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Short Municipal Index ETF SMB

  • Full Name: Market Vectors®
    Short Municipal Index ETF (SMB)

    Management Style: Sampling

    Underlying Index: The Barclays AMT-Free Short Continuous Municipal Index (LMT1TR)

    Index Provider: Barclays

    Index Description: LMT1TR is a market value weighted index designed to replicate the price movements of short-duration bonds with a nominal maturity of 1-6 years.

  •  
      

    • Fund Ticker

      SMB
    • Exchange

      NYSE Arca
    • Commencement

      02/22/2008
    • ETF Structure

      Physical
    • Administrator

      Van Eck Associates
    • Custodian

      Bank of New York Mellon
    • Index Ticker

      LMT1TR
    • Index Rebalancing

      Monthly
  •  
    as of 10/31/14

    • 30-Day SEC Yield1

      0.84%
    • Total Net Assets

      $267.4M
    • Number of Holdings

      334
    • Options

      Expected
    • Gross Expense Ratio2

      0.20%
    • Net Expense Ratio/TER2

      0.20%
    • Distribution Frequency

      Monthly
    • Next Distribution Date

      11/28/2014
  • 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
    02/22/08
    SMB (NAV) -0.07 0.24 1.65 2.07 1.50 2.21 -- 2.98
    SMB (Share Price) -0.07 0.64 1.36 2.13 1.40 2.10 -- 2.99
    LMT1TR (Index) -0.05 0.51 2.06 2.80 2.13 2.83 -- 3.59
    Performance Differential (NAV - Index) -0.02 -0.27 -0.41 -0.73 -0.63 -0.62 -- -0.61
    After Tax Held -- -- -- 2.07 -- 2.20 -- 2.97
    After Tax Sold -- -- -- 1.75 -- 2.10 -- 2.75
    1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR LIFE
    02/22/08
    SMB (NAV) -0.07 0.24 1.65 2.07 1.50 2.21 -- 2.98
    SMB (Share Price) -0.07 0.64 1.36 2.13 1.40 2.10 -- 2.99
    LMT1TR (Index) -0.05 0.51 2.06 2.80 2.13 2.83 -- 3.59
    Performance Differential (NAV - Index) -0.02 -0.27 -0.41 -0.73 -0.63 -0.62 -- -0.61
    After Tax Held -- -- -- 2.07 -- 2.20 -- 2.97
    After Tax Sold -- -- -- 1.75 -- 2.10 -- 2.75
  • Distribution History

    Anticipated Frequency: Monthly Dividend Income & Annual Capital Gains
    Ex-Date Record
    Date
    Payable Date Dividend
    Income
    Short-Term
    Capital Gains
    Long-Term
    Capital Gains
    Return of Capital Total Distributions
    10/01/2014 10/03/2014 10/07/2014 $0.0162 None None None $0.0162
    09/02/2014 09/04/2014 09/08/2014 $0.0174 None None None $0.0174
    08/01/2014 08/05/2014 08/07/2014 $0.0175 None None None $0.0175
    07/01/2014 07/03/2014 07/08/2014 $0.0169 None None None $0.0169
    06/02/2014 06/04/2014 06/06/2014 $0.0178 None None None $0.0178
    05/01/2014 05/05/2014 05/07/2014 $0.0180 None None None $0.0180
    04/01/2014 04/03/2014 04/07/2014 $0.0184 None None None $0.0184
    03/03/2014 03/05/2014 03/07/2014 $0.0202 None None None $0.0202
    02/03/2014 02/05/2014 02/07/2014 $0.0205 None None None $0.0205
    12/27/2013 12/31/2013 01/03/2014 $0.0209 None None None $0.0209
    12/02/2013 12/04/2013 12/06/2013 $0.0203 None None None $0.0203
    11/01/2013 11/05/2013 11/07/2013 $0.0232 None None None $0.0232
    10/01/2013 10/03/2013 10/07/2013 $0.0198 None None None $0.0198
    09/03/2013 09/05/2013 09/09/2013 $0.0204 None None None $0.0204
    08/01/2013 08/05/2013 08/07/2013 $0.0194 None None None $0.0194
    07/01/2013 07/03/2013 07/08/2013 $0.0195 None None None $0.0195
    06/03/2013 06/05/2013 06/07/2013 $0.0200 None None None $0.0200
    05/01/2013 05/03/2013 05/07/2013 $0.0200 None None None $0.0200
    04/01/2013 04/03/2013 04/05/2013 $0.0204 None None None $0.0204
    03/01/2013 03/05/2013 03/07/2013 $0.0186 None None None $0.0186
    02/01/2013 02/05/2013 02/07/2013 $0.0202 None None None $0.0202
    12/27/2012 12/31/2012 01/03/2013 $0.0213 None $0.0110 None $0.0323
    12/03/2012 12/05/2012 12/07/2012 $0.0205 None None None $0.0205
    11/01/2012 11/05/2012 11/07/2012 $0.0210 None None None $0.0210
    10/01/2012 10/03/2012 10/05/2012 $0.0213 None None None $0.0213
    09/04/2012 09/07/2012 09/10/2012 $0.0226 None None None $0.0226
    08/01/2012 08/03/2012 08/07/2012 $0.0234 None None None $0.0234
    07/02/2012 07/05/2012 07/09/2012 $0.0233 None None None $0.0233
    06/01/2012 06/05/2012 06/07/2012 $0.0245 None None None $0.0245
    05/01/2012 05/03/2012 05/07/2012 $0.0243 None None None $0.0243
    04/02/2012 04/04/2012 04/09/2012 $0.0258 None None None $0.0258
    03/01/2012 03/05/2012 03/07/2012 $0.0248 None None None $0.0248
    02/01/2012 02/03/2012 02/07/2012 $0.0265 None None None $0.0265
    12/28/2011 12/30/2011 01/04/2012 $0.0279 None None None $0.0279
    12/01/2011 12/05/2011 12/07/2011 $0.0270 None None None $0.0270
    11/01/2011 11/03/2011 11/07/2011 $0.0270 None None None $0.0270
    10/03/2011 10/05/2011 10/07/2011 $0.0270 None None None $0.0270
    09/01/2011 09/06/2011 09/08/2011 $0.0282 None None None $0.0282
    08/01/2011 08/03/2011 08/05/2011 $0.0290 None None None $0.0290
    07/01/2011 07/06/2011 07/08/2011 $0.0268 None None None $0.0268
    06/01/2011 06/03/2011 06/07/2011 $0.0290 None None None $0.0290
    05/02/2011 05/04/2011 05/06/2011 $0.0275 None None None $0.0275
    04/01/2011 04/05/2011 04/07/2011 $0.0330 None None None $0.0330
    03/01/2011 03/03/2011 03/07/2011 $0.0281 None None None $0.0281
    02/01/2011 02/03/2011 02/07/2011 $0.0310 None None None $0.0310
    12/29/2010 12/31/2010 01/05/2011 $0.0300 $0.0210 $0.0370 None $0.0880
    12/01/2010 12/03/2010 12/07/2010 $0.0280 None None None $0.0280
    11/01/2010 11/03/2010 11/05/2010 $0.0290 None None None $0.0290
    10/01/2010 10/05/2010 10/07/2010 $0.0290 None None None $0.0290
    09/01/2010 09/03/2010 09/08/2010 $0.0300 None None None $0.0300
    08/02/2010 08/04/2010 08/06/2010 $0.0300 None None None $0.0300
    07/01/2010 07/06/2010 07/08/2010 $0.0290 None None None $0.0290
    06/01/2010 06/03/2010 06/07/2010 $0.0300 None None None $0.0300
    05/03/2010 05/05/2010 05/07/2010 $0.0300 None None None $0.0300
    04/01/2010 04/06/2010 04/08/2010 $0.0300 None None None $0.0300
    03/01/2010 03/03/2010 03/05/2010 $0.0280 None None None $0.0280
    02/01/2010 02/03/2010 02/05/2010 $0.0300 None None None $0.0300
    12/29/2009 12/31/2009 01/05/2010 $0.0325 None None None $0.0325
    12/01/2009 12/03/2009 12/07/2009 $0.0310 None None None $0.0310
    11/02/2009 11/04/2009 11/06/2009 $0.0320 None None None $0.0320
    10/01/2009 10/05/2009 10/07/2009 $0.0300 None None None $0.0300
    09/01/2009 09/03/2009 09/08/2009 $0.0315 None None None $0.0315
    08/03/2009 08/05/2009 08/07/2009 $0.0360 None None None $0.0360
    07/01/2009 07/06/2009 07/08/2009 $0.0340 None None None $0.0340
    06/01/2009 06/03/2009 06/05/2009 $0.0350 None None None $0.0350
    05/01/2009 05/05/2009 05/07/2009 $0.0370 None None None $0.0370
    04/01/2009 04/03/2009 04/07/2009 $0.0400 None None None $0.0400
    03/02/2009 03/04/2009 03/06/2009 $0.0360 None None None $0.0360
    02/02/2009 02/04/2009 02/06/2009 $0.0380 None None None $0.0380
    12/26/2008 12/30/2008 01/06/2009 $0.0370 None None None $0.0370
    12/01/2008 12/03/2008 12/05/2008 $0.0450 None None None $0.0450
    11/03/2008 11/05/2008 11/07/2008 $0.0340 None None None $0.0340
    10/01/2008 10/03/2008 10/07/2008 $0.0367 None None None $0.0367
    09/02/2008 09/04/2008 09/09/2008 $0.0393 None None None $0.0393
    08/01/2008 08/05/2008 08/07/2008 $0.0377 None None None $0.0377
    07/01/2008 07/03/2008 07/08/2008 $0.0367 None None None $0.0367
    06/02/2008 06/04/2008 06/06/2008 $0.1200 None None None $0.1200
    05/01/2008 05/05/2008 05/07/2008 $0.0300 None None None $0.0300
    04/01/2008 04/03/2008 04/08/2008 $0.2060 None None None $0.2060

    All registered investment companies, including Van Eck Associates Corporation, are obliged to distribute portfolio gains to shareholders at yearend regardless of performance. Trading Market Vectors ETFs will also generate tax consequences and transaction expenses. The information provided is not intended to be tax advice. Tax consequences of dividend distributions may vary by individual taxpayer. There is no guarantee that dividends will be paid. To receive a distribution, you must have been a registered shareholder of the relevant Market Vectors ETFs on the record date. Distributions are paid to shareholders on the payment date. Past distribution are not indicative of future distributions.

    Go here for Additional Distributions Details and Supplemental Tax Information, including PDF downloads.

  • Growth of Hypothetical $10,000 Investment as of 09/30/2014

    3 Months
     TO 
  • Calendar Year Returns (%) as of 12/31/2013

  • NAV History
    as of 09/30/14

  • Best & Worst
    Quarter Returns (%)
    as of 09/30/14

    • Best Quarter

      3Q'09+3.16%
    • Worst Quarter

      4Q'10-1.85%
    Best & Worst Quarter Returns are based on NAV, reflect the period since the Fund's inception, and are updated quarterly.