SMB ETF Report: Ratings, Analysis, Quotes, Holdings

Popular SMB Comparisons: SMB vs SHM, SMB vs SUB, SMB vs JMST, SMB vs SMMU, SMB vs IBMK

Related ETF Channels: U.S., Short-Term, Muni, North America, Bond, Investment Grade Bonds, Vanilla, Fixed Income

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*Unless otherwise stated, data provided by FactSet.

SMB Fund Description

SMB tracks a market-value-weighted index of tax-exempt municipal bonds dated within the last 5 years and with nominal maturities of 1-6 years.

SMB Factset Analytics Insight

SMB tracks an index that aims to provide marketlike exposure to US short-duration, tax-exempt muni bonds with maturities of no more than six years. These bonds must also be rated investment grade to be included and are proportionally weighted by market value. 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. Rebalancing occurs monthly.

PERFORMANCE [as of 09/23/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS

SMB 0.09% 0.30% 0.42% 1.30% 3.18% 1.86% 1.56%

SMB (NAV) -0.16% 0.25% 0.46% 1.62% 2.87% 1.69% 1.88%

Bloomberg AMT-Free Short Continuous Municipal Index -0.13% 0.40% 0.64% 1.24% 3.44% 2.18% 2.03%

Bloomberg Barclays Municipal Short (1-5 Y) -0.10% 0.27% 0.56% 0.90% 2.72% 1.86% 1.61%

All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

SMB Summary Data

VanEck

02/22/08

Open-Ended Fund

0.20%

$318.98M

$1.15M

0.10%

SHM, SUB, JMST, SMMU, IBMK

Fund Home Page

SMB Portfolio Data

3.07

0.36%

10/01/21

593

SMB Index Data

Bloomberg AMT-Free Short Continuous Municipal Index

Market Value

AMT-Free

Bloomberg Barclays Municipal Short (1-5 Y)

SMB Portfolio Management

0.20%

-0.37%

-0.11%

Max. Downside Tracking Difference (12 Mo) -1.53%

SMB Tax Exposures

20.00% / 39.60%

0.04%

Ordinary income

SMB Fund Structure

Open-Ended Fund

-- / --

N/A

Low

Daily

SMB Factset Analytics Block Liquidity

As of 09/24/21

This measurement shows how easy it is to trade a $1 million USD block of SMB. SMB is rated a N/A out of 5.

SMB Tradability

63,651

$1.15M

53,778

$970.83K

0.10%

$0.02

0.17%

0.47% / -0.13%

None

100.00%

50,000

1.08

0.03%

$18.01

N/A

SMB Sector/Industry Breakdown

SMB

Segment Benchmark

Revenue

63.66%

General obligation

33.73%

Double barrel

2.61%

SMB Top 10 Holdings[View All]

Maryland St 5.0% 15-MAR-2024 0.97%

North Carolina Tpk Auth Triangle Expwy Sys Rev 5.0% 01-FEB-2024 0.75%

Central Plains Energy Proj Neb Gas Supply Rev VAR 01-DEC-2049 0.72%

Tennessee Energy Acquisition Corp Gas Rev VAR 01-NOV-2049 0.64%

Patriots Energy Group Fing Agy S C Gas Supply Rev VAR 01-OCT-2048 0.61%

Pefa Inc Iowa Gas Proj Rev VAR 01-SEP-2049 0.57%

Georgia St 5.0% 01-FEB-2027 0.57%

California St 5.0% 01-AUG-2025 0.56%

Metropolitan Transn Auth N Y Rev VAR 15-NOV-2048 0.54%

Lower Ala Gas Dist Gas Proj Rev VAR 01-DEC-2050 0.54%

Total Top 10 Weighting 6.48%

SMB Top 5 Countries

SMB

Segment Benchmark

United States

100.00%

SMB Top 5 Currencies

SMB

Segment Benchmark

United States

100.00%

SMB Performance Statistics

0.94

1.38

SMB Holdings Statistics

3.32 years

Effective Duration 3.07

0.36%

Credit Spread Duration 3.06

Concentration Low

Number of Holdings 593

Option Adjusted Spread 0.12%

SMB Avg Life Maturity Distribution

0 - 1 years 3.48%

1 - 2 years 18.33%

2 - 3 years 18.28%

3 - 5 years 48.88%

5 - 7 years 10.70%

7 - 10 years 0.32%

10 - 15 years --

15 - 20 years --

> 20 years --

SMB OAS Breakdown

0 - 100 bps 100.00%

100 - 200 bps --

200 - 300 bps --

300 - 400 bps --

400 - 500 bps --

500 - 600 bps --

600 - 700 bps --

700 - 800 bps --

800 - 900 bps --

900 - 1000 bps --

> 1000 bps --

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SMB

SMB Fund Description

SMB Factset Analytics Insight

Related Articles

SMB Summary Data

SMB Portfolio Data

SMB Index Data

SMB Portfolio Management

SMB Tax Exposures

SMB Fund Structure

SMB Factset Analytics Block Liquidity

SMB Tradability

SMB Sector/Industry Breakdown

SMB Top 10 Holdings[View All]

SMB Top 5 Countries

SMB Top 5 Currencies

SMB Performance Statistics

SMB Holdings Statistics

SMB Avg Life Maturity Distribution

SMB OAS Breakdown