VanEck Vectors AMT-Free Short Municipal Index ETF
Key Statistics
Historical Performance
Total return including reinvested distributions, from adjusted closing prices.
Price History
Price history is being compiled for this fund.
Top Holdings
Top 25 holdings as of Jan 31, 2026 · source: SEC N-PORT. Full holdings & prospectus →
About SMB
The Fund normally invests at least 80% of its total assets in fixed income securities that comprise the Short Index. The Short Index is comprised of publicly traded municipal bonds that cover the U.S. dollar denominated short-term tax-exempt bond market. This 80% investment policy is non-fundamental and may be changed without shareholder approval upon 60 days’ prior written notice to shareholders. The Fund has adopted a fundamental investment policy to invest at least 80% of its assets in municipal securities. Such policy cannot be changed without a shareholder vote. For purposes of this policy, the term “assets” means net assets plus the amount of any borrowings for investment purposes. This percentage limitation applies at the time of the investment.The Fund, using a “passive” or indexing investment approach, attempts to approximate the investment performance of the Short Index. Unlike many investment companies that try to “beat” the performance of a benchmark index, the Fund does not try to “beat” the Short Index and does not take temporary defensive positions that are inconsistent with its investment objective of seeking to replicate the Short Index. Because of the practical difficulties and expense of purchasing all of the securities in the Short Index, the Fund does not purchase all of the securities in the Short Index. Instead, the Adviser utilizes a “sampling” methodology in seeking to achieve the Fund’s objective. As such, the Fund may purchase a subset of the bonds in the Short Index in an effort to hold a portfolio of bonds with generally the same risk and return characteristics of the Short Index. The Short Index is rebalanced on the last calendar day of the month.The Fund may concentrate its investments in a particular industry or group of industries to the extent that the Short Index concentrates in an industry or group of industries. As of April 30, 2025, each of the general obligation, refunded and special tax (i.e., revenue bonds backed by a special tax) sectors represented a significant portion of the Fund.
SMB News
- Heron Automates SMB Underwriting's Last Manual Step: The Background Check
- 9Spokes Launches Pulse: Configurable Data & Insights for SMB Customers of Financial Service Providers
- G&A Partners Extends Its Historic Inc. 5000 Legacy as the Only Company to Earn 21 Recognitions
- GTIA Advances Trusted AI, Strengthens Self-Governance, and Expands Global Community
- Understanding Momentum Shifts in (SMB)
- U.S. Small Business Sales Hold Steady in July, Extending 2026's Modest Growth
- Which Short-Term Bond ETF Is the Better Buy: Vanguard's BSV or VanEck's Tax-Exempt SMB?
- G&A Partners’ SMB Readiness Report Reveals Disconnect Between Business Confidence and Decisions
- Tech Leaders Expands AI Adoption Support as an OpenAI SMB Channel Partner
- NEXCOM Unveils DTA 1600 to Solve SMB Network Constraints with Enterprise-grade Security
- NEXCOM Unveils DTA 1600 to Solve SMB Network Constraints with Enterprise-grade Security
- Avoiding Lag: Real-Time Signals in (SMB) Movement
Data for SMB is aggregated from third-party providers (Tiingo, Nasdaq, Finnhub) and SEC filings, may be delayed at least 20 minutes, and may be incomplete or contain errors. Nothing here is investment advice. Verify with the official prospectus before investing.