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EINC
VanEck Energy Income ETF

Fund Description

VanEck Energy Income ETF (EINCTM) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS® North America Energy Infrastructure Index (MVEINCTG), which is intended to track the overall performance of North American companies involved in the midstream energy segment, which includes MLPs, and corporations involved in oil and gas storage and transportation.

 
 

  • Fund Ticker

    EINC

  • Exchange

    NYSE Arca

  • Inception Date

    03/12/2012

  • ETF Structure

    Physical

  • Administrator

    Van Eck Associates

  • Index Ticker

    MVEINCTG

  • Index Rebalancing

    Quarterly

  as of 03/24/23

  • 30-Day SEC Yield1

    4.47%

  • Total Net Assets

    $27.1M

  • Number of Holdings

    30

  • Options

    Available

  • Gross Expense Ratio2

    0.48%

  • Net Expense Ratio/TER2

    0.48%

  • Distribution Frequency

    Quarterly

  • Next Distribution Date

    04/28/2023
Schedule a Call
How to Buy

Key Documents and Links

EINC Fact Sheet
Summary Prospectus
Management Team

Fund Highlights

  • High Income Potential
    Historically, MLPs and energy infrastructure companies have exhibited attractive yield characteristics

  • Tax Efficient
    Avoids fund-level taxation and the complications of deferred tax liabilities associated with many MLP funds by limiting direct MLP exposure

  • No K-1s
    Access to energy infrastructure companies without burdensome K-1 tax reporting

Yield as of 03/24/23

  • 30-Day SEC Yield1

    4.47%

  • Distribution Yield1

    3.86%

  • 12-Month Yield1

    3.51%

Fees and Expenses2

  • Management Fee

    0.45%

  • Other Expenses

    0.03%

  • Gross Expense Ratio

    0.48%

  • Fee Waivers and Expense Reimbursement

    --

  • Net Expense Ratio/TER

    0.48%

2 Van Eck Associates Corporation (the “Adviser”) will pay all expenses of the Fund, except for the fee payment under the investment management agreement, acquired fund fees and expenses, interest expense, offering costs, trading expenses, taxes and extraordinary expenses. Notwithstanding the foregoing, the Adviser has agreed to pay the offering costs until at least February 1, 2024.

Trading Information

  • Fund Ticker

    EINC

  • Index Total Return Ticker

    MVEINCTG

  • NAV

    EINCNV

  • Intraday NAV (IIV)4

    EINCIV

  • Shares Outstanding

    464,720

  • Estimated Cash

    EINCEU

  • Total Cash

    EINCTC

  • CUSIP

    92189H870

  • ISIN

    US92189H8705
4See IIV Details. Source: Bloomberg

 

Investment Professionals

  • 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
  • Analyst for Equity ETFs
  • Joined VanEck in 2018
  • Prior to joining VanEck, ETF Basket Operations Analyst at JPMorgan
  • BS, Finance, Providence College
  • 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 03/24/23

NAV/
Market
Price 		Volume
30-Day Avg./
Last Trading Day 		Daily Change
NAV/
Last Price 		YTD Change NAV/
Last Price 		Premium/
Discount 		30-Day
Median
Bid Ask
Spread 		NAV
Chart
EINC $58.23
$57.85 		1,459
1,084 		$0.52 / +0.90%
$0.42 / +0.72% 		-4.96%
-5.51% 		$-0.38
-0.65% 		0.56%

Premium/Discount History as of 03/24/23

Calendar Year 2021 1Q 2022 2Q 2022 3Q 2022 4Q 2022 Premium/Discount Charts NAV & Prem/Discount History
EINC Days closed at a premium 66 24 11 7 7
Days closed at NAV 10 1 3 1 1
Days closed at a discount 176 37 48 56 55

Performance History: Average Annual Total Returns* (%)

View All ETFs View All Indices
  1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
03/12/12**
EINC (NAV) -3.90 -5.75 0.28 5.36 14.83 4.64 -6.46 -5.83
EINC (Share Price) -3.62 -5.52 0.27 5.68 15.13 4.64 -6.48 -5.84
MVEINCTG** (Index) -3.81 -5.52 0.41 6.21 15.73 4.57 -6.52 -5.54
Performance Differential (NAV - Index) -0.09 -0.23 -0.13 -0.85 -0.90 0.07 0.06 -0.29
  1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
03/12/12**
EINC (NAV) -6.02 9.28 19.18 19.18 9.35 4.22 -5.70 -5.94
EINC (Share Price) -5.77 9.30 19.12 19.12 9.60 4.29 -5.74 -5.95
MVEINCTG** (Index) -5.90 9.48 20.14 20.14 10.16 4.05 -5.54 -5.65
Performance Differential (NAV - Index) -0.12 -0.20 -0.96 -0.96 -0.81 0.17 -0.16 -0.29

*Returns less than one year are not annualized.
**Index data prior to December 2, 2019 reflects that of the Solactive High Income MLP Index (YMLPTR). From December 2, 2019 forward, the index data reflects that of the Fund's underlying index, the MVIS North America Energy Infrastructure Index (MVEINCTG). Index history which includes periods prior to December 2, 2019 links the performance of YMLPTR and MVEINCTG and is not intended for third party use.

The performance data quoted represents past performance. Past performance is not a guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Performance may be lower or higher than performance data quoted. Please call 800.826.2333 or visit vaneck.com for performance current to the most recent month ended.

The "Net Asset Value" (NAV) of a Fund is determined at the close of each business day, and represents the dollar 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 shares at NAV.

Top 10 Holdings (%) as of 02/28/23

Daily Holdings
Total Holdings: 29
Holding Name
Ticker
Shares
 Market Value
(US$) 		% of Net
Assets
Enbridge Inc
ENB US
59,230
2,222,310 7.78
Cheniere Energy Inc
LNG US
13,810
2,172,865 7.61
Tc Energy Corp
TRP US
47,853
1,905,028 6.67
Williams Cos Inc/The
WMB US
55,915
1,683,042 5.89
Kinder Morgan Inc
KMI US
96,675
1,649,276 5.78
Oneok Inc
OKE US
25,038
1,638,737 5.74
Targa Resources Corp
TRGP US
19,076
1,413,532 4.95
Enterprise Products Partners Lp
EPD US
54,821
1,399,580 4.90
Pembina Pipeline Corp
PBA US
42,359
1,391,070 4.87
Energy Transfer Lp
ET US
109,825
1,390,385 4.87
Top 10 Total (%) 59.07
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These are not recommendations to buy or to sell any security. Securities and holdings may vary.

Sector Weightings (%)
as of 02/28/23

Sector % of Net Assets
● Energy 99.93
● Other/Cash 0.07

Currency Exposure (%) as of 02/28/23

U.S. Dollar 93.02
Canadian Dollar 6.91
Other/Cash 0.07

Country Weightings (%)
as of 02/28/23

Country % of Net Assets
● United States 73.69
● Canada 26.24
● Other/Cash 0.07

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