MIG
VanEck Moody’s Analytics IG Corporate Bond ETF
MIG
VanEck Moody’s Analytics IG Corporate Bond ETF
-
NAV
$20.70
as of June 02, 2023 -
YTD RETURNS
2.31%
as of June 02, 2023 -
Total Net Assets
$12.42M
as of June 02, 2023 -
Total Expense Ratio
0.20% -
Inception Date
12/01/2020 -
30-Day SEC Yield
5.38%
MIG Fees & Expenses: 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, 2023. “Other Expenses” have been restated to reflect current fees.
Fund Description
VanEck Moody’s Analytics® IG 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 Investment Grade Corporate Bond Index, which includes investment grade corporate bonds that have attractive valuations and a lower probability of being downgraded to high yield compared to other investment grade bonds.
Overview
Fund Highlights
- Selects bonds with attractive risk-adjusted valuations, providing outperformance potential versus the broader market
- Quantitative approach uses market-based information, including the issuer’s stock price, to develop a forward looking assessment of credit risk
- Powered by Moody’s Analytics credit risk platform, which is relied upon by over 650 of the world’s largest institutional investors