Van Eck Global will soon unveil an addition to its current municipal exchange-traded fund lineup, as the firm has filed with the Securities and Exchange Commission to launch the Market Vectors Short High-Yield Municipal Index ETF.

Van Eck currently sponsors six municipal bond ETFs, including the Market Vectors High-Yield Municipal Index ETF (ticker: HYD), which totals nearly $804 billion, as well as the $159 million Market Vectors Short Municipal Index ETF (ticker: SMB).

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