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DURA
VanEck Morningstar Durable Dividend ETF

Fund Description

VanEck Morningstar Durable 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

  • ETF Structure

    Physical

  • Administrator

    Van Eck Associates

  • Custodian

    State Street Bank and Trust Company

  • Index Ticker

    MSUSDVTU

  • Index Reconstitution

    Semi-Annually

 
as of 09/20/21

  • 30-Day SEC Yield1

    3.01%

  • Total Net Assets

    $51.0M

  • Number of Holdings

    73

  • Options

    Expected

  • Gross Expense Ratio2

    0.73%

  • Net Expense Ratio/TER2

    0.29%

  • Distribution Frequency

    Quarterly
Schedule a Call
Why Invest?
How to Buy

Key Points

  • 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 09/20/21

  • 30-Day SEC Yield1

    3.01%

  • Distribution Yield1

    2.42%

  • 12-Month Yield1

    2.96%
 1 See Important Disclosure for definitions.

Fees and Expenses2

  • Management Fee

    0.29%

  • Other Expenses

    0.44%

  • Gross Expense Ratio

    0.73%

  • Fee Waivers and
    Expense Reimbursement

    -0.44%

  • Net Expense Ratio/TER2

    0.29%
2Expenses for DURA are capped contractually at 0.29% until February 1, 2022. Cap excludes acquired fund fees and expenses, interest expense, trading expenses, taxes and extraordinary expenses.

Trading Information

  • Fund Ticker

    DURA

  • Index Total Return Ticker

    MSUSDVTU

  • NAV

    DURANV

  • Intraday NAV (IIV)4

    DURAIV

  • Shares Outstanding

    1,650,000

  • 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
  • Portfolio Manager and Analyst for Equity ETFs
  • Joined VanEck in 2007
  • Prior to his current role, held a portfolio administration position at VanEck
  • Previously, Portfolio Analyst at Evaluation Associates
  • BS, Business Administration (concentration in Financial Analysis), State University of New York at Buffalo
  • 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 09/20/21

NAV/
Market Price 		Volume
30-Day Avg./
Last Trading Day 		Daily Change
NAV/
Last Price 		YTD Change
NAV/
Last Price 		Premium/
Discount 		Prem/Discount
Distribution Charts 		NAV &
Prem/Discount
History 		30-Day
Median
Bid Ask
Spread 		NAV
Chart
DURA $30.88
$30.92		 5,237
16,203		 -$0.31 / -1.00%
$-0.30 / -0.98%		 +10.22%
+10.23%
 $0.03
0.11%		 --

Premium/Discount History as of 09/20/21

Calendar Year 2020 3Q 2020 4Q 2020 1Q 2021 2Q 2021 Premium/Discount Charts NAV & Prem/Discount History
Days closed at a premium 138 21 37 49 40
DURA Days closed at NAV 42 18 11 6 10
Days closed at a discount 73 25 16 6 13


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) 1.87 4.12 14.92 21.90 -- -- -- 12.30
DURA (Share Price) 1.93 4.10 15.00 21.80 -- -- -- 12.33
MSUSDVTU (Index)** 1.90 4.21 14.16 22.30 11.23 -- -- 12.61
Performance Differential (NAV - Index) -0.03 -0.09 0.76 -0.40 -- -- -- -0.31
1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
10/30/18
DURA (NAV) -0.65 3.22 9.64 24.48 -- -- -- 11.16
DURA (Share Price) -0.64 3.14 9.76 24.50 -- -- -- 11.20
MSUSDVTU (Index)** -0.62 3.31 8.87 24.90 11.69 -- -- 11.47
Performance Differential (NAV - Index) -0.03 -0.09 0.77 -0.42 -- -- -- -0.31

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

The table presents past performance which is no guarantee of future results and which may be lower or higher than current performance. Returns reflect temporary contractual fee waivers and/or expense reimbursements. Had the ETF incurred all expenses and fees, investment returns would have been reduced. Investment returns and ETF share values will fluctuate so that investors' shares, when redeemed, may be worth more or less than their original cost. ETF returns assume that dividends and capital gains distributions have been reinvested in the Fund at NAV.

The "Net Asset Value" (NAV) of a VanEck Exchange Traded Fund (ETF) 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. VanEck ETF investors should not expect to buy or sell shares at NAV.

Top 10 Holdings (%) as of 08/31/21 Daily Holdings

Total Holdings: 80
Swipe
to view
full data
Holding Name
Ticker
Shares Market Value
(US$) 		% of Net
Assets
PFIZER INC
PFE US
65,193
3,003,442 5.65
ABBVIE INC
ABBV US
21,169
2,556,792 4.81
JOHNSON & JOHNSON
JNJ US
14,632
2,533,238 4.77
JPMORGAN CHASE & CO
JPM US
15,055
2,408,047 4.53
PROCTER & GAMBLE CO/THE
PG US
16,484
2,347,157 4.42
PHILIP MORRIS INTERNATIONAL INC
PM US
22,769
2,345,207 4.41
VERIZON COMMUNICATIONS INC
VZ US
40,667
2,236,685 4.21
AT&T INC
T US
80,473
2,206,570 4.15
CISCO SYSTEMS INC/DELAWARE
CSCO US
33,736
1,991,099 3.75
COCA-COLA CO/THE
KO US
33,033
1,860,088 3.50
Top 10 Total (%) 44.20
These are not recommendations to buy or to sell any security. Securities and holdings may vary.

Country Weightings (%) as of 08/31/21

  • Country

    % of Net Assets
  • ■

    United States

    99.84
  • ■

    Spain

    0.06
  • ■

    Other/Cash

    0.10

Sector Weightings (%) as of 08/31/21

  • Sector

    % of Net Assets
  • ■

    Health Care

    26.7
  • ■

    Consumer Staples

    24.7
  • ■

    Utilities

    11.0
  • ■

    Communication Services

    10.7
  • ■

    Financials

    9.0
  • ■

    Industrials

    8.1
  • ■

    Information Technology

    4.7
  • ■

    Consumer Discretionary

    3.6
  • ■

    Materials

    1.5
  • ■

    Other/Cash

    0.1