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TDIV
VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF

Index Description

The Morningstar® Developed Markets Large Cap Dividend Leaders Index™ is composed of the top 100 positions based on dividend yield which satisfy the screening criteria, including companies that display consistency and sustainability in dividend payment patterns. The weight of a share within the Morningstar® Developed Markets Large Cap Dividend Leaders Index™ is determined based on the  total dividend paid. The index has a 40% sector cap.

Index Key Points

Underlying Index
Morningstar Developed Markets Large Cap Dividend Leaders Index (MSDMDLGE)

Index composition
Shares must meet the following criteria to be included in the index:

• The dividend has been paid in the past 12 months.
• The dividend TTM dividend per share is not lower than the TTM dividend per share 5 years ago.
• The forward dividend payout ratio is less than 75%.
• The index then selects the 100 shares with the highest dividend yield. The weight of each share is based on the total dividend paid.
• The maximum weight of a share at the time of review is 5%.
• The maximum weight of a sector at the time of review is 40%.
• The index is reconstituted and rebalanced semi-annually, in June and December.

     

    Index Provider

    Morningstar

     

    Download Index Methodology

    Index Information

    • Index Provider

      Morningstar

    • Index Type

      Total Return

    • Currency

      EUR

    • Inception Date

      16 Dec 2005

    • Reconstitution Frequency

      Semi-Annually

    • Bloomberg Ticker

      MSDMDLGE

    • Reuters Ticker

      .MSF00000X1LU

    Index Top 10 Constituents (%) as of 30 Sep 2022

    Total Constituents: 100
    Constituent Name
    Ticker
    		Weightings (%)
    Exxon Mobil Corp
    XOM US
    		5.16
    Abbvie Inc
    ABBV US
    		4.91
    Verizon Communications Inc
    VZ US
    		4.49
    Novartis Ag-Reg
    NOVN VX
    		3.91
    Rio Tinto Plc
    RIO LN
    		3.15
    Totalenergies Se
    TTE FP
    		3.08
    Altria Group Inc
    MO US
    		3.01
    British American Tobacco Plc
    BATS LN
    		2.85
    Intl Business Machines Corp
    IBM US
    		2.83
    Bnp Paribas
    BNP FP
    		2.76
    Top 10 Total (%) 36.15
    These are not recommendations to buy or to sell any security. Securities and holdings may vary.

    Index Country Weightings (%) as of 30 Sep 2022

    • Country

      Weightings (%)
    • ■

      United States

      28.3
    • ■

      France

      11.1
    • ■

      Germany

      10.5
    • ■

      Japan

      10.4
    • ■

      Canada

      9.2
    • ■

      United Kingdom

      7.8
    • ■

      Switzerland

      6.6
    • ■

      Singapore

      2.8
    • ■

      Italy

      2.4
    • ■

      Finland

      1.8
    • ■

      Australia

      1.8
    • ■

      Hong Kong

      1.3
    • ■

      Spain

      1.2
    • ■

      Sweden

      1.0
    • ■

      Netherlands

      1.0
    • ■

      Norway

      0.9
    • ■

      Denmark

      0.8
    • ■

      Austria

      0.5
    • ■

      Belgium

      0.4
    • ■

      Israel

      0.1
    • ■

      Poland

      0.1

    Index Sector Weightings (%) as of 30 Sep 2022

    • Sector

      Weightings (%)
    • ■

      Financials

      33.6
    • ■

      Health Care

      12.5
    • ■

      Energy

      11.4
    • ■

      Consumer Staples

      8.0
    • ■

      Materials

      7.9
    • ■

      Utilities

      7.6
    • ■

      Communication Services

      6.2
    • ■

      Consumer Discretionary

      4.3
    • ■

      Industrials

      3.6
    • ■

      Information Technology

      2.8
    • ■

      Real Estate

      1.6
    • ■

      OTHERS

      0.4

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