VictoryShares Short-Duration Municipal ETF (VMSD US)
VMSD US$25.33
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Performance
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Share price activity
Displays share price activity. Volume = number of shares traded, Turnover = value of shares traded, VWAP = volume-weighted average price for the day, sourced from Morningstar.
- Last (Price)
- 25.33
- Change
- ▲ 0.02 (0.09)
- Bid / Ask
- 25.31 - 25.49
- Volume
- 100
- Turnover
- 2,534
- Open
- 25.34
- Day Range
- 25.33 - 25.33
- VWAP
- 25.34
- Prev Close
- 25.31
- Last Trade
- 28/10 3:29pm
Fund profile
Displays who issues the fund, how it is structured and invests, its Morningstar category and benchmark, size, headline costs and dates, sourced from Morningstar. Fund size counts every class of the fund; ETF net assets is this listing alone.
Fund size
$24.7M
OCT 2026
Distributions
Monthly
Since inception
0.1 yrs
SEP 2026
- Legal name
- Victoryshares Short-Duration Municipal ETF
- Issuer
- VictoryShares
- Type
- Exchange-Traded Fund
- Structure
- Open Ended Investment Company
- Management style
- Actively managed
- Morningstar category
- Muni National Short
- Category index
- Bloomberg Municipal 3 Yr 2-4 TR USD
- Benchmark
- N/A
- ETF net assets
- $24.7M
- Units on issue
- 975,153
- Management fee
- 0.15% p.a.
- Domicile
- United States
- Base currency
- USD
- Inception
- 22 SEP 2026
- Listed
- 23 SEP 2026
Objective and strategy
The investment seeks to provide investors with interest income that is exempt from federal income tax. Under normal circumstances, the fund invests at least 80% of its net assets (plus the amount of borrowings, if any, for investment purposes) in debt securities and other obligations issued by or on behalf of states, counties, municipalities, territories and possessions of the United States and the District of Columbia and their authorities, political subdivisions, agencies and instrumentalities, the interest on which is expected to be excludable from gross income for federal income tax purposes (“municipal securities”).
Asset allocation
Displays how the fund is split between shares, bonds, cash and other assets, sourced from Morningstar.
US equity 0.00%Non-US equity 0.00%
| Asset class | Net % | Long % | Short % |
|---|---|---|---|
| Equity | 0.00 | 0.00 | — |
| Bond | 100.00 | 100.00 | — |
| Cash | 0.00 | 0.00 | — |
| Other | 0.00 | 0.00 | — |
Portfolio statistics · 21 OCT 2026
Displays the valuation, yield, size, concentration and quality of the fund's shareholdings taken together (trailing twelve months), sourced from Morningstar.
- Assets in top 10
- 39.33%
Top holdings · top 10 = 50.42% of assets
Displays the fund's ten largest holdings and their weight in the portfolio, sourced from Morningstar.
| Holding | % Weight | First bought | Market value | Currency | Units held | Sector | Country | |
|---|---|---|---|---|---|---|---|---|
| CHICAGO ILL O HARE INTL ARPT REV 5% | 5.13 | — | 1.0M | USD | 1.0M | — | United States | |
| SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 5% | 5.12 | — | 1.0M | USD | 1.0M | — | United States | |
| CHICAGO ILL MIDWAY ARPT REV 5% | 5.11 | — | 1.0M | USD | 1.0M | — | United States | |
| ILLINOIS ST 5% | 5.08 | — | 1.0M | USD | 1.0M | — | United States | |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5% | 5.01 | — | 1.0M | USD | 1.0M | — | United States | |
| POUGHKEEP 5.% 04/23/27 | 4.99 | — | 1.0M | — | 1.0M | — | — | |
| APPLING CNTY GA DEV AUTH POLLUTN CTL REV 3.65% | 4.99 | — | 1.0M | USD | 1.0M | — | United States | |
| COLORADO HEALTH FACS AUTH REV 3.55% | 4.99 | — | 1.0M | USD | 1.0M | — | United States | |
| CONNECTICUT ST HEALTH & EDL FACS AUTH REV 3.55% | 4.99 | — | 1.0M | USD | 1.0M | — | United States | |
| DISTRICT COLUMBIA 3.52% | 4.99 | — | 1.0M | USD | 1.0M | — | United States |
Fees and costs
Displays the fund's ongoing costs as a percentage of assets per year: the PDS management fees and costs, performance fee and transaction costs that make up the total cost ratio (the RG 97 forward estimate, and what was charged last financial year), and the buy / sell spread, sourced from Morningstar.
- Management fees and costs
- 0.15% p.a.
- PDS dated
- 21 SEP 2026
Fund managers
Displays the people Morningstar lists as managers of the fund, sourced from Morningstar.
- Andrew Hattman
- Lauren Spalten
Tenure
Displays how long the managers have run the fund: the average and longest tenure, who has served longest, the latest appointment and how many other funds the team manages, sourced from Morningstar.
- Number of managers
- 2
- Average tenure
- 0.1 years
- Longest tenure
- 0.1 years
- Longest serving
- Andrew Hattman, Lauren Spalten · since 22 SEP 2026
- Most recent appointment
- Andrew Hattman, Lauren Spalten · since 22 SEP 2026
- Managed since
- 22 SEP 2026
- Other funds managed
- 15
Displays all company announcements released by the company to the exchange, sourced from Morningstar.
Announcements
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