PortfolioMetrics

XMPT

- VanEck CEF Muni Income ETF

Key Information

Earliest date2011-07-12
ExchangeCBOE
Instrument TypeETF
MIC CodeBATS
CountryUnited States

ETF Information

Fund ProviderVanEck
IndexS-Network Closed End Municipal Bond Fund Index
Expense Ratio1.82%
Number Of Holdings55
Inception Date2011-07-12
Asset ClassBonds
CurrencyUSD
ListingUS-listed
Bond TypeBroad Market
Non-leveragedLeveraged

About XMPT

The VanEck CEF Muni Income ETF (XMPT) provides diversified exposure to the municipal bond market through a unique approach, investing in closed-end funds that in turn invest in municipal bonds. This ETF offers a way to access some of the world's most successful muni bond managers through a single ticker, with the potential for attractive current returns. It is suitable for investors in higher tax brackets and can be used as a tactical tool for short-term exposure or as a longer-term core fixed income holding.