VanEck HIP Sustainable Muni ETFVanEck HIP Sustainable Muni ETFVanEck HIP Sustainable Muni ETF

VanEck HIP Sustainable Muni ETF

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Key stats

Assets under management (AUM)
‪18.37 M‬USD
Fund flows (1Y)
Dividend yield (indicated)
2.30%
Discount/Premium to NAV
0.07%

About VanEck HIP Sustainable Muni ETF

Issuer
Van Eck Associates Corp.
Brand
VanEck
Expense ratio
0.24%
Home page
Inception date
Sep 8, 2021
Index tracked
No Underlying Index
Management style
Active
SMI actively invests in investment-grade municipal bonds of any maturity that are exempt from federal income tax and are perceived to support sustainable development. The fund aims to support progress towards sustainable development in alignment with the United Nations Sustainable Development Goals, as well as promote positive social and environmental outcomes, by using HIP (Human Impact + Profit) Ratings. Municipal bonds issued and associated to US states, municipal governments, and its territories are assigned HIP Ratings based on data-driven, quantitative performance measures to determine an estimate of their impact. As an actively managed ETF, SMI applies its own investment techniques and risk analyses to identify buy-sell-or-hold opportunities.

Classification

Asset Class
Fixed income
Category
Government, local authority/municipal
Focus
Investment grade
Niche
Broad maturities
Strategy
Active
Weighting scheme
Proprietary
Selection criteria
Proprietary

Returns

1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

Dividends

Dividend payout history

Assets under management (AUM)

Fund Flows