SMI
VanEck HIP Sustainable Muni ETF
SMI
VanEck HIP Sustainable Muni ETF
SMI
VanEck HIP Sustainable Muni ETF
SMI
VanEck HIP Sustainable Muni ETF
-
NAV$46.33
as of November 04, 2024 -
YTD RETURNS1.41%
as of November 04, 2024 -
Total Net Assets$11.58M
as of November 04, 2024 -
Total Expense Ratio0.24%
-
Inception Date09/08/2021
-
30-Day SEC Yield3.40%
Fund Description
The VanEck HIP Sustainable Muni ETF (SMI) is an actively managed exchange-traded fund (“ETF”) that seeks current income generally exempt from federal income tax by investing in investment grade municipal debt securities that have been issued to fund operations or projects that support or advance sustainable development, as well as promote positive social and environmental outcomes.
Overview
Fund Highlights
- Broad muni exposure with a focus on sustainability
- Core portfolio of investment-grade tax-exempts with intermediate duration
- Managed to maximize sustainability exposure while seeking to maintain benchmark characteristics