Short Term Municipal Bond Active Exchange-Traded Fund SMMU
Source: Yahoo Finance (opens in a new tab) Observed · 1 day ago Quotes may be delayed
- Expense ratio
- 0.35%
- Net assets
- $1.1B
- Holdings
- 353
- 12-month distribution yield
- 2.89%
- Asset class
- Fixed income
Short Term Municipal Bond Active Exchange-Traded Fund (SMMU) is an exchange-traded fund listed on NYSE Arca in the United States. Its category is Fixed income · US (fixed income). Its last price was US$49.86 on 20 Oct 2026. Its expense ratio is 0.35% a year, from its prospectus dated 31 Oct 2025. It reported net assets of US$1.14 billion as of 30 Jun 2026. Its latest holdings report lists 353 holdings as of 30 Jun 2026. Over the last 12 months it paid distributions of US$1.44 a unit, a 12-month distribution yield of 2.89%, paid monthly.
Fees
- Total annual operating expenses (gross)
- 0.35%
- Net, after fee waivers or reimbursements
- No waiver stated
- Management fee
- 0.35%
- Prospectus date
- 31 Oct 2025
- Filed with the SEC
- 24 Oct 2025
Size and reporting
- Net assets
- $1,144,989,594
- Total assets
- $1,156,225,658
- Holdings as of
- 30 Jun 2026
- Report made public
- 31 Aug 2026 (62 days after the month end)
Top holdings
Largest 25 of 353 positions, as of 30 Jun 2026. Weight is the percent of net assets the fund reported.
| # | Holding | Identifier | Weight | Value (USD) | Type | Country | Currency |
|---|---|---|---|---|---|---|---|
| 1 | United States Treasury U.S. Treasury Notes | US91282CQB09 | 2.24% | $25.7M | Debt | United States | USD |
| 2 | United States Treasury U.S. Treasury Notes | US91282CQD64 | 1.81% | $20.7M | Debt | United States | USD |
| 3 | Connecticut State Health & Educational Facilities Authority | US20775DL830 | 1.75% | $20.0M | Debt | United States | USD |
| 4 | New York City Municipal Water Finance Authority | US64972GCM42 | 1.34% | $15.4M | Debt | United States | USD |
| 5 | Fort Bend Independent School District | US346843WS00 | 1.25% | $14.3M | Debt | United States | USD |
| 6 | Tarrant County Cultural Education Facilities Finance Corp | US87638QVD86 | 1.22% | $14.0M | Debt | United States | USD |
| 7 | United States Treasury U.S. Treasury Notes | US91282CKN01 | 1.19% | $13.6M | Debt | United States | USD |
| 8 | Miami-Dade County Housing Finance Authority | US593344CB87 | 1.10% | $12.6M | Debt | United States | USD |
| 9 | Connecticut State Health & Educational Facilities Authority | US20775DZL99 | 1.09% | $12.5M | Debt | United States | USD |
| 10 | Connecticut State Health & Educational Facilities Authority | US20775DTS17 | 1.04% | $11.9M | Debt | United States | USD |
| 11 | Oklahoma City Public Property Authority | US678604AC33 | 0.96% | $11.0M | Debt | United States | USD |
| 12 | Massachusetts Development Finance Agency | US57585BRA88 | 0.96% | $11.0M | Debt | United States | USD |
| 13 | FED HOME LN DISCOUNT NT Federal Home Loan Bank Discount Notes | US313385B887 | 0.89% | $10.2M | Debt | United States | USD |
| 14 | Harris County Cultural Education Facilities Finance Corp | US414009RB85 | 0.88% | $10.1M | Debt | United States | USD |
| 15 | Development Authority of Burke County/The | US121342PQ61 | 0.87% | $10.0M | Debt | United States | USD |
| 16 | City of New York NY | US64966MU982 | 0.87% | $10.0M | Debt | United States | USD |
| 17 | FED HOME LN DISCOUNT NT Federal Home Loan Bank Discount Notes | US313385E519 | 0.87% | $9.9M | Debt | United States | USD |
| 18 | United States Treasury U.S. Treasury Notes | US91282CKC46 | 0.87% | $9.9M | Debt | United States | USD |
| 19 | FED HOME LN DISCOUNT NT Federal Home Loan Bank Discount Notes | US313385E519 | 0.82% | $9.3M | Debt | United States | USD |
| 20 | Texas Municipal Gas Acquisition & Supply Corp V | US88256RAV87 | 0.81% | $9.3M | Debt | United States | USD |
| 21 | United States Treasury U.S. Treasury Bills | US912797VC87 | 0.80% | $9.1M | Short-term investment vehicles (cash funds) | United States | USD |
| 22 | Missouri Housing Development Commission | US60637GKP36 | 0.79% | $9.1M | Debt | United States | USD |
| 23 | Black Belt Energy Gas District | US09182TBC09 | 0.77% | $8.8M | Debt | United States | USD |
| 24 | Illinois Finance Authority | US45204F3C73 | 0.76% | $8.7M | Debt | United States | USD |
| 25 | New York City Municipal Water Finance Authority | US64972GT950 | 0.75% | $8.6M | Debt | United States | USD |
Breakdowns
Sums of reported weights over every position in the report. Totals can differ from 100% because of derivatives, borrowing and cash.
Asset type
| Type | Weight | Bar |
|---|---|---|
| Debt | 98.87% | |
| Short-term investment vehicles (cash funds) | 1.23% |
Country
| Country | Weight | Bar |
|---|---|---|
| United States | 100.10% |
Currency exposure
| Currency | Weight | Bar |
|---|---|---|
| US dollar (USD) | 100.10% |
Sector
No sector data
Source: SEC Form N-PORT (opens in a new tab) Holdings as of
Distributions
- Paid in the last 12 months
- $1.4400
- 12-month yield
- 2.89%
- Frequency
- Monthly
- Latest ex-date
- 1 Oct 2026
12-month yield = distributions per unit with an ex-date in the last 12 months ($1.4400) ÷ latest price ($49.86) × 100 = 2.89%. It looks back, so it is not a forecast; special distributions in the window are included.
Why a distribution yield is not the fund's return: yield vs total return
Distribution history table (60 payments)
| Ex-date | Amount per unit |
|---|---|
| 1 Oct 2026 | $0.1200 |
| 1 Sep 2026 | $0.1100 |
| 3 Aug 2026 | $0.1200 |
| 1 Jul 2026 | $0.1300 |
| 1 Jun 2026 | $0.1300 |
| 1 May 2026 | $0.1200 |
| 1 Apr 2026 | $0.1100 |
| 2 Mar 2026 | $0.1200 |
| 2 Feb 2026 | $0.1100 |
| 31 Dec 2025 | $0.1200 |
| 1 Dec 2025 | $0.1100 |
| 3 Nov 2025 | $0.1400 |
| 1 Oct 2025 | $0.1200 |
| 2 Sep 2025 | $0.1200 |
| 1 Aug 2025 | $0.1200 |
| 1 Jul 2025 | $0.1100 |
| 2 Jun 2025 | $0.1200 |
| 1 May 2025 | $0.1100 |
| 1 Apr 2025 | $0.1100 |
| 3 Mar 2025 | $0.1200 |
| 3 Feb 2025 | $0.1100 |
| 31 Dec 2024 | $0.1200 |
| 2 Dec 2024 | $0.1300 |
| 1 Nov 2024 | $0.1400 |
| 1 Oct 2024 | $0.1200 |
| 3 Sep 2024 | $0.1300 |
| 1 Aug 2024 | $0.1200 |
| 1 Jul 2024 | $0.1200 |
| 3 Jun 2024 | $0.1300 |
| 1 May 2024 | $0.1300 |
| 1 Apr 2024 | $0.1280 |
| 1 Mar 2024 | $0.1240 |
| 1 Feb 2024 | $0.1180 |
| 28 Dec 2023 | $0.1300 |
| 1 Dec 2023 | $0.1200 |
| 1 Nov 2023 | $0.1250 |
| 2 Oct 2023 | $0.1310 |
| 1 Sep 2023 | $0.1300 |
| 1 Aug 2023 | $0.1150 |
| 3 Jul 2023 | $0.1260 |
| 1 Jun 2023 | $0.1100 |
| 1 May 2023 | $0.1000 |
| 3 Apr 2023 | $0.1150 |
| 1 Mar 2023 | $0.1050 |
| 1 Feb 2023 | $0.0900 |
| 29 Dec 2022 | $0.1100 |
| 1 Dec 2022 | $0.0900 |
| 1 Nov 2022 | $0.0800 |
| 3 Oct 2022 | $0.0750 |
| 1 Sep 2022 | $0.0650 |
| 1 Aug 2022 | $0.0550 |
| 1 Jul 2022 | $0.0500 |
| 1 Jun 2022 | $0.0380 |
| 2 May 2022 | $0.0370 |
| 1 Apr 2022 | $0.0300 |
| 1 Mar 2022 | $0.0300 |
| 1 Feb 2022 | $0.0170 |
| 30 Dec 2021 | $0.0190 |
| 1 Dec 2021 | $0.0220 |
| 1 Nov 2021 | $0.0190 |
Filings and sources
- Form N-PORT report for June 2026 (opens in a new tab)
- Prospectus filing with the fee table (opens in a new tab)
- All SEC filings for this fund series (S000026754) (opens in a new tab)
- Nasdaq Trader symbol directory (opens in a new tab)
- Yahoo Finance quote and distributions (opens in a new tab)
- How the ETF figures are collected
Compare with
Largest funds in the same category:
- SMMU and BND Vanguard Total Bond Market ETF
- SMMU and AGG iShares Core U.S. Aggregate Bond ETF
- SMMU and VTIP Vanguard Short-Term Inflation-Protected Securities Index Fund ETF Shares
- SMMU and BSV Vanguard Short-Term Bond ETF