Individual Investors

Subscribe to email updates

Subscribe now

Financial Professionals

Subscribe to email updates, or password protected financial professional-only content
email address/username
password

XMPT Market Vectors CEF Municipal Income ETF

  • Fund Description

    The Market Vectors® CEF Municipal Income ETF (XMPT®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of S-Network Municipal Bond Closed-End Fund Index (CEFMX), which is intended to track the overall performance of the U.S.-listed closed-end funds that invest in U.S. dollar denominated tax-exempt market.

  •  
      

    • Fund Ticker

      XMPT
    • Exchange

      NYSE Arca
    • Commencement

      07/12/2011
    • ETF Structure

      Physical
    • Administrator

      Van Eck Associates
    • Custodian

      Bank of New York Mellon
    • Index Ticker

      CEFMXTR
    • Index Rebalancing

      Quarterly
  •  
    as of 02/09/16

    • 30-Day SEC Yield1

      5.17%
    • Total Net Assets

      $71.5M
    • Number of Holdings

      84
    • Options

      Expected
    • Gross Expense Ratio2

      1.60%
    • Net Expense Ratio/TER2

      1.43%
    • Distribution Frequency

      Monthly
    • Next Distribution Date

      02/29/2016
  • Morningstar™ Ratings3
    as of 12/31/15

    Category Overall 3 Year 5 Year
    Muni National Long
         
    5 stars of 180 Funds
         
    5 stars of 180 Funds
    --
  • Key Points

    • Potential High Level of Tax-Exempt Income
      A portfolio of municipal CEFs that may produce yields higher than most other fixed income investments

    • Diversification by Asset, Strategy and Manager
      Reduced single fund risk with a portfolio of CEFs managed by leading active fixed income managers

    • The Discount Advantage
      Index assigns a greater weight to CEFs trading at discounts, potentially enhancing yield and the opportunity for capital appreciation
  • Yields
    as of 02/09/16

    • 30-Day SEC Yield1

      5.17%
    • Distribution Yield1

      4.57%
    • 12-Month Yield1

      5.08%
    • Taxable Equivalent 30-Day SEC Yields1a

      --
    • 15% Federal Tax Rate

      6.08%
    • 25% Federal Tax Rate

      6.90%
    • 28% Federal Tax Rate

      7.18%
    • 33% Federal Tax Rate

      7.72%
    • 39.6% Federal Tax Rate

      8.56%
     1/1a See Important Disclosure for definitions.
  • Fees and Expenses2

    • Management Fee

      0.40%
    • Other Expenses

      0.17%
    • Acquired Fund Fees and Expenses

      1.03%
    • Gross Expense Ratio

      1.60%
    • Fee Waivers and
      Expense Reimbursement

      -0.17%
    • Net Expense Ratio/TER2

      1.43%
  • Trading Information

    • Fund Ticker

      XMPT
    • Index Total Return Ticker

      CEFMXTR
    • NAV

      XMPTNV
    • Intraday NAV (IIV)5

      XMPTIV
    • Shares Outstanding

      2,600,000
    • Estimated Cash

      XMPTEU
    • Total Cash

      XMPTTC
    • CUSIP

      57060U332
    • ISIN

      US57060U3326
    5See IIV Details. Source: Bloomberg
  • Prices as of 02/09/16

    NAV/
    Last Price
    Volume
    30-Day Avg./
    Last Trading Day
    Daily Change
    NAV/
    Last Price
    YTD Change
    NAV/
    Last Price
    Premium/
    Discount
    Prem/Discount
    Distribution Charts
    NAV &
    Prem/Discount
    History
    NAV
    Chart
    XMPT $27.49
    $27.48
    39,248
    149,204
    $0.05 / +0.19%
    $-0.07 / -0.27%
    +3.7%
    +3.2%
    $-0.01
    -0.03%
  • View All Indices » View All ETFs » Performance History: Average Annual Total Returns* (%)

    1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR LIFE
    07/12/11
    XMPT (NAV) 2.27 5.37 7.72 7.72 3.62 -- -- 7.23
    XMPT (Share Price) 2.73 5.88 8.48 8.48 3.93 -- -- 7.34
    CEFMXTR (Index) 2.76 5.96 8.16 8.16 4.02 -- -- 7.77
    Performance Differential (NAV - Index) -0.49 -0.59 -0.44 -0.44 -0.40 -- -- -0.54
    After Tax Held 2.08 4.76 5.23 5.23 1.14 -- -- 4.87
    After Tax Sold 1.28 3.03 4.29 4.29 1.56 -- -- 4.53
    Quarter End as of 12/31/15
    1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR LIFE
    07/12/11
    XMPT (NAV) 2.27 5.37 7.72 7.72 3.62 -- -- 7.23
    XMPT (Share Price) 2.73 5.88 8.48 8.48 3.93 -- -- 7.34
    CEFMXTR (Index) 2.76 5.96 8.16 8.16 4.02 -- -- 7.77
    Performance Differential (NAV - Index) -0.49 -0.59 -0.44 -0.44 -0.40 -- -- -0.54
    After Tax Held 2.08 4.76 5.23 5.23 1.14 -- -- 4.87
    After Tax Sold 1.28 3.03 4.29 4.29 1.56 -- -- 4.53
  • Daily Holdings »Top 10 Holdings (%) as of 01/31/16

    Total Holdings: 84
    Holding Name
    Ticker
    SharesMarket Value
    (US$)
    % of Net
    Assets
    Blackrock Municipal Target Term Trust
    BTT US
    140,408
    3,080,5524.43
    Nuveen Insured Municipal Opportunity Fu
    NIO US
    192,957
    2,821,0314.06
    Nuveen Municipal Value Fund
    NUV US
    250,899
    2,579,2423.71
    Nuveen Insured Tax-Free Advantage Munic
    NEA US
    158,051
    2,185,8453.14
    Nuveen Premium Income Municipal Fund 2
    NPM US
    139,886
    2,021,3532.91
    Nuveen Premium Income Municipal Fund
    NPI US
    129,354
    1,843,2952.65
    Nuveen Performance Plus Municipal Fund
    NPP US
    118,132
    1,801,5132.59
    Eaton Vance Municipal Bond Fund
    EIM US
    123,560
    1,627,2852.34
    Invesco Van Kampen Municipal Opportunit
    VMO US
    120,097
    1,614,1042.32
    Nuveen Quality Income Municipal Fund In
    NQU US
    108,321
    1,559,8222.24
    Top 10 Total (%)30.39

    These are not recommendations to buy or to sell any security. Securities and holdings may vary.

  • Currency Exposure (%)
    as of 01/31/16

    • U.S. Dollar

      99.86
    • Other/Cash

      0.14