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NLR VanEck Vectors Uranium+Nuclear Energy ETF

  • Fund Description

    VanEck Vectors Uranium+Nuclear Energy ETF (NLR®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS Global Uranium & Nuclear Energy Index (MVNLRTR), which is intended to track the overall performance of companies involved in: (i) uranium mining or uranium mining projects that have the potential, in MV Index Solutions GmbH's (the "Index Provider") view, when such projects are developed are expected to generate at least 50% of a company's revenues or are expected to constitute at least 50% of such company's assets; (ii) the construction, engineering and maintenance of nuclear power facilities and nuclear reactors; (iii) the production of electricity from nuclear sources; or (iv) providing equipment, technology and/or services to the nuclear power industry.

  •  
      

    • Fund Ticker

      NLR
    • Exchange

      NYSE Arca
    • Commencement

      08/13/2007
    • ETF Structure

      Physical
    • Administrator

      Van Eck Associates
    • Custodian

      Bank of New York Mellon
    • Index Ticker

      MVNLRTR
    • Index Rebalancing

      Quarterly
  •  
    as of 07/22/16

    • 30-Day SEC Yield1

      2.79%
    • Total Net Assets

      $39.0M
    • Number of Holdings

      27
    • Options

      Expected
    • Gross Expense Ratio2

      0.70%
    • Net Expense Ratio/TER2

      0.61%
    • Distribution Frequency

      Annual
    • Next Distribution Date

      12/16/2016
  • About Securities Lending


    VanEck Vectors Exchange Traded Funds (ETFs may lend securities to generate additional income which may help reduce expenses. All net proceeds earned by VanEck Vectors ETFs in the securities lending process are allocated to the applicable ETF after subtracting fees payable to the lending agent.

     

    Securities lending is an established practice that involves the lending of securities from a lender (“Fund”) to a third-party (“Borrower”). In return, the Borrower posts collateral — typically cash or U.S. Government securities — in an amount equal to at least 102% of the value of the borrowed securities. Over the course of the loan term, the Fund will receive any interest or dividends on the securities loaned. Moreover, the Borrower will pay a fee, as well as any interest earned on the investment of the cash collateral.

     

    The primary risk in securities lending is that a Borrower may default on its commitment to return securities that are on loan. If this occurs and the value of the liquidated collateral does not exceed the cost of repurchasing the securities, the Fund may suffer a loss with respect to the shortfall. This risk and others are described in more detail in the statutory prospectus, under "Lending Portfolio Securities".

  • Additional Resources

  • All Collateral HoldingsTop 10 Collateral Holdings as of 06/30/16

    Security
    ISIN
    SEDOL
    Country
    Investment Type
    Weight %
    Bank of New York Overnight Government Fund
    --
    --
    United States
    Money Market Fund
    100.00
  • Securities Lending Summary
    as of 06/30/16

    Data Point %
    Securities Lending Return (% of AUM, YTD) 0.01
    Average On-Loan (% of AUM, YTD) 1.47
    Maximum On-Loan (% of AUM, YTD) 33.00
    Collateralization (% of Loan, YTD) 106.83
  • Loan/Collateral Combinations and Collateral Levels

    Loan Type Collateral Level
    Equities and Fixed Income  
    Domestic  
    Foreign