us en false false Default
Skip directly to Accessibility Notice
MBBB VanEck Moody’s Analytics BBB Corporate Bond ETF Please read important disclosure Close important disclosure false

MBBB
VanEck Moody’s Analytics BBB Corporate Bond ETF

MBBB
VanEck Moody’s Analytics BBB Corporate Bond ETF

  • NAV
    $21.11

    as of July 14, 2026
  • YTD RETURNS
    -0.04%

    as of July 14, 2026
  • Total Net Assets
    $4.75M

    as of July 14, 2026
  • Total Expense Ratio
    0.25%
  • Inception Date
    12/01/2020
  • 30-Day SEC Yield
    5.23%
Buy Now
Let's Connect
Subscribe
Related Insights

Overview

Why MBBB

  • Valuation-Driven Bond SelectionInvests in attractively valued bonds
  • Quantitative ApproachIncorporates market-based information
  • Powered by Moody’s AnalyticsMoody’s Analytics credit risk platform informs security selection

VanEck Moody’s Analytics® BBB Corporate Bond ETF seeks to track, as closely as possible, before fees and expenses, the price and yield performance of the MVIS® Moody’s Analytics® US BBB Corporate Bond Index, which includes BBB rated corporate bonds that have attractive valuations and a lower probability of being downgraded to high yield compared to other BBB rated bonds.

Yields  as of  07/14/2026

Distribution Frequency

Monthly

30-Day SEC Yield

5.23%

Distribution Yield

5.03%

12 Month Yield

5.13%

Yield information reflects temporary waivers of expenses and/or fees. Yields would have been reduced had these fees/expenses been included. In the absence of temporary expense waivers or reimbursements, the 30-Day SEC Yield for VanEck Moody’s Analytics BBB Corporate Bond ETF would have been 5.23% on 07/14/26. Distributions may vary from time to time.

Performance

Average Annual Total Returns* (%)

View All ETFs View All Indices
  1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE 12/01/20
MBBB (NAV) 0.06 1.51 0.89 3.89 6.06 0.96 -- 1.20
MBBB (Market Price) 0.12 1.27 0.78 3.81 5.96 0.91 -- 1.20
MVIS Moody's Analytics US BBB Corporate Bond Index 0.09 1.61 1.08 4.18 6.32 1.07 -- 1.32
ICE BofA BBB US Corporate Index 0.18 1.72 1.24 4.91 6.18 0.89 -- --
  1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE 12/01/20
MBBB (NAV) 0.06 1.51 0.89 3.89 6.06 0.96 -- 1.20
MBBB (Market Price) 0.12 1.27 0.78 3.81 5.96 0.91 -- 1.20
MVIS Moody's Analytics US BBB Corporate Bond Index 0.09 1.61 1.08 4.18 6.32 1.07 -- 1.32
ICE BofA BBB US Corporate Index 0.18 1.72 1.24 4.91 6.18 0.89 -- --

*Returns less than one year are not annualized.

The performance data quoted represents past performance. Past performance is not a guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Performance may be lower or higher than performance data quoted. Please call 800.826.2333 or visit vaneck.com for performance current to the most recent month ended.

Holdings

Daily Holdings (%) as of 07/13/2026

Download XLS Get holdings
Total Holdings: 155
Holding Name
% of Net Assets
 Coupon
Maturity
Market Value (US$)
At&T Inc
2.00
 3.550
09/15/2055
95,000
Capital One Financial Corp
1.55
 5.197
09/11/2036
73,703
Medline Borrower Lp
1.55
 3.875
04/01/2029
73,424
Vici Properties Lp / Vici Note Co Inc
1.54
 4.125
08/15/2030
72,889
Verizon Communications Inc
1.39
 1.750
01/20/2031
66,024
Verizon Communications Inc
1.38
 2.355
03/15/2032
65,513
Pacific Gas And Electric Co
1.34
 4.500
07/01/2040
63,660
Altria Group Inc
1.21
 3.400
02/04/2041
57,409
Vistra Operations Co Llc
1.15
 6.950
10/15/2033
54,708
Mcdonald's Corp
1.15
 6.300
10/15/2037
54,658
Capital One Financial Corp
1.11
 6.377
06/08/2034
52,645
Citigroup Inc
1.10
 6.020
01/24/2036
52,254
Citigroup Inc
1.09
 5.827
02/13/2035
51,634
Oracle Corp
1.07
 4.125
05/15/2045
50,738
At&T Inc
1.05
 4.300
02/15/2030
49,912
Vistra Operations Co Llc
1.05
 5.350
01/31/2036
49,722
Kroger Co/The
1.05
 5.000
09/15/2034
49,683
Societe Generale Sa
1.04
 5.439
10/03/2036
49,481
At&T Inc
1.04
 4.750
04/30/2033
49,412
T-Mobile Usa Inc
1.02
 2.050
02/15/2028
48,427
Societe Generale Sa
1.00
 3.000
01/22/2030
47,297
Equinix Inc
1.00
 3.900
04/15/2032
47,258
Mplx Lp
0.98
 2.650
08/15/2030
46,359
Mcdonald's Corp
0.97
 2.125
03/01/2030
46,078
Societe Generale Sa
0.97
 3.337
01/21/2033
45,851
T-Mobile Usa Inc
0.96
 2.550
02/15/2031
45,558
Pacific Gas And Electric Co
0.95
 2.500
02/01/2031
45,194
Kraft Heinz Foods Co
0.95
 5.200
07/15/2045
45,133
Mcdonald's Corp
0.93
 4.875
12/09/2045
44,343
Altria Group Inc
0.93
 2.450
02/04/2032
44,204
Hca Inc
0.93
 5.250
06/15/2049
44,110
Oracle Corp
0.93
 5.375
07/15/2040
43,990
Altria Group Inc
0.87
 4.250
08/09/2042
41,249
Pacific Gas And Electric Co
0.87
 4.950
07/01/2050
41,093
Kraft Heinz Foods Co
0.83
 4.375
06/01/2046
39,409
Verizon Communications Inc
0.81
 3.400
03/22/2041
38,269
Alimentation Couche-Tard Inc
0.78
 3.800
01/25/2050
36,807
Oracle Corp
0.70
 4.000
07/15/2046
33,375
Oracle Corp
0.69
 4.375
05/15/2055
32,510
Oracle Corp
0.66
 3.950
03/25/2051
31,484
Sprint Capital Corp
0.63
 8.750
03/15/2032
29,959
Orange Sa
0.63
 9.000
03/01/2031
29,793
Var Energi Asa
0.60
 8.000
11/15/2032
28,437
Suncor Energy Inc
0.58
 6.850
06/01/2039
27,436
Fox Corp
0.57
 6.500
10/13/2033
26,834
Hsbc Holdings Plc
0.56
 6.500
09/15/2037
26,789
Pacific Gas And Electric Co
0.56
 6.150
01/15/2033
26,665
J M Smucker Co/The
0.56
 6.200
11/15/2033
26,653
Orlen Sa
0.56
 6.000
01/30/2035
26,436
Sprint Capital Corp
0.56
 6.875
11/15/2028
26,405
Sysco Corp
0.55
 5.950
04/01/2030
26,239
Bank Of Montreal
0.55
 7.300
11/26/2084
26,208
Enbridge Inc
0.55
 5.700
03/08/2033
26,119
Citigroup Inc
0.55
 6.174
05/25/2034
26,053
Capital One Financial Corp
0.55
 6.183
01/30/2036
25,965
Tyson Foods Inc
0.55
 5.700
03/15/2034
25,957
Ares Capital Corp
0.55
 5.950
07/15/2029
25,942
Enbridge Inc
0.54
 5.625
04/05/2034
25,847
Canadian Imperial Bank Of Commerce
0.54
 7.000
10/28/2085
25,829
Credit Agricole Sa
0.54
 6.251
01/10/2035
25,743
Ares Capital Corp
0.54
 5.875
03/01/2029
25,661
Societe Generale Sa
0.54
 6.446
01/10/2029
25,568
Altria Group Inc
0.54
 4.800
02/14/2029
25,523
Bnp Paribas Sa
0.54
 5.906
11/19/2035
25,453
Itc Holdings Corp
0.54
 4.950
09/22/2027
25,441
General Mills Inc
0.54
 5.250
01/30/2035
25,408
Marriott International Inc/Md
0.54
 4.900
04/15/2029
25,407
Marriott International Inc/Md
0.54
 5.350
03/15/2035
25,387
Westinghouse Air Brake Technologies Cor
0.53
 4.950
09/15/2028
25,350
Citigroup Inc
0.53
 4.450
09/29/2027
25,264
Marriott International Inc/Md
0.53
 5.500
04/15/2037
25,232
Crh Smw Finance Dac
0.53
 5.125
01/09/2030
25,214
Mplx Lp
0.53
 5.000
01/15/2033
25,211
Sitios Latinoamerica Sab De Cv
0.53
 5.375
04/04/2032
25,139
Bat Capital Corp
0.53
 3.557
08/15/2027
25,122
Sunoco Logistics Partners Operations Lp
0.53
 4.000
10/01/2027
25,110
Sysco Corp
0.53
 3.250
07/15/2027
25,107
Mplx Lp
0.53
 4.950
09/01/2032
25,095
O'Reilly Automotive Inc
0.53
 3.600
09/01/2027
25,082
Mplx Lp
0.53
 4.000
03/15/2028
25,059
Mplx Lp
0.53
 5.400
04/01/2035
25,058
Stryker Corp
0.53
 4.250
09/11/2029
25,034
Ferguson Finance Plc
0.53
 4.500
10/24/2028
25,029
Motorola Inc
0.53
 4.600
05/23/2029
25,013
Glp Capital Lp / Glp Financing Ii Inc
0.53
 5.625
09/15/2034
24,985
General Mills Inc
0.53
 4.950
03/29/2033
24,971
First Citizens Bancshares Inc/Nc
0.53
 6.254
03/12/2040
24,954
Santander Holdings Usa Inc
0.53
 4.400
07/13/2027
24,954
Mplx Lp
0.53
 5.300
04/01/2036
24,945
Medline Borrower Lp/Medline Co-Issuer I
0.52
 5.000
06/15/2031
24,871
Mcdonald's Corp
0.52
 3.500
07/01/2027
24,813
Royal Bank Of Canada
0.52
 6.500
05/24/2086
24,779
Vici Properties Lp
0.52
 5.125
05/15/2032
24,753
Enel Finance International Nv
0.52
 3.500
04/06/2028
24,735
Reliance Industries Ltd
0.52
 3.667
11/30/2027
24,696
Keurig Dr Pepper Inc
0.52
 3.950
04/15/2029
24,651
Lpl Holdings Inc
0.52
 4.000
03/15/2029
24,636
Altria Group Inc
0.52
 5.950
02/14/2049
24,634
Hca Inc
0.52
 4.125
06/15/2029
24,601
Pacific Gas And Electric Co
0.52
 2.100
08/01/2027
24,585
Gfl Environmental Inc
0.52
 3.500
09/01/2028
24,583
Pacific Gas And Electric Co
0.52
 3.750
07/01/2028
24,571
Roper Technologies Inc
0.52
 5.100
09/15/2035
24,508
Weyerhaeuser Co
0.52
 4.000
11/15/2029
24,499
Dt Midstream Inc
0.52
 4.125
06/15/2029
24,485
T-Mobile Usa Inc
0.51
 4.700
01/15/2035
24,360
T-Mobile Usa Inc
0.51
 3.875
04/15/2030
24,314
Msci Inc
0.51
 4.000
11/15/2029
24,296
International Flavors & Fragrances Inc
0.51
 1.832
10/15/2027
24,269
Cheniere Corpus Christi Holdings Llc
0.51
 3.700
11/15/2029
24,243
Prosus Nv
0.51
 3.680
01/21/2030
24,231
Royal Bank Of Canada
0.51
 6.350
11/24/2084
24,200
Constellation Brands Inc
0.51
 3.150
08/01/2029
24,190
Bank Of Nova Scotia/The
0.51
 4.588
05/04/2037
24,115
Ares Capital Corp
0.50
 2.875
06/15/2028
23,930
Alcon Finance Corp
0.50
 3.000
09/23/2029
23,862
Keurig Dr Pepper Inc
0.50
 4.050
04/15/2032
23,809
Equinix Inc
0.50
 3.200
11/18/2029
23,807
Enel Finance International Nv
0.50
 2.125
07/12/2028
23,778
Blue Owl Capital Corp
0.50
 2.875
06/11/2028
23,749
Conagra Brands Inc
0.50
 5.300
11/01/2038
23,658
Broadridge Financial Solutions Inc
0.49
 2.900
12/01/2029
23,426
Credit Agricole Sa
0.49
 3.250
01/14/2030
23,425
Athene Holding Ltd
0.49
 6.250
04/01/2054
23,076
Marriott International Inc/Md
0.49
 3.500
10/15/2032
23,048
Marriott International Inc/Md
0.48
 2.850
04/15/2031
22,991
Lowe's Cos Inc
0.48
 2.625
04/01/2031
22,826
Mondelez International Inc
0.48
 3.000
03/17/2032
22,808
Costar Group Inc
0.48
 2.800
07/15/2030
22,785
Verizon Communications Inc
0.48
 2.550
03/21/2031
22,709
Equinix Inc
0.48
 2.150
07/15/2030
22,687
Hca Inc
0.47
 2.375
07/15/2031
22,344
Tyson Foods Inc
0.47
 5.100
09/28/2048
22,297
Canadian Pacific Railway Co
0.47
 2.450
12/02/2031
22,153
Lowe's Cos Inc
0.47
 1.700
10/15/2030
22,087
T-Mobile Usa Inc
0.46
 2.250
11/15/2031
21,862
T-Mobile Usa Inc
0.46
 4.375
04/15/2040
21,837
Capital One Financial Corp
0.46
 2.359
07/29/2032
21,806
Roper Technologies Inc
0.46
 1.750
02/15/2031
21,791
Mcdonald's Corp
0.44
 4.450
09/01/2048
20,888
Kroger Co/The
0.44
 4.450
02/01/2047
20,735
Keurig Dr Pepper Inc
0.42
 4.500
04/15/2052
19,881
Infraestructura Energetica Nova Sapi De
0.41
 4.750
01/15/2051
19,395
Societe Generale Sa
0.40
 4.027
01/21/2043
19,061
Oracle Corp
0.40
 5.500
09/27/2064
18,812
T-Mobile Usa Inc
0.39
 3.000
02/15/2041
18,398
Bnp Paribas Sa
0.37
 2.824
01/26/2041
17,747
Keurig Dr Pepper Inc
0.37
 3.800
05/01/2050
17,673
International Flavors & Fragrances Inc
0.36
 3.468
12/01/2050
17,021
At&T Inc
0.34
 3.850
06/01/2060
16,163
T-Mobile Usa Inc
0.34
 3.300
02/15/2051
16,096
T-Mobile Usa Inc
0.34
 3.400
10/15/2052
16,051
Lowe's Cos Inc
0.33
 3.000
10/15/2050
15,587
Everest Reinsurance Holdings Inc
0.32
 3.125
10/15/2052
15,378
--
0.11
 --
--
5,372
Other/Cash
-0.02
 --
--
-1,022
← Scroll for more information →
Country of risk is defined using the International Organization for Standardization’s (ISO) country codes which take four factors into account (listed in order of importance): management location, country of primary listing, country of revenue and reporting currency of the issuer. Management location is defined by country of domicile unless location of such key players as the CEO, CFO, COO or General Counsel is otherwise.

Portfolio

Country Weightings (%) as at 06/30/2026

  • Country

    % of Net Assets

  • United States

    80.40

  • France

    6.52

  • Canada

    6.05

  • United Kingdom

    1.09

  • Ireland

    1.06

  • Netherlands

    1.01

  • Mexico

    0.93

  • Norway

    0.60

  • Poland

    0.55

  • Spain

    0.53

  • Italy

    0.51

  • India

    0.51

  • Other/Cash

    0.25

Credit Quality (%) as of 06/30/2026

Composite % of Net Assets
Investment Grade A 0.55
BBB 95.47
Non-Investment Grade BB 3.73
Total Investment Grade -- 96.02
Total Non-Investment Grade -- 3.73
If more than one rating is available for an underlying security, the lower of the two ratings is used. If a bond issued by a national government, national government agency or supranational issuer is not rated, the issuer’s credit rating will be used. If two issuer ratings are available, the lower of the two is used. If only one rating is available in all scenarios, we will use the rating provided. If no rating is available, the security will be not rated. Not rated securities do not necessarily indicate lower credit quality. Ratings and portfolio credit quality may change over time.

Years to Maturity as at 06/30/2026

  • Years

    Maturity (%)

  • < 1

    1.60

  • 1 - 3

    18.20

  • 3 - 5

    20.90

  • 5 - 7

    12.60

  • 7 - 10

    14.60

  • 10 - 15

    12.50

  • 15 - 20

    5.10

  • 20 - 30

    12.00

  • 30 +

    2.40

Fees

Distributions

Distribution History

Anticipated Frequency: Monthly Dividend Income & Annual Capital Gains
Ex-date Record
Date 		Payable date Dividend
Income‡ 		Short-Term
Capital Gains 		Long-Term
Capital Gains 		Return of
Capital 		Total
Distributions
07/01/2026 07/01/2026 07/07/2026 $ 0.0884 -- -- -- $ 0.09
06/01/2026 06/01/2026 06/04/2026 $ 0.1055 -- -- -- $ 0.11
05/01/2026 05/01/2026 05/06/2026 $ 0.0861 -- -- -- $ 0.09
04/01/2026 04/01/2026 04/07/2026 $ 0.0971 -- -- -- $ 0.10
03/02/2026 03/02/2026 03/05/2026 $ 0.0797 -- -- -- $ 0.08
02/02/2026 02/02/2026 02/05/2026 $ 0.0887 -- -- -- $ 0.09
12/29/2025 12/29/2025 12/31/2025 $ 0.0914 -- -- -- $ 0.09
11/28/2025 11/28/2025 12/03/2025 $ 0.0858 -- -- -- $ 0.09
11/03/2025 11/03/2025 11/06/2025 $ 0.0921 -- -- -- $ 0.09
10/01/2025 10/01/2025 10/06/2025 $ 0.0865 -- -- -- $ 0.09
09/02/2025 09/02/2025 09/05/2025 $ 0.0893 -- -- -- $ 0.09
08/01/2025 08/01/2025 08/06/2025 $ 0.0924 -- -- -- $ 0.09
07/01/2025 07/01/2025 07/07/2025 $ 0.0869 -- -- -- $ 0.09
06/02/2025 06/02/2025 06/05/2025 $ 0.0915 -- -- -- $ 0.09
05/01/2025 05/01/2025 05/06/2025 $ 0.0866 -- -- -- $ 0.09
04/01/2025 04/01/2025 04/04/2025 $ 0.0974 -- -- -- $ 0.10
03/03/2025 03/03/2025 03/06/2025 $ 0.0904 -- -- -- $ 0.09
02/03/2025 02/03/2025 02/06/2025 $ 0.0909 -- -- -- $ 0.09
12/27/2024 12/27/2024 12/30/2024 $ 0.0898 -- -- -- $ 0.09
12/02/2024 12/02/2024 12/05/2024 $ 0.0854 -- -- -- $ 0.09
11/01/2024 11/01/2024 11/06/2024 $ 0.0879 -- -- -- $ 0.09
10/01/2024 10/01/2024 10/04/2024 $ 0.0863 -- -- -- $ 0.09
09/03/2024 09/03/2024 09/06/2024 $ 0.0894 -- -- -- $ 0.09
08/01/2024 08/01/2024 08/06/2024 $ 0.0913 -- -- -- $ 0.09
07/01/2024 07/01/2024 07/05/2024 $ 0.0881 -- -- -- $ 0.09
06/03/2024 06/03/2024 06/06/2024 $ 0.0903 -- -- -- $ 0.09
05/01/2024 05/02/2024 05/07/2024 $ 0.0846 -- -- -- $ 0.08
04/01/2024 04/02/2024 04/05/2024 $ 0.0906 -- -- -- $ 0.09
03/01/2024 03/04/2024 03/07/2024 $ 0.0795 -- -- -- $ 0.08
02/01/2024 02/02/2024 02/07/2024 $ 0.0809 -- -- -- $ 0.08
12/27/2023 12/28/2023 12/29/2023 $ 0.0916 -- -- -- $ 0.09
12/01/2023 12/04/2023 12/07/2023 $ 0.0809 -- -- -- $ 0.08
11/01/2023 11/02/2023 11/07/2023 $ 0.0816 -- -- -- $ 0.08
10/02/2023 10/03/2023 10/06/2023 $ 0.0785 -- -- -- $ 0.08
09/01/2023 09/05/2023 09/08/2023 $ 0.0810 -- -- -- $ 0.08
08/01/2023 08/02/2023 08/10/2023 $ 0.0827 -- -- -- $ 0.08
07/03/2023 07/05/2023 07/07/2023 $ 0.0817 -- -- -- $ 0.08
06/01/2023 06/02/2023 06/07/2023 $ 0.0844 -- -- -- $ 0.08
05/01/2023 05/02/2023 05/05/2023 $ 0.0747 -- -- -- $ 0.07
04/03/2023 04/04/2023 04/10/2023 $ 0.0855 -- -- -- $ 0.09
03/01/2023 03/02/2023 03/07/2023 $ 0.0680 -- -- -- $ 0.07
02/01/2023 02/02/2023 02/07/2023 $ 0.0766 -- -- -- $ 0.08
12/28/2022 12/29/2022 12/30/2022 $ 0.0711 -- -- -- $ 0.07
12/01/2022 12/02/2022 12/07/2022 $ 0.0660 -- -- -- $ 0.07
11/01/2022 11/02/2022 11/07/2022 $ 0.0640 -- -- -- $ 0.06
10/03/2022 10/04/2022 10/07/2022 $ 0.0569 -- -- -- $ 0.06
09/01/2022 09/02/2022 09/08/2022 $ 0.0585 -- -- -- $ 0.06
08/01/2022 08/02/2022 08/05/2022 $ 0.0586 -- -- -- $ 0.06
07/01/2022 07/05/2022 07/08/2022 $ 0.0442 -- -- -- $ 0.04
06/01/2022 06/02/2022 06/07/2022 $ 0.0501 -- -- -- $ 0.05
05/02/2022 05/03/2022 05/06/2022 $ 0.0499 -- -- -- $ 0.05
04/01/2022 04/04/2022 04/07/2022 $ 0.0493 -- -- -- $ 0.05
03/01/2022 03/02/2022 03/07/2022 $ 0.0436 -- -- -- $ 0.04
02/01/2022 02/02/2022 02/07/2022 $ 0.0480 -- -- -- $ 0.05
12/29/2021 12/30/2021 12/31/2021 $ 0.0464 -- -- -- $ 0.05
12/01/2021 12/02/2021 12/07/2021 $ 0.0489 -- -- -- $ 0.05
11/01/2021 11/02/2021 11/05/2021 $ 0.0505 -- -- -- $ 0.05
10/01/2021 10/04/2021 10/07/2021 $ 0.0473 -- -- -- $ 0.05
09/01/2021 09/02/2021 09/08/2021 $ 0.0448 -- -- -- $ 0.04
08/02/2021 08/03/2021 08/06/2021 $ 0.0452 -- -- -- $ 0.05
07/01/2021 07/02/2021 07/08/2021 $ 0.0463 -- -- -- $ 0.05
06/01/2021 06/02/2021 06/07/2021 $ 0.0486 -- -- -- $ 0.05
05/03/2021 05/04/2021 05/07/2021 $ 0.0480 -- -- -- $ 0.05
04/01/2021 04/05/2021 04/08/2021 $ 0.0469 -- -- -- $ 0.05
03/01/2021 03/02/2021 03/05/2021 $ 0.0451 -- -- -- $ 0.05
02/01/2021 02/02/2021 02/05/2021 $ 0.0500 -- -- -- $ 0.05
12/29/2020 12/30/2020 01/05/2021 $ 0.0470 -- -- -- $ 0.05

‡All registered investment companies are obliged to distribute portfolio gains to shareholders at yearend regardless of performance. Trading VanEck ETFs will also generate tax consequences and transaction expenses. The information provided is not intended to be tax advice. Tax consequences of dividend distributions may vary by individual taxpayer. There is no guarantee that dividends will be paid. To receive a distribution, you must have been a registered shareholder of the relevant VanEck ETFs on the record date. Distributions are paid to shareholders on the payment date. Past distributions are not indicative of future distributions.

Certain distributions may constitute a return of capital, which will have the effect of reducing your cost basis in the Fund’s shares and thereby increasing the amount of capital gain, if any, or decreasing the amount of capital loss, if any, that you will realize when selling or exchanging Fund shares. The final determination of the tax characteristics cannot be determined until after each Fund’s yearend and are reported to shareholders on Form 1099-DIV. The form is mailed to shareholders shortly after calendar yearend specifying how the distributions paid by the Fund during the prior calendar year should be characterized for purposes of reporting the distribution on a shareholder’s tax return.

The tax treatment and characterization of the Fund’s distributions may vary significantly from time to time depending on whether the Fund has gains or losses on the securities in its portfolio. The Fund’s distributions will normally reflect past and projected net investment income, and may include income from dividends and interest, capital gains and/or a return of capital. The final composition of the tax characteristics of the distributions cannot be determined with certainty until after the end of the year, and will be reported to shareholders at that time. The amount of distributions will vary, depending on a number of factors. As portfolio and market conditions change, the rate of dividends may change. There can be no assurance that the Fund will be able to declare a dividend distribution in each period. Past performance is no guarantee of future results.

Click here to access more detailed yearend tax information

Team

Resources

Regulatory Information

Fund Documents

Thought Leadership

MBBB