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NLRVanEck Uranium+Nuclear Energy ETF
Fund Description
VanEck Uranium+Nuclear Energy ETF (NLR®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS®Global Uranium & Nuclear Energy Index (MVNLRTR), which is intended to track the overall performance of companies involved in: (i) uranium mining or uranium mining projects that have the potential, in MarketVector Indexes GmbH's (the "Index Provider") view, when such projects are developed are expected to generate at least 50% of a company's revenues or are expected to constitute at least 50% of such company's assets; (ii) the construction, engineering and maintenance of nuclear power facilities and nuclear reactors; (iii) the production of electricity from nuclear sources; or (iv) providing equipment, technology and/or services to the nuclear power industry.
-
Fund Ticker
NLR -
Exchange
NYSE Arca -
Inception Date
08/13/2007 -
ETF Structure
Physical -
Administrator
Van Eck Associates -
Index Ticker
MVNLRTR -
Index Rebalancing
Quarterly
as of 07/01/22
-
30-Day SEC Yield1
2.54% -
Total Net Assets
$46.1M -
Number of Holdings
25 -
Options
Available -
Gross Expense Ratio2
0.89% -
Net Expense Ratio/TER2
0.60% -
Distribution Frequency
Annual -
Next Distribution Date
12/16/2022
Key Points
- Access to Important Segment of Clean Energy Market
Nuclear is a significant clean energy source at an inflection point where governments must reconcile downward trending nuclear energy output with increasing demand for clean energy
- Comprehensive Nuclear Energy Exposure
Index targets companies across the uranium and nuclear energy industry including uranium mining, production of electricity and suppliers and service providers
- Pure Play with Global Scope
Companies must derive at least 50% of total revenues from the nuclear energy industry to be added to the Index
Trading Information
-
Fund Ticker
NLR -
Index Total Return Ticker
MVNLRTR -
NAV
NLRNV -
Intraday NAV (IIV)4
NLRIV -
Shares Outstanding
866,632 -
Estimated Cash
NLREU -
Total Cash
NLRTC -
CUSIP
92189F601 -
ISIN
US92189F6016
Fees and Expenses2
-
Management Fee
0.50% -
Other Expenses
0.39% -
Gross Expense Ratio
0.89% -
Fee Waivers and
-0.29%
Expense Reimbursement -
Net Expense Ratio/TER2
0.60%
2Expenses for NLR are capped contractually at 0.60% until May 1, 2023. Cap excludes acquired fund fees and expenses, interest expense, trading expenses, taxes and extraordinary expenses.
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
Performance History: Average Annual Total Returns* (%)
1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR |
LIFE 08/13/07 |
|
---|---|---|---|---|---|---|---|---|
NLR (NAV) | 2.48 | 5.00 | 3.07 | 6.17 | 7.17 | 5.02 | 6.37 | -1.52 |
NLR (Share Price) | 2.52 | 4.76 | 3.33 | 6.01 | 7.25 | 5.11 | 6.39 | -1.51 |
MVNLRTR (Index)5 | 2.19 | 4.91 | 3.06 | 6.26 | 7.01 | 4.77 | 5.98 | -1.65 |
Performance Differential (NAV - Index) | 0.29 | 0.09 | 0.01 | -0.09 | 0.16 | 0.25 | 0.39 | 0.13 |
1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR |
LIFE 08/13/07 |
|
---|---|---|---|---|---|---|---|---|
NLR (NAV) | 5.87 | 3.92 | 3.92 | 11.13 | 5.54 | 5.93 | 4.45 | -1.48 |
NLR (Share Price) | 5.18 | 3.74 | 3.74 | 10.58 | 5.43 | 5.90 | 4.46 | -1.50 |
MVNLRTR (Index)5 | 5.81 | 3.95 | 3.95 | 10.79 | 5.42 | 5.73 | 4.09 | -1.61 |
Performance Differential (NAV - Index) | 0.06 | -0.03 | -0.03 | 0.34 | 0.12 | 0.20 | 0.36 | 0.13 |
Top 10 Holdings (%) as of 05/31/22 Daily Holdings
to view
full data
Holding Name |
Ticker
|
Shares
|
Market Value (US$) |
% of Net Assets |
---|---|---|---|---|
Duke Energy Corp |
DUK US |
34,817 |
3,917,609 | 7.99 |
Dominion Energy Inc |
D US |
45,274 |
3,812,976 | 7.78 |
Public Service Enterprise Group Inc |
PEG US |
48,751 |
3,341,394 | 6.81 |
Entergy Corp |
ETR US |
27,594 |
3,320,110 | 6.77 |
Pg&E Corp |
PCG US |
258,482 |
3,153,480 | 6.43 |
Constellation Energy Corp |
CEG US |
49,118 |
3,049,245 | 6.22 |
Cez As |
CEZ CP |
56,170 |
2,729,425 | 5.57 |
Cameco Corp |
CCJ US |
101,680 |
2,488,110 | 5.07 |
Electricite De France Sa |
EDF FP |
279,758 |
2,478,491 | 5.05 |
Endesa Sa |
ELE SM |
109,871 |
2,428,826 | 4.95 |
Top 10 Total (%) | 62.64 |
Country Weightings (%) as of 05/31/22
-
Country
% of Net Assets -
■
United States
53.04 -
■
Japan
9.12 -
■
Canada
8.06 -
■
Czech Republic
5.57 -
■
France
5.05 -
■
Italy
4.95 -
■
Finland
4.72 -
■
South Korea
3.97 -
■
China
2.29 -
■
Kazakhstan
1.74 -
■
Australia
1.29 -
■
Other/Cash
0.20
Sector Weightings (%) as of 05/31/22
-
Sector
% of Net Assets -
■
Utilities
85.0 -
■
Energy
12.9 -
■
Industrials
2.0 -
■
Other/Cash
0.2