Key stats
About VanEck Short Muni ETF
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Inception date
Feb 22, 2008
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Van Eck Associates Corp.
Distributor
Van Eck Securities Corp.
SMB tracks an index that aims to provide market-like exposure to US short-duration, tax-exempt muni bonds with maturities of no more than six years. These bonds must have a fixed coupon schedule and have an investment grade rating to be included. Index components are proportionally weighted by market value and rebalance monthly. The fund uses a sampling method in tracking the index, which means it will invest in a sample of securities that collectively have an investment profile similar to that of the underlying index. Prior to March 1, 2022, the fund tracked the Bloomberg AMT-Free Short Continuous Municipal Index. Then until November 30, 2022, the fund used a transition index to gradually broaden its exposure before tracking its current index.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Municipal
Bonds, Cash & Other100.00%
Municipal99.68%
Cash0.32%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
SMB last dividends amounted to 0.04 USD. The month before, the issuer paid 0.04 USD in dividends, which shows a 21.35% decrease.
SMB assets under management is 271.00 M USD. It's risen 2.31% over the last month.
SMB fund flows account for 12.84 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, SMB pays dividends to its holders with the dividend yield of 2.45%. The last dividend (May 6, 2025) amounted to 0.04 USD. The dividends are paid monthly.
SMB shares are issued by Van Eck Associates Corp. under the brand VanEck. The ETF was launched on Feb 22, 2008, and its management style is Passive.
SMB expense ratio is 0.07% meaning you'd have to pay 0.07% of your investment to help manage the fund.
SMB follows the ICE Short AMT-Free Broad National Municipal. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
SMB invests in bonds.
SMB price has risen by 0.76% over the last month, and its yearly performance shows a 1.54% increase. See more dynamics on SMB price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.59% over the last month, showed a 0.22% increase in three-month performance and has increased by 3.97% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.59% over the last month, showed a 0.22% increase in three-month performance and has increased by 3.97% in a year.
SMB trades at a premium (0.09%) meaning the ETF is trading at a higher price than the calculated NAV.