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YMLI
VanEck Vectors High Income Infrastructure MLP ETF

  • Fund Description

    VanEck Vectors High Income Infrastructure MLP ETF (YMLI®) seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the Solactive High Income Infrastructure MLP Index (YMLITR).

  •  
      

    • Fund Ticker

      YMLI
    • Exchange

      NYSE Arca
    • Commencement

      02/11/2013
    • ETF Structure

      Physical
    • Administrator

      Van Eck Associates
    • Custodian

      Bank of New York Mellon
    • Index Ticker

      YMLITR
    • Index Rebalancing

      Annual
  •  
    as of 03/22/17

    • Total Net Assets

      $39.0M
    • Number of Holdings

      26
    • Options

      Expected
    • Management Fee2

      0.82%
    • Net Expense Ratio/TER2

      1.52%
    • Distribution Frequency

      Quarterly
    • Next Distribution Date

      05/12/17
  • Morningstar™ Ratings3
    as of 2/28/17

    Category Overall 3 Year 5 Year
    Energy Limited Partnership
       
    3 stars of 75 Funds
       
    3 stars of 75 Funds
    --
  • Key Points

    High Income Potential
    Underlying index targets high income MLPs with attractive yield and distribution characteristics
    Potential for Tax-Deferred Distributions 
    Fund is taxed as a corporation, allowing for potentially tax-deferred distributions, but may underperform its index during appreciating MLP markets
    Simplified Tax Reporting

    Fund shareholders receive Form 1099 instead of the complicated K-1s associated with direct MLP investments

  • Yield
    as of 02/28/17

    • 30-Day SEC Yield1

      -0.74%
    • Distribution Yield1

      7.47%
    • 12-Month Yield1

      7.01%
     1 See Important Disclosure for definitions.
    The 30-Day SEC Yield has been adjusted to reflect estimates for return of capital that would result in a reduction of income to the 30-Day SEC Yield calculation which may cause the yield to be negative.
  • Fees & Expenses2

    • Management Fee

      0.82%
    • Other Expenses

      --
    • Deferred Income Tax and Franchise Tax Expenses

      0.70%
    • Net Expense Ratio

      1.52%
    2The investment management agreement between VanEck Vectors ETF Trust (the “Trust”) and Van Eck Associates Corporation (the “Adviser”) provides that the Adviser will pay all expenses of the Fund, except for the fee payment under the investment management agreement, acquired fund fees and expenses, interest expense, offering costs, trading expenses, taxes (including accrued deferred tax liability) and extraordinary expenses. The fund’s accrued deferred tax liability, if any, is reflected each day in the fund’s net asset value per share and may vary greatly from year to year. State franchise taxes are separate and distinct from state income taxes. The fund is expected to absorb net operating losses and accrue net deferred tax expense primarily related to unrealized depreciation on investments and state franchise tax liability.
  • Tax Accrual as of 03/22/2017

    TAX ASSET
    Current Tax Asset --
    Deferred Tax Asset $2,574,252.90
    Net Tax Asset $2,574,252.90
    TAX LIABILITY
    Current Tax Liability $-524,420.10
    Deferred Tax Liability $0.00
    Net Tax Liability $0.00
    NET DEFERRED TAX ASSET/(LIABILITY)
    Net Deferred Tax Asset/(Liability) $2,574,252.90
    Valuation Allowance $-2,574,252.90
    Adjusted Net Deferred Tax Asset/(Liability) $0.00
    TAX RATE
    Effective Tax Rate 36.10%
  • Trading Information

    • Fund Ticker

      YMLI
    • Index Total Return Ticker

      YMLITR
    • NAV

      YMLINV
    • Intraday NAV (IIV)4

      YMLIIV
    • Shares Outstanding

      2,550,000
    • Estimated Cash

      YMLIEU
    • Total Cash

      YMLITC
    • CUSIP

      92189F569
    • ISIN

      US92189F5695
    4See IIV Details. Source: Bloomberg
  •  

  • Prices as of 03/22/17

    NAV/
    Last 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
    NAV
    Chart
    YMLI $15.31
    $15.36
    13,165
    1,782
    -$0.09 / -0.56%
    $-0.11 / -0.71%
    -0.9%
    -0.5%
    $0.05
    0.31%
  • View All IndicesView All ETFsPerformance History: Average Annual Total Returns* (%)

    1 MO3 MOYTD1 YR3 YR5 YR10 YRLIFE
    02/12/13
    YMLI (NAV)1.799.633.8569.38-1.20----1.94
    YMLI (Share Price)2.819.834.3169.51-1.10----2.03
    YMLITR (Index)1.479.393.5271.44-1.02----3.83
    Performance Differential (NAV - Index)0.320.240.33-2.06-0.18-----1.89
    Quarter End as of 12/31/16
    1 MO3 MOYTD1 YR3 YR5 YR10 YRLIFE
    02/12/13
    YMLI (NAV)5.566.2736.6436.64-2.35----1.03
    YMLI (Share Price)5.285.7836.5536.55-2.45----1.01
    YMLITR (Index)5.686.5037.7637.76-2.01----3.07
    Performance Differential (NAV - Index)-0.12-0.23-1.12-1.12-0.34-----2.04
  • Daily HoldingsTop 10 Holdings (%)as of 02/28/17

    Total Holdings: 25
    Holding Name
    Ticker
    SharesMarket Value
    (US$)
    % of Net
    Assets
    Crestwood Equity Partners Lp
    CEQP US
    117,810
    3,051,2797.76
    Energy Transfer Equity Lp
    ETE US
    144,699
    2,726,1296.93
    Williams Partners Lp
    WPZ US
    57,592
    2,320,9585.90
    Oneok Partners Lp
    OKS US
    35,982
    1,884,7374.79
    Enlink Midstream Partners Lp
    ENLK US
    97,515
    1,825,4814.64
    Tallgrass Energy Gp Lp
    TEGP US
    62,609
    1,778,7224.52
    Summit Midstream Partners Lp
    SMLP US
    72,284
    1,723,9734.38
    Dcp Midstream Lp
    DCP US
    43,022
    1,686,4624.29
    Western Gas Partners Lp
    WES US
    26,546
    1,650,3654.19
    Plains Gp Holdings Lp
    PAGP US
    49,793
    1,636,6964.16
    Top 10 Total (%)51.56
    These are not recommendations to buy or to sell any security. Securities and holdings may vary.
  • Sector Weightings (%) as of 02/28/17

    • Sector

      % of Net Assets
    • Energy

      98.7
    • Other/Cash

      1.3
  • Currency Exposure (%)
    as of 02/28/17

    • U.S. Dollar

      98.65
    • Other/Cash

      1.35
  • Country Weightings (%) as of 02/28/17

    • Country

      % of Net Assets
    • UNITED STATES

      96.05
    • CANADA

      2.60
    • Other/Cash

      1.35