Expense Ratio History

XMPT expense ratio history

VanEck CEF Muni Income ETF

Fund company
VanEck
Type
ETF

1.97%

In basis points
197 basis points
Yearly cost per $10,000
$197
Prospectus dated
1 September 2025, filed with the SEC; rounded to 0.01%
Last change
Cut from 1.98% on 1 September 2025

Fee over time

XMPT expense ratio: 1.57% until 1 Sep 2012, then 3.63%; 3.63% until 1 Sep 2013, then 2.28%; 2.28% until 1 Sep 2014, then 2.04%; 2.04% until 1 Sep 2015, then 1.60%; 1.60% until 1 Sep 2016, then 1.70%; 1.70% until 1 Sep 2018, then 1.66%; 1.66% until 1 Sep 2019, then 1.86%; 1.86% until 1 Sep 2020, then 2.02%; 2.02% until 1 Sep 2021, then 2.32%; 2.32% until 1 Sep 2022, then 1.81%; 1.81% until 1 Sep 2023, then 1.82%; 1.82% until 1 Sep 2024, then 1.98%; 1.98% until 1 Sep 2025, then 1.97%; read at 1.97% on 1 Sep 2025.0.00%2.00%4.00%6.00%Jul 2011Dec 2013May 2016Oct 2018Mar 2021Aug 20231.57% before1.97% from 1 Sep 2025
XMPT expense ratio: 1.57% until 1 Sep 2012, then 3.63%; 3.63% until 1 Sep 2013, then 2.28%; 2.28% until 1 Sep 2014, then 2.04%; 2.04% until 1 Sep 2015, then 1.60%; 1.60% until 1 Sep 2016, then 1.70%; 1.70% until 1 Sep 2018, then 1.66%; 1.66% until 1 Sep 2019, then 1.86%; 1.86% until 1 Sep 2020, then 2.02%; 2.02% until 1 Sep 2021, then 2.32%; 2.32% until 1 Sep 2022, then 1.81%; 1.81% until 1 Sep 2023, then 1.82%; 1.82% until 1 Sep 2024, then 1.98%; 1.98% until 1 Sep 2025, then 1.97%; read at 1.97% on 1 Sep 2025.0.00%2.00%4.00%6.00%Jul 2011May 2016Mar 20211.57% before1.97% from 1 Sep 2025
Solid line: the fee in effect after each recorded change. Dashed: the fee before it. Dots: prospectuses filed with the SEC and dates we read the fee from a source.

Every figure we've recorded

DateFeeWhat happened
1 Sep 2025 1.97% In the prospectusTotal annual fund operating expenses in the prospectus dated 2025-09-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Sep 2025 1.97% Cut from 1.98% to 1.97%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2025-08-27
1 Sep 2024 1.98% In the prospectusTotal annual fund operating expenses in the prospectus dated 2024-09-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Sep 2024 1.98% Raised from 1.82% to 1.98%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2024-08-27
1 Sep 2023 1.82% In the prospectusTotal annual fund operating expenses in the prospectus dated 2023-09-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Sep 2023 1.82% Raised from 1.81% to 1.82%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2023-08-24
1 Sep 2022 1.81% In the prospectusTotal annual fund operating expenses in the prospectus dated 2022-09-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Sep 2022 1.81% Cut from 2.32% to 1.81%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2022-08-25
1 Sep 2021 2.32% In the prospectusTotal annual fund operating expenses in the prospectus dated 2021-09-01 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
1 Sep 2021 2.32% Raised from 2.02% to 2.32%Prospectus date; the new figure appears in this filingSource: Prospectus (form 497) filed with the SEC on 2021-09-01
1 Sep 2020 2.02% In the prospectusTotal annual fund operating expenses in the prospectus dated 2020-09-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Sep 2020 2.02% Raised from 1.86% to 2.02%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2020-09-10
1 Sep 2019 1.86% In the prospectusTotal annual fund operating expenses in the prospectus dated 2019-09-01 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
1 Sep 2019 1.86% Raised from 1.66% to 1.86%Prospectus date; the new figure appears in this filingSource: Prospectus (form 497) filed with the SEC on 2019-11-21
1 Sep 2018 1.66% In the prospectusTotal annual fund operating expenses in the prospectus dated 2018-09-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Sep 2018 1.66% Cut from 1.70% to 1.66%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2018-09-18
1 Sep 2017 1.70% In the prospectusTotal annual fund operating expenses in the prospectus dated 2017-09-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Sep 2016 1.70% In the prospectusTotal annual fund operating expenses in the prospectus dated 2016-09-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Sep 2016 1.70% Raised from 1.60% to 1.70%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2016-09-14
1 Sep 2015 1.60% In the prospectusTotal annual fund operating expenses in the prospectus dated 2015-09-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Sep 2015 1.60% Cut from 2.04% to 1.60%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2015-09-22
1 Sep 2014 2.04% In the prospectusTotal annual fund operating expenses in the prospectus dated 2014-09-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Sep 2014 2.04% Cut from 2.28% to 2.04%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2014-09-17
1 Sep 2013 2.28% In the prospectusTotal annual fund operating expenses in the prospectus dated 2013-09-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Sep 2013 2.28% Cut from 3.63% to 2.28%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2013-09-12
1 Sep 2012 3.63% In the prospectusTotal annual fund operating expenses in the prospectus dated 2012-09-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Sep 2012 3.63% Raised from 1.57% to 3.63%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2012-09-14
12 Jul 2011 1.57% In the prospectusTotal annual fund operating expenses in the prospectus dated 2011-07-12 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS

What this fee costs

Change the amount, years or return. The estimate keeps the fee at 1.97% and the return steady each year, the same assumptions as the cost example in a fund's prospectus.

$2,313 in fees over 10 years

After fees, $10,000 grows to $13,414.

Fees paid on $10,000 at 5% a year
AfterFees paid
1 year$202
3 years$624
5 years$1,072
10 years$2,313

How we read this figure

The figure is the total annual fund operating expenses line of the fee table in the fund's prospectus, as tagged in the fund company's filing with the SEC. The SEC publishes these figures rounded to four decimal places, so 0.015% appears as 0.02%. The fund company's own page may show a more precise number.

SEC filings give 15 prospectuses for this share class since 2011. Each one is listed above with a link to the filing.

How we read fees

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