Sign-up to Receive
Our Latest Insights

TCBT
VanEck Vectors iBoxx EUR Corporates UCITS ETF

Fund Description

The VanEck Vectors iBoxx EUR Corporates UCITS ETF comprises 40 euro-denominated corporate bonds with at least an investment-grade rating.

  • Diversified exposure to euro-denominated corporate bonds with an investment-grade rating
  • Direct access to corporate bonds from a variety of sectors (industrials, utilities and financial companies, etc.)



Underlying Index

Markit iBoxx EUR Liquid Corporates Index

Fund Details
 

  • Fund Ticker

    TCBT
  • Management Company

    VanEck Asset Management B.V.
  • Custodian

    State Street Bank International GmbH, Amsterdam branch
  • Domicile

    The Netherlands
  • Index Ticker

    IB8A
  • Index Provider

    IHS Markit
  • Rebalance Frequency

    Quarterly
1The "Net Asset Value" (NAV) of all ETFs is determined at the close of each business day, and represents the value of one share of the fund; it is calculated by taking the total assets of the fund, subtracting total liabilities, and dividing by the total number of shares outstanding. The NAV is not necessarily the same as the ETF 's intraday trading value. Investors should not expect to buy or sell ETF shares at NAV.

2The date the fund was launched prior to quotation on the stock exchange.

 
as of 17 Jun 2021

  • NAV1

    18.66
  • Shares Outstanding

    2,388,390
  • Number of Holdings

    40
  • Base Currency

    EUR
  • Net Assets

    €44.6M
  • Product Structure

    Physical (Full Replication)
  • Distribution Frequency

    Quarterly
  • Income Treatment

    Distributing
  • Total Expense Ratio

    0.15%
  • Fact Sheet
  • ETF Product List
  • Fund Holiday Calendar

Fundamentals3
as of 17 Jun 2021

  • Yield to Worst

    0.12%
  • Yield to Maturity

    0.16%
  • Effective Duration (yrs)

    5.00
  • Years to Maturity

    5.33
  • Modified Duration (yrs)

    5.09
  • Coupon

    1.03%
3These figures represent averages. Yield to Worst measures the lowest of either yield-to-maturity or yield-to-call date on every possible call date. Yield to Maturity is the annualized return on a bond held to maturity. Effective Duration measures a bond's sensitivity to interest rate changes that reflects the change in a bond's price given a change in yield. This duration measure is appropriate for bonds with embedded options. Modified Duration measures a bond's sensitivity to interest rate changes that reflects the change in a bond's price given a change in yield. Duration to Worst measures the duration of a bond computed using the bond's nearest call date or maturity, whichever comes first. This measure ignores future cash flow fluctuations due to embedded optionality. Spread Duration measures a bond's price sensitivity to a 100 basis point change to its option-adjusted spread. As the rate of the Treasury security in the option-adjusted spread increases, the rate of the option-adjusted spread also increases. Years to Maturity is the period of time for which a financial instrument remains outstanding. Maturity refers to a finite time period at the end of which the financial instrument will cease to exist and the principal is repaid. Coupon is measured by weighting the coupon of each bond by its relative size in the portfolio. Coupons are fixed percentages paid on a fixed-income security on an annual basis. Averages are market weighted. The Coupon and Yield to Worst do not represent the performance of the Fund. These statistics do not take into account fees and expenses associated with investments of the Fund.

Trading Information as of 17 Jun 2021

Euronext
Amsterdam
EUR
Exchange Ticker TCBT
ISIN NL0009690247
SEDOL B3Y8F16
Bloomberg TCBT NA
Reuters (RIC) TCBT.AS
Telekurs 12741363
Bloomberg iNAV ITCBT
Reuters iNAV ITCBTINAV.PA
WKN A1T84M
Trading Currency EUR
Last Traded Price 18.63
Day's Move -0.03
Volume 18,537
30 Day Volume 13,942
VWAP Volume 18,537
Euronext
Brussels
EUR
Exchange Ticker TCBT
ISIN NL0009690247
SEDOL BYYYRX7
Bloomberg TCBT BB
Reuters (RIC) --
Telekurs 12741363
Bloomberg iNAV ITCBT
Reuters iNAV ITCBTINAV.PA
WKN A1T84M
Trading Currency EUR
Last Traded Price 18.63
Day's Move -0.03
Volume 18,537
30 Day Volume 13,942
VWAP Volume 18,537
London
Stock Exchange
USD
Exchange Ticker TCBT
ISIN NL0009690247
SEDOL BZ5ZJ41
Bloomberg TCBT LN
Reuters (RIC) TCBT.L
Telekurs 12741363
Bloomberg iNAV ITCBT
Reuters iNAV ITCBTINAV.PA
WKN A1T84M
Trading Currency USD
Last Traded Price 22.19
Day's Move -0.41
Volume 0
30 Day Volume 16
VWAP Volume 0
London
Stock Exchange
GBP
Exchange Ticker TCGB
ISIN NL0009690247
SEDOL BGPK158
Bloomberg TCGB LN
Reuters (RIC) TCGB.L
Telekurs 12741363
Bloomberg iNAV ITCBT
Reuters iNAV ITCBTINAV.PA
WKN A1T84M
Trading Currency GBP
Last Traded Price 15.94
Day's Move -0.08
Volume 0
30 Day Volume --
VWAP Volume 0
Deutsche
Börse
EUR
Exchange Ticker TCBT
ISIN NL0009690247
SEDOL --
Bloomberg TCBT GY
Reuters (RIC) TCBT.DE
Telekurs 12741363
Bloomberg iNAV ITCBT
Reuters iNAV ITCBTINAV.PA
WKN A1T84M
Trading Currency EUR
Last Traded Price 18.63
Day's Move -0.03
Volume 0
30 Day Volume 733
VWAP Volume 14,022
SIX
Swiss Exchange
CHF
Exchange Ticker TCBT
ISIN NL0009690247
SEDOL BJLT257
Bloomberg TCBT SE
Reuters (RIC) TCBT.S
Telekurs 12741363
Bloomberg iNAV ITCBT
Reuters iNAV ITCBTINAV.PA
WKN A1T84M
Trading Currency CHF
Last Traded Price 20.36
Day's Move 0.00
Volume 0
30 Day Volume --
VWAP Volume 0
Borsa
Italiana
EUR
Exchange Ticker TCBT
ISIN NL0009690247
SEDOL B3Y8F16
Bloomberg TCBT IM
Reuters (RIC) TCBT.MI
Telekurs 12741363
Bloomberg iNAV ITCBT
Reuters iNAV ITCBTINAV.PA
WKN A1T84M
Trading Currency EUR
Last Traded Price 18.62
Day's Move -0.04
Volume 130
30 Day Volume 23
VWAP Volume 130

NAVs as of 17 Jun 2021

Base
Currency
NAV Daily
Change
NAV
YTD
Change
NAV
NAV Price
History
Total
Expense
Ratio
TCBT EUR €18.66 €-0.02 / -0.09% -0.86%
0.15

Performance History: Average Annual Total Returns* (%)

Month End as of 31 May 2021 1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR ETF INCEPTION
ETF (NAV) -0.13 -0.11 -1.14 3.29 2.56 1.87 3.11 3.19
IB8A (Index) -0.12 -0.07 -1.04 3.52 2.69 2.03 3.32 3.44
Performance Differential (NAV - Index) -0.01 -0.04 -0.10 -0.23 -0.13 -0.16 -0.21 -0.25
Quarter End as of 31 Mar 2021 1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR ETF INCEPTION
ETF (NAV) 0.06 -0.97 -0.97 8.37 2.55 1.95 -- 3.26
IB8A (Index) 0.08 -0.89 -0.89 8.67 2.67 2.12 -- 3.51
Performance Differential (NAV - Index) -0.02 -0.08 -0.08 -0.30 -0.12 -0.17 -- -0.25

Market Makers

Parties that are quoting in the Dutch-domiciled ETF’s managed by VanEck Asset Management B.V. are amongst the list of Market Makers mentioned above. This list however does not in all cases fully apply to the relevant ETF and/or relevant stock exchange. For up to date information, please contact us directly.

Top 10 Holdings (%) as of 31 May 2021 View All Holdings »

Total Holdings: 40
Holding Name
Coupon
Maturity
Composite
Rating
Country
Currency
% of Net
Assets
ANHEUSER-BUSCH INBEV SA/NV
1.150
22 Jan 2027
BBB+
Belgium
EUR
4.4249
NOVARTIS FINANCE SA
0.000
23 Sep 2028
AA-
Switzerland
EUR
4.0759
DAIMLER INTERNATIONAL FINANCE BV
0.250
06 Nov 2023
BBB+
Germany
EUR
3.8753
INTERNATIONAL BUSINESS MACHINES CORP
0.375
31 Jan 2023
A-
United States
EUR
3.8642
AT&T INC
1.600
19 May 2028
BBB
United States
EUR
3.8415
DH EUROPE FINANCE II SARL
0.750
18 Sep 2031
BBB+
United States
EUR
3.8090
TAKEDA PHARMACEUTICAL CO LTD
3.000
21 Nov 2030
BBB+
Japan
EUR
3.2835
DNB BANK ASA
0.050
14 Nov 2023
AA-
Norway
EUR
3.0668
JPMORGAN CHASE & CO
1.090
11 Mar 2027
A-
United States
EUR
3.0349
MORGAN STANLEY
1.875
27 Apr 2027
BBB+
United States
EUR
3.0094
Top 10 Total (%) 36.28
These are not recommendations to buy or to sell any security. Securities and holdings may vary.Due to certain corporate actions, the holdings may contain shares with a very small weighting. In addition, more shares may be included in the portfolio than in the normal composition. During the review, these shares normally fall from the index.

Country Weightings (%) as of 31 May 2021

  • Country

    % of Net Assets
  • Germany

    35.66
  • United States

    26.99
  • Switzerland

    9.15
  • United Kingdom

    5.34
  • Canada

    4.46
  • Belgium

    4.36
  • Netherlands

    3.68
  • Japan

    3.27
  • Norway

    3.05
  • Austria

    2.09
  • Other/Cash

    1.94

Currency Exposure (%)
as of 31 May 2021

  • Euro

    99.84
  • Other/Cash

    0.16

Credit Quality (%) as of 31 May 2021

Composite % of Net Assets
Investment Grade AA 16.10
A 23.22
BBB 58.26
Total Investment Grade -- 97.59
Not Rated -- 1.62
Source: Bloomberg. Rating is a proprietary composite of various rating agencies. A bond must be rated by two or more rating agencies to receive a composite rating; otherwise it is classified as Not Rated.

Maturity (%) as of 31 May 2021

 Average Maturity: 5.37 Years