Symbols

MBBB

VanEck Moody's Analytics BBB Corporate Bond ETF·CBOE

--(--)

Key Stats

Assets Under Management

8.68MUSD

Fund Flows (1Y)

-1.08MUSD

Dividend Yield

4.97%

Discount/Premium to NAV

Shares Outstanding

400.00K

Expense Ratio

0.25%

About VanEck Moody's Analytics BBB Corporate Bond ETF

Issuer

Van Eck Associates Corporation

Brand

VanEck

Home Page

https://www.vaneck.com/us/en/investments/moodys-analytics-bbb-corporate-bond-etf-mbbb/overview/

Inception Date

Dec 1, 2020

Structure

Open-Ended Fund

Index Tracked

MVIS Moody's Analytics US BBB Corporate Bond Index

Management Style

Passive

Dividend Treatment

Distributes

Distribution Tax Treatment

Ordinary income

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

Van Eck Associates Corp.

Distributor

Van Eck Securities Corp.

MBBB tracks an index that uses Moody's owned credit risk metric to identify BBB-rated corporate bonds that exhibit low risk of being downgraded, and offer an excess spread over its fair value. The underlying index is comprised of USD-denominated bonds issued in the US domestic market by US and non-US issuers. Weightings are capped at 25% per business sector and 5% per issuer of corporate bond. Excess weights are redistributed proportionally across all other uncapped corporate bonds. Selected bonds must have a minimum of 12 months to final maturity to remain included in the index . Bonds that are no longer BBB-rated due to credit downgrade or upgrade are removed from the index at each monthly rebalance.