VanEck Short Muni ETF (SMB)

The VanEck Vectors Short Municipal Index ETF, with the ticker symbol SMB, is an exchange-traded fund (ETF) that seeks to track the investment results of the Bloomberg Barclays AMT-Free Short Continuous Municipal Index. The index is designed to track the performance of municipal bonds with maturities of up to 6 years.

SMB invests primarily in municipal bonds with maturities of up to 6 years that are included in the Bloomberg Barclays AMT-Free Short Continuous Municipal Index. The fund's holdings may be concentrated in a small number of sectors or issuers, which can increase its exposure to risks associated with those sectors or issuers.

Investing in SMB can provide investors with exposure to municipal bonds with short maturities, which can offer the potential for income and a lower level of interest rate risk compared to longer-maturity bonds. However, it's important to keep in mind that investing in any ETF carries certain risks, including the potential for market fluctuations and the possibility of losses.