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TGBT
VanEck Vectors iBoxx EUR Sovereign Diversified 1-10 UCITS ETF

Fund Description

The VanEck Vectors iBoxx EUR Sovereign Diversified 1-10 UCITS ETF comprises a portfolio of the 25 most liquid government bonds in the eurozone with time to maturity of one to ten years.

  • Targeted exposure to euro-denominated government bonds
  • Maximum weighting for one issuer of 20% or four bonds



Underlying Index

Markit iBoxx EUR Liquid Sovereign Diversified 1-10 Index

Fund Details
 

  • Fund Ticker

    TGBT
  • Management Company

    VanEck Asset Management B.V.
  • Custodian

    CACEIS Bank S.A., Netherlands branch
  • Domicile

    The Netherlands
  • Number of Holdings

    25
  • Index Ticker

    IES11TR
  • 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 27 Nov 2020

  • NAV1

    14.83
  • Shares Outstanding

    2,871,537
  • Number of Holdings

    25
  • Base Currency

    EUR
  • Net Assets

    €42.6M
  • Product Structure

    Physical (Full Replication)
  • Distribution Frequency

    Quarterly
  • Income Treatment

    Distributing
  • Total Expense Ratio

    0.15%
  • Fact Sheet
  • ETF Product List

Fundamentals3
as of 27 Nov 2020

  • Yield to Worst

    -0.34%
  • Yield to Maturity

    -0.34%
  • Effective Duration (yrs)

    7.23
  • Years to Maturity

    7.46
  • Modified Duration (yrs)

    7.22
  • Coupon

    0.84%
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. Duration to Worst measures the duration of a bond computed using the bond's nearest call date or maturity, whichever comes first. This measure ignores future cash flow fluctuations due to embedded optionality. 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 27 Nov 2020

Euronext
Amsterdam
EUR
Exchange Ticker TGBT
ISIN NL0009690254
SEDOL B3X6FC2
Bloomberg TGBT NA
Reuters (RIC) TGBT.AS
Telekurs 12744178
Bloomberg iNAV ITGBT
Reuters iNAV ITGBTINAV.PA
WKN A1J7LH
Trading Currency EUR
Last Traded Price 14.83
Day's Move 0.00
Volume 3,970
30 Day Volume 8,034
VWAP Volume 3,970
Euronext
Brussels
EUR
Exchange Ticker TGBT
ISIN NL0009690254
SEDOL BYYYS23
Bloomberg TGBT BB
Reuters (RIC) --
Telekurs 12744178
Bloomberg iNAV ITGBT
Reuters iNAV ITGBTINAV.PA
WKN A1J7LH
Trading Currency EUR
Last Traded Price 14.83
Day's Move 0.00
Volume 3,970
30 Day Volume 8,034
VWAP Volume 3,970
London
Stock Exchange
USD
Exchange Ticker TGBT
ISIN NL0009690254
SEDOL BZ5ZHW5
Bloomberg TGBT LN
Reuters (RIC) TGBT.L
Telekurs 12744178
Bloomberg iNAV ITGBT
Reuters iNAV ITGBTINAV.PA
WKN A1J7LH
Trading Currency USD
Last Traded Price 17.73
Day's Move 0.06
Volume 0
30 Day Volume 237
VWAP Volume 0
London
Stock Exchange
GBP
Exchange Ticker TGBG
ISIN NL0009690254
SEDOL BZ5ZJ18
Bloomberg TGBG LN
Reuters (RIC) TGBG.L
Telekurs 12744178
Bloomberg iNAV ITGBT
Reuters iNAV ITGBTINAV.PA
WKN A1J7LH
Trading Currency GBP
Last Traded Price 13.30
Day's Move 0.05
Volume 0
30 Day Volume 947
VWAP Volume 0
Deutsche
Börse
EUR
Exchange Ticker TGBT
ISIN NL0009690254
SEDOL BZ06CV7
Bloomberg TGBT GY
Reuters (RIC) TGBT.DE
Telekurs 12744178
Bloomberg iNAV ITGBT
Reuters iNAV ITGBTINAV.PA
WKN A1J7LH
Trading Currency EUR
Last Traded Price 14.83
Day's Move 0.00
Volume 0
30 Day Volume 434
VWAP Volume 0
SIX
Swiss Exchange
CHF
Exchange Ticker TGBT
ISIN NL0009690254
SEDOL BJLT235
Bloomberg TGBT SE
Reuters (RIC) TGBT.S
Telekurs 12744178
Bloomberg iNAV ITGBT
Reuters iNAV ITGBTINAV.PA
WKN A1J7LH
Trading Currency CHF
Last Traded Price 16.02
Day's Move 0.00
Volume 0
30 Day Volume --
VWAP Volume 0
Borsa
Italiana
EUR
Exchange Ticker TGBT
ISIN NL0009690254
SEDOL B3X6FC2
Bloomberg TGBT IM
Reuters (RIC) TGBT.MI
Telekurs 12744178
Bloomberg iNAV ITGBT
Reuters iNAV ITGBTINAV.PA
WKN A1J7LH
Trading Currency EUR
Last Traded Price 14.82
Day's Move -0.01
Volume 0
30 Day Volume 45
VWAP Volume 0

NAVs as of 27 Nov 2020

Base
Currency
NAV Daily
Change
NAV
YTD
Change
NAV
NAV Price
History
Total
Expense
Ratio
TGBT EUR €14.83 €0.00 / -0.01% +3.52%
0.15

Performance History: Average Annual Total Returns* (%)

Month End as of 31 Oct 2020 1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR ETF INCEPTION
ETF (NAV) 0.79 1.23 3.33 1.67 3.01 2.48 -- 4.60
IES11TR (Index) 0.80 1.27 3.46 1.79 3.13 2.62 -- 4.62
Performance Differential (NAV - Index) -0.01 -0.04 -0.13 -0.12 -0.12 -0.14 -- -0.02
Quarter End as of 30 Sep 2020 1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR ETF INCEPTION
ETF (NAV) 1.10 1.12 2.52 -0.10 3.04 2.52 -- 4.55
IES11TR (Index) 1.12 1.15 2.64 0.03 3.17 2.65 -- 4.57
Performance Differential (NAV - Index) -0.02 -0.03 -0.12 -0.13 -0.13 -0.13 -- -0.02

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 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 Oct 2020 View All Holdings »

Total Holdings: 25
Holding Name
Coupon
Maturity
Composite
Rating
Country
Currency
% of Net
Assets
FRENCH REPUBLIC GOVERNMENT BOND OAT
0.750
25 May 2028
AA
France
EUR
5.2703
BUNDESREPUBLIK DEUTSCHLAND BUNDESANLEIH
0.250
15 Feb 2027
AAA
Germany
EUR
5.2248
BUNDESREPUBLIK DEUTSCHLAND BUNDESANLEIH
0.500
15 Aug 2027
AAA
Germany
EUR
5.1570
FRENCH REPUBLIC GOVERNMENT BOND OAT
0.000
25 Nov 2029
AA
France
EUR
4.9499
FRENCH REPUBLIC GOVERNMENT BOND OAT
0.750
25 Nov 2028
AA
France
EUR
4.9171
BUNDESREPUBLIK DEUTSCHLAND BUNDESANLEIH
0.250
15 Feb 2029
AAA
Germany
EUR
4.8794
FRENCH REPUBLIC GOVERNMENT BOND OAT
0.000
25 Mar 2025
AA
France
EUR
4.7110
SPAIN GOVERNMENT BOND
1.250
31 Oct 2030
A
Spain
EUR
4.5977
ITALY BUONI POLIENNALI DEL TESORO
2.000
01 Feb 2028
BBB
Italy
EUR
4.5954
ITALY BUONI POLIENNALI DEL TESORO
3.000
01 Aug 2029
BBB
Italy
EUR
4.5061
Top 10 Total (%) 48.82
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 Oct 2020

  • Country

    % of Net Assets
  • France

    19.90
  • Germany

    19.79
  • Italy

    17.71
  • Spain

    17.39
  • Belgium

    11.48
  • Netherlands

    11.08
  • Austria

    2.24
  • Other/Cash

    0.42

Currency Exposure (%)
as of 31 Oct 2020

  • Euro

    99.58
  • Other/Cash

    0.42

Credit Quality (%) as of 31 Oct 2020

Composite % of Net Assets
Investment Grade AAA 30.79
AA 33.54
A 17.35
BBB 17.66
Total Investment Grade -- 99.35
Source: Bloomberg. Rating is a proprietary composite of various rating agencies. A bond must be rated by two or more rating agencies to receive a composite rating; otherwise it is classified as Not Rated.

Maturity (%) as of 31 Oct 2020

 Average Maturity: 7.52 Years

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An investment in the promoted investment funds may only be made based on the investment fund’s official sales prospectus, the relevant supplement and KIID and will be subject to the terms and conditions contained therein.

You can lose money by investing in the Funds. The value of the investments may go up or down and the investor may not get back the amount invested. Past performance is not a guide to future performance and should not be the sole factor of consideration when selecting a product. Any investment in a fund should be part of an overall investment program, not a complete program. An investor should consider investment objectives, risks, charges, and expenses of the investment carefully before investing.

Investment fund investing involves risk, including possible loss of principal. Investors should consult the prospectus and key investor information document ("KIID") before subscribing to any fund. The prospectus, the key investor information documents and the financial reports can be obtained free of charge from this website and upon request from the funds’ registered office and the offices of all local information agents. The documents, except for KIIDs, are only available in English and certain other languages as applicable.

Performance data for the Irish domiciled funds is displayed on a Net Asset Value basis, in Base Currency terms, with net income reinvested, net of fees. Brokerage or transaction fees will apply. Performance data for the Dutch domiciled ETFs include income distributions gross of Dutch withholding tax, net of fees and assume that the Dutch dividend withholding tax levied from the dividend payment of the ETF will be deducted or reclaimed with the Dutch tax authority and is reinvested. Different investor types and investors from other jurisdictions may not be able to achieve the same level of performance due to their tax status and local tax rules. Brokerage or transaction fees will apply. The Dutch domiciled ETFs use a gross reinvestment index. Please note that the performance includes income distributions gross of Dutch withholding tax because Dutch investors deduct or reclaim the 15% Dutch withholding tax levied. Different investor types and investors from other jurisdictions may not be able to achieve the same level of performance due to their tax status and local tax rules. For more information please be referred to the respective fund’s performance section on this website.

The sales prospectus and KIID contain this and other information. Please read the sales prospectus and KIID carefully before investing.

Not Insured — No Bank Guarantee — May Lose Value