MBBB
VanEck Moody’s Analytics BBB Corporate Bond ETF
MBBB
VanEck Moody’s Analytics BBB Corporate Bond ETF
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NAV$20.11
as of September 28, 2023 -
YTD RETURNS1.43%
as of September 28, 2023 -
Total Net Assets$8.04M
as of September 28, 2023 -
Total Expense Ratio0.25%
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Inception Date12/01/2020
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30-Day SEC Yield6.01%
Fund Description
VanEck Moody’s Analytics® BBB Corporate Bond ETF seeks to track, as closely as possible, before fees and expenses, the price and yield performance of the MVIS® Moody’s Analytics® US BBB Corporate Bond Index, which includes BBB rated corporate bonds that have attractive valuations and a lower probability of being downgraded to high yield compared to other BBB rated bonds.
Overview
Fund Highlights
- Selects bonds with attractive risk-adjusted valuations, providing outperformance potential versus the broader market
- Quantitative approach uses market-based information, including the issuer’s stock price, to develop a forward looking assessment of credit risk
- Powered by Moody’s Analytics credit risk platform, which is relied upon by over 650 of the world’s largest institutional investors