billion mark in combined assets under management (AUM).

“Municipal bonds have emerged into the spotlight after long being one of the quieter corners of the investment landscape, and investors and advisors are seeing their current attractiveness as well as the potential benefits offered by investing through ETFs such as those in our Market Vectors suite,” said Jim Colby, portfolio manager and senior municipal strategist with Van Eck Global. “Historically low yields on Treasuries have made the search for yield far more difficult than it’s been in quite some time. In this environment, we’re pleased to offer a range of funds that span the risk/return spectrum, providing a number of choices for income-focused investors as they build their portfolios.”

Colby noted that the growth experienced by Market Vectors’ municipal bond ETFs came even as the muni marketplace was faced with high-profile prognostications of doom at the start of 2011. “Thankfully, the massive wave of defaults that some had predicted did not come to pass,” continued Colby. “In fact, defaults remained at or below historical norms throughout the year.”

Since launching its first municipal bond ETF in late 2007, Van Eck has steadily added to its roster. The firm’s full range of muni-income oriented ETF offerings now includes:

As part of the firm’s commitment to investor and advisor education, the company recently launched a weekly blog on the Van Eck Global website titled “MUNI NATION” where Colby shares his thoughts on the state of the muni marketplace, themes and trends of note, key statistics and more. The blog can be found at http://www.vaneck.com/blogs/muni-nation/.

“We’ve been pleased with the interest that our municipal bond ETFs have garnered in the marketplace. We believe it’s important that we continue to do our best to educate and inform investors, potential investors and the advisor community,” said Jan van Eck. “As munis become an ever more important component in building an income portfolio, we plan to remain at the forefront of product development, investor education and market insights.”

1 of 4

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 17,864.82 -111.49 -0.62%
S&P 500 2,075.26 -10.98 -0.53%
NASDAQ 4,917.5350 -29.9060 -0.60%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs