VanEck CEF Municipal Income ETF 

XMPT is a fund-of-funds that tracks an index that provides exposure to US-listed muni-bond closed-end funds.

VanEck CEF Municipal Income ETF offers diversification in the municipal bond space through closed-end funds.

XMPT: Muni Bond CEFs Looking More Appealing

Calamos CEF Income & Arbitrage ETF

Saba Closed-End Funds ETF

First Trust Income Opportunity ETF

Invesco CEF Income Composite ETF

YieldShares High Income ETF

While ETFs are traditionally passive products, active opportunities in the broader ETF market have been growing significantly over the past few years. Active ETFs of CEFs have historically had lower distribution rates than their passive counterparts.

Passive Vs. Active ETFs Of CEFs

Closed-end funds (CEFs) are relatively under the radar compared to peers like exchange-traded funds (ETFs) and mutual funds. Closed-end funds are generally desirable for two reasons: 1) high income; and 2) premium/discount mechanism.

Passive vs. Active ETFs of CEFs

VanEck High Yield Muni ETF

Nuveen Municipal High Income Opportunity Fund

Municipal bond closed-end funds (CEFs) are recommended as a top trade idea for 2024, offering the potential for high total returns in a relatively safe asset class.

Nuveen High Yield Muni: Generational Opportunity In Muni CEFs

VanEck Fallen Angel High Yield Bond ETF

VanEck Vectors BDC Income ETF

VanEck China Bond ETF

Vaneck CLO ETF

VanEck Morningstar High Dividend ETF

VanEck Energy Income ETF

VanEck J.P Morgan EM Local Currency Bond ETF

VanEck Investment Grade Floating Rate ETF

VanEck Green Bond ETF 

VanEck Emerging Markets High Yield Bond ETF

VanEck International High Yield Bond ETF 

VanEck Dynamic High Income ETF

VanEck Vectors Intermediate Muni ETF

VanEck Vectors Muni Allocation ETF

Mobeus Income & Growth 2 VCT PLC

VanEck Vectors Long Muni ETF

VanEck Mortgage REIT Income ETF

VanEck Preferred Securities ex Financials ETF

VanEck Short High Yield Muni ETF

VanEck Vectors Short Muni ETF

VanEck HIP Sustainable Muni ETF

Yields have reset higher across fixed income markets, leaving bonds well positioned in a range of different economic and interest rate scenarios in 2024. Introduction to Income Investing Income investing is a strategy that aims to generate a steady stream of income from investments, typically through interest payments or dividends.

Income Investing Playbook 2024: Navigating the New Interest Rate Regime

Alerian MLP ETF

iShares iBoxx High Yield Corporate Bond ETF

iShares Core U.S. REIT ETF

ETFs Of CEFs: Diversification And Higher Distributions

The XMPT ETF is a fund-of-funds of closed-end funds focusing on municipal bond investments. Municipal bonds have very high duration due to the long-term nature of their assets, hence municipal bond funds tend to be very sensitive to interest rates. Given my view that long-term interest rates may continue to rise or stay higher for longer, I advise avoiding the XMPT ETF.

XMPT: Essentially A Bet On Long-Term Interest Rates

The VanEck CEF Municipal Income ETF invests based on the S-Network Municipal Bond Closed-End Fund Index. Both the ETF and its index are reviewed in detail.  I also compare XMPT against both a set of municipal bond ETFs and CEFs. The added risk of investing in CEFs is shown when comparing XMPT against three other municipal bond "true" ETFs.

XMPT: A Municipal Bond ETF That Invests In CEFs

By Michael Cohick Director of Product Management A Q&A guide for the VanEck CEF Muni Income ETF (XMPT), a diversified, rules-based, and cost-effective ETF tracking the S-Network Municipal Bond Closed-End Fund Index.

XMPT: Question and Answer

VettaFi's Associate Director of Research, Roxanna Islam, joined the Active Investment Company Alliance's The NAVigator podcast and host Chuck Jaffe to talk ETFs, and specifically, buying closed-end funds in the ETF wrapper.

VettaFi's Islam Talks Closed-End Funds ETFs on The NAVigator Podcast

Many investors are unfamiliar with the closed-end fund structure or uncomfortable with their premium/discount volatility. There are only a few options for ETFs of CEFs, but they are all very different strategies and may appeal to different types of investors.

Earning Income Through ETFs Of CEFs

Closed-end funds are known for their high distribution rate and potential to provide current income. But many investors are unfamiliar with their structure or uncomfortable with their premium/discount volatility.

Earning Income Through ETFs of CEFs

Investors should consider the opportunities in the municipal bond market and turn to related exchange traded fund strategies to diversify back into this fixed income category.

Why Income Investors Should Revisit Municipal Bond ETFs

Municipal bonds now offer yields not seen in more than a decade (aside from a spike at the onset of the pandemic). Investors need to pay attention to these higher income levels as they consider portfolio positioning for 2023.

Munis Positioned to Shine in 2023

XMPT invests in closed-end funds that invest in municipal bonds. Munis have been getting hit hard as interest rates rise, but CEF discounts are also widening.

XMPT: Diversified Municipal Bond Fund Exposure

Municipal bonds have been getting hammered with their long maturities and higher durations. Discounts have been widening and creating further opportunities in the closed-end fund space.

XMPT: An Interesting ETF With A Portfolio Of Muni CEFs

AdvisorShares Peritus High Yield ETF

Invesco PureBeta 0-5 Yr US TIPS ETF

ProShares Inflation Expectations ETF

Sound Enhanced Fixed Income ETF

iShares 0-5 Year TIPS Bond ETF

In a terrible year for the asset class, not every fixed income ETF is down.

Best Performing Fixed Income ETFs Of The Year

Blackrock Long-Term Municipal Advantage Trust

BNY Mellon Municipal Bond Infrastructure Fund, Inc. 

Eaton Vance

BNY Mellon Strategic Municipals, Inc.  

iShares National Muni Bond ETF

BlackRock MuniYield Quality Fund III Inc

Nuveen AMT-Free Quality Municipal Income Fund

Nuveen Municipal Credit Opportunities Fund

Munis are giving us a chance to own them again at some compelling discounts relative to long-term valuations.

Muni Market Update January 2022: The Sector Corrects

Avantis Core Municipal Fixed Income ETF

Invesco BulletShares 2021 Municipal Bond ETF

Invesco BulletShares 2022 Municipal Bond ETF

Invesco BulletShares 2023 Municipal Bond ETF

Invesco BulletShares 2024 Municipal Bond ETF

Invesco BulletShares 2025 Municipal Bond ETF

Invesco BulletShares 2026 Municipal Bond ETF

Invesco BulletShares 2027 Municipal Bond ETF

Invesco BulletShares 2028 Municipal Bond ETF

Invesco BulletShares 2029 Municipal Bond ETF

iShares California Muni Bond ETF

First Trust California Municipal High Income ETF

Franklin Municipal Green Bond ETF

Franklin Dynamic Municipal Bond ETF

First Trust Managed Municipal ETF

First Trust New York Municipal High Income ETF

First Trust Short Duration Managed Municipal ETF

First Trust Ultra Short Duration Municipal ETF

Hartford Municipal Opportunities ETF

iShares iBonds Dec 2021 Term Muni Bond ETF

iShares iBonds Dec 2022 Term Muni Bond ETF

iShares iBonds Dec 2023 Term Muni Bond ETF

iShares iBonds Dec 2024 Term Muni Bond ETF

iShares iBonds Dec 2025 Term Muni Bond ETF

iShares iBonds Dec 2026 Term Muni Bond ETF

iShares iBonds Dec 2028 Term Muni Bond ETF

JPMorgan Ultra-Short Municipal Income ETF

JPMorgan Municipal ETF

First Trust Municipal CEF Income Opportunity ETF

iShares Short Maturity Municipal Bond ETF

IQ MacKay Municipal Insured ETF

IQ MacKay Municipal Intermediate ETF

PIMCO Intermediate Municipal Bond Active ETF

Columbia Multi-Sector Municipal Income ETF

iShares New York Muni Bond ETF

Overlay Shares Municipal Bond ETF

Invesco VRDO Tax-Free ETF

Invesco California AMT-Free Municipal Bond ETF

Invesco National AMT-Free Municipal Bond ETF

Invesco New York AMT-Free Municipal Bond ETF

Xtrackers Municipal Infrastructure Revenue Bond ETF

SPDR Nuveen Bloomberg Short Term Municipal Bond ETF

PIMCO Short Term Municipal Bond Active ETF

iShares Short-Term National Muni Bond ETF

American Century Diversified Municipal Bond

SPDR Nuveen Bloomberg Municipal Bond ETF

Vanguard Tax-Exempt Bond Index ETF

Truly active managers shine in challenging investment environments, especially when they are given a flexible mandate. With tax-loss harvesting, active investors can deliberately sell at a loss to offset taxes on gains elsewhere in a portfolio.

Muni Investors Stay Flexible As Rates Rise

J.P. Morgan Alerian MLP Index ETN

MFS Investment Grade Municipal Trust

First Trust Senior Floating Rate Income Fund II

John Hancock Tax-Advantaged Dividend Income Fund

John Hancock Tax-Advantaged Global Shareholder Yield Fund

Nuveen Mortgage Opportunity Term Fund

Kayne Anderson Midstream/Energy Fund Inc.

Kayne Anderson MLP Investment

Virtus AllianzGI Convertible & Income Fund II

Reaves Utility Income Fund

We review CEF market valuation and performance over the past week and highlight recent events. We discuss news and market action across a number of funds such as FCT, UTG, KYN, KMF, RTAI, and others.

CEF Weekly Market Review: Another Strong Month

On the back of surprisingly strong tax collection, state and local finances are solidifying and that's constructive for municipal bonds. The VanEck Vectors CEF Municipal Income ETF (XMPT) is higher by nearly 2% over the past month, an impressive feat in that time frame for a municipal bond exchange traded fund.

Improving Public Pension Returns Add to Case for Muni Bond ETFs

With its tax advantages and relative stability, municipal bonds should continue to outperform in the tricky fixed income environment, all to the benefit of the VanEck Vectors CEF Municipal Income ETF (XMPT). With its 0.40% expense ratio, XMPT seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of [.

Why Go for a Municipal Bond ETF?

For seven straight months, fixed income investors turned to municipal bonds over Treasuries, putting the spotlight on three VanEck ETFs investors can consider. “America's municipal bonds are staging their longest winning streak against Treasuries in seven years,” said a Bloomberg article.

Municipal Bonds Are Soaring. So Are 3 VanEck ETFs

Municipal bonds have given fixed income alternative mechanisms to generate income with ETFs that offer a monthly distribution. Funds like the VanEck Vectors CEF Municipal Income ETF (XMPT) are great exemplars.

Bonds Don't Have to Be Boring: The VanEck XMPT ETF

As dreary as the thought may be, as 2020 comes to a close, it's not too a bad idea to start thinking about taxes in 2021. For ETF investors looking to minimize income tax liability in the new year, funds like the VanEck Vectors CEF Municipal Income ETF (XMPT) are a great place to begin.

Dreaming of a Tax XMPT ETF this Spring?

News for VanEck CEF Municipal Income ETF ETF (XMPT)