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RAAXVanEck Vectors Real Asset Allocation ETF
Fund Description
VanEck Vectors® Real Asset Allocation ETF (the "Fund") seeks long-term total return. In pursuing long-term total return, the Fund seeks to maximize real returns while seeking to reduce downside risk during sustained market declines by allocating primarily to exchange-traded products that provide exposure to real assets, which include commodities, real estate, natural resources, and infrastructure. The Fund seeks to reduce downside risk by using a rules-based approach to determine when to allocate a portion of the Fund's assets to cash and cash equivalents.
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Fund Ticker
RAAX -
Exchange
NYSE Arca -
Administrator
Van Eck Absolute Return Advisers Corporation -
Custodian
State Street Bank and Trust Company
as of 09/18/20
-
30-Day SEC Yield1
1.92% -
Total Net Assets
$9.4M -
Number of Holdings
15 -
Options
Expected -
Gross Expense Ratio2
1.13% -
Net Expense Ratio/TER2
0.75% -
Distribution Frequency
Annual
Performance History: Average Annual Total Returns* (%)
| 1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR | LIFE 04/09/18 |
|
|---|---|---|---|---|---|---|---|---|
| RAAX (NAV) | 2.30 | 9.75 | -17.48 | -13.91 | -- | -- | -- | -5.75 |
| RAAX (Share Price) | 2.51 | 9.78 | -17.50 | -14.00 | -- | -- | -- | -5.76 |
| Bloomberg Commodity Index | 6.76 | 15.43 | -9.04 | -3.90 | -- | -- | -- | -5.76 |
| Blended Real Asset Index | 4.72 | 11.38 | -10.82 | -4.20 | -- | -- | -- | -1.89 |
| 1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR | LIFE 04/09/18 |
|
|---|---|---|---|---|---|---|---|---|
| RAAX (NAV) | 0.66 | 1.95 | -24.32 | -21.90 | -- | -- | -- | -9.75 |
| RAAX (Share Price) | 1.03 | 2.04 | -24.07 | -21.75 | -- | -- | -- | -9.62 |
| Bloomberg Commodity Index | 2.28 | 5.08 | -19.40 | -17.38 | -- | -- | -- | -11.17 |
| Blended Real Asset Index | 1.63 | 12.69 | -18.57 | -15.31 | -- | -- | -- | -5.93 |
Calendar Year Returns (%)
NAV & Premium/Discount History
as of 08/31/20
-
Time Period
-
52-Week High (09/16/19)
$26.12 -
52-Week Low (03/18/20)
$17.07 - NAV & Premium/Discount History
Best & Worst
Quarter Returns (%)
as of 06/30/20
-
Best quarter
4Q'19 +4.28% -
Worst quarter
1Q'20 -25.77%
Best & Worst Quarter Returns are based on NAV, reflect the period since the Fund's inception, and are updated quarterly.
Distribution History
Anticipated Dividend & Capital Gains Frequency: Annual
| Year | Ex-Date | Record Date |
Payable Date | Dividend Income* |
Short-Term Capital Gains |
Long-Term Capital Gains |
Return of Capital |
Total Distributions |
|---|---|---|---|---|---|---|---|---|
| 2019 | 12/23/2019 | 12/24/2019 | 12/30/2019 | $0.6087 | -- | -- | -- | $ 0.61 |
| 2018 | 12/20/2018 | 12/21/2018 | 12/27/2018 | $0.1390 | -- | -- | -- | $ 0.14 |
*All registered investment companies are obliged to distribute portfolio gains to shareholders at yearend regardless of performance. Trading Market Vectors ETFs will also generate tax consequences and transaction expenses. The information provided is not intended to be tax advice. Tax consequences of dividend distributions may vary by individual taxpayer. There is no guarantee that dividends will be paid. To receive a distribution, you must have been a registered shareholder of the relevant Market Vectors ETFs on the record date. Distributions are paid to shareholders on the payment date. Past distributions are not indicative of future distributions.
Certain distributions may constitute a return of capital, which will have the effect of reducing your cost basis in the Fund’s shares and thereby increasing the amount of capital gain, if any, or decreasing the amount of capital loss, if any, that you will realize when selling or exchanging Fund shares. The final determination of the tax characteristics cannot be determined until after each Fund’s yearend and are reported to shareholders on Form 1099-DIV. The form is mailed to shareholders shortly after calendar yearend specifying how the distributions paid by the Fund during the prior calendar year should be characterized for purposes of reporting the distribution on a shareholder’s tax return.
The tax treatment and characterization of the Fund’s distributions may vary significantly from time to time depending on whether the Fund has gains or losses on the securities in its portfolio. The Fund’s distributions will normally reflect past and projected net investment income, and may include income from dividends and interest, capital gains and/or a return of capital. The final composition of the tax characteristics of the distributions cannot be determined with certainty until after the end of the year, and will be reported to shareholders at that time. The amount of distributions will vary, depending on a number of factors. As portfolio and market conditions change, the rate of dividends may change. There can be no assurance that the Fund will be able to declare a dividend distribution in each period. Past performance is no guarantee of future results.