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A Durable Approach to Dividend Investing

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DURA
VanEck Vectors Morningstar Durable Dividend ETF

Fund Description

VanEck Vectors Morningstar Durable Dividend ETF (DURA®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Morningstar® US Dividend Valuation IndexSM (MSUSDVTU), which is intended to track the overall performance of high dividend yielding U.S. companies with strong financial health and attractive valuations according to Morningstar.

 
 

  • Fund Ticker

    DURA
  • Exchange

    Cboe
  • ETF Structure

    Physical
  • Administrator

    Van Eck Associates
  • Custodian

    State Street Bank and Trust Company
  • Index Ticker

    MSUSDVTU
  • Index Reconstitution

    Semi-Annually

 
as of 08/03/21

  • 30-Day SEC Yield1

    2.99%
  • Total Net Assets

    $52.6M
  • Number of Holdings

    81
  • Options

    Expected
  • Gross Expense Ratio2

    0.73%
  • Net Expense Ratio/TER2

    0.29%
  • Distribution Frequency

    Quarterly
Why Invest?

Key Points

  • High Dividend Yield Potential
    Index targets high yielding U.S. equities


  • Focus on Valuations
    Index allocates to those companies trading at the lowest prices relative to Morningstar’s estimate of fair value


  • Strong Financial Health
    Index components feature strong balance sheet health relative to peers

Yield
as of 08/03/21

  • 30-Day SEC Yield1

    2.99%
  • Distribution Yield1

    2.35%
  • 12-Month Yield1

    2.87%
 1 See Important Disclosure for definitions.

Fees and Expenses2

  • Management Fee

    0.29%
  • Other Expenses

    0.44%
  • Gross Expense Ratio

    0.73%
  • Fee Waivers and
    Expense Reimbursement

    -0.44%
  • Net Expense Ratio/TER2

    0.29%
2Expenses for DURA are capped contractually at 0.29% until February 1, 2022. Cap excludes acquired fund fees and expenses, interest expense, trading expenses, taxes and extraordinary expenses.

Trading Information

  • Fund Ticker

    DURA
  • Index Total Return Ticker

    MSUSDVTU
  • NAV

    DURANV
  • Intraday NAV (IIV)4

    DURAIV
  • Shares Outstanding

    1,650,000
  • Estimated Cash

    DURAEU
  • Total Cash

    DURATC
  • CUSIP

    92189H102
  • ISIN

    US92189H1023
Source: Bloomberg

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 08/03/21

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
DURA $31.88
$31.87
5,597
4,019
$0.26 / +0.84%
$0.25 / +0.78%
+13.76%
+13.55%
$-0.01
-0.02%
0.03%

Premium/Discount History as of 08/03/21

Calendar Year 2020 3Q 2020 4Q 2020 1Q 2021 2Q 2021 Premium/Discount Charts NAV & Prem/Discount History
Days closed at a premium 138 21 37 49 40
DURA Days closed at NAV 42 18 11 6 10
Days closed at a discount 73 25 16 6 13


Performance History: Average Annual Total Returns* (%)

1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
10/30/18
DURA (NAV) -0.65 3.22 9.64 24.48 -- -- -- 11.16
DURA (Share Price) -0.64 3.14 9.76 24.50 -- -- -- 11.20
MSUSDVTU (Index)** -0.62 3.31 8.87 24.90 11.69 -- -- 11.47
Performance Differential (NAV - Index) -0.03 -0.09 0.77 -0.42 -- -- -- -0.31
1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
10/30/18
DURA (NAV) -0.65 3.22 9.64 24.48 -- -- -- 11.16
DURA (Share Price) -0.64 3.14 9.76 24.50 -- -- -- 11.20
MSUSDVTU (Index)** -0.62 3.31 8.87 24.90 11.69 -- -- 11.47
Performance Differential (NAV - Index) -0.03 -0.09 0.77 -0.42 -- -- -- -0.31

Top 10 Holdings (%) as of 06/30/21 Daily Holdings

Total Holdings: 81
Swipe
to view
full data
Holding Name
Ticker
Shares Market Value
(US$)
% of Net
Assets
PFIZER INC
PFE US
62,240
2,437,318 5.01
JOHNSON & JOHNSON
JNJ US
13,969
2,301,253 4.73
ABBVIE INC
ABBV US
20,209
2,276,342 4.68
JPMORGAN CHASE & CO
JPM US
14,374
2,235,732 4.59
AT&T INC
T US
76,828
2,211,110 4.54
VERIZON COMMUNICATIONS INC
VZ US
38,825
2,175,365 4.47
PHILIP MORRIS INTERNATIONAL INC
PM US
21,737
2,154,354 4.43
PROCTER & GAMBLE CO/THE
PG US
15,737
2,123,393 4.36
CISCO SYSTEMS INC/DELAWARE
CSCO US
32,209
1,707,077 3.51
COCA-COLA CO/THE
KO US
31,535
1,706,359 3.51
Top 10 Total (%) 43.83
These are not recommendations to buy or to sell any security. Securities and holdings may vary.

Country Weightings (%) as of 06/30/21

  • Country

    % of Net Assets
  • United States

    99.64
  • Spain

    0.06
  • Other/Cash

    0.31

Sector Weightings (%) as of 06/30/21

  • Sector

    % of Net Assets
  • Health Care

    26.2
  • Consumer Staples

    24.9
  • Communication Services

    11.3
  • Utilities

    10.7
  • Financials

    8.9
  • Industrials

    8.2
  • Information Technology

    4.5
  • Consumer Discretionary

    3.6
  • Materials

    1.6
  • Other/Cash

    0.3