us en false false Default
Skip directly to Accessibility Notice
SMB VanEck Short Muni ETF Please read important disclosure Close important disclosure false

SMB
VanEck Short Muni ETF

SMB
VanEck Short Muni ETF

  • NAV
    $17.23

    as of July 22, 2026
  • YTD RETURNS
    0.83%

    as of July 22, 2026
  • Total Net Assets
    $311.88M

    as of July 22, 2026
  • Total Expense Ratio
    0.07%
  • Inception Date
    02/22/2008
  • 30-Day SEC Yield
    2.77%
Buy Now
Let's Connect
Subscribe
Related Insights

Overview

Why SMB

  • Federally Tax-Exempt IncomeProvides income generally exempt from federal taxes
  • Intermediate Duration FocusDesigned to track an index of short-duration municipal bonds to help mange interest rate risk
  • Investment-Grade QualityEmphasizes investment-grade municipal bonds with high overall credit quality

The VanEck Short Muni ETF (SMB®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the ICE Short AMT-Free Broad National Municipal Index (MBNS), which is intended to track the overall performance of the U.S. dollar denominated short-term tax-exempt bond market.

Yields  as of  07/22/2026

Distribution Frequency

Monthly

30-Day SEC Yield

2.77%

Distribution Yield

3.25%

12 Month Yield

2.77%

Yield information reflects temporary waivers of expenses and/or fees. Yields would have been reduced had these fees/expenses been included. In the absence of temporary expense waivers or reimbursements, the 30-Day SEC Yield for VanEck Short Muni ETF would have been 2.77% on 07/22/26. Distributions may vary from time to time.

Performance

Average Annual Total Returns* (%)

View All ETFs View All Indices
  1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE 02/22/08
SMB (NAV) 0.33 0.92 1.16 3.29 3.33 1.25 1.49 2.02
SMB (Market Price) 0.47 0.99 0.78 3.26 3.50 1.21 1.49 2.02
ICE Short AMT-Free Broad National Municipal Index 0.34 0.91 1.17 3.27 3.30 1.27 1.67 2.39
  1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE 02/22/08
SMB (NAV) 0.33 0.92 1.16 3.29 3.33 1.25 1.49 2.02
SMB (Market Price) 0.47 0.99 0.78 3.26 3.50 1.21 1.49 2.02
ICE Short AMT-Free Broad National Municipal Index 0.34 0.91 1.17 3.27 3.30 1.27 1.67 2.39

*Returns less than one year are not annualized.

Index data prior to March 1, 2022 reflects that of the Bloomberg AMT-Free Short Continuous Municipal Index (LMT1TR). From March 1, 2022 to November 30, 2022, the index data reflects that of the ICE Short AMT-Free Broad National Municipal Transition Index (MSBT). From December 1, 2022 forward the index data reflects that of the Fund's underlying index the ICE Short AMT Free Broad National Municipal Index (MBNS) and is not intended for third party use.

The performance data quoted represents past performance. Past performance is not a guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Performance may be lower or higher than performance data quoted. Please call 800.826.2333 or visit vaneck.com for performance current to the most recent month ended.

Holdings

Daily Holdings (%) as of 07/21/2026

Download XLS Get holdings
Total Holdings: 326
Holding Name
% of Net Assets
 Coupon
Maturity
Market Value (US$)
Indiana Finance Authority
1.07
 5.500
02/01/2032
3,332,529
New York City Transitional Finance Auth
1.06
 5.000
07/15/2031
3,316,257
Charlotte-Mecklenburg Hospital Authorit
1.04
 5.000
01/15/2049
3,258,875
State Of California
1.03
 5.000
04/01/2030
3,200,391
Southeast Energy Authority A Cooperativ
0.98
 4.000
12/01/2051
3,044,365
Commonwealth Of Massachusetts
0.95
 5.500
05/01/2031
2,957,033
State Of New Jersey
0.91
 5.500
06/01/2030
2,827,580
Kansas Development Finance Authority
0.86
 5.000
11/15/2054
2,673,172
New York City Housing Development Corp
0.82
 3.950
11/01/2064
2,559,133
Commonwealth Of Massachusetts
0.81
 5.000
10/01/2031
2,520,131
California Statewide Communities Develo
0.76
 1.750
09/01/2029
2,371,801
Massachusetts Water Resources Authority
0.72
 5.250
08/01/2030
2,245,919
Black Belt Energy Gas District
0.71
 4.000
10/01/2052
2,230,712
State Of Connecticut
0.70
 3.000
01/15/2032
2,182,454
Main Street Natural Gas Inc
0.69
 5.000
05/01/2054
2,165,867
Main Street Natural Gas Inc
0.69
 5.000
04/01/2054
2,144,501
County Of King Wa
0.68
 4.000
07/01/2030
2,136,535
Tennessee Energy Acquisition Corp
0.68
 5.000
05/01/2052
2,120,114
City & County Of Honolulu Hi
0.68
 5.000
03/01/2031
2,110,886
California Community Choice Financing A
0.67
 5.500
05/01/2054
2,104,603
Texas Water Development Board
0.67
 5.500
10/15/2031
2,092,217
Fort Bend Independent School District
0.67
 5.000
08/15/2030
2,087,253
Conroe Independent School District
0.66
 5.000
02/15/2027
2,072,434
State Of Georgia
0.66
 5.000
02/01/2032
2,070,462
City Of Orlando Fl Tourist Development
0.66
 5.000
11/01/2031
2,069,822
City Of Chicago Il
0.66
 5.000
01/01/2030
2,064,746
Central Florida Expressway Authority
0.66
 5.000
07/01/2038
2,052,691
State Of California
0.64
 5.000
04/01/2032
2,003,020
Los Angeles Unified School District/Ca
0.59
 5.000
07/01/2030
1,841,298
Energy Southeast A Cooperative District
0.59
 5.500
11/01/2053
1,836,230
State Of Connecticut Special Tax Revenu
0.58
 5.000
05/01/2031
1,824,625
State Of California
0.54
 5.000
10/01/2031
1,688,505
State Of Maryland
0.52
 5.000
03/15/2031
1,638,203
New Jersey Educational Facilities Autho
0.52
 5.000
07/01/2064
1,635,470
State Of California
0.52
 5.000
10/01/2031
1,628,522
Wisconsin Health & Educational Faciliti
0.52
 5.000
02/15/2032
1,615,588
State Of North Carolina
0.52
 5.000
03/01/2030
1,612,199
Indiana Finance Authority
0.51
 4.250
11/01/2030
1,598,909
New York City Transitional Finance Auth
0.51
 4.000
11/01/2030
1,577,126
Curators Of The University Of Missouri/
0.49
 5.000
11/01/2030
1,540,419
Pefa Inc
0.49
 5.000
09/01/2049
1,533,101
California State University
0.49
 5.000
11/01/2031
1,529,145
Main Street Natural Gas Inc
0.49
 4.000
03/01/2050
1,525,829
Metropolitan Transportation Authority
0.48
 5.000
11/15/2031
1,507,662
Kern High School District
0.48
 2.000
08/01/2031
1,486,467
Frisco Independent School District
0.45
 5.500
02/15/2032
1,413,478
State Of California
0.44
 5.000
08/01/2027
1,371,911
State Of Ohio
0.44
 5.000
12/15/2031
1,359,285
New York State Dormitory Authority
0.43
 5.000
10/01/2030
1,352,298
County Of Allen Oh Hospital Facilities
0.43
 5.000
12/01/2029
1,336,886
City Of Columbus Oh
0.43
 5.000
04/01/2031
1,334,335
Central Plains Energy Project
0.41
 5.000
09/01/2031
1,289,721
Main Street Natural Gas Inc
0.41
 4.000
07/01/2052
1,282,680
Jackson County School District No 549c
0.40
 5.000
12/15/2028
1,258,275
Central Florida Expressway Authority
0.40
 4.000
07/01/2031
1,253,010
New York Transportation Development Cor
0.40
 5.000
12/01/2030
1,246,923
Kentucky Public Energy Authority
0.40
 4.000
08/01/2052
1,235,953
New York City Transitional Finance Auth
0.39
 5.000
02/01/2030
1,231,916
State Of North Carolina
0.38
 5.000
06/01/2031
1,197,292
Jefferson County School District R-1
0.38
 5.000
12/15/2030
1,171,891
State Of California
0.36
 5.000
09/01/2030
1,119,405
Minnesota Public Facilities Authority S
0.36
 5.500
03/01/2031
1,117,128
Triborough Bridge & Tunnel Authority
0.36
 5.000
11/15/2031
1,115,727
New York City Transitional Finance Auth
0.35
 5.000
08/01/2031
1,099,588
Metropolitan Transportation Authority
0.35
 5.000
11/15/2030
1,094,740
Commonwealth Of Massachusetts
0.35
 5.000
05/01/2030
1,094,177
Texas State Transportation Commission
0.35
 5.000
04/01/2030
1,092,969
State Of California
0.35
 5.000
10/01/2029
1,092,384
Board Of Regents Of The University Of T
0.35
 5.000
08/15/2029
1,089,435
City Of New York Ny
0.35
 5.000
08/01/2029
1,088,269
Denton Independent School District
0.35
 5.000
08/15/2029
1,087,006
State Of Washington
0.35
 5.500
06/01/2031
1,085,131
County Of Allen Oh Hospital Facilities
0.35
 5.000
08/01/2030
1,084,942
Connecticut State Health & Educational
0.35
 5.000
07/01/2064
1,082,966
Colorado Health Facilities Authority
0.35
 5.000
11/15/2060
1,082,338
New York State Dormitory Authority
0.35
 5.000
03/15/2029
1,081,391
State Of Louisiana
0.35
 5.000
02/01/2029
1,080,890
State Of Maryland
0.35
 5.000
03/15/2029
1,079,685
Metropolitan Government Nashville & Dav
0.35
 5.000
07/01/2031
1,078,707
Main Street Natural Gas Inc
0.35
 5.500
09/01/2053
1,078,469
State Of California
0.34
 5.000
09/01/2028
1,073,603
Black Belt Energy Gas District
0.34
 5.500
06/01/2049
1,073,498
Southeast Alabama Gas Supply District/T
0.34
 5.500
08/01/2054
1,071,191
Piedmont Municipal Power Agency
0.34
 5.000
01/01/2032
1,070,588
Main Street Natural Gas Inc
0.34
 5.500
07/01/2053
1,068,988
State Of North Carolina
0.34
 5.000
05/01/2031
1,068,363
City Of Houston Tx
0.34
 5.000
03/01/2032
1,066,563
North Carolina Municipal Power Agency N
0.34
 5.000
01/01/2032
1,065,939
County Of Miami-Dade Fl Water & Sewer S
0.34
 5.000
10/01/2028
1,065,381
Triborough Bridge & Tunnel Authority
0.34
 5.000
11/15/2028
1,065,104
Regional Transportation District Sales
0.34
 5.000
11/01/2028
1,064,653
California Community Choice Financing A
0.34
 5.250
11/01/2054
1,064,589
California Community Choice Financing A
0.34
 5.000
07/01/2053
1,064,236
Triborough Bridge & Tunnel Authority
0.34
 5.000
11/15/2028
1,058,031
Minneapolis-St Paul Metropolitan Airpor
0.34
 5.000
01/01/2029
1,057,240
Texas Municipal Gas Acquisition & Suppl
0.34
 5.500
01/01/2054
1,056,737
New Jersey Health Care Facilities Finan
0.34
 5.000
07/01/2031
1,056,336
University Of Connecticut
0.34
 5.000
04/15/2029
1,053,298
New York City Transitional Finance Auth
0.34
 5.000
07/15/2031
1,051,763
New York State Dormitory Authority
0.34
 5.000
08/01/2030
1,050,218
State Of California
0.34
 5.000
09/01/2027
1,049,231
Southeast Energy Authority A Cooperativ
0.34
 5.250
01/01/2054
1,047,260
Commonwealth Of Pennsylvania
0.34
 5.000
09/01/2027
1,047,231
State Of California
0.34
 5.000
10/01/2027
1,047,183
County Of Harris Tx Toll Road Revenue
0.34
 5.000
08/15/2027
1,047,124
City Of New York Ny
0.34
 5.000
09/01/2027
1,046,344
City Of New York Ny
0.34
 5.000
09/01/2027
1,046,344
Iowa Finance Authority
0.33
 5.000
08/01/2031
1,045,452
State Of California
0.33
 5.000
11/01/2028
1,043,902
City Of Houston Tx Combined Utility Sys
0.33
 5.000
11/15/2027
1,042,193
Washington Convention & Sports Authorit
0.33
 5.000
10/01/2030
1,040,102
State Of Illinois
0.33
 5.000
11/01/2027
1,038,666
County Of Baltimore Md
0.33
 5.000
03/01/2030
1,038,381
Black Belt Energy Gas District
0.33
 5.000
05/01/2053
1,037,579
Energy Northwest
0.33
 --
07/01/2027
1,032,511
New Jersey Educational Facilities Autho
0.33
 5.000
07/01/2028
1,025,995
Hillsboro School District No 1j
0.33
 5.000
06/15/2031
1,025,688
Commonwealth Of Pennsylvania
0.33
 5.000
07/15/2027
1,025,556
Massachusetts Water Resources Authority
0.33
 5.000
08/01/2040
1,024,492
State Of California
0.33
 5.000
09/01/2026
1,022,354
West Virginia Commissioner Of Highways
0.33
 5.000
09/01/2026
1,022,189
California Community Choice Financing A
0.33
 4.000
02/01/2052
1,021,039
San Francisco City & County Public Util
0.33
 5.500
10/01/2026
1,020,762
Louisville/Jefferson County Metropolita
0.33
 5.000
10/01/2047
1,019,245
Pennsylvania Higher Educational Facilit
0.33
 4.000
08/15/2031
1,018,337
Triborough Bridge & Tunnel Authority
0.33
 5.000
11/15/2026
1,017,355
Metropolitan Council
0.33
 5.500
12/01/2026
1,015,984
Ohio Water Development Authority
0.33
 5.000
12/01/2027
1,015,671
New York State Thruway Authority
0.32
 5.000
01/01/2027
1,014,211
Central Florida Tourism Oversight Distr
0.32
 4.000
06/01/2031
1,013,340
Long Island Power Authority
0.32
 5.500
09/01/2055
1,012,446
California State Public Works Board
0.32
 4.000
11/01/2031
1,010,862
New York City Housing Development Corp
0.32
 5.500
11/01/2064
1,009,166
State Of Connecticut
0.32
 3.000
06/01/2029
1,007,349
King County School District No 414 Lake
0.32
 5.000
12/01/2031
1,006,131
State Of Hawaii
0.32
 3.000
10/01/2029
1,005,571
New York City Housing Development Corp
0.32
 3.125
11/01/2065
1,004,614
State Of Minnesota
0.32
 3.000
10/01/2030
1,002,220
Indiana Finance Authority
0.32
 5.000
06/01/2029
1,001,067
New York City Housing Development Corp
0.32
 3.150
05/01/2066
1,000,740
State Of Florida
0.32
 3.000
06/01/2030
996,496
Board Of Regents Of The University Of T
0.31
 5.000
08/15/2031
974,904
State Of California
0.31
 5.000
11/01/2028
972,769
Fort Bend Independent School District
0.31
 5.000
02/15/2028
962,718
State Of Florida Department Of Transpor
0.30
 5.000
07/01/2030
951,646
State Of California Department Of Water
0.30
 5.000
12/01/2031
950,179
Collin County Community College Distric
0.30
 4.000
08/15/2031
949,209
State Of Washington
0.30
 5.500
08/01/2031
921,689
Beverly Hills Unified School District C
0.29
 --
08/01/2030
893,466
New York City Transitional Finance Auth
0.28
 5.500
02/01/2027
881,604
Harris County Cultural Education Facili
0.28
 5.000
11/15/2030
879,147
State Of New Mexico Severance Tax Perma
0.28
 5.000
07/01/2027
862,368
Georgia State Road & Tollway Authority
0.27
 5.000
06/01/2029
856,301
California State Public Works Board
0.27
 5.000
10/01/2026
846,990
State Of Washington
0.27
 5.000
08/01/2031
845,185
Public Finance Authority
0.27
 4.000
10/01/2041
832,480
State Of Louisiana
0.27
 5.000
03/01/2032
830,246
California State Public Works Board
0.26
 5.000
10/01/2028
820,052
State Of California
0.26
 5.000
10/01/2030
815,900
Los Angeles County Metropolitan Transpo
0.26
 5.000
07/01/2031
815,123
State Of Illinois
0.26
 5.000
11/01/2026
813,883
County Of Montgomery Md
0.25
 4.000
08/01/2029
793,654
State Of North Carolina
0.25
 3.000
05/01/2031
790,995
County Of Fairfax Va
0.25
 5.000
10/01/2031
788,650
New Jersey Transportation Trust Fund Au
0.25
 4.100
06/15/2031
783,730
City Of Columbus Oh
0.25
 5.500
04/01/2029
783,667
California Health Facilities Financing
0.25
 5.000
11/15/2031
779,726
State Of California
0.25
 5.000
04/01/2027
775,520
State Of Maryland Department Of Transpo
0.25
 4.000
05/01/2030
771,523
Virginia Public Building Authority
0.24
 5.000
08/01/2029
754,070
University Of Connecticut
0.24
 5.000
01/15/2030
753,861
Regional Transportation Authority
0.24
 5.000
07/01/2028
751,483
New Jersey Economic Development Authori
0.24
 3.125
07/01/2031
743,955
Energy Northwest
0.24
 5.000
07/01/2028
743,778
City Of South Miami Health Facilities A
0.24
 5.000
08/15/2029
741,073
Montgomery County Industrial Developmen
0.24
 4.100
06/01/2029
737,575
California State Public Works Board
0.23
 5.000
11/01/2029
732,609
State Of Georgia
0.23
 5.000
08/01/2026
717,176
New York State Urban Development Corp
0.23
 5.000
03/15/2027
713,782
New York City Transitional Finance Auth
0.23
 5.000
08/01/2031
706,908
Illinois Finance Authority
0.23
 5.000
07/01/2027
702,724
Trinity River Authority Central Regiona
0.22
 5.000
08/01/2030
700,220
City Of New York Ny
0.22
 5.000
04/01/2032
695,511
Commonwealth Of Massachusetts
0.22
 5.500
01/01/2027
690,571
State Of Illinois
0.22
 3.500
06/01/2029
688,541
New York State Dormitory Authority
0.22
 5.000
03/15/2028
676,918
Pennsylvania Housing Finance Agency
0.22
 2.800
10/01/2031
676,590
New Jersey Health Care Facilities Finan
0.22
 5.000
07/01/2029
675,671
Town Of Oyster Bay Ny
0.22
 3.250
02/01/2029
675,416
Washington Metropolitan Area Transit Au
0.21
 5.000
07/01/2031
663,648
Illinois State Toll Highway Authority
0.21
 5.000
01/01/2027
659,036
City Of San Antonio Tx Electric & Gas S
0.21
 5.000
02/01/2027
646,261
King County School District No 411 Issa
0.20
 4.000
12/01/2031
639,892
New York State Environmental Facilities
0.20
 5.000
06/15/2028
637,006
State Of Connecticut Special Tax Revenu
0.20
 5.000
05/01/2028
633,041
New Jersey Economic Development Authori
0.20
 5.000
06/15/2034
631,881
City Of Phoenix Civic Improvement Corp
0.20
 5.000
07/01/2029
623,166
Virginia College Building Authority
0.20
 5.000
02/01/2027
622,435
City Of Dallas Tx Waterworks & Sewer Sy
0.20
 5.000
10/01/2031
611,848
Texas Municipal Gas Acquisition & Suppl
0.19
 5.000
12/15/2026
607,739
State Of Maryland Department Of Transpo
0.19
 5.000
10/01/2026
607,087
State Of New York Mortgage Agency Homeo
0.19
 3.000
10/01/2031
603,032
State Of North Carolina
0.19
 5.000
05/01/2029
601,531
State Of Illinois Sales Tax Revenue
0.19
 4.000
06/15/2028
595,420
City Of Dallas Tx Waterworks & Sewer Sy
0.18
 5.000
10/01/2030
576,267
Alabama Public School And College Autho
0.18
 5.000
11/01/2031
574,818
Washington Metropolitan Area Transit Au
0.18
 5.000
07/01/2030
567,167
San Bernardino Community College Distri
0.18
 4.000
08/01/2049
559,172
Salt River Project Agricultural Improve
0.18
 5.000
01/01/2032
555,075
State Of California
0.18
 5.000
10/01/2027
555,007
City Of New York Ny
0.18
 5.000
08/01/2030
553,927
Miami Beach Redevelopment Agency
0.18
 5.000
02/01/2031
552,451
New York State Dormitory Authority
0.18
 5.000
03/15/2030
549,502
Utah Transit Authority
0.18
 5.000
12/15/2030
549,169
City Of New York Ny
0.18
 5.000
11/01/2030
546,583
Utah Transit Authority
0.17
 5.000
06/15/2030
543,765
County Of Jefferson Al
0.17
 5.000
09/15/2028
541,812
Southeast Energy Authority A Cooperativ
0.17
 5.500
10/01/2030
540,678
Austin Independent School District
0.17
 5.000
08/01/2028
540,466
Rutherford Cty Health & Edu Fac Brd
0.17
 5.500
11/15/2048
540,027
Orange County Convention Center/Orlando
0.17
 5.000
10/01/2030
537,294
New York City Industrial Development Ag
0.17
 5.000
03/01/2029
536,423
Chicago O'Hare International Airport
0.17
 5.000
01/01/2030
536,169
City Of Houston Tx
0.17
 5.500
03/01/2032
536,100
City Of New York Ny
0.17
 5.500
10/01/2031
536,098
City Of San Francisco Ca Public Utiliti
0.17
 5.500
11/01/2028
534,489
California Community Choice Financing A
0.17
 5.250
01/01/2054
534,347
California Infrastructure & Economic De
0.17
 5.000
11/01/2029
533,444
County Of Clark Department Of Aviation
0.17
 5.000
07/01/2029
533,423
California Community Choice Financing A
0.17
 5.000
02/01/2054
533,340
Metropolitan Washington Airports Author
0.17
 5.000
10/01/2028
533,018
Kentucky Public Energy Authority
0.17
 5.250
06/01/2055
532,017
Shelby County Health Educational & Hous
0.17
 5.500
09/01/2049
531,893
State Of Maryland
0.17
 5.000
03/15/2028
529,831
Central Puget Sound Regional Transit Au
0.17
 5.000
11/01/2026
529,620
New York State Dormitory Authority
0.17
 5.000
02/15/2027
528,609
Ohio Turnpike & Infrastructure Commissi
0.17
 5.000
02/15/2031
528,065
American Municipal Power Inc
0.17
 5.000
02/15/2028
527,487
Ohio Turnpike & Infrastructure Commissi
0.17
 5.000
02/15/2032
527,365
City Of New York Ny
0.17
 5.000
08/01/2027
524,302
Arizona Industrial Development Authorit
0.17
 5.500
11/01/2028
523,742
State Of California
0.17
 5.000
10/01/2027
523,592
Main Street Natural Gas Inc
0.17
 5.000
12/01/2052
523,371
California Health Facilities Financing
0.17
 5.000
11/01/2027
523,142
Grand River Dam Authority
0.17
 5.000
06/01/2031
522,741
Minneapolis-St Paul Metropolitan Airpor
0.17
 5.000
01/01/2030
521,724
Long Island Power Authority
0.17
 5.000
09/01/2026
521,480
Triborough Bridge & Tunnel Authority
0.17
 5.000
11/15/2027
521,162
State Of Michigan Trunk Line Revenue
0.17
 5.000
11/15/2027
521,031
Tobacco Settlement Financing Corp
0.17
 5.000
06/01/2031
520,856
Virginia Commonwealth Transportation Bo
0.17
 5.000
03/15/2027
520,847
County Of Miami-Dade Fl
0.17
 5.000
10/01/2029
520,061
Tennessee Energy Acquisition Corp
0.17
 5.000
05/01/2053
518,843
Illinois Finance Authority
0.17
 5.000
01/01/2028
518,702
New York State Dormitory Authority
0.17
 5.000
02/15/2027
518,244
City & County Of Honolulu Hi
0.17
 5.000
03/01/2027
517,527
New York State Urban Development Corp
0.17
 5.000
03/15/2027
517,234
State Of Maryland
0.17
 5.000
03/15/2028
516,817
University Of Colorado
0.17
 4.000
06/01/2034
516,112
Montgomery County Industrial Developmen
0.17
 5.500
10/01/2053
516,099
Commonwealth Of Massachusetts
0.17
 5.000
05/01/2027
515,578
Lower Colorado River Authority
0.16
 5.500
05/15/2027
514,777
California Community Choice Financing A
0.16
 4.000
05/01/2053
514,131
Central Florida Expressway Authority
0.16
 5.000
07/01/2027
513,550
Commonwealth Of Massachusetts
0.16
 5.000
07/01/2027
513,550
Butler County Unified School District N
0.16
 4.000
09/01/2030
513,111
San Diego Public Facilities Financing A
0.16
 5.000
08/01/2027
512,250
Tennessee Energy Acquisition Corp
0.16
 5.625
09/01/2026
512,169
Illinois Finance Authority
0.16
 5.000
08/15/2026
511,695
California State Public Works Board
0.16
 5.000
09/01/2026
511,243
Wisconsin Health & Educational Faciliti
0.16
 4.000
08/15/2031
510,920
Maryland Community Development Administ
0.16
 5.500
01/01/2029
510,779
New Jersey Health Care Facilities Finan
0.16
 5.500
09/15/2026
510,659
County Of Mecklenburg Nc
0.16
 4.000
04/01/2029
510,563
New York City Transitional Finance Auth
0.16
 5.000
11/01/2026
509,194
City Of Colorado Springs Co Utilities S
0.16
 5.000
11/15/2026
508,725
Metropolitan Transportation Authority
0.16
 5.000
11/15/2026
508,614
City Of Portland Or Sewer System Revenu
0.16
 5.000
12/01/2026
508,010
State Of Colorado
0.16
 5.000
12/15/2026
507,745
City Of Forsyth Mt
0.16
 3.875
07/01/2028
507,698
Boulder Larimer & Weld Counties St Vrai
0.16
 5.000
12/15/2035
507,520
New Jersey Transportation Trust Fund Au
0.16
 5.000
12/15/2026
507,485
Salt River Project Agricultural Improve
0.16
 5.000
01/01/2027
507,084
North Texas Tollway Authority
0.16
 5.000
01/01/2027
506,906
East County Advanced Water Purification
0.16
 3.125
09/01/2026
506,149
Michigan State Housing Development Auth
0.16
 5.500
04/01/2030
505,733
Main Street Natural Gas Inc
0.16
 4.000
08/01/2052
505,413
New York State Housing Finance Agency
0.16
 5.500
11/01/2063
505,080
California Infrastructure & Economic De
0.16
 3.000
10/01/2047
504,720
New York State Housing Finance Agency
0.16
 3.800
11/01/2062
504,476
California State University
0.16
 3.125
11/01/2051
504,336
County Of Bexar Tx
0.16
 5.000
06/15/2027
503,527
Los Angeles Unified School District/Ca
0.16
 5.000
07/01/2030
502,500
State Of Maryland Department Of Transpo
0.16
 3.000
09/01/2031
501,585
City Of San Antonio Tx Electric & Gas S
0.16
 3.150
02/01/2055
501,099
Commonwealth Of Pennsylvania
0.16
 3.000
01/01/2031
500,926
California State Public Works Board
0.16
 3.000
09/01/2031
496,140
Foothill-Eastern Transportation Corrido
0.16
 --
01/01/2027
494,670
County Of Miami-Dade Fl
0.15
 --
10/01/2031
460,200
New York City Transitional Finance Auth
0.15
 5.000
11/01/2027
458,620
State Of Mississippi
0.14
 5.000
10/01/2029
448,601
New Jersey Transportation Trust Fund Au
0.14
 5.000
06/15/2030
437,842
City Of New York Ny
0.14
 5.000
03/01/2027
424,197
Pennsylvania Housing Finance Agency
0.14
 3.200
10/01/2031
422,189
Illinois State Toll Highway Authority
0.13
 5.000
01/01/2027
420,769
State Of Michigan
0.13
 3.000
05/01/2030
409,999
Lone Star College System
0.13
 5.000
02/15/2033
409,330
Commonwealth Of Massachusetts
0.13
 5.000
10/01/2026
408,149
State Of Maryland
0.13
 5.000
08/01/2026
394,442
Oakland Unified School District/Alameda
0.12
 5.000
08/01/2026
389,314
State Of Connecticut Special Tax Revenu
0.12
 5.000
07/01/2031
384,985
County Of Wake Nc
0.12
 5.000
09/01/2026
383,387
Allegheny County Hospital Development A
0.12
 5.000
07/15/2030
381,253
University Of Utah/The
0.12
 5.000
08/01/2031
381,222
City Of Chicago Il
0.12
 5.000
01/01/2027
368,176
Michigan State Housing Development Auth
0.12
 3.100
12/01/2031
363,474
Canadian County Educational Facilities
0.11
 3.000
09/01/2029
331,199
Lancaster County School District/Sc
0.10
 3.250
03/01/2032
325,815
Long Island Power Authority
0.10
 5.000
09/01/2031
318,129
California Health Facilities Financing
0.10
 5.000
08/15/2031
317,326
Kentucky State Property & Building Comm
0.09
 5.000
10/01/2030
274,746
New York State Housing Finance Agency
0.08
 2.500
11/01/2060
264,558
South Dakota Health & Educational Facil
0.08
 5.000
09/01/2030
264,427
Texas Water Development Board
0.08
 5.000
04/15/2030
260,084
County Of Mecklenburg Nc
0.08
 2.000
12/01/2030
236,169
--
1.76
 --
--
5,490,398
Other/Cash
-0.02
 --
--
-52,566
← Scroll for more information →
These are not recommendations to buy or to sell any security. Securities and holdings may vary.

Portfolio

Sector Weightings (%) as at 06/30/2026

  • Sector

    % of Net Assets

  • State GO

    18.47

  • Local GO

    14.68

  • Utilities - Other

    9.54

  • Tax

    9.53

  • Hospitals

    7.40

  • Power

    6.58

  • Education

    6.25

  • Water & Sewer

    5.49

  • Transportation

    5.25

  • Leasing COPS & Appropriations

    4.29

  • Refunded

    3.28

  • Multi-Family Housing

    2.51

  • Toll & Turnpike

    2.09

  • Airport

    1.04

  • Misc

    0.93

  • Pollution Control

    0.92

  • Single Family Housing

    0.67

  • Industrial Development Revenue

    0.64

  • Tobacco

    0.17

  • Health

    0.16

  • Unassigned

    0.10

Credit Quality (%) as of 06/30/2026

Composite % of Net Assets
Investment Grade AAA 19.34
AA 47.97
A 21.07
BBB 4.27
Total Investment Grade -- 92.65
Not Rated -- 7.35
If more than one rating is available for an underlying security, the lower of the two ratings is used. If a bond issued by a national government, national government agency or supranational issuer is not rated, the issuer’s credit rating will be used. If two issuer ratings are available, the lower of the two is used. If only one rating is available in all scenarios, we will use the rating provided. If no rating is available, the security will be not rated. Not rated securities do not necessarily indicate lower credit quality. Ratings and portfolio credit quality may change over time.

Years to Maturity as at 06/30/2026

  • Years

    Maturity (%)

  • < 1

    15.20

  • 1 - 3

    21.60

  • 3 - 5

    36.80

  • 5 - 7

    26.40

  • 7 - 10

    0.00

  • 10 - 15

    0.00

  • 15 - 20

    0.00

  • 20 - 30

    0.00

  • 30 +

    0.00

Fees

Distributions

Distribution History

Anticipated Frequency: Monthly Dividend Income & Annual Capital Gains
Ex-date Record
Date 		Payable date Dividend
Income‡ 		Short-Term
Capital Gains 		Long-Term
Capital Gains 		Return of
Capital 		Total
Distributions
07/01/2026 07/01/2026 07/07/2026 $ 0.0467 -- -- -- $ 0.05
06/01/2026 06/01/2026 06/04/2026 $ 0.0356 -- -- -- $ 0.04
05/01/2026 05/01/2026 05/06/2026 $ 0.0387 -- -- -- $ 0.04
04/01/2026 04/01/2026 04/07/2026 $ 0.0458 -- -- -- $ 0.05
03/02/2026 03/02/2026 03/05/2026 $ 0.0356 -- -- -- $ 0.04
02/02/2026 02/02/2026 02/05/2026 $ 0.0398 -- -- -- $ 0.04
12/29/2025 12/29/2025 12/31/2025 $ 0.0405 -- -- -- $ 0.04
11/28/2025 11/28/2025 12/03/2025 $ 0.0372 -- -- -- $ 0.04
11/03/2025 11/03/2025 11/06/2025 $ 0.0405 -- -- -- $ 0.04
10/01/2025 10/01/2025 10/06/2025 $ 0.0371 -- -- -- $ 0.04
09/02/2025 09/02/2025 09/05/2025 $ 0.0389 -- -- -- $ 0.04
08/01/2025 08/01/2025 08/06/2025 $ 0.0402 -- -- -- $ 0.04
07/01/2025 07/01/2025 07/07/2025 $ 0.0368 -- -- -- $ 0.04
06/02/2025 06/02/2025 06/05/2025 $ 0.0384 -- -- -- $ 0.04
05/01/2025 05/01/2025 05/06/2025 $ 0.0356 -- -- -- $ 0.04
04/01/2025 04/01/2025 04/04/2025 $ 0.0432 -- -- -- $ 0.04
03/03/2025 03/03/2025 03/06/2025 $ 0.0325 -- -- -- $ 0.03
02/03/2025 02/03/2025 02/06/2025 $ 0.0366 -- -- -- $ 0.04
12/27/2024 12/27/2024 12/30/2024 $ 0.0368 -- -- -- $ 0.04
12/02/2024 12/02/2024 12/05/2024 $ 0.0340 -- -- -- $ 0.03
11/01/2024 11/01/2024 11/06/2024 $ 0.0372 -- -- -- $ 0.04
10/01/2024 10/01/2024 10/04/2024 $ 0.0344 -- -- -- $ 0.03
09/03/2024 09/03/2024 09/06/2024 $ 0.0347 -- -- -- $ 0.03
08/01/2024 08/01/2024 08/06/2024 $ 0.0368 -- -- -- $ 0.04
07/01/2024 07/01/2024 07/05/2024 $ 0.0329 -- -- -- $ 0.03
06/03/2024 06/03/2024 06/06/2024 $ 0.0250 -- -- -- $ 0.03
05/01/2024 05/02/2024 05/07/2024 $ 0.0300 -- -- -- $ 0.03
04/01/2024 04/02/2024 04/05/2024 $ 0.0442 -- -- -- $ 0.04
03/01/2024 03/04/2024 03/07/2024 $ 0.0292 -- -- -- $ 0.03
02/01/2024 02/02/2024 02/07/2024 $ 0.0315 -- -- -- $ 0.03
12/27/2023 12/28/2023 12/29/2023 $ 0.0314 -- -- -- $ 0.03
12/01/2023 12/04/2023 12/07/2023 $ 0.0274 -- -- -- $ 0.03
11/01/2023 11/02/2023 11/07/2023 $ 0.0300 -- -- -- $ 0.03
10/02/2023 10/03/2023 10/06/2023 $ 0.0269 -- -- -- $ 0.03
09/01/2023 09/05/2023 09/08/2023 $ 0.0245 -- -- -- $ 0.02
08/01/2023 08/02/2023 08/10/2023 $ 0.0312 -- -- -- $ 0.03
07/03/2023 07/05/2023 07/07/2023 $ 0.0240 -- -- -- $ 0.02
06/01/2023 06/02/2023 06/07/2023 $ 0.0246 -- -- -- $ 0.02
05/01/2023 05/02/2023 05/05/2023 $ 0.0219 -- -- -- $ 0.02
04/03/2023 04/04/2023 04/10/2023 $ 0.0297 -- -- -- $ 0.03
03/01/2023 03/02/2023 03/07/2023 $ 0.0185 -- -- -- $ 0.02
02/01/2023 02/02/2023 02/07/2023 $ 0.0227 -- -- -- $ 0.02
12/28/2022 12/29/2022 12/30/2022 $ 0.0231 -- -- -- $ 0.02
12/01/2022 12/02/2022 12/07/2022 $ 0.0197 -- -- -- $ 0.02
11/01/2022 11/02/2022 11/07/2022 $ 0.0215 -- -- -- $ 0.02
10/03/2022 10/04/2022 10/07/2022 $ 0.0180 -- -- -- $ 0.02
09/01/2022 09/02/2022 09/08/2022 $ 0.0191 -- -- -- $ 0.02
08/01/2022 08/02/2022 08/05/2022 $ 0.0205 -- -- -- $ 0.02
07/01/2022 07/05/2022 07/08/2022 $ 0.0204 -- -- -- $ 0.02
06/01/2022 06/02/2022 06/07/2022 $ 0.0166 -- -- -- $ 0.02
05/02/2022 05/03/2022 05/06/2022 $ 0.0172 -- -- -- $ 0.02
04/01/2022 04/04/2022 04/07/2022 $ 0.0178 -- -- -- $ 0.02
03/01/2022 03/02/2022 03/07/2022 $ 0.0131 -- -- -- $ 0.01
02/01/2022 02/02/2022 02/07/2022 $ 0.0151 -- -- -- $ 0.02
12/29/2021 12/30/2021 12/31/2021 $ 0.0169 $ 0.0018 $ 0.0226 -- $ 0.04
12/01/2021 12/02/2021 12/07/2021 $ 0.0142 -- -- -- $ 0.01
11/01/2021 11/02/2021 11/05/2021 $ 0.0168 -- -- -- $ 0.02
10/01/2021 10/04/2021 10/07/2021 $ 0.0143 -- -- -- $ 0.01
09/01/2021 09/02/2021 09/08/2021 $ 0.0159 -- -- -- $ 0.02
08/02/2021 08/03/2021 08/06/2021 $ 0.0175 -- -- -- $ 0.02
07/01/2021 07/02/2021 07/08/2021 $ 0.0162 -- -- -- $ 0.02
06/01/2021 06/02/2021 06/07/2021 $ 0.0177 -- -- -- $ 0.02
05/03/2021 05/04/2021 05/07/2021 $ 0.0167 -- -- -- $ 0.02
04/01/2021 04/05/2021 04/08/2021 $ 0.0189 -- -- -- $ 0.02
03/01/2021 03/02/2021 03/05/2021 $ 0.0148 -- -- -- $ 0.01
02/01/2021 02/02/2021 02/05/2021 $ 0.0178 -- -- -- $ 0.02
12/29/2020 12/30/2020 01/05/2021 $ 0.0222 -- -- -- $ 0.02
12/01/2020 12/02/2020 12/07/2020 $ 0.0199 -- -- -- $ 0.02
11/02/2020 11/03/2020 11/06/2020 $ 0.0232 -- -- -- $ 0.02
10/01/2020 10/02/2020 10/07/2020 $ 0.0207 -- -- -- $ 0.02
09/01/2020 09/02/2020 09/08/2020 $ 0.0226 -- -- -- $ 0.02
08/03/2020 08/04/2020 08/07/2020 $ 0.0248 -- -- -- $ 0.02
07/01/2020 07/02/2020 07/08/2020 $ 0.0216 -- -- -- $ 0.02
06/01/2020 06/02/2020 06/05/2020 $ 0.0245 -- -- -- $ 0.02
05/01/2020 05/04/2020 05/07/2020 $ 0.0236 -- -- -- $ 0.02
04/01/2020 04/02/2020 04/07/2020 $ 0.0244 -- -- -- $ 0.02
03/02/2020 03/03/2020 03/06/2020 $ 0.0212 -- -- -- $ 0.02
02/03/2020 02/04/2020 02/07/2020 $ 0.0234 -- -- -- $ 0.02
12/30/2019 12/31/2019 01/06/2020 $ 0.0247 -- -- -- $ 0.02
12/02/2019 12/03/2019 12/06/2019 $ 0.0240 -- -- -- $ 0.02
11/01/2019 11/04/2019 11/07/2019 $ 0.0233 -- -- -- $ 0.02
10/01/2019 10/02/2019 10/07/2019 $ 0.0226 -- -- -- $ 0.02
09/03/2019 09/04/2019 09/09/2019 $ 0.0236 -- -- -- $ 0.02
08/01/2019 08/02/2019 08/07/2019 $ 0.0238 -- -- -- $ 0.02
07/01/2019 07/02/2019 07/08/2019 $ 0.0231 -- -- -- $ 0.02
06/03/2019 06/04/2019 06/07/2019 $ 0.0227 -- -- -- $ 0.02
05/01/2019 05/02/2019 05/07/2019 $ 0.0233 -- -- -- $ 0.02
04/01/2019 04/02/2019 04/05/2019 $ 0.0240 -- -- -- $ 0.02
03/01/2019 03/04/2019 03/07/2019 $ 0.0220 -- -- -- $ 0.02
02/01/2019 02/04/2019 02/07/2019 $ 0.0240 -- -- -- $ 0.02
12/27/2018 12/28/2018 01/03/2019 $ 0.0237 -- -- -- $ 0.02
12/03/2018 12/04/2018 12/07/2018 $ 0.0224 -- -- -- $ 0.02
11/01/2018 11/02/2018 11/07/2018 $ 0.0228 -- -- -- $ 0.02
10/01/2018 10/02/2018 10/05/2018 $ 0.0221 -- -- -- $ 0.02
09/04/2018 09/05/2018 09/10/2018 $ 0.0224 -- -- -- $ 0.02
08/01/2018 08/02/2018 08/07/2018 $ 0.0223 -- -- -- $ 0.02
07/02/2018 07/03/2018 07/09/2018 $ 0.0223 -- -- -- $ 0.02
06/01/2018 06/04/2018 06/07/2018 $ 0.0223 -- -- -- $ 0.02
05/01/2018 05/02/2018 05/07/2018 $ 0.0200 -- -- -- $ 0.02
04/02/2018 04/03/2018 04/06/2018 $ 0.0203 -- -- -- $ 0.02
03/01/2018 03/02/2018 03/07/2018 $ 0.0178 -- -- -- $ 0.02
02/01/2018 02/02/2018 02/07/2018 $ 0.0198 -- -- -- $ 0.02
12/27/2017 12/28/2017 01/03/2018 $ 0.0188 -- -- -- $ 0.02
12/01/2017 12/04/2017 12/07/2017 $ 0.0178 -- -- -- $ 0.02
11/01/2017 11/02/2017 11/07/2017 $ 0.0183 -- -- -- $ 0.02
10/02/2017 10/03/2017 10/06/2017 $ 0.0175 -- -- -- $ 0.02
09/01/2017 09/06/2017 09/08/2017 $ 0.0179 -- -- -- $ 0.02
08/01/2017 08/03/2017 08/07/2017 $ 0.0178 -- -- -- $ 0.02
07/03/2017 07/06/2017 07/10/2017 $ 0.0175 -- -- -- $ 0.02
06/01/2017 06/05/2017 06/07/2017 $ 0.0188 -- -- -- $ 0.02
05/01/2017 05/03/2017 05/05/2017 $ 0.0171 -- -- -- $ 0.02
04/03/2017 04/05/2017 04/07/2017 $ 0.0177 -- -- -- $ 0.02
03/01/2017 03/03/2017 03/07/2017 $ 0.0153 -- -- -- $ 0.02
02/01/2017 02/03/2017 02/07/2017 $ 0.0170 -- -- -- $ 0.02
12/28/2016 12/30/2016 01/04/2017 $ 0.0166 -- -- -- $ 0.02
12/01/2016 12/05/2016 12/07/2016 $ 0.0154 -- -- -- $ 0.02
11/01/2016 11/03/2016 11/07/2016 $ 0.0155 -- -- -- $ 0.02
10/03/2016 10/05/2016 10/07/2016 $ 0.0155 -- -- -- $ 0.02
09/01/2016 09/06/2016 09/08/2016 $ 0.0160 -- -- -- $ 0.02
08/01/2016 08/03/2016 08/05/2016 $ 0.0160 -- -- -- $ 0.02
07/01/2016 07/06/2016 07/08/2016 $ 0.0160 -- -- -- $ 0.02
06/01/2016 06/03/2016 06/07/2016 $ 0.0168 -- -- -- $ 0.02
05/02/2016 05/04/2016 05/06/2016 $ 0.0163 -- -- -- $ 0.02
04/01/2016 04/05/2016 04/07/2016 $ 0.0168 -- -- -- $ 0.02
03/01/2016 03/03/2016 03/07/2016 $ 0.0158 -- -- -- $ 0.02
02/01/2016 02/03/2016 02/05/2016 $ 0.0170 -- -- -- $ 0.02
12/29/2015 12/31/2015 01/05/2016 $ 0.0170 -- -- -- $ 0.02
12/01/2015 12/03/2015 12/07/2015 $ 0.0164 -- -- -- $ 0.02
11/02/2015 11/04/2015 11/06/2015 $ 0.0175 -- -- -- $ 0.02
10/01/2015 10/05/2015 10/07/2015 $ 0.0168 -- -- -- $ 0.02
09/01/2015 09/03/2015 09/08/2015 $ 0.0167 -- -- -- $ 0.02
08/03/2015 08/05/2015 08/07/2015 $ 0.0165 -- -- -- $ 0.02
07/01/2015 07/06/2015 07/08/2015 $ 0.0162 -- -- -- $ 0.02
06/01/2015 06/03/2015 06/05/2015 $ 0.0166 -- -- -- $ 0.02
05/01/2015 05/05/2015 05/07/2015 $ 0.0160 -- -- -- $ 0.02
04/01/2015 04/06/2015 04/08/2015 $ 0.0166 -- -- -- $ 0.02
03/02/2015 03/04/2015 03/06/2015 $ 0.0150 -- -- -- $ 0.01
02/02/2015 02/04/2015 02/06/2015 $ 0.0169 -- -- -- $ 0.02
12/29/2014 12/31/2014 01/05/2015 $ 0.0169 -- -- -- $ 0.02
12/01/2014 12/03/2014 12/05/2014 $ 0.0160 -- -- -- $ 0.02
11/03/2014 11/05/2014 11/07/2014 $ 0.0171 -- -- -- $ 0.02
10/01/2014 10/03/2014 10/07/2014 $ 0.0162 -- -- -- $ 0.02
09/02/2014 09/04/2014 09/08/2014 $ 0.0174 -- -- -- $ 0.02
08/01/2014 08/05/2014 08/07/2014 $ 0.0175 -- -- -- $ 0.02
07/01/2014 07/03/2014 07/08/2014 $ 0.0169 -- -- -- $ 0.02
06/02/2014 06/04/2014 06/06/2014 $ 0.0178 -- -- -- $ 0.02
05/01/2014 05/05/2014 05/07/2014 $ 0.0180 -- -- -- $ 0.02
04/01/2014 04/03/2014 04/07/2014 $ 0.0184 -- -- -- $ 0.02
03/03/2014 03/05/2014 03/07/2014 $ 0.0202 -- -- -- $ 0.02
02/03/2014 02/05/2014 02/07/2014 $ 0.0205 -- -- -- $ 0.02
12/27/2013 12/31/2013 01/03/2014 $ 0.0209 -- -- -- $ 0.02
12/02/2013 12/04/2013 12/06/2013 $ 0.0203 -- -- -- $ 0.02
11/01/2013 11/05/2013 11/07/2013 $ 0.0232 -- -- -- $ 0.02
10/01/2013 10/03/2013 10/07/2013 $ 0.0198 -- -- -- $ 0.02
09/03/2013 09/05/2013 09/09/2013 $ 0.0204 -- -- -- $ 0.02
08/01/2013 08/05/2013 08/07/2013 $ 0.0194 -- -- -- $ 0.02
07/01/2013 07/03/2013 07/08/2013 $ 0.0195 -- -- -- $ 0.02
06/03/2013 06/05/2013 06/07/2013 $ 0.0200 -- -- -- $ 0.02
05/01/2013 05/03/2013 05/07/2013 $ 0.0200 -- -- -- $ 0.02
04/01/2013 04/03/2013 04/05/2013 $ 0.0204 -- -- -- $ 0.02
03/01/2013 03/05/2013 03/07/2013 $ 0.0186 -- -- -- $ 0.02
02/01/2013 02/05/2013 02/07/2013 $ 0.0202 -- -- -- $ 0.02
12/27/2012 12/31/2012 01/03/2013 $ 0.0213 -- $ 0.0110 -- $ 0.03
12/03/2012 12/05/2012 12/07/2012 $ 0.0205 -- -- -- $ 0.02
11/01/2012 11/05/2012 11/07/2012 $ 0.0210 -- -- -- $ 0.02
10/01/2012 10/03/2012 10/05/2012 $ 0.0213 -- -- -- $ 0.02
09/04/2012 09/07/2012 09/10/2012 $ 0.0226 -- -- -- $ 0.02
08/01/2012 08/03/2012 08/07/2012 $ 0.0234 -- -- -- $ 0.02
07/02/2012 07/05/2012 07/09/2012 $ 0.0233 -- -- -- $ 0.02
06/01/2012 06/05/2012 06/07/2012 $ 0.0245 -- -- -- $ 0.02
05/01/2012 05/03/2012 05/07/2012 $ 0.0243 -- -- -- $ 0.02
04/02/2012 04/04/2012 04/09/2012 $ 0.0258 -- -- -- $ 0.03
03/01/2012 03/05/2012 03/07/2012 $ 0.0248 -- -- -- $ 0.02
02/01/2012 02/03/2012 02/07/2012 $ 0.0265 -- -- -- $ 0.03
12/28/2011 12/30/2011 01/04/2012 $ 0.0279 -- $ 0.0002 -- $ 0.03
12/01/2011 12/05/2011 12/07/2011 $ 0.0270 -- -- -- $ 0.03
11/01/2011 11/03/2011 11/07/2011 $ 0.0270 -- -- -- $ 0.03
10/03/2011 10/05/2011 10/07/2011 $ 0.0270 -- -- -- $ 0.03
09/01/2011 09/06/2011 09/08/2011 $ 0.0282 -- -- -- $ 0.03
08/01/2011 08/03/2011 08/05/2011 $ 0.0290 -- -- -- $ 0.03
07/01/2011 07/06/2011 07/08/2011 $ 0.0268 -- -- -- $ 0.03
06/01/2011 06/03/2011 06/07/2011 $ 0.0290 -- -- -- $ 0.03
05/02/2011 05/04/2011 05/06/2011 $ 0.0275 -- -- -- $ 0.03
04/01/2011 04/05/2011 04/07/2011 $ 0.0330 -- -- -- $ 0.03
03/01/2011 03/03/2011 03/07/2011 $ 0.0281 -- -- -- $ 0.03
02/01/2011 02/03/2011 02/07/2011 $ 0.0310 -- -- -- $ 0.03
12/29/2010 12/31/2010 01/05/2011 $ 0.0300 $ 0.0210 $ 0.0370 -- $ 0.09
12/01/2010 12/03/2010 12/07/2010 $ 0.0280 -- -- -- $ 0.03
11/01/2010 11/03/2010 11/05/2010 $ 0.0290 -- -- -- $ 0.03
10/01/2010 10/05/2010 10/07/2010 $ 0.0290 -- -- -- $ 0.03
09/01/2010 09/03/2010 09/08/2010 $ 0.0300 -- -- -- $ 0.03
08/02/2010 08/04/2010 08/06/2010 $ 0.0300 -- -- -- $ 0.03
07/01/2010 07/06/2010 07/08/2010 $ 0.0290 -- -- -- $ 0.03
06/01/2010 06/03/2010 06/07/2010 $ 0.0300 -- -- -- $ 0.03
05/03/2010 05/05/2010 05/07/2010 $ 0.0300 -- -- -- $ 0.03
04/01/2010 04/06/2010 04/08/2010 $ 0.0300 -- -- -- $ 0.03
03/01/2010 03/03/2010 03/05/2010 $ 0.0280 -- -- -- $ 0.03
02/01/2010 02/03/2010 02/05/2010 $ 0.0300 -- -- -- $ 0.03
12/29/2009 12/31/2009 01/05/2010 $ 0.0325 -- -- -- $ 0.03
12/01/2009 12/03/2009 12/07/2009 $ 0.0310 -- -- -- $ 0.03
11/02/2009 11/04/2009 11/06/2009 $ 0.0320 -- -- -- $ 0.03
10/01/2009 10/05/2009 10/07/2009 $ 0.0300 -- -- -- $ 0.03
09/01/2009 09/03/2009 09/08/2009 $ 0.0315 -- -- -- $ 0.03
08/03/2009 08/05/2009 08/07/2009 $ 0.0360 -- -- -- $ 0.04
07/01/2009 07/06/2009 07/08/2009 $ 0.0340 -- -- -- $ 0.03
06/01/2009 06/03/2009 06/05/2009 $ 0.0350 -- -- -- $ 0.04
05/01/2009 05/05/2009 05/07/2009 $ 0.0370 -- -- -- $ 0.04
04/01/2009 04/03/2009 04/07/2009 $ 0.0400 -- -- -- $ 0.04
03/02/2009 03/04/2009 03/06/2009 $ 0.0360 -- -- -- $ 0.04
02/02/2009 02/04/2009 02/06/2009 $ 0.0380 -- -- -- $ 0.04
12/26/2008 12/30/2008 01/06/2009 $ 0.0370 -- -- -- $ 0.04
12/01/2008 12/03/2008 12/05/2008 $ 0.0450 -- -- -- $ 0.04
11/03/2008 11/05/2008 11/07/2008 $ 0.0340 -- -- -- $ 0.03
10/01/2008 10/03/2008 10/07/2008 $ 0.0367 -- -- -- $ 0.04
09/02/2008 09/04/2008 09/09/2008 $ 0.0393 -- -- -- $ 0.04
08/01/2008 08/05/2008 08/07/2008 $ 0.0377 -- -- -- $ 0.04
07/01/2008 07/03/2008 07/08/2008 $ 0.0367 -- -- -- $ 0.04
06/02/2008 06/04/2008 06/06/2008 $ 0.0400 -- -- -- $ 0.04
05/01/2008 05/05/2008 05/07/2008 $ 0.0100 -- -- -- $ 0.01
04/01/2008 04/03/2008 04/08/2008 $ 0.0687 -- -- -- $ 0.07

‡All registered investment companies are obliged to distribute portfolio gains to shareholders at yearend regardless of performance. Trading VanEck ETFs will also generate tax consequences and transaction expenses. The information provided is not intended to be tax advice. Tax consequences of dividend distributions may vary by individual taxpayer. There is no guarantee that dividends will be paid. To receive a distribution, you must have been a registered shareholder of the relevant VanEck ETFs on the record date. Distributions are paid to shareholders on the payment date. Past distributions are not indicative of future distributions.

Certain distributions may constitute a return of capital, which will have the effect of reducing your cost basis in the Fund’s shares and thereby increasing the amount of capital gain, if any, or decreasing the amount of capital loss, if any, that you will realize when selling or exchanging Fund shares. The final determination of the tax characteristics cannot be determined until after each Fund’s yearend and are reported to shareholders on Form 1099-DIV. The form is mailed to shareholders shortly after calendar yearend specifying how the distributions paid by the Fund during the prior calendar year should be characterized for purposes of reporting the distribution on a shareholder’s tax return.

The tax treatment and characterization of the Fund’s distributions may vary significantly from time to time depending on whether the Fund has gains or losses on the securities in its portfolio. The Fund’s distributions will normally reflect past and projected net investment income, and may include income from dividends and interest, capital gains and/or a return of capital. The final composition of the tax characteristics of the distributions cannot be determined with certainty until after the end of the year, and will be reported to shareholders at that time. The amount of distributions will vary, depending on a number of factors. As portfolio and market conditions change, the rate of dividends may change. There can be no assurance that the Fund will be able to declare a dividend distribution in each period. Past performance is no guarantee of future results.

Click here to access more detailed yearend tax information

Team

Resources

Regulatory Information

Fund Documents

Thought Leadership

SMB