Skip directly to Accessibility Notice

How to Purchase

Individual Investors

Subscribe to email updates

Subscribe Now

Financial Professionals

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

    Cboe
  • 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 04/18/19

  • 30-Day SEC Yield1

    4.41%
  • Total Net Assets

    $140.9M
  • Number of Holdings

    64
  • Options

    Expected
  • Gross Expense Ratio2

    1.66%
  • Net Expense Ratio/TER2

    1.56%
  • Distribution Frequency

    Monthly
  • Next Distribution Date

    04/30/2019

Morningstar™ Ratings3
as of 03/31/19

Category Overall 3 Year 5 Year
Muni National Long
5 stars of 147 funds
4 stars of 147 funds
5 stars of 132 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 04/18/19

  • 30-Day SEC Yield1

    4.41%
  • Distribution Yield1

    4.08%
  • 12-Month Yield1

    4.47%
  • Taxable Equivalent 30-Day SEC Yields1a

  • 12% Federal Tax Rate

    5.01%
  • 22% Federal Tax Rate

    5.65%
  • 24% Federal Tax Rate

    5.80%
  • 32% Federal Tax Rate

    6.48%
  • 35% Federal Tax Rate

    6.78%
  • 37% Federal Tax Rate

    6.99%
 1/1a See Important Disclosure for definitions.

Fees & Expenses2

  • Management Fee

    0.40%
  • Other Expenses

    0.10%
  • Acquired Fund Fees and Expenses

    1.16%
  • Gross Expense Ratio

    1.66%
  • Fee Waivers and
    Expense Reimbursement

    -0.10%
  • Net Expense Ratio/TER2

    1.56%
2Expenses for XMPT are capped contractually at 0.40% until September 1, 2019. Cap excludes acquired fund fees and expenses, interest expense, 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

    5,450,000
  • Estimated Cash

    XMPTEU
  • Total Cash

    XMPTTC
  • CUSIP

    92189F460
  • ISIN

    US92189F4607
5See IIV Details. Source: Bloomberg

Prices as of 04/18/19

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 $25.86
$25.90
72,359
41,444
-$0.07 / -0.25%
$0.00 / +0.00%
+9.79%
+10.01%
$0.04
0.15%

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) 2.41 10.40 10.40 8.88 2.59 6.17 -- 5.94
XMPT (Share Price) 2.61 10.49 10.49 9.05 2.56 6.14 -- 5.94
CEFMXTR (Index) 2.44 10.02 10.02 9.31 2.87 6.51 -- 6.31
Performance Differential (NAV - Index) -0.03 0.38 0.38 -0.43 -0.28 -0.34 -- -0.37
After Tax Held 2.41 10.40 10.40 8.88 2.58 6.16 -- 5.93
After Tax Sold 1.56 6.64 6.64 7.20 3.08 5.98 -- 5.84
1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
07/12/11
XMPT (NAV) 2.41 10.40 10.40 8.88 2.59 6.17 -- 5.94
XMPT (Share Price) 2.61 10.49 10.49 9.05 2.56 6.14 -- 5.94
CEFMXTR (Index) 2.44 10.02 10.02 9.31 2.87 6.51 -- 6.31
Performance Differential (NAV - Index) -0.03 0.38 0.38 -0.43 -0.28 -0.34 -- -0.37
After Tax Held 2.41 10.40 10.40 8.88 2.58 6.16 -- 5.93
After Tax Sold 1.56 6.64 6.64 7.20 3.08 5.98 -- 5.84

Top 10 Holdings (%) as of 03/31/19 Daily Holdings

Total Holdings: 66
Swipe
to view
full data
Holding Name
Ticker
Shares Market Value
(US$)
% of Net
Assets
Nuveen Amt-Free Municipal Credit Income
NVG US
761,794
11,510,707 8.10
Nuveen Amt-Free Quality Municipal Incom
NEA US
844,785
11,286,328 7.94
Nuveen Quality Municipal Income Fund
NAD US
827,304
11,226,515 7.90
Nuveen Municipal Credit Income Fund
NZF US
556,013
8,379,116 5.90
Blackrock Municipal 2030 Target Term Tr
BTT US
304,265
6,766,854 4.76
Nuveen Municipal Value Fund Inc
NUV US
623,247
6,232,470 4.39
Eaton Vance Municipal Bond Fund
EIM US
368,031
4,563,584 3.21
Blackrock Muniyield Quality Fund Iii In
MYI US
295,944
3,826,556 2.69
Invesco Municipal Opportunity Trust
VMO US
288,777
3,445,110 2.42
Invesco Value Municipal Income Trust
IIM US
203,481
2,934,196 2.06
Top 10 Total (%) 49.37

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

Currency Exposure (%)
as of 03/31/19

  • U.S. Dollar

    99.30
  • Other/Cash

    0.70