VanEck IG Corporate ETF (MIG)
20.88
-0.19
(-0.90%)
USD |
BATS |
Mar 27, 16:00
Key Stats
| Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 0.20% | 0.03% | 12.59M | 3132.17 |
| Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (All) |
| 3.05% | 53.00% | 0.00 | Upgrade |
Basic Info
| Investment Strategy | |
| The investment seeks to track, as closely as possible, before fees and expenses, the price and yield performance of the MVIS® Moody's Analytics® US Investment Grade Corporate Bond Index. The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The inndex is comprised of U.S. dollar-denominated corporate bonds issued in the U.S. domestic market that have an investment grade rating based on the bond's composite rating, which is an average of ratings from various rating agencies. It is non-diversified. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | -- |
| Fixed Income Style | Medium Quality/Moderate Sensitivity |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Category Name | Corporate Bond |
| Category Index | Bloomberg US Corp Bond TR USD |
| Global Category Name | US Fixed Income |
| YCharts Categorization | US Fixed Income |
| YCharts Benchmark | Bloomberg US Aggregate (^BBUSATR) |
| Prospectus Objective | Corporate Bond - General |
| Fund Owner Firm Name | VanEck |
| Prospectus Benchmark Index | |
| MVIS Moody US IG Corp TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
| Manager Tenure | |
| Francis Rodilosso | 2.25 yrs |
Net Fund Flows Versus Category
1 Month
% Rank:
--
--
Category Low
--
Category High
1 Year
% Rank:
37
0.00
-2.408B
Category Low
3.450B
Category High
3 Months
% Rank:
--
--
Category Low
--
Category High
3 Years
% Rank:
--
--
Category Low
--
Category High
6 Months
% Rank:
--
--
Category Low
--
Category High
5 Years
% Rank:
--
--
Category Low
--
Category High
YTD
% Rank:
--
--
Category Low
--
Category High
10 Years
% Rank:
--
--
Category Low
--
Category High
As of February 28, 2023
Risk
Performance Versus Category
As of March 27, 2023. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of March 27, 2023.
Asset Allocation
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
|
Barclays PLC 5.2%
|
1.55% | -- | -- |
|
Verizon Communications Inc. 4.016%
|
1.16% | -- | -- |
|
T-Mobile USA, Inc. 3.75%
|
1.16% | -- | -- |
|
Societe Generale S.A. 4.25%
|
1.14% | -- | -- |
|
UBS Group AG 4.988%
|
1.12% | -- | -- |
|
Saudi Arabian Oil Company 4.25%
|
1.09% | -- | -- |
|
Apple Inc. 1.4%
|
1.06% | -- | -- |
|
AT&T Inc 3.65%
|
1.00% | -- | -- |
|
Verizon Communications Inc. 4.125%
|
1.00% | -- | -- |
|
T-Mobile USA, Inc. 3.875%
|
0.94% | -- | -- |
News
Headline
Wire
Time (ET)
SA Breaking News
02/02 09:45
SA Breaking News
12/01 15:04
SA Breaking News
11/01 14:05
SA Breaking News
09/01 15:52
SA Breaking News
08/02 13:52
SA Breaking News
07/01 12:35
SA Breaking News
06/01 13:21
Basic Info
| Investment Strategy | |
| The investment seeks to track, as closely as possible, before fees and expenses, the price and yield performance of the MVIS® Moody's Analytics® US Investment Grade Corporate Bond Index. The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The inndex is comprised of U.S. dollar-denominated corporate bonds issued in the U.S. domestic market that have an investment grade rating based on the bond's composite rating, which is an average of ratings from various rating agencies. It is non-diversified. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | -- |
| Fixed Income Style | Medium Quality/Moderate Sensitivity |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Category Name | Corporate Bond |
| Category Index | Bloomberg US Corp Bond TR USD |
| Global Category Name | US Fixed Income |
| YCharts Categorization | US Fixed Income |
| YCharts Benchmark | Bloomberg US Aggregate (^BBUSATR) |
| Prospectus Objective | Corporate Bond - General |
| Fund Owner Firm Name | VanEck |
| Prospectus Benchmark Index | |
| MVIS Moody US IG Corp TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
| Manager Tenure | |
| Francis Rodilosso | 2.25 yrs |
Fundamentals
| General | |
| Distribution Yield | Upgrade |
| Dividend Yield TTM (3-27-23) | 3.05% |
| 30-Day SEC Yield (2-28-23) | Upgrade |
| 7-Day SEC Yield | -- |
| Number of Holdings | Upgrade |
| Bond | |
| Current Yield | 4.38% |
| Yield to Maturity | Upgrade |
| Effective Duration | Upgrade |
| Average Coupon | Upgrade |
| Average Credit Score | Upgrade |
| Average Price | Upgrade |
As of March 24, 2023
Fund Details
| Key Dates | |
| Inception Date | 12/1/2020 |
| Last Annual Report Date | 4/30/2022 |
| Last Prospectus Date | 9/1/2022 |
| Attributes | |
| Index Fund |
|
| Inverse Fund | No |
| Leveraged Fund | No |
| Fund of Funds | No |
| Currency Hedged Fund | No |
| Synthetic Replication Fund | No |
| Has Dividend Investment Plan | No |
| Socially Responsible Fund | No |
News
Headline
Wire
Time (ET)
SA Breaking News
02/02 09:45
SA Breaking News
12/01 15:04
SA Breaking News
11/01 14:05
SA Breaking News
09/01 15:52
SA Breaking News
08/02 13:52
SA Breaking News
07/01 12:35
SA Breaking News
06/01 13:21