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NLRVanEck Uranium+Nuclear Energy ETF
Fund Description
VanEck Uranium+Nuclear Energy ETF (NLR®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS®Global Uranium & Nuclear Energy Index (MVNLRTR), which is intended to track the overall performance of companies involved in: (i) uranium mining or uranium mining projects that have the potential, in MarketVector Indexes GmbH's (the "Index Provider") view, when such projects are developed are expected to generate at least 50% of a company's revenues or are expected to constitute at least 50% of such company's assetsÍž (ii) the construction, engineering and maintenance of nuclear power facilities and nuclear reactorsÍž (iii) the production of electricity from nuclear sourcesÍž or (iv) providing equipment, technology and/or services to the nuclear power industry.
-
Fund Ticker
NLR -
Exchange
NYSE Arca -
Inception Date
08/13/2007 -
ETF Structure
Physical -
Administrator
Van Eck Associates -
Index Ticker
MVNLRTR -
Index Rebalancing
Quarterly
as of 08/17/22
-
30-Day SEC Yield1
2.23% -
Total Net Assets
$53.2M -
Number of Holdings
25 -
Options
Available -
Gross Expense Ratio2
0.89% -
Net Expense Ratio/TER2
0.60% -
Distribution Frequency
Annual -
Next Distribution Date
12/16/2022
Key Points
- Access to Important Segment of Clean Energy Market
Nuclear is a significant clean energy source at an inflection point where governments must reconcile downward trending nuclear energy output with increasing demand for clean energy
- Comprehensive Nuclear Energy Exposure
Index targets companies across the uranium and nuclear energy industry including uranium mining, production of electricity and suppliers and service providers
- Pure Play with Global Scope
Companies must derive at least 50% of total revenues from the nuclear energy industry to be added to the Index
Trading Information
-
Fund Ticker
NLR -
Index Total Return Ticker
MVNLRTR -
NAV
NLRNV -
Intraday NAV (IIV)4
NLRIV -
Shares Outstanding
941,632 -
Estimated Cash
NLREU -
Total Cash
NLRTC -
CUSIP
92189F601 -
ISIN
US92189F6016
Fees and Expenses2
-
Management Fee
0.50% -
Other Expenses
0.39% -
Gross Expense Ratio
0.89% -
Fee Waivers and
-0.29%
Expense Reimbursement -
Net Expense Ratio/TER2
0.60%
2Expenses for NLR are capped contractually at 0.60% until May 1, 2023. Cap excludes acquired fund fees and expenses, interest expense, trading expenses, taxes and extraordinary expenses.
Investment Professionals
Peter Liao, CFA
- 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
Griffin Driscoll
- Analyst for Equity ETFs
- Joined VanEck in 2018
- Prior to joining VanEck, ETF Basket Operations Analyst at JPMorgan
- BS, Finance, Providence College
Ralph Lasta
- Analyst for Equity ETFs
- Joined VanEck in 2019
- Prior to VanEck, Intermediate Representative, Exchange Traded Funds at BNY Mellon.
- BS, Accounting, Hunter College
Performance History: Average Annual Total Returns* (%)
1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR |
LIFE 08/13/07 |
|
---|---|---|---|---|---|---|---|---|
NLR (NAV) | 6.39 | 0.50 | 1.09 | 9.30 | 6.05 | 4.62 | 5.78 | -1.63 |
NLR (Share Price) | 6.37 | 0.68 | 1.47 | 9.24 | 6.23 | 4.78 | 5.82 | -1.62 |
MVNLRTR (Index)5 | 6.39 | 0.16 | 1.02 | 9.04 | 5.84 | 4.36 | 5.43 | -1.77 |
Performance Differential (NAV - Index) | 0.00 | 0.34 | 0.07 | 0.26 | 0.21 | 0.26 | 0.35 | 0.14 |
1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR |
LIFE 08/13/07 |
|
---|---|---|---|---|---|---|---|---|
NLR (NAV) | -7.82 | -8.57 | -4.99 | 1.66 | 2.96 | 3.84 | 5.03 | -2.05 |
NLR (Share Price) | -7.68 | -8.05 | -4.61 | 1.64 | 3.12 | 3.90 | 5.09 | -2.03 |
MVNLRTR (Index)5 | -7.87 | -8.66 | -5.05 | 1.43 | 2.80 | 3.61 | 4.70 | -2.18 |
Performance Differential (NAV - Index) | 0.05 | 0.09 | 0.06 | 0.23 | 0.16 | 0.23 | 0.33 | 0.13 |
Top 10 Holdings (%) as of 07/31/22 Daily Holdings
to view
full data
Holding Name |
Ticker
|
Shares
|
Market Value (US$) |
% of Net Assets |
---|---|---|---|---|
Dominion Energy Inc |
D US |
49,693 |
4,073,832 | 8.23 |
Duke Energy Corp |
DUK US |
36,515 |
4,014,094 | 8.11 |
Public Service Enterprise Group Inc |
PEG US |
52,588 |
3,453,454 | 6.98 |
Electricite De France Sa |
EDF FP |
279,971 |
3,392,053 | 6.85 |
Constellation Energy Corp |
CEG US |
50,612 |
3,345,453 | 6.76 |
Entergy Corp |
ETR US |
25,576 |
2,944,565 | 5.95 |
Pg&E Corp |
PCG US |
230,379 |
2,501,916 | 5.06 |
Kansai Electric Power Co Inc/The |
9503 JP |
240,900 |
2,436,937 | 4.92 |
Cameco Corp |
CCJ US |
92,333 |
2,379,421 | 4.81 |
Pinnacle West Capital Corp |
PNW US |
30,434 |
2,235,986 | 4.52 |
Top 10 Total (%) | 62.20 |
Country Weightings (%) as of 07/31/22
-
Country
% of Net Assets -
■
United States
53.72 -
■
Japan
10.40 -
■
Canada
7.86 -
■
France
6.85 -
■
South Korea
4.23 -
■
Italy
4.07 -
■
Czech Republic
3.99 -
■
Finland
3.03 -
■
China
2.27 -
■
Kazakhstan
2.07 -
■
Australia
1.37 -
■
Other/Cash
0.12
Sector Weightings (%) as of 07/31/22
-
Sector
% of Net Assets -
■
Utilities
83.6 -
■
Energy
13.5 -
■
Industrials
2.7 -
■
Other/Cash
0.1