VanEck Vectors Moody's Analytics IG Corporate Bond ETF (MIG)
| Assets | $12.92M |
| NAV | $21.54 |
| Expense Ratio | 0.20% |
| PE Ratio | n/a |
| Shares Out | 600,000 |
| Dividend (ttm) | $0.18 |
| Dividend Yield | 0.85% |
| Ex-Dividend Date | Aug 1, 2022 |
| 1-Year Return | -14.05% |
| Volume | 3 |
| Open | 22.68 |
| Previous Close | 21.70 |
| Day's Range | 21.50 - 21.50 |
| 52-Week Low | 22.46 |
| 52-Week High | 25.35 |
| Beta | 0.26 |
| Holdings | 209 |
| Inception Date | Dec 1, 2020 |
About MIG
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
12.14% of assets| Name | Symbol | Weight |
|---|---|---|
| Barclays PLC 5.2% | BACR 5.2 05.12.26 | 1.58% |
| Credit Suisse Group AG 4.194% | CS V4.194 04.01.31 144A | 1.38% |
| Barclays PLC 2.645% | BACR V2.645 06.24.31 | 1.29% |
| Wells Fargo & Company 5.013% | WFC V5.013 04.04.51 MTN | 1.22% |
| Verizon Communications Inc. 4.016% | VZ 4.016 12.03.29 | 1.17% |
| Societe Generale S.A. 4.25% | SOCGEN 4.25 04.14.25 144A | 1.17% |
| T-Mobile USA, Inc. 3.75% | TMUS 3.75 04.15.27 | 1.16% |
| T-Mobile USA, Inc. 3.875% | TMUS 3.875 04.15.30 | 1.12% |
| Danske Bank A/S 1.621% | DANBNK V1.621 09.11.26 144A | 1.05% |
| Verizon Communications Inc. 4.125% | VZ 4.125 03.16.27 | 1.00% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Nov 1, 2021 | $0.0473 | Nov 5, 2021 |
| 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 |
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