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Trending ETFs

Name

As of 01/19/2022

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$26.68

$35.2 M

1.39%

$0.37

1.01%

Vitals

YTD Return

-22.4%

1 yr return

11.7%

3 Yr Avg Return

10.6%

5 Yr Avg Return

7.6%

Net Assets

$35.2 M

Holdings in Top 10

93.7%

52 WEEK LOW AND HIGH

$26.7
$26.68
$35.40

Expenses

OPERATING FEES

Expense Ratio 1.01%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 164.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$1,000,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 01/19/2022

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$26.68

$35.2 M

1.39%

$0.37

1.01%

NDRUX - Profile

Distributions

  • YTD Total Return -22.4%
  • 3 Yr Annualized Total Return 10.6%
  • 5 Yr Annualized Total Return 7.6%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.26%
DIVIDENDS
  • Dividend Yield 1.4%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    VanEck NDR Managed Allocation Fund
  • Fund Family Name
    VanEck
  • Inception Date
    May 11, 2016
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    David Schassler

Fund Description

The Adviser seeks to achieve the Fund’s investment objective by investing, under normal conditions, primarily in (i) exchange traded products that are registered under the federal securities laws (“Exchange Traded Products”) and invest in domestic and foreign equity and debt securities, including exchange traded funds (“ETFs”) and exchange traded notes (“ETNs”); and (ii) cash or cash equivalents. The securities held by the Exchange Traded Products include equity securities of companies of any market capitalization, debt securities of any credit quality, duration and maturity and emerging market securities. The Adviser expects to invest the Fund’s assets primarily in unaffiliated, passively-managed Exchange Traded Products.
The Adviser uses a customized version of a global tactical asset allocation model (the “VE NDR Model”) developed by Ned Davis Research, Inc. (“NDR”). The VE NDR Model uses customized parameters to guide asset allocation decisions. The VE NDR Model combines the signals generated by various NDR sub-models, which, in the aggregate, aim to enhance asset allocation by tilting portfolio weightings toward asset classes believed to be more attractive than others given perceived market trends, current opportunities and/or risks in the market. The sub-models use fundamental, macroeconomic and technical indicators to generate allocation signals among (i) stocks, bonds and cash, (ii) geographical locations and (iii) market capitalization (e.g., company size) and investment style (e.g., value and growth). As used herein, the term “signals” refers to allocation percentages generated by the VE NDR Model.
Fundamental and macroeconomic indicators used by the sub-models may include, but are not limited to, investor sentiment, earnings, monetary policy, inflation and yield curves. Technical indicators used by the sub-models may include, but are not limited to, trend, mean reversion, momentum and seasonality. The Adviser allocates the Fund’s assets to those Exchange Traded Products that it believes will have returns that, in the aggregate, closely correlate (before fees and expenses) to the return of the VE NDR Model. The VE NDR Model typically adjusts its signals on a monthly basis.
A significant portion of the Fund’s assets may be held in cash or cash equivalents including, but not limited to, money market instruments, U.S. Treasury bills, interests in short-term investment funds or shares of money market or short-term bond funds. The Fund may engage in active and frequent trading of portfolio securities.
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NDRUX - Performance

Return Ranking - Trailing

Period NDRUX Return Category Return Low Category Return High Rank in Category (%)
YTD -22.4% -22.5% 32.5% 99.65%
1 Yr 11.7% -10.6% 48.3% 53.71%
3 Yr 10.6%* 2.3% 38.6% 61.54%
5 Yr 7.6%* 1.6% 33.2% 55.51%
10 Yr N/A* -0.3% 12.1% N/A

* Annualized

Return Ranking - Calendar

Period NDRUX Return Category Return Low Category Return High Rank in Category (%)
2023 9.8% -19.0% 48.3% 20.00%
2022 7.3% -16.5% 52.8% 39.00%
2021 9.6% -10.4% 27.3% 52.38%
2020 -9.5% -29.6% 2.4% 42.06%
2019 13.0% -11.6% 29.4% 21.92%

Total Return Ranking - Trailing

Period NDRUX Return Category Return Low Category Return High Rank in Category (%)
YTD -22.4% -22.5% 32.5% 99.65%
1 Yr 11.7% -14.1% 48.3% 48.06%
3 Yr 10.6%* 1.5% 38.6% 57.31%
5 Yr 7.6%* 1.3% 33.2% 52.12%
10 Yr N/A* -0.3% 12.1% N/A

* Annualized

Total Return Ranking - Calendar

Period NDRUX Return Category Return Low Category Return High Rank in Category (%)
2023 9.8% -19.0% 48.3% 20.00%
2022 7.3% -16.5% 52.8% 39.00%
2021 9.6% -10.4% 27.3% 52.38%
2020 -9.5% -29.6% 2.4% 64.38%
2019 15.5% -5.4% 29.4% 26.94%

NAV & Total Return History


NDRUX - Holdings

Concentration Analysis

NDRUX Category Low Category High NDRUX % Rank
Net Assets 35.2 M 2.29 M 17.4 B 82.33%
Number of Holdings 15 2 3147 76.68%
Net Assets in Top 10 33.1 M -76.6 M 11.4 B 75.27%
Weighting of Top 10 93.73% 15.5% 100.0% 26.02%

Top 10 Holdings

  1. iShares Russell 1000 Value ETF 23.30%
  2. iShares Russell 1000 Growth ETF 19.14%
  3. iShares Core US Aggregate Bond ETF 11.73%
  4. Vanguard Total Bond Market ETF 11.71%
  5. iShares MSCI Eurozone ETF 8.23%
  6. JPMorgan BetaBuilders Japan ETF 4.52%
  7. iShares Russell 2000 Value ETF 4.49%
  8. Invesco Shrt-Trm Inv Treasury Instl 3.96%
  9. iShares Russell 2000 Growth ETF 3.46%
  10. iShares Core MSCI Emerging Markets ETF 3.18%

Asset Allocation

Weighting Return Low Return High NDRUX % Rank
Stocks
72.38% 0.00% 238.38% 34.98%
Bonds
22.15% 0.00% 375.28% 46.64%
Cash
5.25% -359.91% 76.70% 44.17%
Convertible Bonds
0.21% 0.00% 6.12% 38.52%
Other
0.01% -72.87% 74.03% 55.83%
Preferred Stocks
0.00% 0.00% 12.18% 67.14%

Stock Sector Breakdown

Weighting Return Low Return High NDRUX % Rank
Technology
20.38% 0.00% 54.08% 42.91%
Financial Services
14.99% 0.00% 100.00% 29.92%
Healthcare
13.00% 0.00% 38.63% 32.68%
Consumer Cyclical
11.71% 0.00% 30.30% 40.55%
Industrials
11.11% 0.00% 25.47% 24.80%
Communication Services
7.72% 0.00% 23.70% 46.85%
Consumer Defense
6.63% 0.00% 25.27% 31.89%
Basic Materials
4.04% 0.00% 59.69% 45.67%
Real Estate
3.82% 0.00% 72.00% 46.06%
Energy
3.58% 0.00% 60.37% 38.58%
Utilities
3.01% 0.00% 91.12% 29.53%

Stock Geographic Breakdown

Weighting Return Low Return High NDRUX % Rank
US
50.03% 0.00% 235.84% 39.93%
Non US
22.35% -9.69% 64.60% 22.97%

Bond Sector Breakdown

Weighting Return Low Return High NDRUX % Rank
Government
36.77% 0.00% 96.71% 45.23%
Corporate
22.18% 0.00% 99.91% 21.55%
Cash & Equivalents
21.96% 0.00% 100.00% 65.02%
Securitized
18.51% 0.00% 59.47% 6.71%
Municipal
0.58% 0.00% 24.20% 8.13%
Derivative
0.00% 0.00% 76.23% 69.61%

Bond Geographic Breakdown

Weighting Return Low Return High NDRUX % Rank
US
20.56% -8.16% 203.97% 40.28%
Non US
1.59% -20.23% 171.31% 54.77%

NDRUX - Expenses

Operational Fees

NDRUX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.01% 0.38% 3.80% 73.84%
Management Fee 0.80% 0.00% 1.50% 48.40%
12b-1 Fee 0.00% 0.00% 1.00% 17.88%
Administrative Fee N/A 0.05% 0.70% N/A

Sales Fees

NDRUX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

NDRUX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

NDRUX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 164.00% 0.00% 443.30% 66.52%

NDRUX - Distributions

Dividend Yield Analysis

NDRUX Category Low Category High NDRUX % Rank
Dividend Yield 1.39% 0.00% 0.34% 51.59%

Dividend Distribution Analysis

NDRUX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Monthly Annually

Net Income Ratio Analysis

NDRUX Category Low Category High NDRUX % Rank
Net Income Ratio 1.26% -2.33% 9.24% 25.98%

Capital Gain Distribution Analysis

NDRUX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

NDRUX - Fund Manager Analysis

Managers

David Schassler


Start Date

Tenure

Tenure Rank

May 11, 2016

5.64

5.6%

Mr. Schassler joined VanEck in 2012. He serves as the Head of VanEck’s Portfolio and Risk Solutions Group “PARS”. PARS serves as a quantitative analysis resource for VanEck’s active and passive investment strategies, particularly in the areas of asset allocation and risk modeling. PARS also conducts its own asset allocation and product development research, utilizing objective macroeconomic/ fundamental, technical, and sentiment data and metrics. Mr. Schassler also serves as Portfolio Manager for the VanEck NDR Managed Allocation Fund and the VanEck Vectors Real Asset Allocation ETF. He previously served as Director of Manager Research and as an Investment Committee Member for VanEck’s multi-manager alternatives strategies, where he was responsible for manager search and selection of alternative investment strategies. Prior to joining VanEck, Mr. Schassler served as Director and Portfolio Manager within the UBS Portfolio Strategy Group where he was responsible for a multi-manager portfolio of assets for domestic-based clients. He previously held sales and client relationship roles at Oppenheimer & Co. and Georgeson, Inc. Mr. Schassler received an MBA in Finance from the New York University Leonard N. Stern School of Business and a BS in Business Economics from Cortland College.

John Lau


Start Date

Tenure

Tenure Rank

May 11, 2016

5.64

5.6%

Mr. Lau has been with Van Eck Associates Corporation since 2007.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.19 33.41 6.13 12.59