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TGBT
VanEck iBoxx EUR Sovereign Diversified 1-10 UCITS ETF

Fund Description

Put safety first and diversify your risk by investing in governments. Our ETF tracks 25 of the most liquid government bonds in the eurozone.

  • Targeted exposure to euro-denominated government bonds
  • Remaining maturities of one to ten years
  • Maximum weighting for one issuer of 20%



Underlying Index

Markit iBoxx EUR Liquid Sovereign Diversified 1-10 Index

Fund Details
 

  • Fund Ticker

    TGBT
  • Management Company

    VanEck Asset Management B.V.
  • Custodian

    State Street Bank International GmbH, Amsterdam 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 26 Sep 2022

  • NAV1

    11.83
  • Shares Outstanding

    2,096,537
  • Number of Holdings

    25
  • Base Currency

    EUR
  • Net Assets

    €24.8M
  • Product Structure

    Physical (Full Replication)
  • Income Treatment

    Distributing
  • Distribution Frequency

    Quarterly
  • Total Expense Ratio

    0.15%
  • SFDR Classification

    Article 6
  • Fact Sheet
  • VanEck Product List
  • Fund Holiday Calendar

Fundamentals3
as of 26 Sep 2022

  • Yield to Worst

    2.73%
  • Yield to Maturity

    2.73%
  • Effective Duration (yrs)

    7.31
  • Years to Maturity

    7.56
  • Modified Duration (yrs)

    7.30
  • Coupon

    0.51%
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 26 Sep 2022

Euronext
Amsterdam
EUR
Exchange Ticker TGBT
ISIN NL0009690254
SEDOL B3X6FC2
Bloomberg TGBT NA
Reuters (RIC) TGBT.AS
Valor 12744178
Bloomberg iNAV ITGBT
Reuters iNAV ITGBTINAV.PA
WKN A1J7LH
Trading Currency EUR
Last Traded Price 11.82
Day's Move -0.08
Volume 3,821
30 Day Volume 2,794
VWAP Volume 3,821
Euronext
Brussels
EUR
Exchange Ticker TGBT
ISIN NL0009690254
SEDOL BYYYS23
Bloomberg TGBT BB
Reuters (RIC) --
Valor 12744178
Bloomberg iNAV ITGBT
Reuters iNAV ITGBTINAV.PA
WKN A1J7LH
Trading Currency EUR
Last Traded Price 11.82
Day's Move -0.08
Volume 3,821
30 Day Volume 2,794
VWAP Volume 3,821
London
Stock Exchange
USD
Exchange Ticker TGBT
ISIN NL0009690254
SEDOL BZ5ZHW5
Bloomberg TGBT LN
Reuters (RIC) TGBT.L
Valor 12744178
Bloomberg iNAV ITGBT
Reuters iNAV ITGBTINAV.PA
WKN A1J7LH
Trading Currency USD
Last Traded Price 11.39
Day's Move -0.16
Volume 0
30 Day Volume --
VWAP Volume 0
London
Stock Exchange
GBP
Exchange Ticker TGBG
ISIN NL0009690254
SEDOL BZ5ZJ18
Bloomberg TGBG LN
Reuters (RIC) TGBG.L
Valor 12744178
Bloomberg iNAV ITGBT
Reuters iNAV ITGBTINAV.PA
WKN A1J7LH
Trading Currency GBP
Last Traded Price 10.53
Day's Move -0.04
Volume 0
30 Day Volume --
VWAP Volume 0
Deutsche
Börse
EUR
Exchange Ticker TGBT
ISIN NL0009690254
SEDOL BZ06CV7
Bloomberg TGBT GY
Reuters (RIC) TGBT.DE
Valor 12744178
Bloomberg iNAV ITGBT
Reuters iNAV ITGBTINAV.PA
WKN A1J7LH
Trading Currency EUR
Last Traded Price 11.82
Day's Move -0.08
Volume 0
30 Day Volume 1,344
VWAP Volume 0
SIX
Swiss Exchange
CHF
Exchange Ticker TGBT
ISIN NL0009690254
SEDOL BJLT235
Bloomberg TGBT SE
Reuters (RIC) TGBT.S
Valor 12744178
Bloomberg iNAV ITGBT
Reuters iNAV ITGBTINAV.PA
WKN A1J7LH
Trading Currency CHF
Last Traded Price 11.29
Day's Move -0.14
Volume 0
30 Day Volume 293
VWAP Volume 0
Borsa
Italiana
EUR
Exchange Ticker TGBT
ISIN NL0009690254
SEDOL B3X6FC2
Bloomberg TGBT IM
Reuters (RIC) TGBT.MI
Valor 12744178
Bloomberg iNAV ITGBT
Reuters iNAV ITGBTINAV.PA
WKN A1J7LH
Trading Currency EUR
Last Traded Price 11.81
Day's Move -0.07
Volume 0
30 Day Volume 19
VWAP Volume 0

NAVs as of 26 Sep 2022

Base
Currency
NAV Daily
Change
NAV
YTD
Change
NAV
NAV Price
History
Total
Expense
Ratio
TGBT EUR €11.83 €-0.07 / -0.59% -16.49%
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) -5.33 -3.10 -12.90 -14.58 -5.27 -1.41 1.59 2.35
IES11TR (Index) -5.37 -3.12 -12.86 -14.50 -5.16 -1.29 1.67 2.38
Performance Differential (NAV - Index) 0.04 0.02 -0.04 -0.08 -0.11 -0.12 -0.08 -0.03
Quarter End as of 30 Jun 2022 1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR ETF INCEPTION
ETF (NAV) -1.60 -6.31 -11.55 -12.41 -3.81 -0.91 1.92 2.53
IES11TR (Index) -1.61 -6.30 -11.50 -12.30 -3.68 -0.78 2.01 2.56
Performance Differential (NAV - Index) 0.01 -0.01 -0.05 -0.11 -0.13 -0.13 -0.09 -0.03
Calendar Year as of 31 Dec 2021 2017 2018 2019 2020 2021
ETF (NAV) 0.35 1.03 5.14 3.51 -2.81
IES11TR (Index) 0.52 1.17 5.24 3.66 -2.67

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: 25
Holding Name
Coupon
Maturity
Composite
Rating
Country
Currency
% of Net
Assets
FRENCH REPUBLIC GOVERNMENT BOND OAT
0.500
25 May 2029
AA
France
EUR
5.6578
BUNDESREPUBLIK DEUTSCHLAND BUNDESANLEIH
0.000
15 Aug 2030
AAA
Germany
EUR
5.5272
FRENCH REPUBLIC GOVERNMENT BOND OAT
0.000
25 Mar 2025
AA
France
EUR
5.0425
BUNDESREPUBLIK DEUTSCHLAND BUNDESANLEIH
0.000
15 Aug 2031
NR
Germany
EUR
4.9862
SPAIN GOVERNMENT BOND
1.250
31 Oct 2030
BBB+
Spain
EUR
4.9024
FRENCH REPUBLIC GOVERNMENT BOND OAT
0.000
25 Nov 2030
AA
France
EUR
4.8027
ITALY BUONI POLIENNALI DEL TESORO
3.000
01 Aug 2029
BBB-
Italy
EUR
4.8000
BUNDESREPUBLIK DEUTSCHLAND BUNDESANLEIH
0.000
15 Aug 2029
AAA
Germany
EUR
4.6828
BUNDESREPUBLIK DEUTSCHLAND BUNDESANLEIH
0.000
15 Feb 2032
NR
Germany
EUR
4.5625
SPAIN GOVERNMENT BOND
0.500
30 Apr 2030
NR
Spain
EUR
4.5152
Top 10 Total (%) 49.48
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

    19.85
  • Germany

    19.83
  • Italy

    17.61
  • Spain

    17.38
  • Belgium

    11.19
  • Netherlands

    11.18
  • Portugal

    2.53
  • Other/Cash

    0.43

Currency Exposure (%)
as of 31 Aug 2022

  • Euro

    99.57
  • Other/Cash

    0.43

Sector Weightings (%) as of 31 Aug 2022

  • Sector

    % of Net Assets
  • Government Activity

    99.6
  • Other/Cash

    0.4

Credit Quality (%) as of 31 Aug 2022

Composite % of Net Assets
Investment Grade AAA 25.96
AA 31.34
BBB 35.26
Total Investment Grade -- 92.57

Maturity (%) as of 31 Aug 2022

 Average Maturity: 7.64 Years