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EINC
VanEck Energy Income ETF

Fund Description

VanEck Energy Income ETF (EINCTM) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS® North America Energy Infrastructure Index (MVEINCTG), which is intended to track the overall performance of North American companies involved in the midstream energy segment, which includes MLPs, and corporations involved in oil and gas storage and transportation.

 
 

  • Fund Ticker

    EINC

  • Exchange

    NYSE Arca

  • ETF Structure

    Physical

  • Administrator

    Van Eck Associates

  • Custodian

    State Street Bank and Trust Company

  • Index Ticker

    MVEINCTG

  • Index Rebalancing

    Quarterly

 
as of 10/18/21

  • 30-Day SEC Yield1

    4.18%

  • Total Net Assets

    $29.1M

  • Number of Holdings

    30

  • Options

    Available

  • Gross Expense Ratio2

    0.45%

  • Net Expense Ratio/TER2

    0.45%

  • Distribution Frequency

    Quarterly
Schedule a Call
How to Buy

Morningstar™ Ratings3
as of 09/30/2021

Category Overall 3 Year 5 Year
Energy Limited Partnership
3 stars of 91 funds
3 stars of 91 funds
3 stars of 75 funds

Key Points

  • High Income Potential
    Historically, MLPs and energy infrastructure companies have exhibited attractive yield characteristics

  • Tax Efficient
    Avoids fund-level taxation and the complications of deferred tax liabilities associated with many MLP funds by limiting direct MLP exposure

  • No K-1s
    Access to energy infrastructure companies without burdensome K-1 tax reporting

Yield
as of 10/18/21

  • 30-Day SEC Yield1

    4.18%

  • Distribution Yield1

    8.73%

  • 12-Month Yield1

    5.21%
 1See Important Disclosure for definitions.

Fees & Expenses2

  • Management Fee

    0.45%

  • Other Expenses

    --

  • Gross Expense Ratio

    0.45%

  • Fee Waivers and Expense Reimbursement

    --

  • Net Expense Ratio/TER

    0.45%
2Van 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.

Trading Information

  • Fund Ticker

    EINC

  • Index Total Return Ticker

    MVEINCTG

  • NAV

    EINCNV

  • Intraday NAV (IIV)4

    EINCIV

  • Shares Outstanding

    489,720

  • Estimated Cash

    EINCEU

  • Total Cash

    EINCTC

  • CUSIP

    92189H870

  • ISIN

    US92189H8705

 

Investment Professionals

  • Portfolio Manager and Head of Equity ETFs
  • Oversees the Equity ETF Investment Management Team including development and management of index replication and optimization strategies
  • Joined VanEck in 2005
  • CFA charterholder; member of the CFA Society New York
  • BA, Mathematics and Economics, New York University
  • Portfolio Manager and Analyst for Equity ETFs
  • Joined VanEck in 2007
  • Prior to his current role, held a portfolio administration position at VanEck
  • Previously, Portfolio Analyst at Evaluation Associates
  • BS, Business Administration (concentration in Financial Analysis), State University of New York at Buffalo
  • Analyst for Equity ETFs
  • Joined VanEck in 2018
  • Prior to joining VanEck, ETF Basket Operations Analyst at JPMorgan
  • BS, Finance, Providence College
  • Analyst for Equity ETFs
  • Joined VanEck in 2019
  • Prior to VanEck, Intermediate Representative, Exchange Traded Funds at BNY Mellon.
  • BS, Accounting, Hunter College

Prices as of 10/18/21

NAV/
Market Price 		Volume
30-Day Avg./
Last Trading Day 		Daily Change
NAV/
Last Price 		YTD Change
NAV/
Last Price 		Premium/
Discount 		Prem/Discount
Distribution Charts 		NAV &
Prem/Discount
History 		30-Day
Median
Bid Ask
Spread 		NAV
Chart
EINC $59.41
$59.36		 7,126
6,209		 $0.05 / +0.09%
$0.00 / -0.01%		 +51.48%
+50.54%
 $-0.05
-0.08%		 0.13%

Premium/Discount History as of 10/18/21

Calendar Year 2020 4Q 2020 1Q 2021 2Q 2021 3Q 2021 Premium/Discount Charts NAV & Prem/Discount History
Days closed at a premium 92 20 5 11 16
EINC Days closed at NAV 4 1 0 3 1
Days closed at a discount 157 43 56 49 47


Performance History: Average Annual Total Returns* (%)
View All ETFs View All Indices

1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
03/12/12**
EINC (NAV) 4.71 -0.73 38.34 68.88 1.03 0.77 -- -8.37
EINC (Share Price) 5.53 -0.54 38.59 69.25 1.11 0.72 -- -8.38
MVEINCTG (Index)** 4.79 -0.54 39.39 71.13 0.79 0.19 -- -8.14
Performance Differential (NAV - Index) -0.08 -0.19 -1.05 -2.25 0.24 0.58 -- -0.23
1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
03/12/12**
EINC (NAV) 4.71 -0.73 38.34 68.88 1.03 0.77 -- -8.37
EINC (Share Price) 5.53 -0.54 38.59 69.25 1.11 0.72 -- -8.38
MVEINCTG (Index)** 4.79 -0.54 39.39 71.13 0.79 0.19 -- -8.14
Performance Differential (NAV - Index) -0.08 -0.19 -1.05 -2.25 0.24 0.58 -- -0.23

*Returns less than one year are not annualized.

**Index data prior to December 2, 2019 reflects that of the Solactive High Income MLP Index (YMLPTR). From December 2, 2019 forward, the index data reflects that of the Fund's underlying index, the MVIS North America Energy Infrastructure Index (MVEINCTG). Index history which includes periods prior to December 2, 2019 links the performance of YMLPTR and MVEINCTG and is not intended for third party use.

The table presents past performance which is no guarantee of future results and which may be lower or higher than current performance. Returns reflect temporary contractual fee waivers and/or expense reimbursements. Had the ETF incurred all expenses and fees, investment returns would have been reduced. Investment returns and ETF share values will fluctuate so that investors' shares, when redeemed, may be worth more or less than their original cost. ETF returns assume that dividends and capital gains distributions have been reinvested in the Fund at NAV.

The "Net Asset Value" (NAV) of a VanEck Exchange Traded Fund (ETF) is determined at the close of each business day, and represents the dollar 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. VanEck ETF investors should not expect to buy or sell shares at NAV.

Top 10 Holdings (%) as of 09/30/21 Daily Holdings

Total Holdings: 30
Swipe
to view
full data
Holding Name
Ticker
Shares Market Value
(US$) 		% of Net
Assets
TC ENERGY CORP
TRP US
38,068
1,830,690 7.67
ENBRIDGE INC
ENB US
45,840
1,824,432 7.65
KINDER MORGAN INC
KMI US
100,737
1,685,330 7.06
WILLIAMS COS INC/THE
WMB US
60,811
1,577,437 6.61
CHENIERE ENERGY INC
LNG US
15,440
1,508,025 6.32
ONEOK INC
OKE US
24,323
1,410,491 5.91
PEMBINA PIPELINE CORP
PBA US
37,275
1,181,245 4.95
TARGA RESOURCES CORP
TRGP US
23,521
1,157,468 4.85
ENERGY TRANSFER LP
ET US
110,379
1,057,431 4.43
INTER PIPELINE LTD
IPL CN
66,429
1,046,312 4.39
Top 10 Total (%) 59.84
These are not recommendations to buy or to sell any security. Securities and holdings may vary.

Sector Weightings (%) as of 09/30/21

  • Sector

    % of Net Assets
  • ■

    Energy

    94.3
  • ■

    n/a

    3.5
  • ■

    Industrials

    2.1
  • ■

    Other/Cash

    0.1

Currency Exposure (%)
as of 09/30/21

  • U.S. Dollar

    89.33

  • Canadian Dollar

    10.52

  • Other/Cash

    0.15

Country Weightings (%) as of 09/30/21

  • Country

    % of Net Assets
  • ■

    United States

    68.48
  • ■

    Canada

    30.79
  • ■

    Netherlands

    0.58
  • ■

    Other/Cash

    0.15