• VanEck Muni Suite
  • Target Exposures | Tax-Exempt Income | Low Cost 

    VanEck’s suite of municipal income ETFs offers investors the ability to exercise control over their portfolio yield, duration, and credit exposure at different points in the interest rate cycle. The indices underlying each ETF target specific maturity ranges or credit exposures, resulting in distinct performance, yield and duration characteristics.

    Yield Curve-Focused ETFs

    Our investment grade municipal ETF product offerings seek to track indices that reflect a unique segmentation of the investment grade municipal yield curve.

    Credit-Focused ETFs

    Our credit-focused municipal ETF product offerings seek to track indices that include both the highest yielding and the highest credit quality available.

    Smart Beta ETF

    Intelligent index weighting rules that underweight CEFs trading at higher premiums and overweight CEFs trading at wider discounts.

    Customized Municipal Indices

    Click plot points below for full index names and description

     

    Source: VanEck Research. As of 6/30/18. The performance data quoted represents past performance. Past performance is no guarantee of future results. Investment returns and principal value of an investment will fluctuate. An investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Index performance is not illustrative of fund performance. Effective Duration measures a bond's sensitivity to interest rate changes that reflects the change in a bond's price given a change in yield. This duration measure is appropriate for bonds with embedded options. Yield to Worst measures the lowest of either yield-to-maturity or yield-to-call date on every possible call date. View Fund standardized performance  

    ETFs Provide Low Cost Access to Munis

    The fees of an investment vehicle are important; they affect an investor's ultimate return. The average net expense ratio of municipal bond ETFs was 50 bps lower as compared to municipal bond mutual funds and more than 100 bps lower as compared to municipal bond closed-end funds. Many investors may prefer municipal bond ETFs for this reason.

     

    Source: Morningstar. As of 6/30/18. Fees for municipal bond ETFs compared against the average net expense ratio of mutual funds and closed-end funds in the Morningstar Municipal Bond U.S. Category Group. There were 42 funds in the Muni ETF Category, 1, 843 funds in the Muni Mutual Fund Category, 164 funds in the Muni Closed-End Fund Category.

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