XMPTVanEck CEF Municipal Income ETF

Get income14y track recordRanked #1,045 of 1,622 in this goal

Seeks to replicate the price and yield performance of the S-Network Municipal Bond Closed-End Fund Index.

By VanEck · Launched 2011

Annual Cost

1.97%

#5,513 of 5,562 · expensive

Fund Size

$214M

#2,263 of 5,562 · mid-size

Dividend YieldGoal

6.28%

Track Record

14 years

#905 of 5,562 · established

Performance

Total-return NAV · USD

Growth of $10,000

$10,932+9.3%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Index tracking

Index tracked

S-Network Municipal Bond Closed-End Fund Index SM (the CEFMX Index)

What it actually holds

By weight

Concentration

Top 10 holdings = 51.3% of fundmoderately concentrated

Nuveen AMT-Free Quality Municipal Income Fund

7.9%

Nuveen AMT-Free Municipal Credit Income Fund

7.8%

Nuveen Quality Municipal Income Fund

7.0%

Nuveen Municipal Credit Income Fund

6.0%

BlackRock Municipal 2030 Target Term Trust

5.9%

Nuveen Municipal Value Fund Inc

4.8%

BlackRock MuniYield Quality Fund Inc

3.1%

Nuveen Municipal High Income Opportunity Fund

3.1%

PIMCO Municipal Income Fund II

2.9%

BlackRock MuniYield Quality Fund III Inc

2.8%

Asset allocation

Bonds

99.2%

Other

3.9%

Cash

0.9%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

7.2%Low

Year-on-year price swings

Max drawdown

-35.2%Severe

Worst peak-to-trough loss

Sharpe (3Y)

0.42Below average

Sortino (3Y)

0.59Moderate downside risk

Bond profile

Credit ratings

Other

100.0%

Where to buy

Listing

Exchange: Cboe BZX

Full fund details

Objective: Seeks to replicate the price and yield performance of the S-Network Municipal Bond Closed-End Fund Index.
Strategy: Invests primarily in U.S.-listed closed-end funds that invest in municipal bonds exempt from federal income tax. Uses a passive approach to replicate the CEFMX Index, investing at least 80% of assets in tax-exempt income securities.
Inception date: July 12, 2011
Fund family: VanEck