VanEck CEF Muni Income ETF
XMPT
Chicago Board Options Exchange- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- 666 Third Avenue, 9th Floor New York NY United States of America 10017
- IPO Date
- Jul 13, 2011
- CIK
- 0001137360
- Website
- vaneck.com
- Similar Companies
- Business
- VanEck CEF Municipal Income ETF (XMPT) is an exchange-traded fund that seeks to replicate, before fees and expenses, the price and yield performance of the S-Network Municipal Bond Closed-End Fund Index (CEFMXTR), which tracks the overall performance of U.S.-listed closed-end funds (CEFs) investing primarily in U.S. dollar-denominated, tax-exempt municipal bonds. The fund provides investors with exposure to a diversified portfolio of approximately 50 municipal CEFs managed by leading asset managers including Nuveen, BlackRock, PIMCO, Invesco, and Eaton Vance; top holdings as of December 2025 include Nuveen AMT-Free Quality Municipal Income Fund (NEA, 8.15%), Nuveen Quality Municipal Income Fund (NAD, 7.98%), Nuveen AMT-Free Municipal Credit Income Fund (NVG, 7.66%), and Nuveen Municipal Credit Income Fund (NZF, 6.91%). XMPT focuses on investment-grade municipal bonds across broad maturities, emphasizing CEFs that often trade at discounts to net asset value to enhance income potential and offer opportunities for capital appreciation, with a 30-Day SEC Yield of 5.94%, distribution yield of 5.88%, and monthly distributions targeting tax-exempt income for U.S. investors. Launched on July 12, 2011, and domiciled in the United States, XMPT is issued and managed by VanEck ETF Trust, part of VanEck, a New York-based investment manager founded in 1955 and headquartered at 666 Third Avenue, New York, NY 10017. The fund operates exclusively in U.S. markets, concentrating on the fixed income segment of government, local authority, and municipal investment-grade bonds, serving retail and institutional investors seeking high tax-efficient yields from leveraged CEF structures. It employs a passive, multi-factor strategy aligned with the index's weighting scheme, with total net assets of approximately $194.32 million and an expense ratio of 1.97% as of December 2025. In recent developments, XMPT has benefited from narrowing discounts in underlying municipal CEFs amid expectations of interest rate cuts, enhancing total returns and positioning the fund favorably in a rate-cut cycle as noted in late 2025 analyses. The fund maintained steady monthly distributions through 2025, with ex-dates including November 28 ($0.1070 dividend income) and November 3 ($0.1043), alongside consistent performance tracking closely to its benchmark despite minor tracking differentials. VanEck, as sponsor, continues to evaluate its ETF lineup for liquidity and assets under management, with no specific closures or launches affecting XMPT in 2024-2025; recent firm-wide announcements included liquidations of unrelated ETFs like RNEW and SMI in June 2025.