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MIG
VanEck Moody’s Analytics IG Corporate Bond ETF

Market Updates*

  • This strategy allows investors to earn attractive income with outperformance potential versus the broad market (as represented by the ICE BofA US Corporate Bond Index) without having to assume excessive risk. As of 5/5/2021, the strategy’s yield to worst was 2.32% vs 2.15% for the broad index.Please see standard performance listed below.
  • Underlying index’s methodology integrates valuation screening with multiple screens for credit risk, resulting in a portfolio with similar or lower average default and downgrade risk and a higher average credit spread compared to broad benchmarks.2
  • Moody’s Analytics’ credit risk model looks beyond traditional fixed income risk measures and provides forward-looking valuation and risk measures to select bonds with the greatest alpha potential relative to their risk.

Learn More | Finding Alpha Opportunities in Corporate Bonds

1Source: ICE Data Indices.

2Source: VanEck, MVIS, Moody’s Analytics and ICE Data Indices as of 3/31/2021

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.

 
 

  • Fund Ticker

    MIG
  • Exchange

    Cboe
  • ETF Structure

    Physical
  • Administrator

    Van Eck Associates
  • Custodian

    State Street Bank and Trust Company
  • Index Ticker

    MVCI
  • Index Rebalancing

    Monthly
  • 2021 Preliminary NAIC Designation7

    2.B

 
as of 09/20/21

  • 30-Day SEC Yield1

    2.01%
  • Total Net Assets

    $15.1M
  • Number of Holdings

    157
  • Options

    Expected
  • Gross Expense Ratio2

    0.20%
  • Net Expense Ratio/TER2

    0.20%
  • Distribution Frequency

    Monthly
Click here to read the Recommended Insights - Whitepaper: Uncover Hidden Value in Credit
Click here to read the Recommended Insights - Whitepaper: Uncover Hidden Value in Credit

Performance History: Average Annual Total Returns* (%)

1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
12/01/20
MIG (NAV) -0.25 2.46 1.29 -- -- -- -- 2.22
MIG (Share Price) -0.17 2.62 1.24 -- -- -- -- 2.38
MVCI (Index) -0.11 2.49 0.95 -- -- -- -- 2.21
Performance Differential (NAV - Index) -0.14 -0.03 0.34 -- -- -- -- 0.01
1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
MIG (NAV) 1.46 3.30 0.30 -- -- -- -- 1.23
MIG (Share Price) 1.65 3.14 0.28 -- -- -- -- 1.40
MVCI (Index) 1.50 3.50 -0.03 -- -- -- -- 1.22
Performance Differential (NAV - Index) -0.04 -0.20 0.33 -- -- -- -- 0.01

Distribution History

Anticipated Frequency: Monthly Dividend Income & Annual Capital Gains
Ex-Date Record
Date
Payable Date Dividend
Income*
Short-Term
Capital Gains
Long-Term
Capital Gains
Return of Capital Total Distributions
09/01/2021 09/02/2021 09/08/2021 $0.0463 -- -- -- $ 0.05
08/02/2021 08/03/2021 08/06/2021 $0.0469 -- -- -- $ 0.05
07/01/2021 07/02/2021 07/08/2021 $0.0433 -- -- -- $ 0.04
06/01/2021 06/02/2021 06/07/2021 $0.0466 -- -- -- $ 0.05
05/03/2021 05/04/2021 05/07/2021 $0.0436 -- -- -- $ 0.04
04/01/2021 04/05/2021 04/08/2021 $0.0447 -- -- -- $ 0.04
03/01/2021 03/02/2021 03/05/2021 $0.0391 -- -- -- $ 0.04
02/01/2021 02/02/2021 02/05/2021 $0.0476 -- -- -- $ 0.05
12/29/2020 12/30/2020 01/05/2021 $0.0445 -- -- -- $ 0.04

*All registered investment companies are obliged to distribute portfolio gains to shareholders at yearend regardless of performance. Trading VanEck ETFs will also generate tax consequences and transaction expenses. The information provided is not intended to be tax advice. Tax consequences of dividend distributions may vary by individual taxpayer. There is no guarantee that dividends will be paid. To receive a distribution, you must have been a registered shareholder of the relevant VanEck ETFs on the record date. Distributions are paid to shareholders on the payment date. Past distributions are not indicative of future distributions.

Certain distributions may constitute a return of capital, which will have the effect of reducing your cost basis in the Fund’s shares and thereby increasing the amount of capital gain, if any, or decreasing the amount of capital loss, if any, that you will realize when selling or exchanging Fund shares. The final determination of the tax characteristics cannot be determined until after each Fund’s yearend and are reported to shareholders on Form 1099-DIV. The form is mailed to shareholders shortly after calendar yearend specifying how the distributions paid by the Fund during the prior calendar year should be characterized for purposes of reporting the distribution on a shareholder’s tax return.

The tax treatment and characterization of the Fund’s distributions may vary significantly from time to time depending on whether the Fund has gains or losses on the securities in its portfolio. The Fund’s distributions will normally reflect past and projected net investment income, and may include income from dividends and interest, capital gains and/or a return of capital. The final composition of the tax characteristics of the distributions cannot be determined with certainty until after the end of the year, and will be reported to shareholders at that time. The amount of distributions will vary, depending on a number of factors. As portfolio and market conditions change, the rate of dividends may change. There can be no assurance that the Fund will be able to declare a dividend distribution in each period. Past performance is no guarantee of future results.

Click here to access more detailed yearend tax information.

Growth of hypothetical $10,000 investment as of 08/31/2021

3 Months | 6 Months |
TO

Calendar Year Returns (%)

NAV History
as of 08/31/21

Best & Worst
Quarter Returns (%)
as of 06/30/21

  • Best quarter

    2Q'21 +3.30%
  • Worst quarter

    1Q'21 -2.90%
Best & Worst Quarter Returns are based on NAV, reflect the period since the Fund's inception, and are updated quarterly.