Symbols

NLR

VanEck Uranium and Nuclear ETF·NYSE

--(--)

Key Stats

Assets Under Management

3.60BUSD

Fund Flows (1Y)

2.37BUSD

Dividend Yield

2.55%

Discount/Premium to NAV

0.14%

Shares Outstanding

29.10M

Expense Ratio

0.56%

About VanEck Uranium and Nuclear ETF

Issuer

Van Eck Associates Corporation

Brand

VanEck

Home Page

https://www.vaneck.com/us/en/investments/uranium-nuclear-energy-etf-nlr/overview/?redirectVE=generic

Inception Date

Aug 13, 2007

Structure

Open-Ended Fund

Index Tracked

MVIS Global Uranium & Nuclear Energy 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.

NLR holds a narrow portfolio of companies involved in the nuclear energy industry, ranging from industrial conglomerates to uranium miners. Eligible firms must derive at least 50% of their revenue from this segment. The fund heavily overweights utilities and carries little weight in energy, giving it a large-cap tilt. NLR is also highly US- and Japan-centric, leaving little exposure to other heavyweights in the nuclear industry, like Canada and France. In addition, the index selects and weights holdings by market-cap, with individual weights capped at 8%. The index is reviewed quarterly.