VanEck Short Muni ETF (SMB)

• Market cap: $262M
• 1 day: -0.12%
• 5 days: 0.77%
• 1 month: -1.46%
• 3 months: -1.23%
• 6 months: -1.74%
• Year to date: -1.05%
• 1 year: -0.18%
• 5 years: -4.14%
• 10 years: -3.31%

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

150% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 6

25% more repeat investments, than reductions

Existing positions increased: 30 | Existing positions reduced: 24

8% more capital invested

Capital invested by funds: $192M [Q3] → $208M (+$15.8M) [Q4]

7% more funds holding

Funds holding: 83 [Q3] → 89 (+6) [Q4]

3.13% more ownership

Funds ownership: 73.07% [Q3] → 76.2% (+3.13%) [Q4]

100% less funds holding in top 10

Funds holding in top 10: 1 [Q3] → 0 (-1) [Q4]