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DURA
VanEck Vectors Morningstar Durable Dividend ETF

Fund Description

VanEck Vectors Morningstar Durable Dividend ETF (DURA®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Morningstar® US Dividend Valuation IndexSM (MSUSDVTU), which is intended to track the overall performance of high dividend yielding U.S. companies with strong financial health and attractive valuations according to Morningstar.

 
 

  • Fund Ticker

    DURA
  • Exchange

    Cboe
  • Commencement

    10/30/2018
  • ETF Structure

    Physical
  • Administrator

    Van Eck Associates
  • Custodian

    State Street Bank and Trust Company
  • Index Ticker

    MSUSDVTU
  • Index Reconstitution

    Semi-Annually

 
as of 04/03/20

  • 30-Day SEC Yield1

    4.11%
  • Total Net Assets

    $22.9M
  • Number of Holdings

    57
  • Options

    Expected
  • Gross Expense Ratio2

    1.14%
  • Net Expense Ratio/TER2

    0.29%
  • Distribution Frequency

    Quarterly
  • Next Distribution Date

    06/30/20

Index Key Points

Underlying Index: 

Morningstar®US Dividend Valuation IndexSM

The Index Composition:

The Index contains high dividend yielding U.S. companies with strong financial health and attractive valuations according to Morningstar.

Companies eligible for inclusion in the Index:

  • Derived from Morningstar®US Market IndexSM(Parent Index)
  • Companies must pay qualifying dividends; and
  • Top 50% as measured by trailing 12 month dividend yield; and
  • Top 50% of their peer group as measured by distance to default score; and
  • Top 70% most attractively priced as measured by Morningstar Star Score; and

Methodology Highlights:

  • Distance to Default Score: a structural or contingent claim model that takes advantage of both market information and accounting financial information to determine the expectation that default will occur.
  • Morningstar Star Score: a company’s fair value is used in combination with the Index’s Provider’s equity research team’s uncertainty rating to assign a star score

Reconstitution Frequency:

Semi-Annual (March & September)

Index provider:

Morningstar, Inc.

Index Profile

  • Ticker

    MSUSDVTU
  • Inception Date

    04/23/2018
  • Reconstitution Frequency

    Semi-Annually

Index Top 10 Constituents (%) as of 02/29/20 Download All Index Constituents

Total Constituents: 68
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full data
Constituent Name
Ticker
Weightings (%)
Johnson & Johnson
JNJ US
5.24
Intel Corp
INTC US
5.16
Jpmorgan Chase & Co
JPM US
5.10
At&T Inc
T US
4.88
Verizon Communications Inc
VZ US
4.61
Pfizer Inc
PFE US
4.48
Pepsico Inc
PEP US
4.45
Merck & Co. Inc.
MRK US
4.44
Chevron Corp
CVX US
3.90
Exxon Mobil Corp
XOM US
3.82
Top 10 Total (%) 46.08
These are not recommendations to buy or to sell any security. Securities and holdings may vary.

Index Country Weightings (%) as of 02/29/20

  • Country

    Weightings (%)
  • United States

    99.24
  • Switzerland

    0.46
  • United Kingdom

    0.30

Index Sector Weightings (%) as of 02/29/20

  • Sector

    Weightings (%)
  • Health Care

    25.2
  • Industrials

    12.5
  • Energy

    12.4
  • Financials

    11.0
  • Information Technology

    10.4
  • Communication Services

    9.6
  • Utilities

    7.2
  • Consumer Staples

    6.6
  • Consumer Discretionary

    4.0
  • Materials

    1.1