VanEck CEF Muni Income ETF
$19.68−0.43 (−2.14%)
- Expense ratio
- 3.40%
- Fund size
- $204M
- 1Y return
- −2.2%
- Yield · Last 12 months
- 6.31%
- Holdings
- 39
- Volume · 30D
- 0M sh
- NAV per share
- $20.14
- 52W range
The ETF.net XMPT Grade
Score 32 of 100 sits in the D band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.FScore 2Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.CScore 48Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.DScore 39Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.BScore 58Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.FScore 23Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.BScore 62Category rank
Our read on XMPT
DOne ticker for the muni closed-end fund market: roughly 40 CEFs, many of them leveraged, weighted toward the ones trading at the widest discounts to their own asset value. VanEck has run it this way since 2011.
XMPT seeks to track, before fees and expenses, the price and yield performance of an index representing U.S.-listed closed-end funds investing in U.S.-dollar-denominated, tax-exempt markets.
Why people hold it
- The index leans toward cheap: weights start from each fund's net assets, then adjust for its average discount over the prior 90 days, tilting toward deeper-discounted CEFs.vaneck.com
- One trade instead of tracking dozens of muni closed-end funds and their individual discounts: roughly 40 of them, with income paid monthly.
- Running since 2011, it is the long-standing ETF wrapper for a corner of the muni market that otherwise means researching closed-end funds one at a time.vaneck.com
Worth knowing
- All-in cost is 1.97% against a muni-ETF median near 0.30%. Most of that is the underlying CEFs' own fees and borrowing costs; VanEck's management fee is 0.40%.sec.govvaneck.com
- Many underlying funds borrow, which amplifies muni price moves, and CEF discounts widen as well as narrow. Swings run larger than a plain index tracker such as VTEB or MUB.vaneck.com
- Small and thinly traded, so spreads can run wider than on the giant muni trackers.
XMPT Holdings
- Other
- 39
- 59%
- MHD
Geography
- United States100.00%
XMPT Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | XMPT |
|---|---|
| Year to date | −4.4% |
| 1 month | −5.8% |
| 3 months | −7.1% |
| 1 year | −2.2% |
| 3 years | +6.6% |
| 5 years | −3.1% |
| 10 years | +1.2% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | XMPT |
|---|---|---|
| 2026 YTD | −4.4% | |
| 2025 | +8.0% | |
| 2024 | +7.0% | |
| 2023 | +2.5% | |
| 2022 | −24.0% | |
| 2021 | +7.9% | |
| 2020 | +7.7% |
XMPT in the news
ETF.net Research hasn’t filed on XMPT yet — coverage lands here as it’s written.
XMPT Dividends
- 6.31%
- $1.27
- $0.11 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 1, 2026 | Sep 4, 2026 | $0.11 |
| Aug 3, 2026 | Aug 6, 2026 | $0.11 |
| Jul 1, 2026 | Jul 7, 2026 | $0.11 |
| Jun 1, 2026 | Jun 4, 2026 | $0.10 |
| Apr 24, 2026 | Apr 29, 2026 | $0.11 |
| Apr 1, 2026 | Apr 7, 2026 | $0.11 |
| Mar 2, 2026 | Mar 5, 2026 | $0.11 |
| Feb 2, 2026 | Feb 5, 2026 | $0.11 |
| Dec 29, 2025 | Dec 31, 2025 | $0.10 |
| Nov 28, 2025 | Dec 3, 2025 | $0.11 |
| Nov 3, 2025 | Nov 6, 2025 | $0.10 |
| Oct 1, 2025 | Oct 6, 2025 | $0.10 |
XMPT Risk
- 11.7%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.29
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −34.9%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 2.05
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
XMPT Cost
- The middle half of Other Municipal Bond funds
- Median 0.30%
60 of the 62 Other Municipal Bond funds charge less.