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YMLP
VanEck Vectors High Income MLP ETF

  • Fund Description

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

  •  
      

    • Fund Ticker

      YMLP
    • Exchange

      NYSE Arca
    • Commencement

      03/12/2012
    • ETF Structure

      Physical
    • Administrator

      Van Eck Associates
    • Custodian

      Bank of New York Mellon
    • Index Ticker

      YMLPTR
    • Index Rebalancing

      Annual
  •  
    as of 03/23/17

    • Total Net Assets

      $86.6M
    • Number of Holdings

      25
    • Options

      Available
    • Management Fee2

      0.82%
    • Net Expense Ratio/TER2

      0.85%
    • Distribution Frequency

      Quarterly
    • Next Distribution Date

      05/12/17
  • 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

      -0.73%
    • Distribution Yield1

      8.19%
    • 12-Month Yield1

      8.08%
     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

      0.03%
    • Net Expense Ratio

      0.85%
    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 $68,923,229.52
    Net Tax Asset $68,923,229.52
    TAX LIABILITY
    Current Tax Liability $-406,567.48
    Deferred Tax Liability $0.00
    Net Tax Liability $0.00
    NET DEFERRED TAX ASSET/(LIABILITY)
    Net Deferred Tax Asset/(Liability) $68,923,229.52
    Valuation Allowance $-68,923,229.52
    Adjusted Net Deferred Tax Asset/(Liability) $0.00
    TAX RATE
    Effective Tax Rate 38.06%
  • Trading Information

    • Fund Ticker

      YMLP
    • Index Total Return Ticker

      YMLPTR
    • NAV

      YMLPNV
    • Intraday NAV (IIV)4

      YMLPIV
    • Shares Outstanding

      3,419,161
    • Estimated Cash

      YMLPEU
    • Total Cash

      YMLPTC
    • CUSIP

      92189F288
    • ISIN

      US92189F2882
    4See IIV Details. Source: Bloomberg
  •  

  • Prices as of 03/23/17

    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
    YMLP $25.33
    $25.30
    20,741
    9,117
    $0.20 / +0.82%
    $0.21 / +0.84%
    -1.1%
    -1.3%
    $-0.03
    -0.13%
  • View All IndicesView All ETFsPerformance History: Average Annual Total Returns* (%)

    1 MO3 MOYTD1 YR3 YR5 YR10 YRLIFE
    03/13/12
    YMLP (NAV)-2.595.762.7760.42-25.68-----15.07
    YMLP (Share Price)-3.175.642.4160.13-25.80-----15.14
    YMLPTR (Index)-2.995.492.4261.59-26.55-----14.18
    Performance Differential (NAV - Index)0.400.270.35-1.170.87-----0.89
    Quarter End as of 12/31/16
    1 MO3 MOYTD1 YR3 YR5 YR10 YRLIFE
    03/13/12
    YMLP (NAV)2.913.5325.6425.64-26.17-----16.01
    YMLP (Share Price)3.153.2926.1626.16-26.22-----16.03
    YMLPTR (Index)2.993.7825.1525.15-26.83-----15.05
    Performance Differential (NAV - Index)-0.08-0.250.490.490.66-----0.96
  • Daily HoldingsTop 10 Holdings (%)as of 02/28/17

    Total Holdings: 21
    Holding Name
    Ticker
    SharesMarket Value
    (US$)
    % of Net
    Assets
    Ngl Energy Partners Lp
    NGL US
    444,838
    9,875,40410.49
    Alliance Holdings Gp Lp
    AHGP US
    254,848
    7,288,6537.74
    Alliance Resource Partners Lp
    ARLP US
    285,988
    6,534,8266.94
    Archrock Partners Lp
    APLP US
    327,436
    5,844,7336.21
    Usa Compression Partners Lp
    USAC US
    325,278
    5,780,1906.14
    Golar Lng Partners Lp
    GMLP US
    252,738
    5,696,7156.05
    Global Partners Lp/Ma
    GLP US
    268,480
    5,302,4805.63
    Gaslog Partners Lp
    GLOP US
    216,108
    5,143,3705.46
    Westlake Chemical Partners Lp
    WLKP US
    197,422
    4,965,1635.28
    Knot Offshore Partners Lp
    KNOP US
    218,866
    4,825,9955.13
    Top 10 Total (%)65.09
    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

      77.7
    • Materials

      12.6
    • Utilities

      9.1
    • Other/Cash

      0.5
  • Currency Exposure (%)
    as of 02/28/17

    • U.S. Dollar

      99.45
    • Other/Cash

      0.55
  • Country Weightings (%) as of 02/28/17

    • Country

      % of Net Assets
    • UNITED STATES

      78.66
    • UNITED KINGDOM

      11.18
    • MONACO

      5.46
    • TURKEY

      4.15
    • Other/Cash

      0.55