VanEck Short Muni ETF (SMB)

• Market cap: $287M
• 1 day: 0.17%
• 5 days: 0.4%
• 1 month: 0.58%
• 3 months: 1.51%
• 6 months: 1.57%
• Year to date: 1.99%
• 1 year: 1.16%
• 5 years: -3.7%
• 10 years: 0.23%

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

50% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 6

8% more capital invested

Capital invested by funds: $196M [Q1] → $212M (+$15.9M) [Q2]

3% more funds holding

Funds holding: 89 [Q1] → 92 (+3) [Q2]

3.16% more ownership

Funds ownership: 73.76% [Q1] → 76.92% (+3.16%) [Q2]

0% more repeat investments, than reductions

Existing positions increased: 30 | Existing positions reduced: 30