SMI

Fund Description
The VanEck HIP Sustainable Muni ETF (SMI) is an actively managed exchange-traded fund ( ETF ) that seeks current income generally exempt from federal income tax by investing in investment grade municipal debt securities that have been issued to fund operations or projects that support or advance sustainable development, as well as promote positive social and environmental outcomes.
Fund Profile
Fund Name VanEck HIP Sustainable Muni ETF
Fund Exchange Ticker SMI
Fund Sponsor Van Eck Associates Corporation
Fund ISIN US92189H8135
Net Expense Ratio 0.24 %
Fund Inception Date 8 September 2021
Fund Legal Structure ETF (Open end fund)
Exchange BATS
Listing Country Code US
Fund Investment Objective
ETF Type Specific Bonds - Municipal
Asset Class Bonds
Index Linked Active
Index Name Not Applicable
Index Provider Not Applicable
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Developed Market Funds
Bond Type Municipal
Credit Quality Investment Grade Only
Average Maturity Fund Holds All Maturity Ranges
Bond Currency Denomination USD
Key Statistics
Return As of Date 28 June 2022
Asset Under Management 15.82 Million (USD)
1 Month Total Return -2.43 %
Year To Date Return -9.44 %
1 Year Total Return
3 Year Annualized Total Return
NAV 45.2074
Share Outstanding 350,000
Top 10 Holdings (28 June 2022)
Constituent Name Constituent Ticker Constituent Type Weighting
City Of Boston Ma BOND 0.0378000000
State Of California BOND 0.0362000000
City & County Honolulu Hi Wastewater Sy BOND 0.0340000000
Val Verde Unified School District BOND 0.0339000000
Port Authority Of New York & New Jersey BOND 0.0333000000
City Of Los Angeles Department Of Airpo BOND 0.0315000000
Other/Cash CASH 0.0297000000
State Of California BOND 0.0282000000
New York City Municipal Water Finance A BOND 0.0266000000
San Francisco City & County Airport Com BOND 0.0251000000