MIG
VanEck Moody’s Analytics IG Corporate Bond ETF
MIG
VanEck Moody’s Analytics IG Corporate Bond ETF
MIG
VanEck Moody’s Analytics IG Corporate Bond ETF
MIG
VanEck Moody’s Analytics IG Corporate Bond ETF
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NAV$21.79
as of August 23, 2024 -
YTD RETURNS4.82%
as of August 23, 2024 -
Total Net Assets$13.08M
as of August 23, 2024 -
Total Expense Ratio0.20%
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Inception Date12/01/2020
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30-Day SEC Yield4.89%
Fund Description
VanEck Moody’s Analytics® IG 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 Investment Grade Corporate Bond Index, which includes investment grade corporate bonds that have attractive valuations and a lower probability of being downgraded to high yield compared to other investment grade 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