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SMI VanEck HIP Sustainable Muni ETF Please read important disclosure Close important disclosure false

SMI
VanEck HIP Sustainable Muni ETF

SMI
VanEck HIP Sustainable Muni ETF

  • NAV

    $45.55

    as of June 02, 2023
  • YTD RETURNS

    1.39%

    as of June 02, 2023
  • Total Net Assets

    $18.22M

    as of June 02, 2023
  • Net Expense Ratio

    0.24%
  • Inception Date

    09/08/2021

SMI Fees & Expenses: Van 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. Notwithstanding the foregoing, the Adviser has agreed to pay the offering costs until at least September 1, 2023. “Other Expenses” have been restated to reflect current fees.

Fund Description

The VanEck HIP Sustainable Muni ETF (SMI) is an actively managed exchange-traded fund (“ETF”) that seeks current income generally exempt from federal income tax by investing in investment grade municipal debt securities that have been issued to fund operations or projects that support or advance sustainable development, as well as promote positive social and environmental outcomes.

Overview

Fund Highlights

  • Broad muni exposure with a focus on sustainability

  • Core portfolio of investment-grade tax-exempts with intermediate duration

  • Managed to maximize sustainability exposure while seeking to maintain benchmark characteristics

Performance

Fees

Holdings

Portfolio

Distributions

Team

Literature

SMI