VanEck Morningstar Wide Moat Value ETF (MVAL)

Assets	$5.71M
Expense Ratio	0.49%
PE Ratio	19.91
Shares Out	150,000
Dividend (ttm)	$0.63
Dividend Yield	1.69%
Ex-Dividend Date	Dec 22, 2025
Payout Frequency	Annual
Payout Ratio	32.41%

Volume	360
Open	37.63
Previous Close	37.52
Day's Range	37.63 - 37.65
52-Week Low	27.40
52-Week High	38.44
Beta	n/a
Holdings	40
Inception Date	Mar 26, 2024

About MVAL

Fund Home Page

The VanEck Morningstar Wide Moat Value ETF (MVAL) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a modified equal-weighted index of 30 to 60 value-oriented US stocks that Morningstar determines to be attractively priced and have sustainable competitive advantages. MVAL was launched on Mar 26, 2024 and is issued by VanEck.

• Asset Class: Equity
• Category: Large Value
• Region: North America
• Stock Exchange: BATS
• Ticker Symbol: MVAL
• ETF Provider: VanEck
• Index Tracked: Morningstar US Broad Value Wide Moat Focus Index

Top 10 Holdings

42.41% of assets

Name	Symbol	Weight
Merck & Co., Inc.	MRK	4.89%
United Parcel Service, Inc.	UPS	4.77%
Bristol-Myers Squibb Company	BMY	4.62%
Constellation Brands, Inc.	STZ	4.52%
The Boeing Company	BA	4.52%
Danaher Corporation	DHR	4.42%
Kenvue Inc.	KVUE	4.09%
Zimmer Biomet Holdings, Inc.	ZBH	3.61%
The Estée Lauder Companies Inc.	EL	3.52%
The Campbell's Company	CPB	3.46%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 22, 2025	$0.6333	Dec 26, 2025
Dec 23, 2024	$0.3133	Dec 24, 2024

Performance

MVAL had a total return of 16.45% in the past year, including dividends. Since the fund's inception, the average annual return has been 13.38%.