VanEck Vectors Moody's Analytics IG Corporate Bond ETF (MIG)
| Assets | $14.83M |
| NAV | $24.72 |
| Expense Ratio | 0.20% |
| PE Ratio | n/a |
| Shares Out | 600,000 |
| Dividend (ttm) | $0.45 |
| Dividend Yield | 1.81% |
| Ex-Dividend Date | Oct 1, 2021 |
| 1-Year Return | - |
| Volume | 12 |
| Open | 24.75 |
| Previous Close | 24.75 |
| Day's Range | 24.70 - 24.75 |
| 52-Week Low | 23.91 |
| 52-Week High | 25.27 |
| Beta | 0.34 |
| Holdings | 159 |
| Inception Date | Dec 1, 2020 |
About MIG
The investment seeks to track, as closely as possible, before fees and expenses, the price and yield performance of the MVIS® Moody's Analytics® US Investment Grade Corporate Bond Index. The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The inndex is comprised of U.S. dollar-denominated corporate bonds issued in the U.S. domestic market that have an investment grade rating based on the bond's composite rating, which is an average of ratings from various rating agencies. It is non-diversified.
Top 10 Holdings
14.98% of assets| Name | Symbol | Weight |
|---|---|---|
| Credit Suisse Group AG 4.194% | N/A | 1.87% |
| Lloyds Banking Group plc 4.55% | N/A | 1.55% |
| Barclays PLC 5.2% | N/A | 1.54% |
| T-Mobile USA, Inc. 3.875% | N/A | 1.48% |
| Standard Chartered plc 5.2% | N/A | 1.47% |
| Societe Generale S.A. 4.25% | N/A | 1.46% |
| Saudi Arabian Oil Company 3.5% | N/A | 1.45% |
| GE Capital International Funding Company Unlimited Company 4.418% | N/A | 1.42% |
| Wells Fargo & Company 5.013% | N/A | 1.38% |
| Barclays PLC 2.645% | N/A | 1.36% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Oct 1, 2021 | $0.0425 | Oct 7, 2021 |
| Sep 1, 2021 | $0.0463 | Sep 8, 2021 |
| Aug 2, 2021 | $0.0469 | Aug 6, 2021 |
| Jul 1, 2021 | $0.0433 | Jul 8, 2021 |
| Jun 1, 2021 | $0.0466 | Jun 7, 2021 |
| May 3, 2021 | $0.0436 | May 7, 2021 |
News
It's Not Just for Stocks: Valuations Matter with Corporate Bonds Too
Investors frequently hear about valuations as they realte to equities, but hunting for good bargains also has its applications in the world of corporate bonds. The VanEck Vectors Moody's Analytics IG Co...
4 Tactical ETFs to Consider for Corporate Bond Exposure
Higher-than-average yield is the number one reason most fixed income investors will add corporate bonds to their debt portfolio. Whether you're looking for safer haven, investment-grade corporate bonds,...
What If You Could Use the Latest Statistical Expertise to Analyze Default Risk?
The vast corporate bond market is rife with data that is conducive to analytics. VanEck was quick to recognize the opportunity and collaborate with ratings company Moody's to create the VanEck Vectors M...
VanEck Debuts 2 Corporate Bond ETFs Based on Moody's Analytics Credit Model
VanEck debuted two new corporate bond ETFs on Wednesday designed to provide investors with important new tools to enhance their investment grade bond exposures. The VanEck Vectors Moody's Analytics IG C...
VanEck Launches Two Corporate Bond ETFs Based on Leading1 Credit Model From Moody's Analytics
MIG and MBBB utilize Moody's Analytics credit risk data to look beyond traditional fixed income risk measures in selecting investment grade and BBB-rated bonds with the most attractive valuations