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TAT
VanEck iBoxx EUR Sovereign Capped AAA-AA 1-5 UCITS ETF

Fund Description

Cushion your portfolio against unforeseen risks. Our ETF follows 15 government bonds with investment-grade ratings and relatively short maturities, which limits their volatility still further.

  • Targeted exposure to euro-denominated government bonds with a rating of AA or higher
  • Remaining maturities of one to five years
  • Maximum weighting of 30% per country



Underlying Index

Markit iBoxx EUR Liquid Sovereign Capped AAA-AA 1-5 Index (IES11TR)

Fund Details
 

  • Fund Ticker

    TAT
  • Management Company

    VanEck Asset Management B.V.
  • Custodian

    State Street Bank International GmbH, Amsterdam branch
  • Domicile

    The Netherlands
  • Index Ticker

    IBXXS15T
  • Index Provider

    IHS Markit
  • Rebalance Frequency

    Quarterly
1The "Net Asset Value" (NAV) of all ETFs is determined at the close of each business day, and represents the 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. Investors should not expect to buy or sell ETF shares at NAV.

2The date the fund was launched prior to quotation on the stock exchange.

 
as of 30 Sep 2022

  • NAV1

    18.66
  • Shares Outstanding

    4,921,000
  • Number of Holdings

    15
  • Base Currency

    EUR
  • Net Assets

    €91.8M
  • Product Structure

    Physical (Full Replication)
  • Income Treatment

    Distributing
  • Distribution Frequency

    Quarterly
  • Total Expense Ratio

    0.15%
  • SFDR Classification

    Article 6
  • Fact Sheet
  • Fund Holiday Calendar

Fundamentals3
as of 30 Sep 2022

  • Yield to Worst

    2.00%
  • Yield to Maturity

    2.00%
  • Effective Duration (yrs)

    3.61
  • Years to Maturity

    3.73
  • Modified Duration (yrs)

    3.61
  • Coupon

    0.85%
3These figures represent averages. Yield to Worst measures the lowest of either yield-to-maturity or yield-to-call date on every possible call date. Yield to Maturity is the annualized return on a bond held to maturity. Effective Duration measures a bond's sensitivity to interest rate changes that reflects the change in a bond's price given a change in yield. This duration measure is appropriate for bonds with embedded options. Modified Duration measures a bond's sensitivity to interest rate changes that reflects the change in a bond's price given a change in yield. Spread Duration measures a bond's price sensitivity to a 100 basis point change to its option-adjusted spread. As the rate of the Treasury security in the option-adjusted spread increases, the rate of the option-adjusted spread also increases. Years to Maturity is the period of time for which a financial instrument remains outstanding. Maturity refers to a finite time period at the end of which the financial instrument will cease to exist and the principal is repaid. Coupon is measured by weighting the coupon of each bond by its relative size in the portfolio. Coupons are fixed percentages paid on a fixed-income security on an annual basis. Averages are market weighted. The Coupon and Yield to Worst do not represent the performance of the Fund. These statistics do not take into account fees and expenses associated with investments of the Fund.

Trading Information as of 30 Sep 2022

Euronext
Amsterdam
EUR
Exchange Ticker TAT
ISIN NL0010273801
SEDOL B8S0TC2
Bloomberg TAT NA
Reuters (RIC) TAT.AS
Valor 20070610
Bloomberg iNAV ITAT
Reuters iNAV TATINAV=IHSM
WKN A1T84N
Trading Currency EUR
Last Traded Price 18.66
Day's Move 0.03
Volume 7,938
30 Day Volume 8,207
VWAP Volume 7,938
Euronext
Brussels
EUR
Exchange Ticker TAT
ISIN NL0010273801
SEDOL BYYYRY8
Bloomberg TAT BB
Reuters (RIC) --
Valor 20070610
Bloomberg iNAV ITAT
Reuters iNAV TATINAV=IHSM
WKN A1T84N
Trading Currency EUR
Last Traded Price 18.66
Day's Move 0.03
Volume 7,938
30 Day Volume 8,207
VWAP Volume 7,938
London
Stock Exchange
USD
Exchange Ticker VAAA
ISIN NL0010273801
SEDOL BZ5ZHV4
Bloomberg VAAA LN
Reuters (RIC) VAAA.L
Valor 20070610
Bloomberg iNAV ITAT
Reuters iNAV ITATINAV.PA
WKN A1T84N
Trading Currency USD
Last Traded Price 18.29
Day's Move 0.11
Volume 0
30 Day Volume --
VWAP Volume 0
London
Stock Exchange
GBP
Exchange Ticker TAGB
ISIN NL0010273801
SEDOL BZ5ZJ07
Bloomberg TAGB LN
Reuters (RIC) TAGB.L
Valor 20070610
Bloomberg iNAV ITAT
Reuters iNAV ITATINAV.PA
WKN A1T84N
Trading Currency GBP
Last Traded Price 16.41
Day's Move -0.08
Volume 0
30 Day Volume 883
VWAP Volume 0
Deutsche
Börse
EUR
Exchange Ticker VIGB
ISIN NL0010273801
SEDOL BZ06CX9
Bloomberg VIGB GY
Reuters (RIC) VIGB.DE
Valor 20070610
Bloomberg iNAV ITAT
Reuters iNAV TATINAV=IHSM
WKN A1T84N
Trading Currency EUR
Last Traded Price 18.67
Day's Move 0.06
Volume 0
30 Day Volume 2,598
VWAP Volume 1
SIX
Swiss Exchange
CHF
Exchange Ticker VAAA
ISIN NL0010273801
SEDOL BJLT2H9
Bloomberg VAAA SE
Reuters (RIC) VAAA.S
Valor 20070610
Bloomberg iNAV ITAT
Reuters iNAV ITATINAV.PA
WKN A1T84N
Trading Currency CHF
Last Traded Price 17.95
Day's Move 0.13
Volume 0
30 Day Volume 181
VWAP Volume 0
Borsa
Italiana
EUR
Exchange Ticker TAT
ISIN NL0010273801
SEDOL B8S0TC2
Bloomberg TAT IM
Reuters (RIC) TAT.MI
Valor 20070610
Bloomberg iNAV ITAT
Reuters iNAV TATINAV=IHSM
WKN A1T84N
Trading Currency EUR
Last Traded Price 18.67
Day's Move 0.07
Volume 200
30 Day Volume 2,061
VWAP Volume 200

NAVs as of 30 Sep 2022

Base
Currency
NAV Daily
Change
NAV
YTD
Change
NAV
NAV Price
History
Total
Expense
Ratio
TAT EUR €18.66 €0.06 / +0.30% -7.96%
0.15

Performance History* (%)

Month End as of 31 Aug 2022 1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR ETF INCEPTION
ETF (NAV) -3.13 -1.82 -6.02 -6.89 -2.97 -1.67 -- -0.45
IBXXS15T (Index) -3.13 -1.81 -5.95 -6.79 -2.84 -1.53 -- -0.31
Performance Differential (NAV - Index) 0.00 -0.01 -0.07 -0.10 -0.13 -0.14 -- -0.14
Quarter End as of 30 Jun 2022 1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR ETF INCEPTION
ETF (NAV) -0.90 -2.44 -5.14 -5.80 -2.51 -1.38 -- -0.36
IBXXS15T (Index) -0.91 -2.41 -5.09 -5.69 -2.38 -1.24 -- -0.22
Performance Differential (NAV - Index) 0.01 -0.03 -0.05 -0.11 -0.13 -0.14 -- -0.14
Calendar Year as of 31 Dec 2021 2017 2018 2019 2020 2021
ETF (NAV) -0.84 -0.03 -0.20 -0.11 -1.41
IBXXS15T (Index) -0.69 0.11 -0.08 0.07 -1.29

Market Makers

Parties that are quoting in the Dutch-domiciled ETF’s managed by VanEck Asset Management B.V. are amongst the list of Market Makers and Authorized Participants mentioned above. This list however does not in all cases fully apply to the relevant ETF and/or relevant stock exchange. For up to date information, please contact us directly.

Top 10 Holdings (%) as of 31 Aug 2022 View All Holdings »

Total Holdings: 15
Holding Name
Coupon
Maturity
Composite
Rating
Country
Currency
% of Net
Assets
FRENCH REPUBLIC GOVERNMENT BOND OAT
2.750
25 Oct 2027
NR
France
EUR
11.5859
FRENCH REPUBLIC GOVERNMENT BOND OAT
0.500
25 May 2026
AA
France
EUR
9.2327
FRENCH REPUBLIC GOVERNMENT BOND OAT
0.000
25 Mar 2025
AA
France
EUR
9.1661
BUNDESREPUBLIK DEUTSCHLAND BUNDESANLEIH
0.500
15 Feb 2026
AAA
Germany
EUR
8.8727
BUNDESREPUBLIK DEUTSCHLAND BUNDESANLEIH
0.250
15 Feb 2027
AAA
Germany
EUR
8.6810
BUNDESREPUBLIK DEUTSCHLAND BUNDESANLEIH
0.500
15 Aug 2027
AAA
Germany
EUR
8.4384
KINGDOM OF BELGIUM GOVERNMENT BOND
0.800
22 Jun 2025
AA-
Belgium
EUR
6.5468
NETHERLANDS GOVERNMENT BOND
0.250
15 Jul 2025
AAA
Netherlands
EUR
5.7450
NETHERLANDS GOVERNMENT BOND
0.500
15 Jul 2026
AAA
Netherlands
EUR
5.4403
NETHERLANDS GOVERNMENT BOND
2.000
15 Jul 2024
AAA
Netherlands
EUR
5.2724
Top 10 Total (%) 78.98
These are not recommendations to buy or to sell any security. Securities and holdings may vary.Due to certain corporate actions, the holdings may contain shares with a very small weighting. In addition, more shares may be included in the portfolio than in the normal composition. During the review, these shares normally fall from the index.

Country Weightings (%) as of 31 Aug 2022

  • Country

    % of Net Assets
  • France

    29.77
  • Germany

    27.24
  • Belgium

    16.17
  • Netherlands

    15.30
  • Austria

    10.85
  • Other/Cash

    0.67

Currency Exposure (%)
as of 31 Aug 2022

  • Euro

    99.33
  • Other/Cash

    0.67

Sector Weightings (%) as of 31 Aug 2022

  • Sector

    % of Net Assets
  • Government Activity

    99.7
  • Other/Cash

    0.3

Credit Quality (%) as of 31 Aug 2022

Composite % of Net Assets
Investment Grade AAA 42.45
AA 57.22
Total Investment Grade -- 99.67

Maturity (%) as of 31 Aug 2022

 Average Maturity: 3.81 Years