Key stats
About VanEck HIP Sustainable Muni ETF
Home page
Inception date
Sep 8, 2021
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.
The security is being delisted. The last day of trading on an exchange is June 18, 2025. SMI actively invests in investment-grade municipal bonds of any maturity that are exempt from federal income tax and are perceived to support sustainable development. The fund aims to support progress towards sustainable development in alignment with the United Nations Sustainable Development Goals, as well as promote positive social and environmental outcomes, by using HIP (Human Impact + Profit) Ratings. Municipal bonds issued and associated to US states, municipal governments, and its territories are assigned HIP Ratings based on data-driven, quantitative performance measures to determine an estimate of their impact. As an actively managed ETF, SMI applies its own investment techniques and risk analyses to identify buy-sell-or-hold opportunities.
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%
Municipal94.25%
Cash5.75%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
SMI last dividends amounted to 0.11 USD. The month before, the issuer paid 0.10 USD in dividends, which shows a 3.66% increase.
SMI assets under management is 11.14 M USD. It's fallen 0.85% over the last month.
SMI fund flows account for 0.00 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, SMI pays dividends to its holders with the dividend yield of 2.80%. The last dividend (Jun 5, 2025) amounted to 0.11 USD. The dividends are paid monthly.
SMI shares are issued by Van Eck Associates Corp. under the brand VanEck. The ETF was launched on Sep 8, 2021, and its management style is Active.
SMI expense ratio is 0.24% meaning you'd have to pay 0.24% of your investment to help manage the fund.
SMI follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
SMI invests in bonds.
SMI price has fallen by −1.32% over the last month, and its yearly performance shows a −4.04% decrease. See more dynamics on SMI price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −0.46% over the last month, showed a −2.41% decrease in three-month performance and has decreased by −0.39% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −0.46% over the last month, showed a −2.41% decrease in three-month performance and has decreased by −0.39% in a year.
SMI trades at a premium (0.70%) meaning the ETF is trading at a higher price than the calculated NAV.