Fund Description
The VanEck Vectors Short Municipal ETF (SMB) seeks to replicate as closely as possible before fees and expenses the price and yield performance of the Barclays Capital AMT-Free Short Continuous Municipal Index . The Index provides broad exposure to investment-grade municipal bonds with a nominal maturity of 1-6 years.
Fund Profile
Fund Name VanEck Vectors Short Municipal ETF
Fund Exchange Ticker SMB
Fund Sponsor Van Eck Associates Corporation
Fund ISIN US92189F5281
Net Expense Ratio 0.20 %
Fund Inception Date 22 February 2008
Fund Legal Structure ETF (Open end fund)
Exchange BATS
Listing Country Code US
Fund Investment Objective
ETF Type Specific Bonds - Municipal
Asset Class Bonds
Index Linked Passive
Index Name Barclays Capital AMT-Free Short Continuous Municipal Index
Index Provider Bloomberg
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Developed Market Funds
Bond Type Municipal
Credit Quality Investment Grade Only
Average Maturity Short (1-3 years)
Bond Currency Denomination USD
Key Statistics
Return As of Date 14 June 2019
Asset Under Management 197.02 Million (USD)
1 Month Total Return 0.40 %
Year To Date Return 1.97 %
1 Year Total Return 2.35 %
3 Year Annualized Total Return 0.02 %
NAV 17.67
Share Outstanding 11,150,000
Top 10 Holdings (13 June 2019)
Constituent Name Constituent Ticker Constituent Type Weighting
State of Maryland BOND 0.01630508
Other/Cash BOND 0.00860369
State of Florida BOND 0.00684407
State of Georgia BOND 0.0060415
State of California BOND 0.00592386
State of Washington BOND 0.00591104
City of St Louis MO Airport Revenue BOND 0.00588318
New York City Transitional Finance Auth BOND 0.00572903
Golden State Tobacco Securitization Cor BOND 0.00567657