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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

    State Street Bank International GmbH, Amsterdam branch

  • 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 23 Jun 2021

  • NAV1

    20.81

  • Shares Outstanding

    8,301,000

  • Number of Holdings

    15

  • Base Currency

    EUR

  • Net Assets

    €172.8M

  • Product Structure

    Physical (Full Replication)

  • Distribution Frequency

    Quarterly

  • Income Treatment

    Distributing

  • Total Expense Ratio

    0.15%

  • ISA Eligibility

    Yes

  • SIPP Available

    Yes

  • UK Reporting Status

    Yes

  • UK Distributor

    Yes
  • Fact Sheet
  • ETF Product List
  • Fund Holiday Calendar

Fundamentals3
as of 22 Jun 2021

  • Yield to Worst

    -0.56%

  • Yield to Maturity

    -0.56%

  • Effective Duration (yrs)

    3.69

  • Years to Maturity

    3.73

  • Modified Duration (yrs)

    3.69

  • Coupon

    1.25%
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 23 Jun 2021

Euronext
Amsterdam
EUR
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 20.81
Day's Move 0.01
Volume 11,348
30 Day Volume 17,296
VWAP Volume 11,348
Euronext
Brussels
EUR
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 20.81
Day's Move 0.01
Volume 11,348
30 Day Volume 17,296
VWAP Volume 11,348
London
Stock Exchange
USD
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 24.86
Day's Move 0.09
Volume 0
30 Day Volume --
VWAP Volume 0
London
Stock Exchange
GBP
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 17.81
Day's Move 0.02
Volume 0
30 Day Volume --
VWAP Volume 0
Deutsche
Börse
EUR
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 20.81
Day's Move 0.01
Volume 1
30 Day Volume 839
VWAP Volume 1
SIX
Swiss Exchange
CHF
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 22.79
Day's Move 0.01
Volume 0
30 Day Volume --
VWAP Volume 0
Borsa
Italiana
EUR
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 20.81
Day's Move 0.01
Volume 0
30 Day Volume --
VWAP Volume 0

NAVs as of 23 Jun 2021

Base
Currency 		NAV Daily
Change
NAV 		YTD
Change
NAV 		NAV Price
History 		Total
Expense
Ratio
TAT EUR €20.81 €0.01 / +0.04% -0.78%
0.15

Performance History: Average Annual Total Returns* (%)

View All ETFs View All Indices
Month End as of 31 May 2021 1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR ETF INCEPTION
ETF (NAV) -0.09 -0.16 -0.74 -0.65 -0.38 -0.31 -- 0.29
IBXXS15T (Index) -0.07 -0.12 -0.68 -0.50 -0.23 -0.18 -- 0.44
Performance Differential (NAV - Index) -0.02 -0.04 -0.06 -0.15 -0.15 -0.13 -- -0.15
Quarter End as of 31 Mar 2021 1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR ETF INCEPTION
ETF (NAV) 0.15 -0.43 -0.43 -0.43 -0.20 -0.24 -- 0.33
IBXXS15T (Index) 0.16 -0.40 -0.40 -0.29 -0.06 -0.10 -- 0.48
Performance Differential (NAV - Index) -0.01 -0.03 -0.03 -0.14 -0.14 -0.14 -- -0.15

*Periods greater than one year are annualised.

Performance quoted represents past performance. Current performance may be lower or higher than average annual returns shown. Discrete performance shows 12 month performance to the most recent Quarter end for each of the last 5yrs where available. E.g. '1st year' shows the most recent of these 12-month periods and '2nd year' shows the previous 12 month period and so on.

Performance data for Irish domiciled ETFs 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.

The Dutch domiciled ETFs use a gross reinvestment index as opposed to many other ETFs and investment funds that use a net reinvestment index. Comparing with a gross reinvestment index is the purest form since it considers that Dutch investors can deduct or reclaim the dividend tax levied. Please note that the performance includes income distributions gross of Dutch withholding tax because Dutch investors can 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.

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 (%) as of 31 May 2021 View All Holdings »

Total Holdings: 15
Holding Name
Coupon
Maturity
Composite
Rating
Country
Currency
% of Net
Assets
FRENCH REPUBLIC GOVERNMENT BOND OAT
4.250
25 Oct 2023
NR
France
EUR
10.5044
FRENCH REPUBLIC GOVERNMENT BOND OAT
1.750
25 May 2023
NR
France
EUR
10.0164
BUNDESREPUBLIK DEUTSCHLAND BUNDESANLEIH
0.500
15 Feb 2026
NR
Germany
EUR
9.4359
FRENCH REPUBLIC GOVERNMENT BOND OAT
0.000
25 Mar 2025
NR
France
EUR
9.2982
BUNDESREPUBLIK DEUTSCHLAND BUNDESANLEIH
0.000
15 Aug 2026
NR
Germany
EUR
8.9140
BUNDESREPUBLIK DEUTSCHLAND BUNDESANLEIH
1.000
15 Aug 2025
NR
Germany
EUR
8.6980
KINGDOM OF BELGIUM GOVERNMENT BOND
0.800
22 Jun 2025
NR
Belgium
EUR
6.0873
NETHERLANDS GOVERNMENT BOND
1.750
15 Jul 2023
NR
Netherlands
EUR
5.5200
NETHERLANDS GOVERNMENT BOND
0.250
15 Jul 2025
NR
Netherlands
EUR
5.4533
NETHERLANDS GOVERNMENT BOND
0.500
15 Jul 2026
NR
Netherlands
EUR
5.1473
Top 10 Total (%) 79.08
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 May 2021

  • Country

    % of Net Assets
  • ■

    France

    29.99
  • ■

    Germany

    27.36
  • ■

    Belgium

    16.34
  • ■

    Netherlands

    15.40
  • ■

    Austria

    10.90
  • ■

    Other/Cash

    0.02

Currency Exposure (%)
as of 31 May 2021

  • Euro

    99.98

  • Other/Cash

    0.02

Credit Quality (%) as of 31 May 2021

Composite % of Net Assets
Investment Grade AA 10.65
Total Investment Grade -- 10.65
Not Rated -- 89.14
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 May 2021

 Average Maturity: 3.77 Years

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An investment in the promoted investment funds may only be made based on the investment fund’s official sales prospectus, the relevant supplement and KIID and will be subject to the terms and conditions contained therein.

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.

Investment fund investing involves risk, including possible loss of principal. Investors should consult the prospectus and key investor information document ("KIID") before subscribing to any fund. The prospectus, the key investor information documents and the financial reports can be obtained free of charge from this website and upon request from the funds’ registered office and the offices of all local information agents. The documents, except for KIIDs, are only available in English and certain other languages as applicable.

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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