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DURA
VanEck Morningstar Durable Dividend ETF

Fund Description

VanEck 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 08/16/22

  • 30-Day SEC Yield

    3.00%
  • Total Net Assets

    $83.9M
  • Number of Holdings

    81
  • Options

    No
  • Gross Expense Ratio2

    0.29%
  • Net Expense Ratio/TER2

    0.29%
  • Distribution Frequency

    Quarterly
  • Next Distribution Date

    09/30/2022

Index Key Points

Underlying Index: 

Morningstar®US Dividend Valuation IndexSM

The Index Composition:

The Index contains high dividend yielding U.S. companies with strong financial health and attractive valuations according to Morningstar.

Companies eligible for inclusion in the Index:

  • Derived from Morningstar®US Market IndexSM(Parent Index)
  • Companies must pay qualifying dividends; and
  • Top 50% as measured by trailing 12 month dividend yield; and
  • Top 50% of their peer group as measured by distance to default score; and
  • Top 70% most attractively priced as measured by Morningstar Star Score; and

Methodology Highlights:

  • Distance to Default Score: a structural or contingent claim model that takes advantage of both market information and accounting financial information to determine the expectation that default will occur.
  • Morningstar Star Score: a company’s fair value is used in combination with the Index’s Provider’s equity research team’s uncertainty rating to assign a star score

Reconstitution Frequency:

Semi-Annual (March & September)

Index provider:

Morningstar, Inc.

Index Profile

  • Ticker

    MSUSDVTU
  • Inception Date

    04/23/2018
  • Reconstitution Frequency

    Semi-Annually

Index Top 10 Constituents (%) as of 07/31/22

Total Constituents: 81
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full data
Constituent Name Ticker Weightings (%)
Johnson & Johnson JNJ US 5.19
Philip Morris International PM US 4.88
Merck & Co. Inc. MRK US 4.73
Coca-Cola Co/The KO US 4.39
Jpmorgan Chase & Co JPM US 4.35
Verizon Communications Inc VZ US 4.32
Pepsico Inc PEP US 4.03
Altria Group Inc MO US 3.43
Broadcom Inc AVGO US 3.40
Cisco Systems Inc CSCO US 3.12
Top 10 Total (%) 41.86
These are not recommendations to buy or to sell any security. Securities and holdings may vary.

Index Country Weightings (%) as of 07/31/22

  • Country

    % of Net Assets
  • United States

    99.35
  • United Kingdom

    0.65

Index Sector Weightings (%) as of 07/31/22

  • Sector

    % of Net Assets
  • Consumer Staples

    24.1
  • Health Care

    19.8
  • Information Technology

    11.4
  • Financials

    10.1
  • Industrials

    9.1
  • Utilities

    8.6
  • Communication Services

    6.7
  • Consumer Discretionary

    5.0
  • Energy

    2.8
  • Materials

    2.3