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Morningstar

VanEck Short Muni ETF SMB

Morningstar Medalist Rating
Medalist Rating as of | See VanEck Investment Hub

Morningstar’s Analysis SMB

Will SMB outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable SMB’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the SMB management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of SMB’s parent organization’s priorities and whether they’re in line with investors’ interests.

Neither process nor people stand out at VanEck Short Muni ETF, but it gets enough right to help this strategy retain its Morningstar Medalist Rating of Bronze.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a sizable cost advantage over competitors, priced within the least expensive fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings SMB

More SMB Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 7.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Us Dollar

4.72 12.0 Mil
Cash and Equivalents

CALIFORNIA STATEWIDE CMNTYS DEV AUTH POLLUTION CTL REV 1.75%

0.85 2.2 Mil
municipal

CONROE TEX INDPT SCH DIST 5%

0.83 2.1 Mil
municipal

METROPOLITAN TRANSN AUTH N Y REV 5%

0.79 2.0 Mil
municipal

GOLDEN ST TOB SECURITIZATION CORP CALIF TOB SETTLEMENT REV 5%

0.75 1.9 Mil
municipal

TENNESSEE ENERGY ACQUISITION CORP GAS REV 4%

0.70 1.8 Mil
municipal

NORTH CAROLINA ST GRANT ANTIC REV 5%

0.65 1.6 Mil
municipal

NEW JERSEY ECONOMIC DEV AUTH REV 5.25%

0.60 1.5 Mil
municipal

NEW YORK N Y 5%

0.59 1.5 Mil
municipal

MAIN STR NAT GAS INC GA GAS SUPPLY REV 4%

0.59 1.5 Mil
municipal