MBBB
VanEck Moody’s Analytics BBB Corporate Bond ETF
MBBB
VanEck Moody’s Analytics BBB Corporate Bond ETF
-
NAV
$20.69
as of June 06, 2023 -
YTD RETURNS
2.71%
as of June 06, 2023 -
Total Net Assets
$8.28M
as of June 06, 2023 -
Total Expense Ratio
0.25% -
Inception Date
12/01/2020 -
30-Day SEC Yield
5.55%
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 September 1, 2023. “Other Expenses” have been restated to reflect current fees.
Fund Description
VanEck Moody’s Analytics® BBB Corporate Bond ETF seeks to track, as closely as possible, before fees and expenses, the price and yield performance of the MVIS® Moody’s Analytics® US BBB Corporate Bond Index, which includes BBB rated corporate bonds that have attractive valuations and a lower probability of being downgraded to high yield compared to other BBB rated bonds.
Overview
Fund Highlights
- Selects bonds with attractive risk-adjusted valuations, providing outperformance potential versus the broader market
- Quantitative approach uses market-based information, including the issuer’s stock price, to develop a forward looking assessment of credit risk
- Powered by Moody’s Analytics credit risk platform, which is relied upon by over 650 of the world’s largest institutional investors
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