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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 09/26/16

    • 30-Day SEC Yield1

      4.42%
    • Total Net Assets

      $116.6M
    • Number of Holdings

      71
    • Options

      Expected
    • Gross Expense Ratio2

      1.70%
    • Net Expense Ratio/TER2

      1.56%
    • Distribution Frequency

      Monthly
    • Next Distribution Date

      09/30/2016
  • Portfolio Composition (%)
    as of 08/31/16

    • % of Net Assets
    • Stocks

      0.00
    • Bonds

      0.00
    • Other

      99.81
    • Cash

      0.19
    XMPT is a "fund of funds" and invests its assets in other funds. At least 80% of the Fund's total assets are invested in securities of issuers that comprise the Fund’s benchmark index, the CEFMX Index, which includes shares of U.S.-listed closed-end funds that invest in municipal bonds.
  • Currency Exposure (%)
    as of 08/31/16

    • U.S. Dollar

      99.81
    • Other/Cash

      0.19
  • 3-YR Risk Measures*
    as of 08/31/16

    • Beta vs. S&P 500 Index

      -0.08
    • Correlation vs. S&P 500 Index

      -0.11
    • Volatility (Standard Deviation)

      7.36
    • Sharpe Ratio

      1.87

    Source: VanEck, FactSet

    *Beta is a measure of sensitivity to market movements. Correlation measures the extent of linear association between the ETF performance and the index performance. Volatility is the annualized standard deviation of the ETF's monthly returns. Sharpe ratio measures risk-adjusted return, and represents the ETF's return less the risk free rate divided by the standard deviation. See S&P 500 Index definition.6