INCVanEck Dynamic High Income ETF
Fund Description
VanEck Dynamic High Income ETF seeks to provide high current income with consideration for capital appreciation by investing, under normal circumstances, in exchange-traded products (“ETPs”) that are registered under the applicable federal securities laws and that invest in securities that generate income.
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Fund Ticker
INC -
Exchange
NYSE Arca -
Inception Date
11/01/2022 -
ETF Structure
Physical -
Administrator
Van Eck Associates
as of 03/31/23
-
30-Day SEC Yield1
5.55% -
Total Net Assets
$518.1K -
Number of Holdings
14 -
Options
No -
Gross Expense Ratio2
0.43% -
Net Expense Ratio/TER2
0.43% -
Distribution Frequency
Monthly -
Next Distribution Date
--
Key Documents and Links
Key Points
- Actively allocates to high yielding segments of the market
- Broad diversification across income-producing asset classes
- Portfolio adapts to changing market conditions
Yield as of 03/31/23
-
30-Day SEC Yield1
5.55% -
Distribution Yield1
3.96% -
12-Month Yield1
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Fees and Expenses2
-
Management Fee
0.10% -
Other Expenses
-- -
Acquired Fund Fees and Expenses
0.33% -
Gross Expense Ratio
0.43% -
Fee Waivers and
--
Expense Reimbursement -
Net Expense Ratio/TER2
0.43%
2 Van Eck Associates Corporation (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 and extraordinary expenses. Notwithstanding the foregoing, the Adviser has agreed to pay the offering costs until at least September 1, 2024.
Trading Information
-
Fund Ticker
INC -
Index Total Return Ticker
HG00 -
NAV
INCNV -
Intraday NAV (IIV)4
INCIV -
Shares Outstanding
20,000 -
Estimated Cash
INCEU -
Total Cash
INCTC -
CUSIP
92189H755 -
ISIN
US92189H7558
Investment Professionals
David Schassler
- Portfolio Manager for Inflation Allocation Strategy and Municipal Allocation Strategy; Head of the VanEck Quantitative Investment Solutions (QIS) Team
- Joined VanEck in 2012
- Prior to VanEck, Director and Portfolio Manager within the UBS Portfolio Strategy Group
- Previously, sales and client relationship roles at Oppenheimer & Co. and Georgeson, Inc.
- MBA, Finance, New York University
- BS, Business Economics, State University of New York College at Cortland
John Lau
- Deputy Portfolio Manager for Inflation Allocation Strategy and Municipal Allocation Strategy
- Joined VanEck in 2007
- Prior to his current role, served as Settlements Supervisor and Administrator at VanEck
- BS, Business Administration (concentration in Financial Analysis), State University of New York at Buffalo
$0.14
/
+0.54%
Performance History: Average Annual Total Returns* (%)
| 1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR |
LIFE 11/01/22 |
|
|---|---|---|---|---|---|---|---|---|
| INC (NAV) | -2.80 | -0.06 | 2.23 | -- | -- | -- | -- | 5.57 |
| INC (Share Price) | -2.77 | 0.00 | 2.25 | -- | -- | -- | -- | 5.57 |
| ICE BofA Global High Yield Corporate & Sovereign Index | -1.86 | 2.90 | 2.23 | -6.56 | -0.95 | 0.77 | 2.97 | 7.78 |
| Performance Differential (NAV - Index) | -0.94 | -2.96 | 0.00 | -- | -- | -- | -- | -2.21 |
| 1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR |
LIFE 11/01/22 |
|
|---|---|---|---|---|---|---|---|---|
| INC (NAV) | -2.25 | -- | -- | -- | -- | -- | -- | 3.26 |
| INC (Share Price) | -2.21 | -- | -- | -- | -- | -- | -- | 3.24 |
| ICE BofA Global High Yield Corporate & Sovereign Index | 0.65 | 7.83 | -13.26 | -13.26 | -2.25 | 0.28 | 2.86 | 5.42 |
| Performance Differential (NAV - Index) | -2.90 | -- | -- | -- | -- | -- | -- | -2.16 |
Top 10 Holdings (%) as of 02/28/23
Daily Holdings| Holding Name |
Ticker
|
Shares
|
Market Value (US$) |
% of Net Assets |
|---|---|---|---|---|
| VanEck Fallen Angel High Yield Bond ETF |
ANGL US
|
3,612
|
98,897 | 18.88 |
| VanEck Durable High Dividend ETF |
DURA US
|
2,770
|
85,842 | 16.39 |
| VanEck International High Yield Bond Et |
IHY US
|
2,694
|
53,664 | 10.25 |
| VanEck Bdc Income ETF |
BIZD US
|
3,408
|
52,994 | 10.12 |
| VanEck Preferred Securities Ex Financia |
PFXF US
|
2,822
|
50,711 | 9.68 |
| VanEck Energy Income ETF |
EINC US
|
669
|
41,073 | 7.84 |
| VanEck Mortgage Reit Income ETF |
MORT US
|
3,076
|
38,358 | 7.32 |
| VanEck Emerging Markets High Yield Bond |
HYEM US
|
1,426
|
26,210 | 5.00 |
| VanEck J.P. Morgan Em Local Currency |
EMLC US
|
1,052
|
25,700 | 4.91 |
| United States Treasury Note/Bond |
912810SY5
|
14,000
|
10,736 | 2.05 |
| Top 10 Total (%) | 92.45 | |||