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DURA
VanEck Durable High Dividend ETF

Fund Description

VanEck Durable High 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

  • Inception Date

    10/30/2018

  • ETF Structure

    Physical

  • Administrator

    Van Eck Associates

  • Index Ticker

    MSUSDVTU

  • Index Reconstitution

    Semi-Annually

  as of 03/27/23

  • 30-Day SEC Yield1

    3.58%

  • Total Net Assets

    $93.2M

  • Number of Holdings

    73

  • Options

    No

  • Gross Expense Ratio2

    0.29%

  • Net Expense Ratio/TER2

    0.29%

  • Distribution Frequency

    Quarterly

  • Next Distribution Date

    03/31/2023
Schedule a Call
Fund FAQ
How to Buy

Key Documents and Links

DURA Fact Sheet
Summary Prospectus
Management Team

Fund Highlights

  • High Dividend Yield Potential
    Index targets high yielding U.S. equities


  • Focus on Valuations
    Index allocates to those companies trading at the lowest prices relative to Morningstar’s estimate of fair value


  • Strong Financial Health
    Index components feature strong balance sheet health relative to peers

Yield as of 03/27/23

  • 30-Day SEC Yield1

    3.58%

  • Distribution Yield1

    3.32%

  • 12-Month Yield1

    3.15%

Fees and Expenses2

  • Management Fee

    0.29%

  • Other Expenses

    --

  • Acquired Fund Fees and Expenses

    --

  • Gross Expense Ratio

    0.29%

  • Fee Waivers and
    Expense Reimbursement

    --

  • Net Expense Ratio/TER2

    0.29%

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

    DURA

  • Index Total Return Ticker

    MSUSDVTU

  • NAV

    DURANV

  • Intraday NAV (IIV)4

    DURAIV

  • Shares Outstanding

    3,050,000

  • Estimated Cash

    DURAEU

  • Total Cash

    DURATC

  • CUSIP

    92189H102

  • ISIN

    US92189H1023
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 03/27/23

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
DURA $30.54
$30.54 		9,574
11,162 		$0.21 / +0.69%
$0.25 / +0.83% 		-4.23%
-4.22% 		$0.00
-0.02% 		0.10%

Premium/Discount History as of 03/27/23

Calendar Year 2021 1Q 2022 2Q 2022 3Q 2022 4Q 2022 Premium/Discount Charts NAV & Prem/Discount History
DURA Days closed at a premium 165 42 36 45 28
Days closed at NAV 40 7 8 5 9
Days closed at a discount 47 13 18 14 26

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
10/30/18
DURA (NAV) -3.28 -4.72 -2.96 1.31 8.95 -- -- 8.08
DURA (Share Price) -3.03 -4.39 -2.80 1.38 9.23 -- -- 8.12
MSUSDVTU (Index)** -3.26 -4.65 -2.91 1.62 9.27 -- -- 8.39
Performance Differential (NAV - Index) -0.02 -0.07 -0.05 -0.31 -0.32 -- -- -0.31
  1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
10/30/18
DURA (NAV) -1.82 17.00 2.47 2.47 6.22 -- -- 9.19
DURA (Share Price) -1.63 16.90 2.39 2.39 6.20 -- -- 9.19
MSUSDVTU (Index)** -1.79 17.07 2.78 2.78 6.05 -- -- 9.50
Performance Differential (NAV - Index) -0.03 -0.07 -0.31 -0.31 0.17 -- -- -0.31

*Returns less than one year are not annualized.
**Index inception date: 04/23/2018

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: 63
Holding Name
Ticker
Shares
 Market Value
(US$) 		% of Net
Assets
Merck & Co Inc
MRK US
52,198
5,545,516 5.88
Broadcom Inc
AVGO US
8,968
5,329,593 5.65
Cisco Systems Inc
CSCO US
100,555
4,868,873 5.16
Altria Group Inc
MO US
100,786
4,679,494 4.96
Philip Morris International Inc
PM US
48,032
4,673,514 4.95
International Business Machines Corp
IBM US
35,420
4,579,806 4.85
Verizon Communications Inc
VZ US
111,443
4,325,103 4.58
Johnson & Johnson
JNJ US
27,956
4,284,537 4.54
Pfizer Inc
PFE US
98,799
4,008,275 4.25
Bristol-Myers Squibb Co
BMY US
49,960
3,445,242 3.65
Top 10 Total (%) 48.46
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These are not recommendations to buy or to sell any security. Securities and holdings may vary.

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

Country % of Net Assets
● United States 100.07
● Other/Cash -0.07

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

Sector % of Net Assets
● Health Care 27.97
● Information Technology 21.49
● Consumer Staples 16.00
● Industrials 10.29
● Financials 8.57
● Communication Services 4.74
● Utilities 3.86
● Energy 3.15
● Consumer Discretionary 2.75
● Materials 1.26
● Other/Cash -0.07

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