SMB Distribution History & Yield

VanEck Short Muni ETF · Cboe US

ETF Muni National Short Monthly payer
$17.13
+0.00% today
as of Sep 9, 2026
TTM yield
2.83%
$0.485/share over the last 12 months
Forward yield
2.83%
$0.485/share indicated annual rate
Annual distribution
$0.485
per share, forward
Per payment
$0.0404
per share, every month
Frequency
Monthly
12 payments a year
Next ex-distribution date
Oct 1, 2026 Estimated
in 22 days
Next pay date
Oct 15, 2026
in 36 days
Last ex-distribution date
Sep 1, 2026
$0.041 per share
Expense ratio
0.07%
AUM 318.0M
Consistency
91/100
very stable payouts
5y distribution CAGR
+16.8%
annualised, regular payments
Growth streak
3 yrs
consecutive annual raises
Years paying
18.4
since Apr 1, 2008
1y total return
+1.4%
price -1.4% + distributions 2.8%

Upcoming distribution payments

Ex-datePay datePer sharePer 100 sharesStatus
Thu, Oct 1, 2026 (in 22 days) Oct 15, 2026 $0.0404 $4.04 Estimated
Sat, Oct 31, 2026 (in 52 days) Nov 14, 2026 $0.0404 $4.04 Estimated
Mon, Nov 30, 2026 (in 82 days) Dec 14, 2026 $0.0404 $4.04 Estimated
Wed, Dec 30, 2026 (in 112 days) Jan 13, 2027 $0.0404 $4.04 Estimated
Fri, Jan 29, 2027 (in 142 days) Feb 12, 2027 $0.0404 $4.04 Estimated
Sun, Feb 28, 2027 (in 172 days) Mar 14, 2027 $0.0404 $4.04 Estimated
Tue, Mar 30, 2027 (in 202 days) Apr 13, 2027 $0.0404 $4.04 Estimated
Thu, Apr 29, 2027 (in 232 days) May 13, 2027 $0.0404 $4.04 Estimated
Sat, May 29, 2027 (in 262 days) Jun 12, 2027 $0.0404 $4.04 Estimated
Mon, Jun 28, 2027 (in 292 days) Jul 12, 2027 $0.0404 $4.04 Estimated
Wed, Jul 28, 2027 (in 322 days) Aug 11, 2027 $0.0404 $4.04 Estimated
Fri, Aug 27, 2027 (in 352 days) Sep 10, 2027 $0.0404 $4.04 Estimated

Estimated dates and amounts are projected from SMB's recent payment pattern and will be replaced by declared figures when the fund announces them. Total over the next 12 months: about $0.485 per share.

Distribution payment history

Last 40 payments per share. RegularSpecial

Last 40 payments per share from Jun 1, 2023 to Sep 1, 2026; most recent $0.041$0.00$0.025$0.05Jun 1, 2023: $0.025Jun '23Jul 3, 2023: $0.024Aug 1, 2023: $0.031Sep 1, 2023: $0.025Oct 2, 2023: $0.027Nov 1, 2023: $0.03Nov '23Dec 1, 2023: $0.027Dec 27, 2023: $0.031Feb 1, 2024: $0.032Mar 1, 2024: $0.029Apr 1, 2024: $0.044Apr '24May 1, 2024: $0.03Jun 3, 2024: $0.025Jul 1, 2024: $0.033Aug 1, 2024: $0.037Sep 3, 2024: $0.035Sep '24Oct 1, 2024: $0.034Nov 1, 2024: $0.037Dec 2, 2024: $0.034Dec 27, 2024: $0.037Feb 3, 2025: $0.037Feb '25Mar 3, 2025: $0.033Apr 1, 2025: $0.043May 1, 2025: $0.036Jun 2, 2025: $0.038Jul 1, 2025: $0.037Jul '25Aug 1, 2025: $0.04Sep 2, 2025: $0.039Oct 1, 2025: $0.037Nov 3, 2025: $0.041Nov 28, 2025: $0.037Nov '25Dec 29, 2025: $0.041Feb 2, 2026: $0.04Mar 2, 2026: $0.036Apr 1, 2026: $0.046May 1, 2026: $0.039May '26Jun 1, 2026: $0.036Jul 1, 2026: $0.047Aug 3, 2026: $0.044Sep 1, 2026: $0.041

Annual distributions per share

Annual dividend per share by calendar year, 2017 to 2026 (year to date)$0.00$0.25$0.502017: $0.213$0.21320172018: $0.257$0.25720182019: $0.282$0.28220192020: $0.273$0.27320202021: $0.223$0.22320212022: $0.223$0.22320222023: $0.314$0.31420232024: $0.407$0.40720242025: $0.459$0.45920252026 (YTD): $0.329$0.3292026 YTD

How much SMB do you need for monthly income?

Target incomeShares neededCapital at today's pricePer year
$100 / month2,475$42,384$1,200
$500 / month12,372$211,918$6,000
$1,000 / month24,743$423,835$12,000

Based on the forward yield of 2.83%. $10,000 in SMB would currently pay about $283 a year ($24 a month on average). Model reinvestment and growth →

SMB distribution history

Ex-datePay dateAmountChange
Sep 1, 2026 $0.041 -6.8%
Aug 3, 2026 $0.044 -6.4%
Jul 1, 2026 $0.047 +30.6%
Jun 1, 2026 $0.036 -7.7%
May 1, 2026 $0.039 -15.2%
Apr 1, 2026 $0.046 +27.8%
Mar 2, 2026 $0.036 -10.0%
Feb 2, 2026 $0.04 -2.4%
Dec 29, 2025 $0.041 +10.8%
Nov 28, 2025 $0.037 -9.8%
Nov 3, 2025 $0.041 +10.8%
Oct 1, 2025 $0.037 -5.1%
Sep 2, 2025 $0.039 -2.5%
Aug 1, 2025 $0.04 +8.1%
Jul 1, 2025 $0.037 -2.6%
Jun 2, 2025 $0.038 +5.6%
May 1, 2025 $0.036 -16.3%
Apr 1, 2025 $0.043 +30.3%
Mar 3, 2025 $0.033 -10.8%
Feb 3, 2025 $0.037 +0.0%
Dec 27, 2024 $0.037 +8.8%
Dec 2, 2024 $0.034 -8.1%
Nov 1, 2024 $0.037 +8.8%
Oct 1, 2024 $0.034 -2.9%

Payout risk check

Distribution stabilityLow risk

SMB's last 12 distributions were very stable (consistency score 91/100).

Its share price moved -1.4% over the past year.

This is a rule-based screen computed from public data, not a rating or a recommendation. Read our guide to yield traps for what the signals mean.

About VanEck Short Muni ETF

The fund normally invests at least 80% of its total assets in fixed income securities that comprise the index. The index is comprised of publicly traded municipal bonds that cover the U.S. dollar denominated short-term tax-exempt bond market.

Fund family: VanEck. Category: Muni National Short. First distribution on our records: Apr 1, 2008. 222 payments tracked. Data last refreshed Sep 9, 2026. Spotted a mistake? Report it and we'll fix it.

SMB distribution FAQ

When is SMB's next ex-distribution date?

SMB's next ex-distribution date is Oct 1, 2026 (in 22 days, estimated from its monthly schedule). You must own the shares before that date to receive the payment of about $0.0404 per share, expected on Oct 15, 2026.

How often does SMB pay distributions?

SMB pays distributions every month, 12 times a year. The most recent payment was $0.041 per share with an ex-date of Sep 1, 2026.

What is SMB's distribution yield?

SMB's trailing 12-month distribution yield is 2.83%, based on $0.485 per share paid over the last year and a share price of $17.13. The forward yield, using the indicated annual rate of $0.485 per share, is 2.83%.

How much does SMB pay per share?

SMB pays about $0.0404 per share each month, which works out to roughly $0.485 per share a year. 100 shares would collect about $48.50 a year.

Has SMB grown or cut its distribution?

SMB has raised its annual distribution for 3 consecutive years. Over the last 5 years the regular payout has grown at 16.8% a year (+9.0% over the last year). There has been no cut to a regular payment in the last 5 years.

How many shares of SMB do I need to earn $100 a month?

At the current forward yield of 2.83%, you would need about 2,475 shares of SMB (roughly $42,384 invested at today's price) to collect $1,200 a year, or $100 a month on average, before taxes. Payments arrive every month, so the monthly figure is an average.

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