SMI

VanEck HIP Sustainable Muni ETF
*Unless otherwise stated, data provided by FactSet.

SMI Fund Description

SMI is an actively managed fund that provides exposure to AMT-free, investment-grade US municipal bonds of any maturity that support sustainable development.

SMI Factset Analytics Insight

SMI actively invests in investment-grade municipal bonds of any maturity that are exempt from federal income tax and are perceived to support sustainable development. The fund aims to support progress towards sustainable development in alignment with the United Nations Sustainable Development Goals, as well as promote positive social and environmental outcomes, by using HIP (Human Impact + Profit) Ratings. Municipal bonds issued and associated to US states, municipal governments, and its territories are assigned HIP Ratings based on data-driven, quantitative performance measures to determine an estimate of their impact. As an actively managed ETF, SMI applies its own investment techniques and risk analyses to identify buy-sell-or-hold opportunities.

PERFORMANCE [as of 10/25/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
SMI -0.99% -- -- -- -- -- --
SMI (NAV) -0.78% -- -- -- -- -- --
No Underlying Index -- -- -- -- -- -- --
Barclays Municipal Bond -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

SMI Summary Data

VanEck
09/08/21
Open-Ended Fund
0.24%
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$349.16K
0.06%
N/A

SMI Portfolio Data

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SMI Index Data

No Underlying Index
Proprietary
Proprietary
Barclays Municipal Bond

SMI Portfolio Management

0.24%
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SMI Tax Exposures

20.00% / 39.60%
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Ordinary income
No

SMI Fund Structure

Open-Ended Fund
No
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N/A
N/A
Low
Daily

SMI Factset Analytics Block Liquidity

As of 10/26/21
5
4
3
2
1

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

SMI Tradability

7,038
$349.16K
685
$34.04K
0.06%
$0.03
0.12%
0.24% / -0.05%
None
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$49.52
N/A

SMI Top 10 Holdings[View All]

6.34%
5.92%
4.76%
3.82%
3.74%
3.57%
3.36%
3.14%
2.96%
2.79%
40.38%

SMI Performance Statistics

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SMI Holdings Statistics

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SMI Avg Life Maturity Distribution

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SMI OAS Breakdown

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Options Strategies for Outcome Investing

A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.