# EDGAR Filing Document

**Accession Number:** 0001137360
**File Stem:** 0001410368-25-009109
**Filing Date:** 2025-9
**Character Count:** 27481
**Document Hash:** 288c5c50946bc426f73294ba6bc39cb3
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-25-009109.hdr.sgml**: 20250924

**ACCESSION NUMBER**: 0001410368-25-009109

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250731

**FILED AS OF DATE**: 20250924

**DATE AS OF CHANGE**: 20250924

**PERIOD START**: 20260430

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** VanEck ETF Trust
- **CENTRAL INDEX KEY:** 0001137360

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-10325
- **FILM NUMBER:** 251336203

**BUSINESS ADDRESS:**
- **STREET 1:** 666 THIRD AVENUE, 9TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10017
- **BUSINESS PHONE:** 212-293-2000

**MAIL ADDRESS:**
- **STREET 1:** 666 THIRD AVENUE, 9TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10017

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** VanEck Vectors ETF Trust
- **DATE OF NAME CHANGE:** 20160427

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MARKET VECTORS ETF TRUST
- **DATE OF NAME CHANGE:** 20070312

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MARKET VECTORS TRUST
- **DATE OF NAME CHANGE:** 20050516

## Series and Classes Contracts Data

### VanEck CEF Muni Income ETF (Series ID: S000032925)

| Class ID   | Class Name                 | Ticker Symbol   |
|:---|:---|:---|
| C000101627 | VanEck CEF Muni Income ETF | XMPT            |

## Nport-Ex

VANECK

CEF

MUNI

INCOME

ETF

SCHEDULE

OF

INVESTMENTS

July

31,

2025

(unaudited)

#### Number

#### of

#### Shares

#### Value

#### CLOSED-END

#### FUNDS:

#### 99.7%(a)
abrdn

National

Municipal

Income

Fund

87,825

$

834,777

Alliance

Bernstein

National

Municipal

Income

Fund,

Inc.

206,031

2,089,154

BlackRock

2037

Municipal

Target

Term

Trust

26,156

627,744

BlackRock

Investment

Quality

Municipal

Trust,

Inc.

109,415

1,163,081

BlackRock

Long-Term

Municipal

Advantage

Trust

85,150

754,429

BlackRock

MuniAssets

Fund,

Inc.

242,351

2,510,756

BlackRock

Municipal

2030

Target

Term

Trust

461,151

10,219,106

BlackRock

Municipal

Income

Quality

Trust

183,334

1,910,340

BlackRock

Municipal

Income

Trust

283,748

2,715,468

BlackRock

Municipal

Income

Trust

II

339,109

3,330,050

BlackRock

MuniHoldings

Fund,

Inc.

338,971

3,769,358

BlackRock

MuniHoldings

Quality

Fund

II,

Inc.

142,186

1,336,548

BlackRock

MuniVest

Fund

II,

Inc.

148,117

1,491,538

BlackRock

MuniVest

Fund,

Inc.

377,326

2,494,125

BlackRock

MuniYield

Fund,

Inc.

294,841

2,921,874

BlackRock

MuniYield

Quality

Fund

II,

Inc.

143,481

1,354,461

BlackRock

MuniYield

Quality

Fund

III,

Inc.

425,251

4,414,105

BlackRock

MuniYield

Quality

Fund,

Inc.

457,534

5,014,573

BNY

Mellon

Municipal

Bond

Infrastructure

Fund,

Inc.

129,521

1,292,620

BNY

Mellon

Strategic

Municipal

Bond

Fund,

Inc.

348,336

1,926,298

BNY

Mellon

Strategic

Municipals,

Inc.

446,918

2,614,470

DWS

Municipal

Income

Trust

173,023

1,484,537

Eaton

Vance

Municipal

Bond

Fund

344,617

3,301,431

Eaton

Vance

Municipal

Income

2028

Term

Trust

47,267

860,023

Eaton

Vance

Municipal

Income

Trust

172,950

1,802,139

#### Number

#### of

#### Shares

#### Value
Eaton

Vance

National

Municipal

Opportunities

Trust

98,808

$

1,583,892

Invesco

Advantage

Municipal

Income

Trust

II

278,351

2,285,262

Invesco

Municipal

Income

Opportunities

Trust

239,993

1,339,161

Invesco

Municipal

Opportunity

Trust

426,835

3,875,662

Invesco

Municipal

Trust

350,068

3,161,114

Invesco

Quality

Municipal

Income

Trust

329,996

3,065,663

Invesco

Trust

for

Investment

Grade

Municipals

278,711

2,636,606

Invesco

Value

Municipal

Income

Trust

236,852

2,700,113

MFS

Municipal

Income

Trust

293,235

1,504,296

Neuberger

Berman

Municipal

Fund,

Inc.

210,888

2,066,702

Nuveen

AMT-Free

Municipal

Credit

Income

Fund

1,076,104

12,536,612

Nuveen

AMT-Free

Municipal

Value

Fund

111,827

1,525,320

Nuveen

AMT-Free

Quality

Municipal

Income

Fund

1,277,881

13,724,442

Nuveen

Dynamic

Municipal

Opportunities

Fund

295,932

2,903,093

Nuveen

Municipal

Credit

Income

Fund

973,333

11,387,996

Nuveen

Municipal

High

Income

Opportunity

Fund

422,727

4,197,679

Nuveen

Municipal

Value

Fund,

Inc.

1,028,420

8,792,991

Nuveen

Quality

Municipal

Income

Fund

1,173,725

13,087,034

Nuveen

Select

Tax-Free

Income

Portfolio

190,043

2,633,996

PIMCO

Municipal

Income

Fund

134,314

1,036,904

PIMCO

Municipal

Income

Fund

II

336,499

2,419,428

PIMCO

Municipal

Income

Fund

III

170,924

1,129,808

Pioneer

Municipal

High

Income

Advantage

Fund,

Inc.

117,587

953,631

Pioneer

Municipal

High

Income

Fund

Trust

112,015

1,005,895

VANECK

CEF

MUNI

INCOME

ETF

SCHEDULE

OF

INVESTMENTS

(unaudited)

(continued)

#### FootnoteRuleAboveBlank

#### Footnotes:

#### Number

#### of

#### Shares

#### Value
Pioneer

Municipal

High

Income

Opportunities

Fund,

Inc.

82,979

$

950,110

Putnam

Managed

Municipal

Income

Trust

283,972

1,652,717

#### Number

#### of

#### Shares

#### Value
Putnam

Municipal

Opportunities

Trust

190,400

$

1,860,208

Western

Asset

Managed

Municipals

Fund,

Inc.

346,094

3,436,713

Western

Asset

Municipal

High

Income

Fund,

Inc.

80,234

543,987

#### Total

#### Closed-End

#### Funds:

#### 99.7%
(Cost:

$202,788,890)

172,230,040

#### Other

#### assets

#### less

#### liabilities:

#### 0.3%
597,995

#### NET

#### ASSETS:

#### 100.0%
$

172,828,035

(a) Each

underlying

fund's

shareholder

reports

and

registration

documents

are

available

free

of

charge

on

the

SEC's

website

at

https://

www.sec.gov

or

on

the

fund's

webpage.

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** VanEck ETF Trust

- **b. Investment Company Act file number:** 811-10325

- **c. CIK number of Registrant:** 0001137360

- **d. LEI of Registrant:** 549300ZLFKNTXC51ZN76

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 666 THIRD AVENUE, 9TH FLOOR

  - **City:** NEW YORK

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10017

  - **Telephone number:** 212-293-2000

**Item A.2. Information about the Series.**

- **a. Name of Series:** VanEck CEF Muni Income ETF

- **b. EDGAR series identifier (if any):** S000032925

- **c. LEI of Series:** 549300PUUB20HTFO1M17

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2026-04-30

- **b. Date as of which information is reported:** 2025-07-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $172890845.12

**Total Liabilities:** $63236.59

**Net Assets:** $172827608.53

**Cash Not Reported:** $195911.96

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000101627 | -0.15%               | 0.90%                | -0.90%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $18305.80                | $-1067605.43                               |
| Month 2  | $-65494.11               | $711875.25                                 |
| Month 3  | $-896562.40              | $-1483439.56                               |

### Schedule of Portfolio Investments

| Name                                                 | Title                                                | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| BNY Mellon Strategic Municipals Inc                  | BNY Mellon Strategic Municipals Inc                  | CUSIP: 05588W108<br>LEI: 549300FH0LKMOBY7N332 | Long             | EC               | RF                | US        |    446918 | NS      | $2614470.30   | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| PIMCO Municipal Income Fund                          | PIMCO Municipal Income Fund                          | CUSIP: 72200R107<br>LEI: 1G5AFDQ1J4RKDZ2JDZ73 | Long             | EC               | RF                | US        |    134314 | NS      | $1036904.08   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock 2037 Municipal Target Term Trust           | BlackRock 2037 Municipal Target Term Trust           | CUSIP: 09262G108<br>LEI: 549300LCFHRSE0SFOF50 | Long             | EC               | RF                | US        |     26156 | NS      | $627744.00    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Pioneer Municipal High Income Opportunities Fund Inc | Pioneer Municipal High Income Opportunities Fund Inc | CUSIP: 723760104<br>LEI: 5493005BKX8X756MKL25 | Long             | EC               | RF                | US        |     82979 | NS      | $950109.55    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock MuniYield Quality Fund Inc                 | BlackRock MuniYield Quality Fund Inc                 | CUSIP: 09254F100<br>LEI: TFKEE3VA3GBE5LOK5U77 | Long             | EC               | RF                | US        |    457534 | NS      | $5014572.64   | 2.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Western Asset Managed Municipals Fund Inc            | Western Asset Managed Municipals Fund Inc            | CUSIP: 95766M105<br>LEI: 549300HVO8EY2T8K4F73 | Long             | EC               | RF                | US        |    346094 | NS      | $3436713.42   | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Pioneer Municipal High Income Advantage Fund Inc     | Pioneer Municipal High Income Advantage Fund Inc     | CUSIP: 723762100<br>LEI: UE8ZNXHQH48NNA19I459 | Long             | EC               | RF                | US        |    117587 | NS      | $953630.57    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| MFS Municipal Income Trust                           | MFS Municipal Income Trust                           | CUSIP: 552738106<br>LEI: GV4WN51HRTKYT6CV5890 | Long             | EC               | RF                | US        |    293235 | NS      | $1504295.55   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco Municipal Trust                              | Invesco Municipal Trust                              | CUSIP: 46131J103<br>LEI: GKS5Y4B1VKHV66WSPK53 | Long             | EC               | RF                | US        |    350068 | NS      | $3161114.04   | 1.83%             |  |  |  | No            |                  1 | On Loan: No      |
| DWS Municipal Income Trust                           | DWS Municipal Income Trust                           | CUSIP: 233368109<br>LEI: TEL2CK71Z3LE1OCHIB43 | Long             | EC               | RF                | US        |    173023 | NS      | $1484537.34   | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Eaton Vance Municipal Bond Fund                      | Eaton Vance Municipal Bond Fund                      | CUSIP: 27827X101<br>LEI: 5493006Q4EBOXVQBQD12 | Long             | EC               | RF                | US        |    344617 | NS      | $3301430.86   | 1.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Nuveen Municipal Credit Income Fund                  | Nuveen Municipal Credit Income Fund                  | CUSIP: 67070X101<br>LEI: 54930078DL3R0VSYW338 | Long             | EC               | RF                | US        |    973333 | NS      | $11387996.10  | 6.59%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock MuniYield Quality Fund II Inc              | BlackRock MuniYield Quality Fund II Inc              | CUSIP: 09254G108<br>LEI: PRQP520S3DVB025IWS24 | Long             | EC               | RF                | US        |    143481 | NS      | $1354460.64   | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock MuniVest Fund Inc                          | BlackRock MuniVest Fund Inc                          | CUSIP: 09253R105<br>LEI: 68LQJ5NLUNQI2T9OLL41 | Long             | EC               | RF                | US        |    377326 | NS      | $2494124.86   | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock MuniYield Quality Fund III Inc             | BlackRock MuniYield Quality Fund III Inc             | CUSIP: 09254E103<br>LEI: UB5J2GS6Q51M6A2L8886 | Long             | EC               | RF                | US        |    425251 | NS      | $4414105.38   | 2.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Putnam Managed Municipal Income Trust                | Putnam Managed Municipal Income Trust                | CUSIP: 746823103<br>LEI: 549300MCDIUT86HMWI73 | Long             | EC               | RF                | US        |    283972 | NS      | $1652717.04   | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Putnam Municipal Opportunities Trust                 | Putnam Municipal Opportunities Trust                 | CUSIP: 746922103<br>LEI: 549300M74BR4G95PSL96 | Long             | EC               | RF                | US        |    190400 | NS      | $1860208.00   | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| abrdn National Municipal Income Fund                 | abrdn National Municipal Income Fund                 | CUSIP: 24610T108<br>LEI: NIC7ULNUGCUI836YP119 | Long             | EC               | RF                | US        |     87825 | NS      | $834776.63    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock MuniHoldings Quality Fund II Inc           | BlackRock MuniHoldings Quality Fund II Inc           | CUSIP: 09254C107<br>LEI: V04K6JK5YHD4O5SHSC34 | Long             | EC               | RF                | US        |    142186 | NS      | $1336548.40   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock Investment Quality Municipal Trust Inc/The | BlackRock Investment Quality Municipal Trust Inc/The | CUSIP: 09247D105<br>LEI: HIQUII1IK2OOB2XHIJ72 | Long             | EC               | RF                | US        |    109415 | NS      | $1163081.45   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| AllianceBernstein National Municipal Income Fund Inc | AllianceBernstein National Municipal Income Fund Inc | CUSIP: 01864U106<br>LEI: MNYPOOOZYY8V01GEIT28 | Long             | EC               | RF                | US        |    206031 | NS      | $2089154.34   | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| BNY Mellon Municipal Bond Infrastructure Fund Inc    | BNY Mellon Municipal Bond Infrastructure Fund Inc    | CUSIP: 09662W109<br>LEI: 5493003OUY2BKGFZ2414 | Long             | EC               | RF                | US        |    129521 | NS      | $1292619.58   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Eaton Vance Municipal Income 2028 Term Trust         | Eaton Vance Municipal Income 2028 Term Trust         | CUSIP: 27829U105<br>LEI: 549300MBQTU3LRVTCH04 | Long             | EC               | RF                | US        |     47267 | NS      | $860023.07    | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock MuniYield Fund Inc                         | BlackRock MuniYield Fund Inc                         | CUSIP: 09253W104<br>LEI: AVXF9RZVI4EDWXACOH81 | Long             | EC               | RF                | US        |    294841 | NS      | $2921874.31   | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock Municipal 2030 Target Term Trust           | BlackRock Municipal 2030 Target Term Trust           | CUSIP: 09257P105<br>LEI: 549300TDIJ2J8F6X3N04 | Long             | EC               | RF                | US        |    461151 | NS      | $10219106.16  | 5.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Nuveen Municipal High Income Opportunity Fund        | Nuveen Municipal High Income Opportunity Fund        | CUSIP: 670682103<br>LEI: BN7VUB6JBYC7TTWZRZ58 | Long             | EC               | RF                | US        |    422727 | NS      | $4197679.11   | 2.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Eaton Vance Municipal Income Trust                   | Eaton Vance Municipal Income Trust                   | CUSIP: 27826U108<br>LEI: 549300DINBO2K1M6KL63 | Long             | EC               | RF                | US        |    172950 | NS      | $1802139.00   | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock MuniAssets Fund Inc                        | BlackRock MuniAssets Fund Inc                        | CUSIP: 09254J102<br>LEI: UJYLDIG1NIEEIV3PO802 | Long             | EC               | RF                | US        |    242351 | NS      | $2510756.36   | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Western Asset Municipal High Income Fund Inc         | Western Asset Municipal High Income Fund Inc         | CUSIP: 95766N103<br>LEI: 549300V8S0EC6SV7H926 | Long             | EC               | RF                | US        |     80234 | NS      | $543986.52    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Nuveen AMT-Free Quality Municipal Income Fund        | Nuveen AMT-Free Quality Municipal Income Fund        | CUSIP: 670657105<br>LEI: 549300OTYQOOXS64NI63 | Long             | EC               | RF                | US        |   1277881 | NS      | $13724441.94  | 7.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco Quality Municipal Income Trust               | Invesco Quality Municipal Income Trust               | CUSIP: 46133G107<br>LEI: WLEGDSEH0E242WVNUY02 | Long             | EC               | RF                | US        |    329996 | NS      | $3065662.84   | 1.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Pioneer Municipal High Income Fund Trust             | Pioneer Municipal High Income Fund Trust             | CUSIP: 723763108<br>LEI: 1SKUXW31ZFWF61CETQ82 | Long             | EC               | RF                | US        |    112015 | NS      | $1005894.70   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Eaton Vance National Municipal Opportunities Trust   | Eaton Vance National Municipal Opportunities Trust   | CUSIP: 27829L105<br>LEI: 54930084Z1GHZMB5XL81 | Long             | EC               | RF                | US        |     98808 | NS      | $1583892.24   | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Nuveen Quality Municipal Income Fund                 | Nuveen Quality Municipal Income Fund                 | CUSIP: 67066V101<br>LEI: 549300RDIO25ZNWCOA97 | Long             | EC               | RF                | US        |   1173725 | NS      | $13087033.75  | 7.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Nuveen Select Tax-Free Income Portfolio              | Nuveen Select Tax-Free Income Portfolio              | CUSIP: 67062F100<br>LEI: 5493005XMO16VD219F88 | Long             | EC               | RF                | US        |    190043 | NS      | $2633995.98   | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Nuveen Municipal Value Fund Inc                      | Nuveen Municipal Value Fund Inc                      | CUSIP: 670928100<br>LEI: 549300TFLBQ7LJSP8B20 | Long             | EC               | RF                | US        |   1028420 | NS      | $8792991.00   | 5.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco Municipal Opportunity Trust                  | Invesco Municipal Opportunity Trust                  | CUSIP: 46132C107<br>LEI: WERC5RXCUSU16MOTZ848 | Long             | EC               | RF                | US        |    426835 | NS      | $3875661.80   | 2.24%             |  |  |  | No            |                  1 | On Loan: No      |
| BNY Mellon Strategic Municipal Bond Fund Inc         | BNY Mellon Strategic Municipal Bond Fund Inc         | CUSIP: 09662E109<br>LEI: 54930044KK4C1VDJ7M52 | Long             | EC               | RF                | US        |    348336 | NS      | $1926298.08   | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock Municipal Income Quality Trust             | BlackRock Municipal Income Quality Trust             | CUSIP: 092479104<br>LEI: ZQ1Z8W71OQGQTC6ZJ410 | Long             | EC               | RF                | US        |    183334 | NS      | $1910340.28   | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Nuveen AMT-Free Municipal Credit Income Fund         | Nuveen AMT-Free Municipal Credit Income Fund         | CUSIP: 67071L106<br>LEI: 549300LBMO1C0IG71T03 | Long             | EC               | RF                | US        |   1076104 | NS      | $12536611.60  | 7.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco Trust for Investment Grade Municipals        | Invesco Trust for Investment Grade Municipals        | CUSIP: 46131M106<br>LEI: V0VF67S6NRLBDK357F71 | Long             | EC               | RF                | US        |    278711 | NS      | $2636606.06   | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| PIMCO Municipal Income Fund II                       | PIMCO Municipal Income Fund II                       | CUSIP: 72200W106<br>LEI: ZVT714KPY3QTZWRT1S41 | Long             | EC               | RF                | US        |    336499 | NS      | $2419427.81   | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| PIMCO Municipal Income Fund III                      | PIMCO Municipal Income Fund III                      | CUSIP: 72201A103<br>LEI: SJUC6WH3GDYFFYIHMV67 | Long             | EC               | RF                | US        |    170924 | NS      | $1129807.64   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco Advantage Municipal Income Trust II          | Invesco Advantage Municipal Income Trust II          | CUSIP: 46132E103<br>LEI: DA89O2CSN0WUDR74HM71 | Long             | EC               | RF                | US        |    278351 | NS      | $2285261.71   | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco Value Municipal Income Trust                 | Invesco Value Municipal Income Trust                 | CUSIP: 46132P108<br>LEI: X075VJ33QQP2G2NTOV20 | Long             | EC               | RF                | US        |    236852 | NS      | $2700112.80   | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock MuniVest Fund II Inc                       | BlackRock MuniVest Fund II Inc                       | CUSIP: 09253T101<br>LEI: TC1SINW7C50S8NN8GU32 | Long             | EC               | RF                | US        |    148117 | NS      | $1491538.19   | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Nuveen Dynamic Municipal Opportunities Fund          | Nuveen Dynamic Municipal Opportunities Fund          | CUSIP: 67079X102<br>LEI: 549300U0TWS55O2SJ275 | Long             | EC               | RF                | US        |    295932 | NS      | $2903092.92   | 1.68%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock Municipal Income Trust                     | BlackRock Municipal Income Trust                     | CUSIP: 09248F109<br>LEI: R3ITLLW1CUEQICP4XR90 | Long             | EC               | RF                | US        |    283748 | NS      | $2715468.36   | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock MuniHoldings Fund Inc                      | BlackRock MuniHoldings Fund Inc                      | CUSIP: 09253N104<br>LEI: MZBVMGS24JR92TGE6Z32 | Long             | EC               | RF                | US        |    338971 | NS      | $3769357.52   | 2.18%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock Long-Term Municipal Advantage Trust        | BlackRock Long-Term Municipal Advantage Trust        | CUSIP: 09250B103<br>LEI: G3XW7SJTEWPATVFP0M68 | Long             | EC               | RF                | US        |     85150 | NS      | $754429.00    | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Neuberger Berman Municipal Fund Inc                  | Neuberger Berman Municipal Fund Inc                  | CUSIP: 64124P101<br>LEI: 549300IIZWX8QVUHXO20 | Long             | EC               | RF                | US        |    210888 | NS      | $2066702.40   | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco Municipal Income Opportunities Trust         | Invesco Municipal Income Opportunities Trust         | CUSIP: 46132X101<br>LEI: DJSR2NJ3985722G80Y20 | Long             | EC               | RF                | US        |    239993 | NS      | $1339160.94   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Nuveen AMT-Free Municipal Value Fund                 | Nuveen AMT-Free Municipal Value Fund                 | CUSIP: 670695105<br>LEI: 5493002K5IM2S29FUR04 | Long             | EC               | RF                | US        |    111827 | NS      | $1525320.28   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock Municipal Income Trust II                  | BlackRock Municipal Income Trust II                  | CUSIP: 09249N101<br>LEI: 17UVWS2OK706BUPLKK60 | Long             | EC               | RF                | US        |    339109 | NS      | $3330050.38   | 1.93%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-28

**Name of Applicant:** VanEck ETF Trust

**Signature:** James Parker

**Name of Signer:** James Parker

**Title:** Assistant Treasurer