EINC
VanEck Energy Income ETF
EINC
VanEck Energy Income ETF
-
NAV
$63.53
as of June 08, 2023 -
YTD RETURNS
4.60%
as of June 08, 2023 -
Total Net Assets
$27.94M
as of June 08, 2023 -
Total Expense Ratio
0.48% -
Inception Date
03/12/2012
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. “Other Expenses” have been restated to reflect current fees.
Fund Description
VanEck Energy Income ETF (EINCTM) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS® North America Energy Infrastructure Index (MVEINCTG), which is intended to track the overall performance of North American companies involved in the midstream energy segment, which includes MLPs, and corporations involved in oil and gas storage and transportation.
Overview
Fund Highlights
- High Income Potential
Historically, MLPs and energy infrastructure companies have exhibited attractive yield characteristics
- Tax Efficient
Avoids fund-level taxation and the complications of deferred tax liabilities associated with many MLP funds by limiting direct MLP exposure
- No K-1s
Access to energy infrastructure companies without burdensome K-1 tax reporting