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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.

  •  
      

    • 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 12/08/16

    • 30-Day SEC Yield1

      5.27%
    • Total Net Assets

      $78.8M
    • Number of Holdings

      71
    • Options

      Expected
    • Gross Expense Ratio2

      1.70%
    • Net Expense Ratio/TER2

      1.56%
    • Distribution Frequency

      Monthly
    • Next Distribution Date

      12/16/2016
  • Morningstar™ Ratings3
    as of 11/30/16

    Category Overall 3 Year 5 Year
    Muni National Long
         
    5 stars of 146 Funds
         
    5 stars of 146 Funds
         
    5 stars of 134 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 12/08/16

    • 30-Day SEC Yield1

      5.27%
    • Distribution Yield1

      5.51%
    • 12-Month Yield1

      5.37%
    • Taxable Equivalent 30-Day SEC Yields1a

      --
    • 15% Federal Tax Rate

      6.20%
    • 25% Federal Tax Rate

      7.02%
    • 28% Federal Tax Rate

      7.32%
    • 33% Federal Tax Rate

      7.86%
    • 39.6% Federal Tax Rate

      8.72%
     1/1a See Important Disclosure for definitions.
  • Fees & Expenses2

    • Management Fee

      0.40%
    • Other Expenses

      0.14%
    • Acquired Fund Fees and Expenses

      1.16%
    • Gross Expense Ratio

      1.70%
    • Fee Waivers and
      Expense Reimbursement

      -0.14%
    • Net Expense Ratio/TER2

      1.56%
    2Expenses for XMPT are capped contractually at 0.40% until 09/01/17. Cap excludes certain expenses, such as interest.
  • Trading Information

    • Fund Ticker

      XMPT
    • Index Total Return Ticker

      CEFMXTR
    • NAV

      XMPTNV
    • Intraday NAV (IIV)5

      XMPTIV
    • Shares Outstanding

      3,050,000
    • Estimated Cash

      XMPTEU
    • Total Cash

      XMPTTC
    • CUSIP

      92189F460
    • ISIN

      US92189F4607
    5See IIV Details. Source: Bloomberg
  • Prices as of 12/08/16

    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 $25.82
    $25.86
    56,585
    24,328
    -$0.16 / -0.63%
    $-0.12 / -0.46%
    +1.8%
    +1.4%
    $0.04
    0.15%
  • View All IndicesView All ETFsPerformance History: Average Annual Total Returns* (%)

    1 MO*3 MO*YTD*1 YR3 YR5 YR10 YRLIFE
    07/12/11
    XMPT (NAV)-4.91-11.030.052.329.225.02--5.98
    XMPT (Share Price)-4.44-11.31-0.322.409.245.06--6.00
    CEFMXTR (Index)-4.88-10.96-0.052.719.665.43--6.40
    Performance Differential (NAV - Index)-0.03-0.070.10-0.39-0.44-0.41---0.42
    After Tax Held-5.09-11.51-1.880.166.702.67--3.66
    After Tax Sold-2.77-6.220.121.405.962.83--3.60
    Quarter End as of 09/30/16
    1 MO*3 MO*YTD*1 YR3 YR5 YR10 YRLIFE
    07/12/11
    XMPT (NAV)-0.73-1.0511.6317.6212.157.87--8.43
    XMPT (Share Price)-1.24-1.4611.0117.5412.107.95--8.41
    CEFMXTR (Index)-0.71-0.9511.4618.1012.618.30--8.86
    Performance Differential (NAV - Index)-0.02-0.100.17-0.48-0.46-0.43---0.43
    After Tax Held-0.89-1.549.8915.139.545.46--6.06
    After Tax Sold-0.41-0.596.559.898.134.97--5.45
  • Daily HoldingsTop 10 Holdings (%) as of 11/30/16

    Total Holdings: 71
    Holding Name
    Ticker
    SharesMarket Value
    (US$)
    % of Net
    Assets
    Nuveen Amt-Free Quality Municipal Incom
    NEA US
    540,877
    7,117,9418.07
    Nuveen Quality Municipal Income Fund
    NAD US
    524,946
    7,055,2748.00
    Nuveen Enhanced Amt-Free Municipal Cred
    NVG US
    496,063
    6,954,8037.88
    Nuveen Enhanced Municipal Credit Opport
    NZF US
    425,737
    5,875,1716.66
    Blackrock Municipal 2030 Target Term Tr
    BTT US
    192,600
    4,175,5684.73
    Nuveen Municipal Value Fund Inc
    NUV US
    400,376
    3,787,5574.29
    Eaton Vance Municipal Bond Fund
    EIM US
    187,658
    2,308,1932.62
    Invesco Trust For Investment Grade Muni
    VGM US
    147,173
    1,841,1342.09
    Invesco Municipal Trust
    VKQ US
    148,895
    1,800,1412.04
    Blackrock Muniyield Quality Fund Iii In
    MYI US
    133,647
    1,793,5432.03
    Top 10 Total (%)48.41

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

  • Currency Exposure (%)
    as of 11/30/16

    • U.S. Dollar

      99.86
    • Other/Cash

      0.14