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A Durable Approach to Dividend Investing

DURA
VanEck Morningstar Durable Dividend ETF

Fund Description

VanEck 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 09/24/21

  • 30-Day SEC Yield1

    3.01%
  • Total Net Assets

    $52.2M
  • Number of Holdings

    73
  • Options

    Expected
  • Gross Expense Ratio2

    0.73%
  • Net Expense Ratio/TER2

    0.29%
  • Distribution Frequency

    Quarterly
Why Invest?

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 08/31/21

Total Constituents: 80
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full data
Constituent Name
Ticker
Weightings (%)
Pfizer Inc
PFE US
5.67
Abbvie Inc
ABBV US
4.83
Johnson & Johnson
JNJ US
4.78
Jpmorgan Chase & Co
JPM US
4.55
Procter & Gamble Co/The
PG US
4.43
Philip Morris International
PM US
4.43
Verizon Communications Inc
VZ US
4.22
At&T Inc
T US
4.16
Cisco Systems Inc
CSCO US
3.76
Coca-Cola Co/The
KO US
3.51
Top 10 Total (%) 44.34
These are not recommendations to buy or to sell any security. Securities and holdings may vary.

Index Country Weightings (%) as of 08/31/21

  • Country

    Weightings (%)
  • United States

    99.43
  • United Kingdom

    0.57

Index Sector Weightings (%) as of 08/31/21

  • Sector

    Weightings (%)
  • Health Care

    26.8
  • Consumer Staples

    24.8
  • Utilities

    11.0
  • Communication Services

    10.7
  • Financials

    9.1
  • Industrials

    7.6
  • Information Technology

    4.5
  • Consumer Discretionary

    4.1
  • Materials

    1.5