Skip directly to Accessibility Notice

How to Purchase

XMPT
VanEck Vectors CEF Municipal Income ETF

Fund Description

The VanEck 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 (CEFMXTR), 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.

Why Munis?

 
 

  • Fund Ticker

    XMPT
  • Exchange

    Cboe
  • ETF Structure

    Physical
  • Administrator

    Van Eck Associates
  • Custodian

    State Street Bank and Trust Company
  • Index Ticker

    CEFMXTR
  • Index Rebalancing

    Quarterly

 
as of 08/03/20

  • 30-Day SEC Yield1

    4.04%
  • Total Net Assets

    $159.3M
  • Number of Holdings

    62
  • Options

    Expected
  • Gross Expense Ratio2

    1.86%
  • Net Expense Ratio/TER2

    1.86%
  • Distribution Frequency

    Monthly

Morningstar™ Ratings3
as of 06/30/2020

Category Overall 3 Year 5 Year
Muni National Long
4 stars of 147 funds
3 stars of 147 funds
5 stars of 139 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 08/03/20

  • 30-Day SEC Yield1

    4.04%
  • Distribution Yield1

    4.07%
  • 12-Month Yield1

    3.62%
  • Taxable Equivalent 30-Day SEC Yields1a

  • 12% Federal Tax Rate

    4.59%
  • 22% Federal Tax Rate

    5.18%
  • 24% Federal Tax Rate

    5.32%
  • 32% Federal Tax Rate

    5.94%
  • 35% Federal Tax Rate

    6.22%
  • 37% Federal Tax Rate

    6.41%
 1/1a See Important Disclosure for definitions.

Fees & Expenses2

  • Management Fee

    0.40%
  • Other Expenses

    --
  • Acquired Fund Fees and Expenses

    1.46%
  • Gross Expense Ratio

    1.86%
  • Fee Waivers and
    Expense Reimbursement

    --
  • Net Expense Ratio/TER2

    1.86%
2Van Eck Associates Corporation (the “Adviser”) will pay all expenses of the Fund, except for the fee payment under the investment management agreement, acquired fund fees and expenses, interest expense, offering costs, trading expenses, taxes and extraordinary expenses.

Premium/Discount: CEFs Held by XMPT Download

 

This chart does not represent XMPT's premium/discount. It represents the weighted average premium/discount of the underlying closed-end funds (CEFs) held by XMPT. There are many factors that influence the up-down movement of a closed-end fund's share price, such as the fund's yield, performance, and investor demand.

Trading Information

  • Fund Ticker

    XMPT
  • Index Total Return Ticker

    CEFMXTR
  • NAV

    XMPTNV
  • Intraday NAV (IIV)5

    XMPTIV
  • Shares Outstanding

    5,800,000
  • Estimated Cash

    XMPTEU
  • Total Cash

    XMPTTC
  • CUSIP

    92189F460
  • ISIN

    US92189F4607
5See IIV Details. Source: Bloomberg

Prices as of 08/03/20

NAV/
Market 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
30-Day
Median
Bid Ask
Spread
NAV
Chart
XMPT $27.47
$27.50
21,177
35,317
$0.05 / +0.19%
$0.10 / +0.37%
+2.01%
+1.93%
$0.03
0.11%
--

Premium/Discount History as of 08/03/20

Calendar Year 2019 3Q 2019 4Q 2019 1Q 2020 2Q 2020 Premium/Discount Charts NAV & Prem/Discount History
Days closed at a premium 149 40 43 40 25
XMPT Days closed at NAV 27 7 10 2 2
Days closed at a discount 76 17 11 20 36

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) 1.62 4.02 -3.08 1.39 3.59 5.68 -- 5.74
XMPT (Share Price) 2.11 4.31 -2.80 1.51 3.72 5.75 -- 5.78
CEFMXTR (Index) 1.64 4.17 -3.11 1.85 3.98 6.04 -- 6.12
Performance Differential (NAV - Index) -0.02 -0.15 0.03 -0.46 -0.39 -0.36 -- -0.38
1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
07/12/11
XMPT (NAV) 1.62 4.02 -3.08 1.39 3.59 5.68 -- 5.74
XMPT (Share Price) 2.11 4.31 -2.80 1.51 3.72 5.75 -- 5.78
CEFMXTR (Index) 1.64 4.17 -3.11 1.85 3.98 6.04 -- 6.12
Performance Differential (NAV - Index) -0.02 -0.15 0.03 -0.46 -0.39 -0.36 -- -0.38

Top 10 Holdings (%) as of 06/30/20 Daily Holdings

Total Holdings: 62
Swipe
to view
full data
Holding Name
Ticker
Shares Market Value
(US$)
% of Net
Assets
NUVEEN AMT-FREE MUNICIPAL CREDIT INCOME
NVG US
791,346
12,091,767 7.96
NUVEEN AMT-FREE QUALITY MUNICIPAL INCOM
NEA US
857,206
11,915,163 7.84
NUVEEN QUALITY MUNICIPAL INCOME FUND
NAD US
843,406
11,824,552 7.78
NUVEEN MUNICIPAL CREDIT INCOME FUND
NZF US
623,116
9,197,192 6.05
BLACKROCK MUNICIPAL 2030 TARGET TERM TR
BTT US
320,151
7,606,788 5.01
NUVEEN MUNICIPAL VALUE FUND INC
NUV US
656,461
6,695,902 4.41
EATON VANCE MUNICIPAL BOND FUND
EIM US
359,320
4,570,550 3.01
BLACKROCK MUNIYIELD QUALITY FUND III IN
MYI US
322,363
4,197,166 2.76
INVESCO MUNICIPAL OPPORTUNITY TRUST
VMO US
303,666
3,601,479 2.37
INVESCO VALUE MUNICIPAL INCOME TRUST
IIM US
218,260
3,153,857 2.08
Top 10 Total (%) 49.27

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

Currency Exposure (%)
as of 06/30/20

  • U.S. Dollar

    100.08
  • Other/Cash

    -0.08