Symbols

OIH

VanEck Oil Services ETF·NYSE

--(--)

Key Stats

Assets Under Management

1.30BUSD

Fund Flows (1Y)

-181.15MUSD

Dividend Yield

1.71%

Discount/Premium to NAV

0.08%

Shares Outstanding

4.55M

Expense Ratio

0.35%

About VanEck Oil Services ETF

Issuer

Van Eck Associates Corporation

Brand

VanEck

Home Page

https://www.vaneck.com/us/en/investments/oil-services-etf-oih/overview/?redirectVE=generic

Inception Date

Dec 20, 2011

Structure

Open-Ended Fund

Index Tracked

MVIS US Listed Oil Services 25 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.

OIH had a makeover in late 2011 as the old 'Oil HOLDRS' was taken over by Van Eck and turned into a living, breathing ETF, with new management, and a simple strategy aimed at capturing the 25 largest and most liquid US-listed oil services companies. Although a fraction of its portfolio is focused overseas, OIH overweights the US and makes its own sector bets. Overall, the OIH offers extremely concentrated exposure with a strong bias to US-firms. The index is rebalanced semi-annually.