Key stats
About VanEck Moody's Analytics BBB Corporate Bond ETF
Expense ratio
0.25%
Home page
Inception date
Dec 1, 2020
MBBB tracks an index that uses Moodys owned credit risk metric to identify BBB-rated corporate bonds that exhibit low risk of being downgraded, and offer an excess spread over its fair value. The underlying index is comprised of USD-denominated bonds issued in the US domestic market by US and non-US issuers. Weightings are capped at 25% per business sector and 5% per issuer of corporate bond. Excess weights are redistributed proportionally across all other uncapped corporate bonds. Selected bonds must have a minimum of 12 months to final maturity to remain included in the index . Bonds that are no longer BBB-rated due to credit downgrade or upgrade are removed from the index at each monthly rebalance.
Classification
What's in the fund
Exposure type
Corporate
Bonds, Cash & Other100.00%
Corporate99.33%
Cash0.67%
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