SMB
·CBOE
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Key Stats
Assets Under Management
295.71MUSD
Fund Flows (1Y)
20.75MUSD
Dividend Yield
2.40%
Discount/Premium to NAV
0.40%
Shares Outstanding
17.10M
Expense Ratio
0.07%
About VanEck Short Muni ETF
Issuer
Van Eck Associates Corporation
Brand
VanEck
Inception Date
Feb 22, 2008
Structure
Open-Ended Fund
Index Tracked
ICE Short AMT-Free Broad National Municipal Index
Management Style
Passive
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
Asset Class
Fixed Income
Category
Government, Local Authority/Municipal
Focus
Investment Grade
Niche
Short-Term
Strategy
Vanilla
Geography
U.S.
Weighting Scheme
Market Value
Selection Criteria
AMT-free
Returns
1-Month | 3-Month | YTD | 1-Year | 3-Year | 5-Year | |
|---|---|---|---|---|---|---|
Price Performance | +0.43% | -0.34% | +1.81% | +1.93% | +2.96% | -3.97% |
NAV Total Return | +0.27% | +0.09% | +2.99% | +2.99% | +2.99% | +5.30% |
Ratings
No data is currently available
Ainvest’s AI-powered ETF Scoring Algorithm, built to help retail investors make smarter, data-driven decisions. Leveraging deep learning, reinforcement learning, and large language models, the algorithm scores ETFs across five key dimensions: Fund Flow, Momentum, Safety, Fundamentals, and Performance. Each factor is weighted by its correlation to future returns, resulting in a single, actionable score. Backtested over five years with consistently strong predictive accuracy. Ainvest brings institutional-grade artificial intelligence to everyday investors—transforming complexity into clarity with every score.
Holdings Analysis
Sector
No data is currently available
Asset
No data is currently available
Region
No data is currently available
Investment Style
No data is currently available
Top 10 Holdings
Symbol
Ratio
California Community Choice Financing A
1.39%
State Of California
1.10%
Commonwealth Of Massachusetts
1.02%
State Of New Jersey
0.96%
New York City Housing Development Corp
0.87%
California Statewide Communities Develo
0.80%
Massachusetts Water Resources Authority
0.78%
Massachusetts Water Resources Authority-1
0.76%
Black Belt Energy Gas District
0.75%
County Of King Wa
0.74%
Top 10 Weight 9.17%
337 Total Holdings
Dividends
Dividend Payout History
Declaration Date | Record Date | Payment Date | Amount |
|---|---|---|---|
| 2025-11-28 | 2025-11-28 | 2025-12-03 | 0.037 |
| 2025-11-03 | 2025-11-03 | 2025-11-06 | 0.041 |
| 2025-10-01 | 2025-10-01 | 2025-10-06 | 0.037 |
| 2025-09-02 | 2025-09-02 | 2025-09-05 | 0.039 |
| 2025-08-01 | 2025-08-01 | 2025-08-06 | 0.040 |
| 2025-07-01 | 2025-07-01 | 2025-07-07 | 0.037 |
| 2025-06-02 | 2025-06-02 | 2025-06-05 | 0.038 |
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Premium/Discount Chart
Premium/Discount to NAV
Price
1M
Assets Under Management
Assets Under Management
1M
Fund Flows
Inflows
Outflows
1M
