ETF Watch: VanEck Files Muni Bond Fund

Proposed ETF will fill a hole in firm’s lineup.
Reviewed by: Staff
Edited by: Staff

VanEck recently filed for an ETF that will fill a rather glaring hole in its lineup of municipal bond funds. Although the firm offers muni bond ETFs targeting different maturity ranges, pre-refunded municipal debt, high-yield municipal debt and even closed-end funds covering muni bonds, the VanEck Vectors AMT-Free National Municipal Index ETF (MUNY) will be the only ETF VanEck offers to cover the broad municipal debt space.

The fund’s index covers tax-exempt investment-grade debt, which represents 75% of the portfolio, while noninvestment-grade debt receives a 25% weighting. The index is very broad, covering some 50,000 different bonds; not surprisingly, the prospectus notes that the fund will use a sampling strategy rather than fully replicating the index.

Components in the index are weighted by market value.

MUNY is slated to list on the Bats Global Markets stock exchange, which owns The filing did not include an expense ratio.

Contact Heather Bell at [email protected]. is the single source for ETF intelligence. We provide real-time ETF news and analysis to educate investors and drive financial knowledge in the space. Our personalized and accurate information, alongside industry-leading financial tools, are depended upon to develop winning investment and financial decisions. At, we strive to serve both the individual investor as well as the professional financial advisor to educate and grow the ETF community.