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About VanEck Short Muni ETF
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Inception date
Feb 22, 2008
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Van Eck Associates Corp.
Distributor
Van Eck Securities Corp.
ISIN
US92189F5281
SMB tracks an index that aims to provide market-like exposure to US short-duration, tax-exempt muni bonds with maturities of no more than six years. These bonds must have a fixed coupon schedule and have an investment grade rating to be included. Index components are proportionally weighted by market value and rebalance monthly. The fund uses a sampling method in tracking the index, which means it will invest in a sample of securities that collectively have an investment profile similar to that of the underlying index. Prior to March 1, 2022, the fund tracked the Bloomberg AMT-Free Short Continuous Municipal Index. Then until November 30, 2022, the fund used a transition index to gradually broaden its exposure before tracking its current index.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Municipal
Bonds, Cash & Other100.00%
Municipal99.29%
Cash0.71%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
VEFR last dividends amounted to 0.03 EUR. The month before, the issuer paid 0.03 EUR in dividends, which shows a 3.83% decrease.
Yes, VEFR pays dividends to its holders with the dividend yield of 2.55%. The last dividend (Sep 5, 2025) amounted to 0.03 EUR. The dividends are paid monthly.
VEFR shares are issued by Van Eck Associates Corp. under the brand VanEck. The ETF was launched on Feb 22, 2008, and its management style is Passive.
VEFR expense ratio is 0.07% meaning you'd have to pay 0.07% of your investment to help manage the fund.
VEFR follows the ICE Short AMT-Free Broad National Municipal. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
VEFR invests in bonds.