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EINC

VanEck Energy Income ETF·NYSE
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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%

Asset

Holdings

Symbol

Ratio

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WMB

The Williams
8.08%
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ENB

Enbridge
7.82%
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TRP

TC Energy
7.10%
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KMI

Kinder Morgan
6.76%
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LNG

Cheniere Energy
6.12%
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OKE

Oneok
5.51%

Symbol

Ratio

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TRGP

Targa Resources
5.13%
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ET

Energy Transfer
4.62%
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EPD

Enterprise Products
4.52%
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PBA

Pembina Pipeline
4.47%

Top 10 Weight 60.13%

10 Total Holdings

See all holdings

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