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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

    KAS BANK N.V.
  • 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 29 Sep 2020

  • NAV1

    21.21
  • Shares Outstanding

    8,936,000
  • Number of Holdings

    15
  • Base Currency

    EUR
  • Net Assets

    €189.6M
  • Product Structure

    Physical (Full Replication)
  • Distribution Frequency

    Quarterly
  • Income Treatment

    Distributing
  • Total Expense Ratio

    0.15%
  • Fact Sheet
  • ETF Product List
afm_english_risicoscore_2.jpg

Fundamentals3
as of 29 Sep 2020

  • Yield to Worst

    -0.68%
  • Yield to Maturity

    -0.68%
  • Effective Duration (yrs)

    3.63
  • Years to Maturity

    3.70
  • Modified Duration (yrs)

    3.63
  • Coupon

    1.76%
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 29 Sep 2020

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 21.21
Day's Move 0.00
Volume 20,155
30 Day Volume 42,191
VWAP Volume 20,155
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 21.21
Day's Move 0.00
Volume 20,155
30 Day Volume 42,191
VWAP Volume 20,155
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 24.90
Day's Move 0.19
Volume 0
30 Day Volume --
VWAP Volume 0
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 19.36
Day's Move 0.14
Volume 0
30 Day Volume 2
VWAP Volume 0
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 21.21
Day's Move 0.01
Volume 0
30 Day Volume 199
VWAP Volume 0
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 0.03
Volume 0
30 Day Volume --
VWAP Volume 0
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 21.22
Day's Move 0.05
Volume 0
30 Day Volume 133
VWAP Volume 0

NAVs as of 29 Sep 2020

Base
Currency
NAV Daily
Change
NAV
YTD
Change
NAV
NAV Price
History
Total
Expense
Ratio
TAT EUR €21.21 €0.01 / +0.03% +0.02%
0.15

Performance History: Average Annual Total Returns* (%)

1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR ETF INCEPTION
ETF (NAV) -0.23 -0.03 -0.23 -1.52 -0.30 0.10 -- 0.40
IBXXS15T (Index) -0.22 0.01 -0.10 -1.37 -0.16 0.24 -- 0.55
Performance Differential (NAV - Index) -0.01 -0.04 -0.13 -0.15 -0.14 -0.14 -- -0.15
1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR ETF INCEPTION
ETF (NAV) 0.15 0.06 -0.05 -0.86 -0.07 0.16 -- 0.43
IBXXS15T (Index) 0.17 0.09 0.06 -0.71 0.08 0.30 -- 0.58
Performance Differential (NAV - Index) -0.02 -0.03 -0.11 -0.15 -0.15 -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 (%) View All Holdings » as of 31 Aug 2020

Total Holdings: 15
Holding Name
Coupon
Maturity
Composite
Rating
Country
Currency
% of Net
Assets
FRENCH REPUBLIC GOVERNMENT BOND OAT
4.250
25 Oct 2023
AA
France
EUR
10.3953
FRENCH REPUBLIC GOVERNMENT BOND OAT
3.000
25 Apr 2022
AA
France
EUR
9.8642
FRENCH REPUBLIC GOVERNMENT BOND OAT
1.750
25 May 2023
AA
France
EUR
9.2771
BUNDESREPUBLIK DEUTSCHLAND BUNDESANLEIH
1.000
15 Aug 2025
AAA
Germany
EUR
9.1810
BUNDESREPUBLIK DEUTSCHLAND BUNDESANLEIH
0.500
15 Feb 2025
AAA
Germany
EUR
8.9243
BUNDESREPUBLIK DEUTSCHLAND BUNDESANLEIH
1.750
04 Jul 2022
AAA
Germany
EUR
8.5324
NETHERLANDS GOVERNMENT BOND
1.750
15 Jul 2023
AAA
Netherlands
EUR
5.7983
KINGDOM OF BELGIUM GOVERNMENT BOND
4.250
28 Sep 2022
AA
Belgium
EUR
5.4084
KINGDOM OF BELGIUM GOVERNMENT BOND
0.800
22 Jun 2025
AA
Belgium
EUR
5.2314
KINGDOM OF BELGIUM GOVERNMENT BOND
2.600
22 Jun 2024
AA
Belgium
EUR
5.1931
Top 10 Total (%) 77.80
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 2020

  • Country

    % of Net Assets
  • France

    30.00
  • Germany

    26.69
  • Belgium

    16.06
  • Netherlands

    15.42
  • Austria

    11.38
  • Other/Cash

    0.45

Currency Exposure (%)
as of 31 Aug 2020

  • Euro

    99.55
  • Other/Cash

    0.45

Credit Quality (%) as of 31 Aug 2020

Composite % of Net Assets
Investment Grade AAA 41.73
AA 56.92
Total Investment Grade -- 98.65
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 31 Aug 2020

 Average Maturity: 3.76 Years

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You can lose money by investing in the Funds. The value of the investments may go up or down and the investor may not get back the amount invested. Past performance is not a guide to future performance and should not be the sole factor of consideration when selecting a product. Any investment in a fund should be part of an overall investment program, not a complete program. An investor should consider investment objectives, risks, charges, and expenses of the investment carefully before investing.

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Performance data for the Irish domiciled funds is displayed on a Net Asset Value basis, in Base Currency terms, with net income reinvested, net of fees. Brokerage or transaction fees will apply. Performance data for the Dutch domiciled ETFs include income distributions gross of Dutch withholding tax, net of fees and assume that the Dutch dividend withholding tax levied from the dividend payment of the ETF will be deducted or reclaimed with the Dutch tax authority and is reinvested. Different investor types and investors from other jurisdictions may not be able to achieve the same level of performance due to their tax status and local tax rules. Brokerage or transaction fees will apply. The Dutch domiciled ETFs use a gross reinvestment index. Please note that the performance includes income distributions gross of Dutch withholding tax because Dutch investors deduct or reclaim the 15% Dutch withholding tax levied. Different investor types and investors from other jurisdictions may not be able to achieve the same level of performance due to their tax status and local tax rules. For more information please be referred to the respective fund’s performance section on this website.

The sales prospectus and KIID contain this and other information. Please read the sales prospectus and KIID carefully before investing.

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