us en false false Default
Skip directly to Accessibility Notice
SMB VanEck Short Muni ETF Please read important disclosure Close important disclosure false

SMB
VanEck Short Muni ETF

SMB
VanEck Short Muni ETF

  • NAV
    $17.29

    as of June 02, 2026
  • YTD RETURNS
    0.70%

    as of June 02, 2026
  • Total Net Assets
    $304.30M

    as of June 02, 2026
  • Total Expense Ratio
    0.07%
  • Inception Date
    02/22/2008
  • 30-Day SEC Yield
    2.76%
Buy Now
Let's Connect
Subscribe
Related Insights

Overview

Why SMB

  • Federally Tax-Exempt IncomeProvides income generally exempt from federal taxes
  • Intermediate Duration FocusDesigned to track an index of short-duration municipal bonds to help mange interest rate risk
  • Investment-Grade QualityEmphasizes investment-grade municipal bonds with high overall credit quality

The VanEck Short Muni ETF (SMB®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the ICE Short AMT-Free Broad National Municipal Index (MBNS), which is intended to track the overall performance of the U.S. dollar denominated short-term tax-exempt bond market.

Yields  as of  06/02/2026

Distribution Frequency

Monthly

30-Day SEC Yield

2.76%

Distribution Yield

2.47%

12 Month Yield

2.92%

Yield information reflects temporary waivers of expenses and/or fees. Yields would have been reduced had these fees/expenses been included. In the absence of temporary expense waivers or reimbursements, the 30-Day SEC Yield for VanEck Short Muni ETF would have been 2.76% on 06/02/26. Distributions may vary from time to time.

Performance

Average Annual Total Returns* (%)

View All ETFs View All Indices
  1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE 02/22/08
SMB (NAV) 0.35 -0.06 0.59 4.06 3.14 1.14 1.47 2.00
SMB (Market Price) 0.24 -0.02 0.03 4.11 3.27 1.08 1.47 2.00
ICE Short AMT-Free Broad National Municipal Index 0.35 -0.08 0.61 4.02 3.12 1.16 1.67 2.38
  1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE 02/22/08
SMB (NAV) -0.99 0.24 0.24 3.51 2.88 1.15 1.47 1.99
SMB (Market Price) -1.00 -0.20 -0.20 3.70 2.98 1.11 1.49 1.99
ICE Short AMT-Free Broad National Municipal Index -0.96 0.26 0.26 3.47 2.89 1.16 1.67 2.37

*Returns less than one year are not annualized.

Index data prior to March 1, 2022 reflects that of the Bloomberg AMT-Free Short Continuous Municipal Index (LMT1TR). From March 1, 2022 to November 30, 2022, the index data reflects that of the ICE Short AMT-Free Broad National Municipal Transition Index (MSBT). From December 1, 2022 forward the index data reflects that of the Fund's underlying index the ICE Short AMT Free Broad National Municipal Index (MBNS) and is not intended for third party use.

The performance data quoted represents past performance. Past performance is not a guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Performance may be lower or higher than performance data quoted. Please call 800.826.2333 or visit vaneck.com for performance current to the most recent month ended.

Holdings

Daily Holdings (%) as of 06/02/2026

Download XLS Get holdings
Total Holdings: 333
Holding Name
% of Net Assets
 Coupon
Maturity
Market Value (US$)
New York City Transitional Finance Auth
1.12
 5.000
07/15/2031
3,402,944
State Of California
1.05
 5.000
04/01/2030
3,203,920
Commonwealth Of Massachusetts
0.98
 5.000
05/01/2031
2,970,182
State Of New Jersey
0.93
 2.000
06/01/2030
2,842,005
Kansas Development Finance Authority
0.88
 5.000
11/15/2054
2,685,822
New York City Housing Development Corp
0.84
 3.950
11/01/2064
2,554,901
California Statewide Communities Develo
0.78
 1.750
09/01/2029
2,369,631
Massachusetts Water Resources Authority
0.74
 5.250
08/01/2030
2,251,383
Massachusetts Water Resources Authority
0.73
 5.000
08/01/2031
2,209,279
Black Belt Energy Gas District
0.73
 4.000
10/01/2052
2,206,906
County Of King Wa
0.71
 4.000
07/01/2030
2,174,257
Main Street Natural Gas Inc
0.71
 5.000
04/01/2054
2,147,912
Tennessee Energy Acquisition Corp
0.70
 5.000
05/01/2052
2,134,321
City & County Of Honolulu Hi
0.70
 5.000
03/01/2031
2,115,989
City Of Chicago Il
0.69
 5.000
01/01/2030
2,113,470
Texas Water Development Board
0.69
 4.000
10/15/2031
2,104,422
California Community Choice Financing A
0.69
 5.500
05/01/2054
2,100,494
Central Florida Expressway Authority
0.69
 5.000
07/01/2038
2,095,010
Fort Bend Independent School District
0.68
 5.000
08/15/2030
2,083,174
State Of Georgia
0.68
 5.000
02/01/2032
2,067,039
City Of Orlando Fl Tourist Development
0.68
 5.000
11/01/2031
2,066,502
Conroe Independent School District
0.68
 5.000
02/15/2027
2,064,920
Los Angeles Unified School District/Ca
0.62
 5.000
07/01/2030
1,885,785
Energy Southeast A Cooperative District
0.62
 5.500
11/01/2053
1,884,859
State Of Connecticut Special Tax Revenu
0.60
 5.000
05/01/2031
1,833,333
State Of California
0.56
 5.000
10/01/2031
1,694,288
New Jersey Educational Facilities Autho
0.55
 5.000
07/01/2064
1,673,628
State Of Maryland
0.54
 5.000
03/15/2031
1,645,805
State Of California
0.54
 5.000
10/01/2031
1,630,118
Wisconsin Health & Educational Faciliti
0.53
 5.000
02/15/2032
1,618,677
State Of North Carolina
0.53
 5.000
03/01/2030
1,614,635
Indiana Finance Authority
0.53
 4.250
11/01/2030
1,602,650
New York City Transitional Finance Auth
0.52
 4.000
11/01/2030
1,580,681
City Of Mesa Az Utility System Revenue
0.52
 4.000
07/01/2031
1,578,198
Curators Of The University Of Missouri/
0.51
 5.000
11/01/2030
1,546,531
Pefa Inc
0.50
 5.000
09/01/2049
1,527,670
California State University
0.50
 5.000
11/01/2031
1,520,142
Main Street Natural Gas Inc
0.50
 4.000
03/01/2050
1,518,277
Metropolitan Transportation Authority
0.49
 5.000
11/15/2031
1,505,681
Kern High School District
0.49
 2.000
08/01/2031
1,497,442
Frisco Independent School District
0.47
 4.000
02/15/2032
1,425,708
State Of Ohio
0.46
 5.000
12/15/2031
1,397,375
State Of California
0.45
 5.000
08/01/2027
1,367,373
New York State Dormitory Authority
0.44
 5.000
10/01/2030
1,347,071
County Of Allen Oh Hospital Facilities
0.44
 5.000
12/01/2029
1,336,776
City Of Columbus Oh
0.44
 5.000
04/01/2031
1,336,415
Central Plains Energy Project
0.43
 5.000
09/01/2031
1,296,758
Jackson County School District No 549c
0.42
 5.000
12/15/2028
1,281,081
Main Street Natural Gas Inc
0.42
 4.000
07/01/2052
1,279,031
Central Florida Expressway Authority
0.42
 4.000
07/01/2031
1,271,967
New York Transportation Development Cor
0.41
 5.000
12/01/2030
1,251,039
Kentucky Public Energy Authority
0.40
 4.000
08/01/2052
1,230,943
New York City Transitional Finance Auth
0.40
 5.000
02/01/2030
1,228,988
State Of North Carolina
0.39
 5.000
06/01/2031
1,201,463
Jefferson County School District R-1
0.39
 5.000
12/15/2030
1,200,279
Triborough Bridge & Tunnel Authority
0.37
 5.000
11/15/2031
1,123,388
Minnesota Public Facilities Authority S
0.37
 5.000
03/01/2031
1,120,366
State Of California
0.37
 5.000
09/01/2030
1,115,741
Connecticut State Health & Educational
0.36
 5.000
07/01/2064
1,109,882
Metropolitan Government Nashville & Dav
0.36
 5.000
07/01/2031
1,103,774
Piedmont Municipal Power Agency
0.36
 5.000
01/01/2032
1,099,200
Metropolitan Transportation Authority
0.36
 5.000
11/15/2030
1,099,018
Texas State Transportation Commission
0.36
 5.000
04/01/2030
1,097,457
Commonwealth Of Massachusetts
0.36
 5.000
05/01/2030
1,096,712
State Of California
0.36
 5.000
10/01/2029
1,090,936
Denton Independent School District
0.36
 5.000
08/15/2029
1,090,887
North Carolina Municipal Power Agency N
0.36
 5.000
01/01/2032
1,090,097
Board Of Regents Of The University Of T
0.36
 5.000
08/15/2029
1,088,654
Main Street Natural Gas Inc
0.36
 5.000
05/01/2054
1,088,329
City Of New York Ny
0.36
 5.000
08/01/2029
1,087,896
State Of Washington
0.36
 5.000
06/01/2031
1,087,484
New Jersey Health Care Facilities Finan
0.36
 5.000
07/01/2031
1,082,438
County Of Allen Oh Hospital Facilities
0.36
 5.000
08/01/2030
1,082,344
Colorado Health Facilities Authority
0.36
 5.000
11/15/2060
1,082,020
Texas Municipal Gas Acquisition & Suppl
0.36
 5.500
01/01/2054
1,080,991
New York State Dormitory Authority
0.36
 5.000
03/15/2029
1,080,593
Minneapolis-St Paul Metropolitan Airpor
0.36
 5.000
01/01/2029
1,080,591
State Of Louisiana
0.36
 5.000
02/01/2029
1,080,336
State Of Maryland
0.35
 5.000
03/15/2029
1,077,780
New York City Transitional Finance Auth
0.35
 5.000
07/15/2031
1,077,476
Main Street Natural Gas Inc
0.35
 5.000
09/01/2053
1,077,193
Arizona Department Of Transportation St
0.35
 5.000
07/01/2031
1,074,148
Southeast Energy Authority A Cooperativ
0.35
 5.250
01/01/2054
1,073,735
Main Street Natural Gas Inc
0.35
 5.000
07/01/2053
1,070,183
State Of California
0.35
 5.000
09/01/2028
1,069,897
State Of North Carolina
0.35
 5.000
05/01/2031
1,069,676
Black Belt Energy Gas District
0.35
 5.500
06/01/2049
1,068,730
California Community Choice Financing A
0.35
 5.250
11/01/2054
1,067,180
Triborough Bridge & Tunnel Authority
0.35
 5.000
11/15/2028
1,063,368
County Of Miami-Dade Fl Water & Sewer S
0.35
 5.000
10/01/2028
1,063,091
California Community Choice Financing A
0.35
 5.000
07/01/2053
1,062,985
Regional Transportation District Sales
0.35
 5.000
11/01/2028
1,062,703
Triborough Bridge & Tunnel Authority
0.35
 5.000
11/15/2028
1,055,689
University Of Connecticut
0.35
 5.000
04/15/2029
1,051,589
New York State Dormitory Authority
0.34
 5.000
08/01/2030
1,048,924
New Jersey Educational Facilities Autho
0.34
 5.000
07/01/2028
1,047,942
Commonwealth Of Pennsylvania
0.34
 5.000
07/15/2027
1,047,618
Hillsboro School District No 1j
0.34
 5.000
06/15/2031
1,046,591
State Of California
0.34
 5.000
09/01/2027
1,045,826
City Of New York Ny
0.34
 5.000
09/01/2027
1,044,452
Commonwealth Of Pennsylvania
0.34
 5.000
09/01/2027
1,044,452
City Of New York Ny
0.34
 5.000
09/01/2027
1,044,452
State Of California
0.34
 5.000
10/01/2027
1,043,864
Iowa Finance Authority
0.34
 5.000
08/01/2031
1,043,611
County Of Harris Tx Toll Road Revenue
0.34
 5.000
08/15/2027
1,043,150
State Of California
0.34
 5.000
11/01/2028
1,041,272
County Of Baltimore Md
0.34
 5.000
03/01/2030
1,040,537
City Of Houston Tx Combined Utility Sys
0.34
 5.000
11/15/2027
1,038,965
New York State Thruway Authority
0.34
 5.000
01/01/2027
1,035,514
State Of Illinois
0.34
 5.000
11/01/2027
1,035,210
Black Belt Energy Gas District
0.34
 5.000
05/01/2053
1,034,396
Washington Convention & Sports Authorit
0.34
 5.000
10/01/2030
1,033,963
California Community Choice Financing A
0.34
 4.000
02/01/2052
1,028,914
Energy Northwest
0.34
 --
07/01/2027
1,027,122
State Of Georgia
0.34
 5.000
07/01/2026
1,023,109
Commonwealth Of Pennsylvania
0.34
 5.000
07/15/2026
1,022,152
Massachusetts Water Resources Authority
0.34
 5.000
08/01/2040
1,020,700
State Of California
0.34
 5.000
09/01/2026
1,019,313
West Virginia Commissioner Of Highways
0.33
 5.000
09/01/2026
1,018,496
San Francisco City & County Public Util
0.33
 5.000
10/01/2026
1,017,204
Louisville/Jefferson County Metropolita
0.33
 5.000
10/01/2047
1,014,894
Triborough Bridge & Tunnel Authority
0.33
 5.000
11/15/2026
1,014,290
Pennsylvania Higher Educational Facilit
0.33
 4.000
08/15/2031
1,013,340
Metropolitan Council
0.33
 5.000
12/01/2026
1,012,561
State Of Connecticut
0.33
 3.000
01/15/2032
1,012,212
Ohio Water Development Authority
0.33
 5.000
12/01/2027
1,011,867
Central Florida Tourism Oversight Distr
0.33
 4.000
06/01/2031
1,011,367
Long Island Power Authority
0.33
 3.000
09/01/2055
1,008,876
New York City Housing Development Corp
0.33
 3.250
11/01/2064
1,007,529
State Of Minnesota
0.33
 3.000
10/01/2030
1,007,279
California State Public Works Board
0.33
 4.000
11/01/2031
1,007,089
State Of Connecticut
0.33
 3.000
06/01/2029
1,006,992
State Of Hawaii
0.33
 3.000
10/01/2029
1,005,241
New York City Housing Development Corp
0.33
 3.125
11/01/2065
1,003,430
King County School District No 414 Lake
0.33
 5.000
12/01/2031
1,002,711
Indiana Finance Authority
0.33
 5.000
06/01/2029
1,000,922
State Of Florida
0.33
 3.000
06/01/2030
999,732
Board Of Regents Of The University Of T
0.32
 5.000
08/15/2031
976,495
State Of Florida Department Of Transpor
0.32
 5.000
07/01/2030
976,341
State Of California
0.32
 5.000
11/01/2028
969,696
Fort Bend Independent School District
0.32
 5.000
02/15/2028
959,557
State Of California Department Of Water
0.31
 5.000
12/01/2031
949,395
Collin County Community College Distric
0.31
 4.000
08/15/2031
947,741
State Of Washington
0.30
 5.000
08/01/2031
918,667
Beverly Hills Unified School District C
0.29
 --
08/01/2030
894,448
State Of New Mexico Severance Tax Perma
0.29
 5.000
07/01/2027
879,814
New York City Transitional Finance Auth
0.29
 5.000
02/01/2027
878,413
Harris County Cultural Education Facili
0.29
 5.000
11/15/2030
878,021
Georgia State Road & Tollway Authority
0.28
 5.000
06/01/2029
856,165
Arizona Department Of Transportation St
0.28
 5.000
07/01/2030
854,204
California State Public Works Board
0.28
 5.000
10/01/2026
844,252
State Of Washington
0.28
 5.000
08/01/2031
842,213
Public Finance Authority
0.27
 4.000
10/01/2041
834,451
Los Angeles County Metropolitan Transpo
0.27
 5.000
07/01/2031
833,377
California State Public Works Board
0.27
 5.000
10/01/2028
817,856
State Of California
0.27
 5.000
10/01/2030
816,098
State Of Illinois
0.27
 5.000
11/01/2026
810,870
State Of North Carolina
0.26
 3.000
05/01/2031
798,547
New Jersey Transportation Trust Fund Au
0.26
 4.100
06/15/2031
795,491
County Of Montgomery Md
0.26
 4.000
08/01/2029
794,014
County Of Fairfax Va
0.26
 5.000
10/01/2031
788,056
City Of Columbus Oh
0.26
 5.000
04/01/2029
780,769
California Health Facilities Financing
0.26
 5.000
11/15/2031
778,691
State Of California
0.25
 5.000
04/01/2027
772,905
State Of Maryland Department Of Transpo
0.25
 4.000
05/01/2030
771,039
University Of Connecticut
0.25
 5.000
01/15/2030
770,373
Regional Transportation Authority
0.25
 5.000
07/01/2028
767,233
New Jersey Economic Development Authori
0.25
 3.125
07/01/2031
760,195
Energy Northwest
0.25
 5.000
07/01/2028
759,044
Parish Of St John The Baptist La
0.25
 2.375
06/01/2037
755,571
Virginia Public Building Authority
0.25
 5.000
08/01/2029
752,495
City Of South Miami Health Facilities A
0.24
 5.000
08/15/2029
739,348
California State Public Works Board
0.24
 5.000
11/01/2029
733,241
Montgomery County Industrial Developmen
0.24
 4.100
06/01/2029
732,647
Illinois Finance Authority
0.24
 5.000
07/01/2027
718,206
State Of Georgia
0.23
 5.000
08/01/2026
714,674
New York State Urban Development Corp
0.23
 5.000
03/15/2027
711,493
Commonwealth Of Massachusetts
0.23
 5.500
01/01/2027
706,114
New York City Transitional Finance Auth
0.23
 5.000
08/01/2031
704,407
Trinity River Authority Central Regiona
0.23
 5.000
08/01/2030
698,749
City Of New York Ny
0.23
 5.000
04/01/2032
697,342
State Of Georgia
0.23
 5.000
02/01/2029
696,036
New Jersey Health Care Facilities Finan
0.23
 5.000
07/01/2029
690,546
State Of Illinois
0.23
 3.500
06/01/2029
685,350
Pennsylvania Housing Finance Agency
0.22
 2.800
10/01/2031
682,209
Washington Metropolitan Area Transit Au
0.22
 5.000
07/01/2031
678,435
New York State Dormitory Authority
0.22
 5.000
03/15/2028
676,270
Town Of Oyster Bay Ny
0.22
 3.250
02/01/2029
673,023
Illinois State Toll Highway Authority
0.22
 5.000
01/01/2027
672,858
New York State Environmental Facilities
0.21
 5.000
06/15/2028
651,200
New Jersey Economic Development Authori
0.21
 5.000
06/15/2034
645,425
City Of San Antonio Tx Electric & Gas S
0.21
 5.000
02/01/2027
643,044
King County School District No 411 Issa
0.21
 4.000
12/01/2031
635,563
City Of Phoenix Civic Improvement Corp
0.21
 5.000
07/01/2029
634,471
New York City Transitional Finance Auth
0.21
 4.000
05/01/2031
633,273
State Of Connecticut Special Tax Revenu
0.21
 5.000
05/01/2028
630,645
Texas Municipal Gas Acquisition & Suppl
0.20
 5.000
12/15/2026
620,383
Virginia College Building Authority
0.20
 5.000
02/01/2027
619,977
Commonwealth Of Massachusetts
0.20
 5.000
07/01/2031
613,823
County Of Lehigh Pa
0.20
 5.000
07/01/2026
613,647
State Of New York Mortgage Agency Homeo
0.20
 3.000
10/01/2031
611,941
City Of Dallas Tx Waterworks & Sewer Sy
0.20
 5.000
10/01/2031
609,558
State Of Maryland Department Of Transpo
0.20
 5.000
10/01/2026
605,000
State Of Illinois Sales Tax Revenue
0.20
 4.000
06/15/2028
602,896
State Of North Carolina
0.20
 5.000
05/01/2029
599,899
Metropolitan Government Of Nashville &
0.19
 4.000
01/01/2032
590,452
Washington Metropolitan Area Transit Au
0.19
 5.000
07/01/2030
579,944
Alabama Public School And College Autho
0.19
 5.000
11/01/2031
576,934
City Of Dallas Tx Waterworks & Sewer Sy
0.19
 5.000
10/01/2030
574,038
Salt River Project Agricultural Improve
0.19
 5.000
01/01/2032
571,521
Utah Transit Authority
0.19
 5.000
12/15/2030
563,114
Indiana Finance Authority
0.18
 5.000
02/01/2032
558,236
San Bernardino Community College Distri
0.18
 4.000
08/01/2049
558,003
Utah Transit Authority
0.18
 5.000
06/15/2030
557,860
Metropolitan Government Of Nashville &
0.18
 4.000
01/01/2031
554,821
Miami Beach Redevelopment Agency
0.18
 5.000
02/01/2031
553,255
State Of California
0.18
 5.000
10/01/2027
553,248
City Of New York Ny
0.18
 5.000
08/01/2030
551,049
New York State Dormitory Authority
0.18
 5.000
03/15/2030
550,368
Chicago O'Hare International Airport
0.18
 5.000
01/01/2030
549,559
City Of New York Ny
0.18
 5.000
11/01/2030
548,404
State Of New Mexico Severance Tax Perma
0.18
 5.000
07/01/2026
547,317
County Of Clark Department Of Aviation
0.18
 5.000
07/01/2029
545,946
Rutherford Cty Health & Edu Fac Brd
0.18
 5.000
11/15/2048
542,226
Southeast Energy Authority A Cooperativ
0.18
 5.000
10/01/2030
540,523
County Of Jefferson Al
0.18
 5.000
09/15/2028
540,048
Austin Independent School District
0.18
 5.000
08/01/2028
539,091
Orange County Convention Center/Orlando
0.18
 5.000
10/01/2030
539,003
City Of New York Ny
0.18
 5.000
10/01/2031
537,766
Metropolitan Government Of Nashville &
0.18
 5.000
07/01/2026
537,137
New York City Industrial Development Ag
0.18
 5.000
03/01/2029
535,737
California Community Choice Financing A
0.18
 5.000
02/01/2054
535,133
City Of Houston Tx
0.18
 5.000
03/01/2032
534,697
City Of San Francisco Ca Public Utiliti
0.18
 5.000
11/01/2028
533,526
Minneapolis-St Paul Metropolitan Airpor
0.18
 5.000
01/01/2030
533,150
California Infrastructure & Economic De
0.18
 5.000
11/01/2029
532,590
Metropolitan Washington Airports Author
0.17
 5.000
10/01/2028
531,894
Shelby County Health Educational & Hous
0.17
 5.000
09/01/2049
531,323
Illinois Finance Authority
0.17
 5.000
01/01/2028
530,538
Kentucky Public Energy Authority
0.17
 5.250
06/01/2055
529,276
Central Puget Sound Regional Transit Au
0.17
 5.000
11/01/2026
527,775
State Of Maryland
0.17
 5.000
03/15/2028
527,621
New York State Dormitory Authority
0.17
 5.000
02/15/2027
526,720
Ohio Turnpike & Infrastructure Commissi
0.17
 5.000
02/15/2031
526,237
American Municipal Power Inc
0.17
 5.000
02/15/2028
525,621
Ohio Turnpike & Infrastructure Commissi
0.17
 5.000
02/15/2032
525,477
Commonwealth Of Massachusetts
0.17
 5.000
07/01/2027
524,130
Central Florida Expressway Authority
0.17
 5.000
07/01/2027
523,537
City Of New York Ny
0.17
 5.000
08/01/2027
523,257
State Of California
0.17
 5.000
10/01/2027
521,932
Arizona Industrial Development Authorit
0.17
 5.000
11/01/2028
521,756
California Health Facilities Financing
0.17
 5.000
11/01/2027
521,380
Main Street Natural Gas Inc
0.17
 5.000
12/01/2052
521,351
Grand River Dam Authority
0.17
 5.000
06/01/2031
520,699
Long Island Power Authority
0.17
 5.000
09/01/2026
519,723
Triborough Bridge & Tunnel Authority
0.17
 5.000
11/15/2027
519,627
State Of Michigan Trunk Line Revenue
0.17
 5.000
11/15/2027
519,337
Tobacco Settlement Financing Corp
0.17
 5.000
06/01/2031
519,189
Virginia Commonwealth Transportation Bo
0.17
 5.000
03/15/2027
518,945
Boulder Larimer & Weld Counties St Vrai
0.17
 5.000
12/15/2035
518,146
State Of Colorado
0.17
 5.000
12/15/2026
518,103
County Of Miami-Dade Fl
0.17
 5.000
10/01/2029
518,057
North Texas Tollway Authority
0.17
 5.000
01/01/2027
517,988
New Jersey Transportation Trust Fund Au
0.17
 5.000
12/15/2026
517,943
Salt River Project Agricultural Improve
0.17
 5.000
01/01/2027
517,728
Tennessee Energy Acquisition Corp
0.17
 5.000
05/01/2053
516,825
New York State Dormitory Authority
0.17
 5.000
02/15/2027
516,393
City Of Forsyth Mt
0.17
 3.875
07/01/2028
515,637
New York State Urban Development Corp
0.17
 5.000
03/15/2027
515,575
City & County Of Honolulu Hi
0.17
 5.000
03/01/2027
515,229
State Of Maryland
0.17
 5.000
03/15/2028
515,160
University Of Colorado
0.17
 4.000
06/01/2034
514,763
Montgomery County Industrial Developmen
0.17
 4.100
10/01/2053
514,721
Commonwealth Of Pennsylvania
0.17
 3.000
01/01/2031
513,697
Commonwealth Of Massachusetts
0.17
 5.000
05/01/2027
513,674
California Community Choice Financing A
0.17
 4.000
05/01/2053
513,168
Lower Colorado River Authority
0.17
 5.000
05/15/2027
512,971
County Of Bexar Tx
0.17
 5.000
06/15/2027
512,641
Butler County Unified School District N
0.17
 4.000
09/01/2030
512,118
Maryland Community Development Administ
0.17
 3.300
01/01/2029
511,631
Los Angeles Unified School District/Ca
0.17
 5.000
07/01/2030
511,611
Delaware Transportation Authority
0.17
 5.000
07/01/2026
511,567
Connecticut State Health & Educational
0.17
 5.000
07/01/2026
511,471
San Diego Public Facilities Financing A
0.17
 5.000
08/01/2027
510,308
Tennessee Energy Acquisition Corp
0.17
 5.625
09/01/2026
510,022
Wisconsin Health & Educational Faciliti
0.17
 4.000
08/15/2031
509,784
Illinois Finance Authority
0.17
 5.000
08/15/2026
509,772
California State Public Works Board
0.17
 5.000
09/01/2026
509,582
County Of Mecklenburg Nc
0.17
 4.000
04/01/2029
509,141
New Jersey Health Care Facilities Finan
0.17
 5.000
09/15/2026
508,730
New York City Transitional Finance Auth
0.17
 5.000
11/01/2026
507,518
City Of Colorado Springs Co Utilities S
0.17
 5.000
11/15/2026
506,942
Metropolitan Transportation Authority
0.17
 5.000
11/15/2026
506,919
City Of Portland Or Sewer System Revenu
0.17
 5.000
12/01/2026
506,256
East County Advanced Water Purification
0.17
 3.125
09/01/2026
504,040
State Of Maryland Department Of Transpo
0.17
 3.000
09/01/2031
503,897
City Of San Antonio Tx Electric & Gas S
0.17
 3.150
02/01/2055
503,613
Michigan State Housing Development Auth
0.17
 3.700
04/01/2030
503,272
New York State Housing Finance Agency
0.17
 3.600
11/01/2063
503,271
Main Street Natural Gas Inc
0.17
 4.000
08/01/2052
503,098
California Infrastructure & Economic De
0.17
 3.000
10/01/2047
502,632
New York State Housing Finance Agency
0.16
 3.800
11/01/2062
501,942
California State Public Works Board
0.16
 3.000
09/01/2031
501,121
California State University
0.16
 3.125
11/01/2051
500,690
Foothill-Eastern Transportation Corrido
0.16
 --
01/01/2027
492,889
County Of Miami-Dade Fl
0.15
 --
10/01/2031
462,572
New York City Transitional Finance Auth
0.15
 5.000
11/01/2027
457,506
State Of Mississippi
0.15
 5.000
10/01/2029
448,136
New Jersey Transportation Trust Fund Au
0.15
 5.000
06/15/2030
445,834
Illinois State Toll Highway Authority
0.14
 5.000
01/01/2027
429,594
Pennsylvania Housing Finance Agency
0.14
 3.200
10/01/2031
425,929
City Of New York Ny
0.14
 5.000
03/01/2027
423,099
State Of Michigan
0.14
 3.000
05/01/2030
411,026
Lone Star College System
0.13
 5.000
02/15/2033
407,789
Commonwealth Of Massachusetts
0.13
 5.000
10/01/2026
406,776
State Of Connecticut Special Tax Revenu
0.13
 5.000
07/01/2031
395,697
State Of Maryland
0.13
 5.000
08/01/2026
393,064
Allegheny County Hospital Development A
0.13
 5.000
07/15/2030
389,033
Oakland Unified School District/Alameda
0.13
 5.000
08/01/2026
387,897
County Of Wake Nc
0.13
 5.000
09/01/2026
382,010
University Of Utah/The
0.13
 5.000
08/01/2031
380,418
City Of Chicago Il
0.12
 5.000
01/01/2027
375,340
Michigan State Housing Development Auth
0.12
 3.100
12/01/2031
368,312
Canadian County Educational Facilities
0.11
 3.000
09/01/2029
331,096
Lancaster County School District/Sc
0.11
 3.250
03/01/2032
327,569
Long Island Power Authority
0.10
 5.000
09/01/2031
317,365
California Health Facilities Financing
0.10
 5.000
08/15/2031
316,117
Kentucky State Property & Building Comm
0.09
 5.000
10/01/2030
275,857
New York State Housing Finance Agency
0.09
 2.500
11/01/2060
264,005
South Dakota Health & Educational Facil
0.09
 5.000
09/01/2030
263,690
Texas Water Development Board
0.09
 5.000
04/15/2030
260,014
County Of Mecklenburg Nc
0.08
 2.000
12/01/2030
237,772
--
1.36
 --
--
4,129,730
Other/Cash
-0.22
 --
--
-666,753
← Scroll for more information →
These are not recommendations to buy or to sell any security. Securities and holdings may vary.

Portfolio

Sector Weightings (%) as at 04/30/2026

  • Sector

    % of Net Assets

  • State GO

    17.68

  • Local GO

    14.38

  • Tax

    10.38

  • Utilities - Other

    8.97

  • Education

    6.61

  • Power

    6.42

  • Water & Sewer

    6.07

  • Hospitals

    6.01

  • Transportation

    5.45

  • Leasing COPS & Appropriations

    3.51

  • Refunded

    3.04

  • Multi-Family Housing

    2.27

  • Toll & Turnpike

    2.14

  • Unassigned

    1.93

  • Airport

    1.06

  • Misc

    0.96

  • Pollution Control

    0.94

  • Single Family Housing

    0.68

  • Tobacco

    0.67

  • Industrial Development Revenue

    0.67

  • Health

    0.17

Credit Quality (%) as of 04/30/2026

Composite % of Net Assets
Investment Grade AAA 18.86
AA 48.21
A 21.70
BBB 4.63
Total Investment Grade -- 93.40
Not Rated -- 6.60
If more than one rating is available for an underlying security, the lower of the two ratings is used. If a bond issued by a national government, national government agency or supranational issuer is not rated, the issuer’s credit rating will be used. If two issuer ratings are available, the lower of the two is used. If only one rating is available in all scenarios, we will use the rating provided. If no rating is available, the security will be not rated. Not rated securities do not necessarily indicate lower credit quality. Ratings and portfolio credit quality may change over time.

Years to Maturity as at 04/30/2026

  • Years

    Maturity (%)

  • < 1

    17.10

  • 1 - 3

    20.70

  • 3 - 5

    36.10

  • 5 - 7

    26.10

  • 7 - 10

    0.00

  • 10 - 15

    0.00

  • 15 - 20

    0.00

  • 20 - 30

    0.00

  • 30 +

    0.00

Fees

Distributions

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
06/01/2026 06/01/2026 06/04/2026 $ 0.0356 -- -- -- $ 0.04
05/01/2026 05/01/2026 05/06/2026 $ 0.0387 -- -- -- $ 0.04
04/01/2026 04/01/2026 04/07/2026 $ 0.0458 -- -- -- $ 0.05
03/02/2026 03/02/2026 03/05/2026 $ 0.0356 -- -- -- $ 0.04
02/02/2026 02/02/2026 02/05/2026 $ 0.0398 -- -- -- $ 0.04
12/29/2025 12/29/2025 12/31/2025 $ 0.0405 -- -- -- $ 0.04
11/28/2025 11/28/2025 12/03/2025 $ 0.0372 -- -- -- $ 0.04
11/03/2025 11/03/2025 11/06/2025 $ 0.0405 -- -- -- $ 0.04
10/01/2025 10/01/2025 10/06/2025 $ 0.0371 -- -- -- $ 0.04
09/02/2025 09/02/2025 09/05/2025 $ 0.0389 -- -- -- $ 0.04
08/01/2025 08/01/2025 08/06/2025 $ 0.0402 -- -- -- $ 0.04
07/01/2025 07/01/2025 07/07/2025 $ 0.0368 -- -- -- $ 0.04
06/02/2025 06/02/2025 06/05/2025 $ 0.0384 -- -- -- $ 0.04
05/01/2025 05/01/2025 05/06/2025 $ 0.0356 -- -- -- $ 0.04
04/01/2025 04/01/2025 04/04/2025 $ 0.0432 -- -- -- $ 0.04
03/03/2025 03/03/2025 03/06/2025 $ 0.0325 -- -- -- $ 0.03
02/03/2025 02/03/2025 02/06/2025 $ 0.0366 -- -- -- $ 0.04
12/27/2024 12/27/2024 12/30/2024 $ 0.0368 -- -- -- $ 0.04
12/02/2024 12/02/2024 12/05/2024 $ 0.0340 -- -- -- $ 0.03
11/01/2024 11/01/2024 11/06/2024 $ 0.0372 -- -- -- $ 0.04
10/01/2024 10/01/2024 10/04/2024 $ 0.0344 -- -- -- $ 0.03
09/03/2024 09/03/2024 09/06/2024 $ 0.0347 -- -- -- $ 0.03
08/01/2024 08/01/2024 08/06/2024 $ 0.0368 -- -- -- $ 0.04
07/01/2024 07/01/2024 07/05/2024 $ 0.0329 -- -- -- $ 0.03
06/03/2024 06/03/2024 06/06/2024 $ 0.0250 -- -- -- $ 0.03
05/01/2024 05/02/2024 05/07/2024 $ 0.0300 -- -- -- $ 0.03
04/01/2024 04/02/2024 04/05/2024 $ 0.0442 -- -- -- $ 0.04
03/01/2024 03/04/2024 03/07/2024 $ 0.0292 -- -- -- $ 0.03
02/01/2024 02/02/2024 02/07/2024 $ 0.0315 -- -- -- $ 0.03
12/27/2023 12/28/2023 12/29/2023 $ 0.0314 -- -- -- $ 0.03
12/01/2023 12/04/2023 12/07/2023 $ 0.0274 -- -- -- $ 0.03
11/01/2023 11/02/2023 11/07/2023 $ 0.0300 -- -- -- $ 0.03
10/02/2023 10/03/2023 10/06/2023 $ 0.0269 -- -- -- $ 0.03
09/01/2023 09/05/2023 09/08/2023 $ 0.0245 -- -- -- $ 0.02
08/01/2023 08/02/2023 08/10/2023 $ 0.0312 -- -- -- $ 0.03
07/03/2023 07/05/2023 07/07/2023 $ 0.0240 -- -- -- $ 0.02
06/01/2023 06/02/2023 06/07/2023 $ 0.0246 -- -- -- $ 0.02
05/01/2023 05/02/2023 05/05/2023 $ 0.0219 -- -- -- $ 0.02
04/03/2023 04/04/2023 04/10/2023 $ 0.0297 -- -- -- $ 0.03
03/01/2023 03/02/2023 03/07/2023 $ 0.0185 -- -- -- $ 0.02
02/01/2023 02/02/2023 02/07/2023 $ 0.0227 -- -- -- $ 0.02
12/28/2022 12/29/2022 12/30/2022 $ 0.0231 -- -- -- $ 0.02
12/01/2022 12/02/2022 12/07/2022 $ 0.0197 -- -- -- $ 0.02
11/01/2022 11/02/2022 11/07/2022 $ 0.0215 -- -- -- $ 0.02
10/03/2022 10/04/2022 10/07/2022 $ 0.0180 -- -- -- $ 0.02
09/01/2022 09/02/2022 09/08/2022 $ 0.0191 -- -- -- $ 0.02
08/01/2022 08/02/2022 08/05/2022 $ 0.0205 -- -- -- $ 0.02
07/01/2022 07/05/2022 07/08/2022 $ 0.0204 -- -- -- $ 0.02
06/01/2022 06/02/2022 06/07/2022 $ 0.0166 -- -- -- $ 0.02
05/02/2022 05/03/2022 05/06/2022 $ 0.0172 -- -- -- $ 0.02
04/01/2022 04/04/2022 04/07/2022 $ 0.0178 -- -- -- $ 0.02
03/01/2022 03/02/2022 03/07/2022 $ 0.0131 -- -- -- $ 0.01
02/01/2022 02/02/2022 02/07/2022 $ 0.0151 -- -- -- $ 0.02
12/29/2021 12/30/2021 12/31/2021 $ 0.0169 $ 0.0018 $ 0.0226 -- $ 0.04
12/01/2021 12/02/2021 12/07/2021 $ 0.0142 -- -- -- $ 0.01
11/01/2021 11/02/2021 11/05/2021 $ 0.0168 -- -- -- $ 0.02
10/01/2021 10/04/2021 10/07/2021 $ 0.0143 -- -- -- $ 0.01
09/01/2021 09/02/2021 09/08/2021 $ 0.0159 -- -- -- $ 0.02
08/02/2021 08/03/2021 08/06/2021 $ 0.0175 -- -- -- $ 0.02
07/01/2021 07/02/2021 07/08/2021 $ 0.0162 -- -- -- $ 0.02
06/01/2021 06/02/2021 06/07/2021 $ 0.0177 -- -- -- $ 0.02
05/03/2021 05/04/2021 05/07/2021 $ 0.0167 -- -- -- $ 0.02
04/01/2021 04/05/2021 04/08/2021 $ 0.0189 -- -- -- $ 0.02
03/01/2021 03/02/2021 03/05/2021 $ 0.0148 -- -- -- $ 0.01
02/01/2021 02/02/2021 02/05/2021 $ 0.0178 -- -- -- $ 0.02
12/29/2020 12/30/2020 01/05/2021 $ 0.0222 -- -- -- $ 0.02
12/01/2020 12/02/2020 12/07/2020 $ 0.0199 -- -- -- $ 0.02
11/02/2020 11/03/2020 11/06/2020 $ 0.0232 -- -- -- $ 0.02
10/01/2020 10/02/2020 10/07/2020 $ 0.0207 -- -- -- $ 0.02
09/01/2020 09/02/2020 09/08/2020 $ 0.0226 -- -- -- $ 0.02
08/03/2020 08/04/2020 08/07/2020 $ 0.0248 -- -- -- $ 0.02
07/01/2020 07/02/2020 07/08/2020 $ 0.0216 -- -- -- $ 0.02
06/01/2020 06/02/2020 06/05/2020 $ 0.0245 -- -- -- $ 0.02
05/01/2020 05/04/2020 05/07/2020 $ 0.0236 -- -- -- $ 0.02
04/01/2020 04/02/2020 04/07/2020 $ 0.0244 -- -- -- $ 0.02
03/02/2020 03/03/2020 03/06/2020 $ 0.0212 -- -- -- $ 0.02
02/03/2020 02/04/2020 02/07/2020 $ 0.0234 -- -- -- $ 0.02
12/30/2019 12/31/2019 01/06/2020 $ 0.0247 -- -- -- $ 0.02
12/02/2019 12/03/2019 12/06/2019 $ 0.0240 -- -- -- $ 0.02
11/01/2019 11/04/2019 11/07/2019 $ 0.0233 -- -- -- $ 0.02
10/01/2019 10/02/2019 10/07/2019 $ 0.0226 -- -- -- $ 0.02
09/03/2019 09/04/2019 09/09/2019 $ 0.0236 -- -- -- $ 0.02
08/01/2019 08/02/2019 08/07/2019 $ 0.0238 -- -- -- $ 0.02
07/01/2019 07/02/2019 07/08/2019 $ 0.0231 -- -- -- $ 0.02
06/03/2019 06/04/2019 06/07/2019 $ 0.0227 -- -- -- $ 0.02
05/01/2019 05/02/2019 05/07/2019 $ 0.0233 -- -- -- $ 0.02
04/01/2019 04/02/2019 04/05/2019 $ 0.0240 -- -- -- $ 0.02
03/01/2019 03/04/2019 03/07/2019 $ 0.0220 -- -- -- $ 0.02
02/01/2019 02/04/2019 02/07/2019 $ 0.0240 -- -- -- $ 0.02
12/27/2018 12/28/2018 01/03/2019 $ 0.0237 -- -- -- $ 0.02
12/03/2018 12/04/2018 12/07/2018 $ 0.0224 -- -- -- $ 0.02
11/01/2018 11/02/2018 11/07/2018 $ 0.0228 -- -- -- $ 0.02
10/01/2018 10/02/2018 10/05/2018 $ 0.0221 -- -- -- $ 0.02
09/04/2018 09/05/2018 09/10/2018 $ 0.0224 -- -- -- $ 0.02
08/01/2018 08/02/2018 08/07/2018 $ 0.0223 -- -- -- $ 0.02
07/02/2018 07/03/2018 07/09/2018 $ 0.0223 -- -- -- $ 0.02
06/01/2018 06/04/2018 06/07/2018 $ 0.0223 -- -- -- $ 0.02
05/01/2018 05/02/2018 05/07/2018 $ 0.0200 -- -- -- $ 0.02
04/02/2018 04/03/2018 04/06/2018 $ 0.0203 -- -- -- $ 0.02
03/01/2018 03/02/2018 03/07/2018 $ 0.0178 -- -- -- $ 0.02
02/01/2018 02/02/2018 02/07/2018 $ 0.0198 -- -- -- $ 0.02
12/27/2017 12/28/2017 01/03/2018 $ 0.0188 -- -- -- $ 0.02
12/01/2017 12/04/2017 12/07/2017 $ 0.0178 -- -- -- $ 0.02
11/01/2017 11/02/2017 11/07/2017 $ 0.0183 -- -- -- $ 0.02
10/02/2017 10/03/2017 10/06/2017 $ 0.0175 -- -- -- $ 0.02
09/01/2017 09/06/2017 09/08/2017 $ 0.0179 -- -- -- $ 0.02
08/01/2017 08/03/2017 08/07/2017 $ 0.0178 -- -- -- $ 0.02
07/03/2017 07/06/2017 07/10/2017 $ 0.0175 -- -- -- $ 0.02
06/01/2017 06/05/2017 06/07/2017 $ 0.0188 -- -- -- $ 0.02
05/01/2017 05/03/2017 05/05/2017 $ 0.0171 -- -- -- $ 0.02
04/03/2017 04/05/2017 04/07/2017 $ 0.0177 -- -- -- $ 0.02
03/01/2017 03/03/2017 03/07/2017 $ 0.0153 -- -- -- $ 0.02
02/01/2017 02/03/2017 02/07/2017 $ 0.0170 -- -- -- $ 0.02
12/28/2016 12/30/2016 01/04/2017 $ 0.0166 -- -- -- $ 0.02
12/01/2016 12/05/2016 12/07/2016 $ 0.0154 -- -- -- $ 0.02
11/01/2016 11/03/2016 11/07/2016 $ 0.0155 -- -- -- $ 0.02
10/03/2016 10/05/2016 10/07/2016 $ 0.0155 -- -- -- $ 0.02
09/01/2016 09/06/2016 09/08/2016 $ 0.0160 -- -- -- $ 0.02
08/01/2016 08/03/2016 08/05/2016 $ 0.0160 -- -- -- $ 0.02
07/01/2016 07/06/2016 07/08/2016 $ 0.0160 -- -- -- $ 0.02
06/01/2016 06/03/2016 06/07/2016 $ 0.0168 -- -- -- $ 0.02
05/02/2016 05/04/2016 05/06/2016 $ 0.0163 -- -- -- $ 0.02
04/01/2016 04/05/2016 04/07/2016 $ 0.0168 -- -- -- $ 0.02
03/01/2016 03/03/2016 03/07/2016 $ 0.0158 -- -- -- $ 0.02
02/01/2016 02/03/2016 02/05/2016 $ 0.0170 -- -- -- $ 0.02
12/29/2015 12/31/2015 01/05/2016 $ 0.0170 -- -- -- $ 0.02
12/01/2015 12/03/2015 12/07/2015 $ 0.0164 -- -- -- $ 0.02
11/02/2015 11/04/2015 11/06/2015 $ 0.0175 -- -- -- $ 0.02
10/01/2015 10/05/2015 10/07/2015 $ 0.0168 -- -- -- $ 0.02
09/01/2015 09/03/2015 09/08/2015 $ 0.0167 -- -- -- $ 0.02
08/03/2015 08/05/2015 08/07/2015 $ 0.0165 -- -- -- $ 0.02
07/01/2015 07/06/2015 07/08/2015 $ 0.0162 -- -- -- $ 0.02
06/01/2015 06/03/2015 06/05/2015 $ 0.0166 -- -- -- $ 0.02
05/01/2015 05/05/2015 05/07/2015 $ 0.0160 -- -- -- $ 0.02
04/01/2015 04/06/2015 04/08/2015 $ 0.0166 -- -- -- $ 0.02
03/02/2015 03/04/2015 03/06/2015 $ 0.0150 -- -- -- $ 0.01
02/02/2015 02/04/2015 02/06/2015 $ 0.0169 -- -- -- $ 0.02
12/29/2014 12/31/2014 01/05/2015 $ 0.0169 -- -- -- $ 0.02
12/01/2014 12/03/2014 12/05/2014 $ 0.0160 -- -- -- $ 0.02
11/03/2014 11/05/2014 11/07/2014 $ 0.0171 -- -- -- $ 0.02
10/01/2014 10/03/2014 10/07/2014 $ 0.0162 -- -- -- $ 0.02
09/02/2014 09/04/2014 09/08/2014 $ 0.0174 -- -- -- $ 0.02
08/01/2014 08/05/2014 08/07/2014 $ 0.0175 -- -- -- $ 0.02
07/01/2014 07/03/2014 07/08/2014 $ 0.0169 -- -- -- $ 0.02
06/02/2014 06/04/2014 06/06/2014 $ 0.0178 -- -- -- $ 0.02
05/01/2014 05/05/2014 05/07/2014 $ 0.0180 -- -- -- $ 0.02
04/01/2014 04/03/2014 04/07/2014 $ 0.0184 -- -- -- $ 0.02
03/03/2014 03/05/2014 03/07/2014 $ 0.0202 -- -- -- $ 0.02
02/03/2014 02/05/2014 02/07/2014 $ 0.0205 -- -- -- $ 0.02
12/27/2013 12/31/2013 01/03/2014 $ 0.0209 -- -- -- $ 0.02
12/02/2013 12/04/2013 12/06/2013 $ 0.0203 -- -- -- $ 0.02
11/01/2013 11/05/2013 11/07/2013 $ 0.0232 -- -- -- $ 0.02
10/01/2013 10/03/2013 10/07/2013 $ 0.0198 -- -- -- $ 0.02
09/03/2013 09/05/2013 09/09/2013 $ 0.0204 -- -- -- $ 0.02
08/01/2013 08/05/2013 08/07/2013 $ 0.0194 -- -- -- $ 0.02
07/01/2013 07/03/2013 07/08/2013 $ 0.0195 -- -- -- $ 0.02
06/03/2013 06/05/2013 06/07/2013 $ 0.0200 -- -- -- $ 0.02
05/01/2013 05/03/2013 05/07/2013 $ 0.0200 -- -- -- $ 0.02
04/01/2013 04/03/2013 04/05/2013 $ 0.0204 -- -- -- $ 0.02
03/01/2013 03/05/2013 03/07/2013 $ 0.0186 -- -- -- $ 0.02
02/01/2013 02/05/2013 02/07/2013 $ 0.0202 -- -- -- $ 0.02
12/27/2012 12/31/2012 01/03/2013 $ 0.0213 -- $ 0.0110 -- $ 0.03
12/03/2012 12/05/2012 12/07/2012 $ 0.0205 -- -- -- $ 0.02
11/01/2012 11/05/2012 11/07/2012 $ 0.0210 -- -- -- $ 0.02
10/01/2012 10/03/2012 10/05/2012 $ 0.0213 -- -- -- $ 0.02
09/04/2012 09/07/2012 09/10/2012 $ 0.0226 -- -- -- $ 0.02
08/01/2012 08/03/2012 08/07/2012 $ 0.0234 -- -- -- $ 0.02
07/02/2012 07/05/2012 07/09/2012 $ 0.0233 -- -- -- $ 0.02
06/01/2012 06/05/2012 06/07/2012 $ 0.0245 -- -- -- $ 0.02
05/01/2012 05/03/2012 05/07/2012 $ 0.0243 -- -- -- $ 0.02
04/02/2012 04/04/2012 04/09/2012 $ 0.0258 -- -- -- $ 0.03
03/01/2012 03/05/2012 03/07/2012 $ 0.0248 -- -- -- $ 0.02
02/01/2012 02/03/2012 02/07/2012 $ 0.0265 -- -- -- $ 0.03
12/28/2011 12/30/2011 01/04/2012 $ 0.0279 -- $ 0.0002 -- $ 0.03
12/01/2011 12/05/2011 12/07/2011 $ 0.0270 -- -- -- $ 0.03
11/01/2011 11/03/2011 11/07/2011 $ 0.0270 -- -- -- $ 0.03
10/03/2011 10/05/2011 10/07/2011 $ 0.0270 -- -- -- $ 0.03
09/01/2011 09/06/2011 09/08/2011 $ 0.0282 -- -- -- $ 0.03
08/01/2011 08/03/2011 08/05/2011 $ 0.0290 -- -- -- $ 0.03
07/01/2011 07/06/2011 07/08/2011 $ 0.0268 -- -- -- $ 0.03
06/01/2011 06/03/2011 06/07/2011 $ 0.0290 -- -- -- $ 0.03
05/02/2011 05/04/2011 05/06/2011 $ 0.0275 -- -- -- $ 0.03
04/01/2011 04/05/2011 04/07/2011 $ 0.0330 -- -- -- $ 0.03
03/01/2011 03/03/2011 03/07/2011 $ 0.0281 -- -- -- $ 0.03
02/01/2011 02/03/2011 02/07/2011 $ 0.0310 -- -- -- $ 0.03
12/29/2010 12/31/2010 01/05/2011 $ 0.0300 $ 0.0210 $ 0.0370 -- $ 0.09
12/01/2010 12/03/2010 12/07/2010 $ 0.0280 -- -- -- $ 0.03
11/01/2010 11/03/2010 11/05/2010 $ 0.0290 -- -- -- $ 0.03
10/01/2010 10/05/2010 10/07/2010 $ 0.0290 -- -- -- $ 0.03
09/01/2010 09/03/2010 09/08/2010 $ 0.0300 -- -- -- $ 0.03
08/02/2010 08/04/2010 08/06/2010 $ 0.0300 -- -- -- $ 0.03
07/01/2010 07/06/2010 07/08/2010 $ 0.0290 -- -- -- $ 0.03
06/01/2010 06/03/2010 06/07/2010 $ 0.0300 -- -- -- $ 0.03
05/03/2010 05/05/2010 05/07/2010 $ 0.0300 -- -- -- $ 0.03
04/01/2010 04/06/2010 04/08/2010 $ 0.0300 -- -- -- $ 0.03
03/01/2010 03/03/2010 03/05/2010 $ 0.0280 -- -- -- $ 0.03
02/01/2010 02/03/2010 02/05/2010 $ 0.0300 -- -- -- $ 0.03
12/29/2009 12/31/2009 01/05/2010 $ 0.0325 -- -- -- $ 0.03
12/01/2009 12/03/2009 12/07/2009 $ 0.0310 -- -- -- $ 0.03
11/02/2009 11/04/2009 11/06/2009 $ 0.0320 -- -- -- $ 0.03
10/01/2009 10/05/2009 10/07/2009 $ 0.0300 -- -- -- $ 0.03
09/01/2009 09/03/2009 09/08/2009 $ 0.0315 -- -- -- $ 0.03
08/03/2009 08/05/2009 08/07/2009 $ 0.0360 -- -- -- $ 0.04
07/01/2009 07/06/2009 07/08/2009 $ 0.0340 -- -- -- $ 0.03
06/01/2009 06/03/2009 06/05/2009 $ 0.0350 -- -- -- $ 0.04
05/01/2009 05/05/2009 05/07/2009 $ 0.0370 -- -- -- $ 0.04
04/01/2009 04/03/2009 04/07/2009 $ 0.0400 -- -- -- $ 0.04
03/02/2009 03/04/2009 03/06/2009 $ 0.0360 -- -- -- $ 0.04
02/02/2009 02/04/2009 02/06/2009 $ 0.0380 -- -- -- $ 0.04
12/26/2008 12/30/2008 01/06/2009 $ 0.0370 -- -- -- $ 0.04
12/01/2008 12/03/2008 12/05/2008 $ 0.0450 -- -- -- $ 0.04
11/03/2008 11/05/2008 11/07/2008 $ 0.0340 -- -- -- $ 0.03
10/01/2008 10/03/2008 10/07/2008 $ 0.0367 -- -- -- $ 0.04
09/02/2008 09/04/2008 09/09/2008 $ 0.0393 -- -- -- $ 0.04
08/01/2008 08/05/2008 08/07/2008 $ 0.0377 -- -- -- $ 0.04
07/01/2008 07/03/2008 07/08/2008 $ 0.0367 -- -- -- $ 0.04
06/02/2008 06/04/2008 06/06/2008 $ 0.0400 -- -- -- $ 0.04
05/01/2008 05/05/2008 05/07/2008 $ 0.0100 -- -- -- $ 0.01
04/01/2008 04/03/2008 04/08/2008 $ 0.0687 -- -- -- $ 0.07

‡All registered investment companies are obliged to distribute portfolio gains to shareholders at yearend regardless of performance. Trading VanEck 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 VanEck ETFs on the record date. Distributions are paid to shareholders on the payment date. Past distributions are not indicative of future distributions.

Certain distributions may constitute a return of capital, which will have the effect of reducing your cost basis in the Fund’s shares and thereby increasing the amount of capital gain, if any, or decreasing the amount of capital loss, if any, that you will realize when selling or exchanging Fund shares. The final determination of the tax characteristics cannot be determined until after each Fund’s yearend and are reported to shareholders on Form 1099-DIV. The form is mailed to shareholders shortly after calendar yearend specifying how the distributions paid by the Fund during the prior calendar year should be characterized for purposes of reporting the distribution on a shareholder’s tax return.

The tax treatment and characterization of the Fund’s distributions may vary significantly from time to time depending on whether the Fund has gains or losses on the securities in its portfolio. The Fund’s distributions will normally reflect past and projected net investment income, and may include income from dividends and interest, capital gains and/or a return of capital. The final composition of the tax characteristics of the distributions cannot be determined with certainty until after the end of the year, and will be reported to shareholders at that time. The amount of distributions will vary, depending on a number of factors. As portfolio and market conditions change, the rate of dividends may change. There can be no assurance that the Fund will be able to declare a dividend distribution in each period. Past performance is no guarantee of future results.

Click here to access more detailed yearend tax information

Team

Resources

Regulatory Information

Fund Documents

Thought Leadership

SMB