VanEck Office and Commercial REIT ETF (DESK)
| Assets | $2.12M |
| Expense Ratio | 0.50% |
| PE Ratio | 31.54 |
| Shares Out | 50,000 |
| Dividend (ttm) | $1.88 |
| Dividend Yield | 4.36% |
| Ex-Dividend Date | Oct 1, 2024 |
| Payout Ratio | 134.87% |
| 1-Year Return | +9.12% |
| Volume | 2,324 |
| Open | 43.42 |
| Previous Close | 41.90 |
| Day's Range | 42.81 - 43.42 |
| 52-Week Low | 33.53 |
| 52-Week High | 47.50 |
| Beta | n/a |
| Holdings | 25 |
| Inception Date | Sep 19, 2023 |
About DESK
Fund Home PageThe VanEck Office and Commercial REIT ETF (DESK) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks a tiered modified market-cap weighted index composed of US-listed Office and Commercial REITs. The fund targets the top 25 highest ranked Office and Commerical REITs based on market cap and liquidity DESK was launched on Sep 19, 2023 and is issued by VanEck.
Top 10 Holdings
71.68% of assets| Name | Symbol | Weight |
|---|---|---|
| Vornado Realty Trust | VNO | 12.43% |
| BXP, Inc. | BXP | 10.19% |
| Kilroy Realty Corporation | KRC | 9.61% |
| SL Green Realty Corp. | SLG | 8.27% |
| Cousins Properties Incorporated | CUZ | 7.05% |
| COPT Defense Properties | CDP | 7.05% |
| Douglas Emmett, Inc. | DEI | 4.74% |
| Highwoods Properties, Inc. | HIW | 4.43% |
| Simon Property Group, Inc. | SPG | 4.39% |
| Realty Income Corporation | O | 3.51% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Oct 1, 2024 | $0.331 | Oct 4, 2024 |
| Jul 1, 2024 | $0.406 | Jul 5, 2024 |
| Apr 1, 2024 | $0.479 | Apr 5, 2024 |
| Dec 27, 2023 | $0.6667 | Dec 29, 2023 |
News
Office Market Experiencing 'An Existential Crisis'
The market's optimism about the economy may be overlooking red flags, including sticky inflation and the potential for an aggressive easing cycle. The office real estate sector is facing significant c...
VanEck Launches Office and Commercial REIT ETF (DESK)
NEW YORK--(BUSINESS WIRE)--VanEck is today launching the VanEck Office and Commercial REIT ETF (DESK), the only ETF that offers focused exposure to U.S. office REITs.