Market Vectors® Short Municipal Index ETF (SMB)

17.67
Data as of 3:58pm ET
 +0.015 / +0.08%
Today’s Change
17.41
Today|||52-Week Range
17.79
+0.48%
Year-to-Date

Investment Objective

The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Barclays AMT-Free Short Continuous Municipal Index (the "Short Index"). The fund normally invests at least 80% of its total assets in fixed income securities that comprise the Short Index. The Short Index is comprised of publicly traded municipal bonds that cover the U.S. dollar denominated short-term tax-exempt bond market. The fund is non-diversified.

No recent news for Market Vectors® Short Municipal Index ETF.

Performance

1 month+0.32% 3 years+1.82%
3 months+0.63% 5 years+2.48%
1 year+2.28% Since inception+3.01%
Data through 10/22/2014

Quote Details

Previous close$17.65
Open day’s range17.63 – 17.67
Net asset value (NAV)17.67 (10/21/2014)
Daily volume42,060
Average volume (3 months)89,429
Data as of 3:58pm ET, 10/22/2014

Peer Comparisonvs. Muni national short ETFs

 SMBCategory
Performance 5-yr return+2.48%+1.16%
Expense Gross exp ratio0.20%0.22%
Risk 5 year sharpe ratio1.171.29
Net assets$258.4M$408.9M
Average market cap----
Average P/E----
Dividend / Share--0.05%

Competitors

SMMU PIMCO Short Term Municipal Bond Exchange...
SHM SPDR® Nuveen Barclays Short Term Munici...
IBME iShares iBonds Sep 2016 AMT-Free Muni Bo...

Holdings

Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- Illinois St Go Ref Bd 5%1.77%
-- Illinois St Go Bds 4%1.30%
-- Baltimore Cnty Md Cons Pub 5%1.27%
-- North Carolina St Go Ref Bd 5%1.26%
-- Rochester Minn Health Care Fac Rev Bd 4%1.16%
-- New Jersey St Transn Tr Fd Aut Trans 5%1.03%
-- New Jersey St Transn Tr Fd Aut Transp 5%1.03%
-- Gwinnett Cnty Ga Sch Dist 4.5%1.01%
-- Chicago Ill Go Bds 5%0.98%
-- New York St Twy Auth 5%0.97%

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