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

Fund Description

The VanEck Vectors iBoxx EUR Sovereign Capped AAA-AA 1-5 UCITS ETF comprises 15 government bonds with investment-grade ratings, which have a remaining maturity time of between one and five years.

  • Targeted exposure to euro-denominated government bonds with a rating of AA or higher
  • 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 14 May 2021

  • NAV1

    20.84
  • Shares Outstanding

    8,171,000
  • Number of Holdings

    15
  • Base Currency

    EUR
  • Net Assets

    €170.3M
  • Product Structure

    Physical (Full Replication)
  • Distribution Frequency

    Quarterly
  • Income Treatment

    Distributing
  • Total Expense Ratio

    0.15%
  • Fact Sheet
  • ETF Product List
  • Fund Holiday Calendar

Fundamentals3
as of 13 May 2021

  • Yield to Worst

    -0.53%
  • Yield to Maturity

    -0.53%
  • Effective Duration (yrs)

    3.56
  • Years to Maturity

    3.61
  • Modified Duration (yrs)

    3.56
  • Coupon

    1.43%
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 14 May 2021

Euronext
Amsterdam
EUR
Exchange Ticker TAT
ISIN NL0010273801
SEDOL B8S0TC2
Bloomberg TAT NA
Reuters (RIC) TAT.AS
Telekurs 20070610
Bloomberg iNAV ITAT
Reuters iNAV ITATINAV.PA
WKN A1T84N
Trading Currency EUR
Last Traded Price 20.85
Day's Move 0.01
Volume 44,069
30 Day Volume 23,075
VWAP Volume 44,069
Euronext
Brussels
EUR
Exchange Ticker TAT
ISIN NL0010273801
SEDOL BYYYRY8
Bloomberg TAT BB
Reuters (RIC) --
Telekurs 20070610
Bloomberg iNAV ITAT
Reuters iNAV ITATINAV.PA
WKN A1T84N
Trading Currency EUR
Last Traded Price 20.85
Day's Move 0.01
Volume 44,069
30 Day Volume 23,075
VWAP Volume 44,069
London
Stock Exchange
USD
Exchange Ticker VAAA
ISIN NL0010273801
SEDOL BZ5ZHV4
Bloomberg VAAA LN
Reuters (RIC) VAAA.L
Telekurs 20070610
Bloomberg iNAV ITAT
Reuters iNAV ITATINAV.PA
WKN A1T84N
Trading Currency USD
Last Traded Price 25.29
Day's Move 0.13
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
Telekurs 20070610
Bloomberg iNAV ITAT
Reuters iNAV ITATINAV.PA
WKN A1T84N
Trading Currency GBP
Last Traded Price 17.95
Day's Move 0.03
Volume 0
30 Day Volume --
VWAP Volume 0
Deutsche
Börse
EUR
Exchange Ticker VIGB
ISIN NL0010273801
SEDOL BZ06CX9
Bloomberg VIGB GY
Reuters (RIC) VIGB.DE
Telekurs 20070610
Bloomberg iNAV ITAT
Reuters iNAV ITATINAV.PA
WKN A1T84N
Trading Currency EUR
Last Traded Price 20.84
Day's Move 0.00
Volume 25
30 Day Volume 68
VWAP Volume 25
SIX
Swiss Exchange
CHF
Exchange Ticker VAAA
ISIN NL0010273801
SEDOL BJLT2H9
Bloomberg VAAA SE
Reuters (RIC) VAAA.S
Telekurs 20070610
Bloomberg iNAV ITAT
Reuters iNAV ITATINAV.PA
WKN A1T84N
Trading Currency CHF
Last Traded Price 22.86
Day's Move -0.04
Volume 0
30 Day Volume --
VWAP Volume 0
Borsa
Italiana
EUR
Exchange Ticker TAT
ISIN NL0010273801
SEDOL B8S0TC2
Bloomberg TAT IM
Reuters (RIC) TAT.MI
Telekurs 20070610
Bloomberg iNAV ITAT
Reuters iNAV ITATINAV.PA
WKN A1T84N
Trading Currency EUR
Last Traded Price 20.85
Day's Move 0.02
Volume 0
30 Day Volume 16
VWAP Volume 0

NAVs as of 14 May 2021

Base
Currency
NAV Daily
Change
NAV
YTD
Change
NAV
NAV Price
History
Total
Expense
Ratio
TAT EUR €20.84 €0.00 / +0.00% -0.88%
0.15

Performance History: Average Annual Total Returns* (%)

Month End as of 30 Apr 2021 1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR ETF INCEPTION
ETF (NAV) -0.22 -0.56 -0.65 -0.82 -0.23 -0.24 -- 0.30
IBXXS15T (Index) -0.21 -0.54 -0.61 -0.67 -0.09 -0.11 -- 0.45
Performance Differential (NAV - Index) -0.01 -0.02 -0.04 -0.15 -0.14 -0.13 -- -0.15
Quarter End as of 31 Mar 2021 1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR ETF INCEPTION
ETF (NAV) 0.15 -0.43 -0.43 -0.43 -0.20 -0.24 -- 0.33
IBXXS15T (Index) 0.16 -0.40 -0.40 -0.29 -0.06 -0.10 -- 0.48
Performance Differential (NAV - Index) -0.01 -0.03 -0.03 -0.14 -0.14 -0.14 -- -0.15

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 30 Apr 2021 View All Holdings »

Total Holdings: 15
Holding Name
Coupon
Maturity
Composite
Rating
Country
Currency
% of Net
Assets
FRENCH REPUBLIC GOVERNMENT BOND OAT
4.250
25 Oct 2023
NR
France
EUR
10.4990
FRENCH REPUBLIC GOVERNMENT BOND OAT
1.750
25 May 2023
NR
France
EUR
10.1795
BUNDESREPUBLIK DEUTSCHLAND BUNDESANLEIH
0.500
15 Feb 2026
NR
Germany
EUR
9.4351
FRENCH REPUBLIC GOVERNMENT BOND OAT
0.000
25 Mar 2025
NR
France
EUR
9.2986
BUNDESREPUBLIK DEUTSCHLAND BUNDESANLEIH
0.000
15 Aug 2026
NR
Germany
EUR
8.9174
BUNDESREPUBLIK DEUTSCHLAND BUNDESANLEIH
1.000
15 Aug 2025
NR
Germany
EUR
8.6979
KINGDOM OF BELGIUM GOVERNMENT BOND
0.800
22 Jun 2025
NR
Belgium
EUR
6.0853
NETHERLANDS GOVERNMENT BOND
1.750
15 Jul 2023
NR
Netherlands
EUR
5.5171
NETHERLANDS GOVERNMENT BOND
0.250
15 Jul 2025
NR
Netherlands
EUR
5.4539
NETHERLANDS GOVERNMENT BOND
0.500
15 Jul 2026
NR
Netherlands
EUR
5.1471
Top 10 Total (%) 79.25
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 30 Apr 2021

  • Country

    % of Net Assets
  • France

    29.99
  • Germany

    27.36
  • Belgium

    16.34
  • Netherlands

    15.40
  • Austria

    10.90
  • Other/Cash

    0.02

Currency Exposure (%)
as of 30 Apr 2021

  • Euro

    99.98
  • Other/Cash

    0.02

Credit Quality (%) as of 30 Apr 2021

Composite % of Net Assets
Investment Grade AA 10.65
Total Investment Grade -- 10.65
Not Rated -- 89.29
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 30 Apr 2021

 Average Maturity: 3.63 Years