DURAVanEck 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 -
ETF Structure
Physical -
Administrator
Van Eck Associates -
Custodian
State Street Bank and Trust Company -
Index Ticker
MSUSDVTU -
Index Reconstitution
Semi-Annually
as of 03/03/21
-
30-Day SEC Yield1
3.55% -
Total Net Assets
$41.1M -
Number of Holdings
53 -
Options
Expected -
Gross Expense Ratio2
0.73% -
Net Expense Ratio/TER2
0.29% -
Distribution Frequency
Quarterly
Key Points
-
High Dividend Yield Potential
Index targets high yielding U.S. equities
-
Focus on Valuations
Index allocates to those companies trading at the lowest prices relative to Morningstar’s estimate of fair value
-
Strong Financial Health
Index components feature strong balance sheet health relative to peers
Yield
as of 03/03/21
-
30-Day SEC Yield1
3.55% -
Distribution Yield1
3.56% -
12-Month Yield1
3.53%
Fees and Expenses2
-
Management Fee
0.29% -
Other Expenses
0.44% -
Gross Expense Ratio
0.73% -
Fee Waivers andExpense Reimbursement
-0.44% -
Net Expense Ratio/TER2
0.29%
Trading Information
-
Fund Ticker
DURA -
Index Total Return Ticker
MSUSDVTU -
NAV
DURANV -
Intraday NAV (IIV)4
DURAIV -
Shares Outstanding
1,450,000 -
Estimated Cash
DURAEU -
Total Cash
DURATC -
CUSIP
92189H102 -
ISIN
US92189H1023
Investment Professionals
Peter Liao, CFA
- Portfolio Manager and Head of Equity ETFs
- Oversees the Equity ETF Investment Management Team including development and management of index replication and optimization strategies
- Joined VanEck in 2005
- CFA charterholder; member of the CFA Society New York
- BA, Mathematics and Economics, New York University
Guo Hua (Jason) Jin
- Portfolio Manager and Analyst for Equity ETFs
- Joined VanEck in 2007
- Prior to his current role, held a portfolio administration position at VanEck
- Previously, Portfolio Analyst at Evaluation Associates
- BS, Business Administration (concentration in Financial Analysis), State University of New York at Buffalo
Griffin Driscoll
- Analyst for Equity ETFs
- Joined VanEck in 2018
- Prior to joining VanEck, ETF Basket Operations Analyst at JPMorgan
- BS, Finance, Providence College
Ralph Lasta
- Analyst for Equity ETFs
- Joined VanEck in 2019
- Prior to VanEck, Intermediate Representative, Exchange Traded Funds at BNY Mellon.
- BS, Accounting, Hunter College
Prices as of 03/03/21
Performance History: Average Annual Total Returns* (%)
1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR | LIFE 10/30/18 |
|
---|---|---|---|---|---|---|---|---|
DURA (NAV) | -1.78 | 8.16 | -1.78 | -0.51 | -- | -- | -- | 7.93 |
DURA (Share Price) | -1.61 | 8.71 | -1.61 | -0.52 | -- | -- | -- | 8.01 |
MSUSDVTU (Index) | -2.62 | 8.24 | -2.62 | -0.30 | -- | -- | -- | 8.21 |
Performance Differential (NAV - Index) | 0.84 | -0.08 | 0.84 | -0.21 | -- | -- | -- | -0.28 |
1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR | LIFE 10/30/18 |
|
---|---|---|---|---|---|---|---|---|
DURA (NAV) | 1.16 | 7.99 | 0.43 | 0.43 | -- | -- | -- | 9.15 |
DURA (Share Price) | 1.16 | 7.77 | 0.40 | 0.40 | -- | -- | -- | 9.15 |
MSUSDVTU (Index)** | 2.08 | 9.02 | 0.23 | 0.23 | -- | -- | -- | 9.88 |
Performance Differential (NAV - Index) | -0.92 | -1.03 | 0.20 | 0.20 | -- | -- | -- | -0.73 |
Top 10 Holdings (%) as of 01/31/21 Daily Holdings
to view
full data
Holding Name |
Ticker
|
Shares |
Market Value (US$) |
% of Net Assets |
|
---|---|---|---|---|---|
ABBVIE INC |
ABBV US
|
19,242
|
1,971,920 | 5.23 | |
JOHNSON & JOHNSON |
JNJ US
|
11,949
|
1,949,240 | 5.17 | |
AT&T INC |
T US
|
62,627
|
1,793,011 | 4.76 | |
BRISTOL-MYERS SQUIBB CO |
BMY US
|
29,037
|
1,783,743 | 4.74 | |
PFIZER INC |
PFE US
|
48,799
|
1,751,884 | 4.65 | |
PHILIP MORRIS INTERNATIONAL INC |
PM US
|
21,793
|
1,735,812 | 4.61 | |
PEPSICO INC |
PEP US
|
12,631
|
1,725,016 | 4.58 | |
COCA-COLA CO/THE |
KO US
|
34,704
|
1,670,998 | 4.44 | |
ALTRIA GROUP INC |
MO US
|
39,768
|
1,633,669 | 4.34 | |
VERIZON COMMUNICATIONS INC |
VZ US
|
29,759
|
1,629,305 | 4.33 | |
Top 10 Total (%) | 46.85 |
Country Weightings (%) as of 01/31/21
-
Country
% of Net Assets -
■
United States
99.63 -
■
United Kingdom
0.39 -
■
Other/Cash
-0.02
Sector Weightings (%) as of 01/31/21
-
Sector
% of Net Assets -
■
Health Care
27.8 -
■
Consumer Staples
20.5 -
■
Utilities
12.5 -
■
Industrials
12.2 -
■
Financials
9.8 -
■
Communication Services
9.2 -
■
Consumer Discretionary
4.1 -
■
Information Technology
3.4 -
■
Materials
0.4 -
■
Energy
0.2 -
■
Other/Cash
0.0