# VictoryShares Short-Duration Municipal ETF (VMSD) — Overview

VMSD · NASDAQ · Fund

Canonical page: https://www.lighthorse.io/tickers/vmsd

## Price

Last close $24.97 on Oct 5, 2026. 52-week range $24.97 – $25.06.

## Fund profile

VMSD's investment objective is to provide investors with interest income that is exempt from federal income tax. Under normal market conditions at least 80% of the Fund's net assets will consist of tax-exempt securities, including tax-exempt securities whose income is excludable from federal alternative minimum tax (AMT).

| Metric | Value |
| --- | --- |
| Issuer | Victory Capital |
| Industry | — |
| Inception | Sep 22, 2026 |
| Assets under management | $23.2M |
| Expense ratio | 0.18% |
| Net asset value | $25.04 (as of Oct 2, 2026) |
| Distributions | Monthly |
| Leverage | 1x |

## Frequently Asked Questions

### What is VictoryShares Short-Duration Municipal ETF (VMSD)?

VMSD's investment objective is to provide investors with interest income that is exempt from federal income tax. Under normal market conditions at least 80% of the Fund's net assets will consist of tax-exempt securities, including tax-exempt securities whose income is excludable from federal alternative minimum tax (AM…

### What is VMSD's expense ratio?

VictoryShares Short-Duration Municipal ETF charges an annual expense ratio of 0.18%. The fund is issued by Victory Capital.

### How large is VMSD?

VictoryShares Short-Duration Municipal ETF manages $23.2M in assets and has traded since Sep 22, 2026.

### How do I buy shares of VictoryShares Short-Duration Municipal ETF (VMSD)?

VMSD trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web dashboard at portal.lighthorse.io, the trading API, or an AI agent connected over MCP. The trade panel on this page places the order once you are signed in.

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This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).