SMB
VanEck Short Muni ETF
SMB
VanEck Short Muni ETF
SMB
VanEck Short Muni ETF
SMB
VanEck Short Muni ETF
-
NAV$17.10
as of December 23, 2024 -
YTD RETURNS2.00%
as of December 23, 2024 -
Total Net Assets$272.75M
as of December 23, 2024 -
Total Expense Ratio0.07%
-
Inception Date02/22/2008
-
30-Day SEC Yield2.84%
Fund Description
The VanEck Short Muni ETF (SMB®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the ICE Short AMT-Free Broad National Municipal Index (MBNS), which is intended to track the overall performance of the U.S. dollar denominated short-term tax-exempt bond market.
Overview
Fund Highlights
- Tax Exempt Income
Income generally exempt from federal taxes and the Alternative Minimum Tax (AMT)
- Targeted Interest Rate Risk
Designed to track an index of short-duration municipal bonds
- Quality
Investment-grade index constituents with high overall credit quality