EINC
VanEck Energy Income ETF·NYSE
--
--(--)
--
--(--)
Key Stats
Assets Under Management
91.23MUSD
Fund Flows (1Y)
7.61MUSD
Dividend Yield
4.17%
Discount/Premium to NAV
0.11%
Shares Outstanding
864.72K
Expense Ratio
0.46%
About VanEck Energy Income ETF
Issuer
Van Eck Associates Corporation
Brand
VanEck
Inception Date
Mar 12, 2012
Structure
Open-Ended Fund
Index Tracked
MVIS North America Energy Infrastructure Index
Management Style
Passive
Dividend Treatment
Distributes
Distribution Tax Treatment
Qualified dividends
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.
EINC targets MLPs and corporations involved in energy infrastructure/midstream segments located in North America. These include oil and gas pipeline companies, storage facilities, and activities associated with transporting, storing and gathering natural gas, NGLs, crude oil or refined products. Large- and mid-cap companies that derive at least 50% of their revenues from these business segments are eligible. The index selects and weights securities by market capitalization, with a target portfolio of 30 equities, composed of at least 6 MLPs and 15 corporations. Different single security weight caps are applied to MLPs and corporations: 4.5% for MLPs and 8% for corporations. The index is rebalanced semi-annually. Note: The ETF launched under the Yorkville brand from a white-label issuer, before Van Eck acquired the fund in Feb. 2016. Prior to Dec. 2, 2019, the fund's name was VanEck High Income MLP ETF and tracked the Solactive High Income MLP Index (ticker: YMLP).
Classification
Asset Class
Equity
Category
Sector
Focus
Energy
Niche
Broad-based
Strategy
Vanilla
Geography
North America
Weighting Scheme
Market Cap
Selection Criteria
Market cap
Analysis
Sector
Energy
100.00%
Energy
100.00%
Asset
Holdings
Symbol
Ratio
WMB
The Williams
8.15%
ENB
Enbridge
7.83%
TRP
TC Energy
7.14%
KMI
Kinder Morgan
6.78%
LNG
Cheniere Energy
5.97%
OKE
Oneok
5.49%
Symbol
Ratio
TRGP
Targa Resources
5.12%
EPD
Enterprise Products
4.48%
PBA
Pembina Pipeline
4.46%
DTM
DT Midstream
4.45%
Top 10 Weight 59.87%
10 Total Holdings
See all holdings
Related Funds
Seasonals
Volume Profile
Trade Flow Insight
Community Forum
Loading...
Related News
No articles available
You can ask Aime
No Data
