XMPT
VanEck CEF Muni Income ETF
XMPT
VanEck CEF Muni Income ETF
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NAV$18.82
as of September 28, 2023 -
YTD RETURNS-10.17%
as of September 28, 2023 -
Total Net Assets$185.35M
as of September 28, 2023 -
Total Expense Ratio1.82%
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Inception Date07/12/2011
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30-Day SEC Yield4.72%
Fund Description
The VanEck CEF Muni 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.
Overview
Fund Highlights
- Potential High Level of Tax-Exempt Income
A portfolio of municipal CEFs that may produce yields higher than most other fixed income investments - Diversification by Asset, Strategy and Manager
Reduced single fund risk with a portfolio of CEFs managed by leading active fixed income managers - The Discount Advantage
Index assigns a greater weight to CEFs trading at discounts, potentially enhancing yield and the opportunity for capital appreciation
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