Symbols

VNM

VanEck Vietnam ETF·CBOE

--(--)

Key Stats

Assets Under Management

515.67MUSD

Fund Flow (1Y)

-20.14MUSD

Dividend Yield

0.23%

Discount / Premium to NAV

-0.24%

Shares Outstanding

31.15M

Expense Ratio

0.68%

About VanEck Vietnam ETF

Issuer

Van Eck Associates Corporation

Brand

VanEck

Home Page

https://www.vaneck.com/us/en/investments/vietnam-etf-vnm/overview/

Inception Date

Aug 11, 2009

Structure

Open-Ended Fund

Index Tracked

MarketVector Vietnam Local 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.

VNM extends beyond firms domiciled in Vietnam to include non-local companies generating at least 50% of revenues in Vietnam. In doing so, VNM adds exposure to different sectors via companies in other regions. Component securities are selected and weighted by market cap, with a cap of 8% per issuer. Reviews are made quarterly. Overall, it's a broad take on the Vietnamese market for those seeking a pure-play fund. Prior to March 17, 2023, the fund tracked the MVIS Vietnam Index with a similar strategy.