VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF

The VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF is an exchange-traded fund that tracks the Morningstar Developed Markets Large Cap Dividend Leaders Screened Select Index, focusing on the top 100 high-dividend-yielding companies from developed markets worldwide. It selects large-cap stocks based on dividend yield, consistency in payments over the past five years, and sustainability, with weights determined by total dividends paid and a 40% sector cap for diversification. The ETF applies ESG screenings, excluding companies involved in UN Global Compact violations, controversial products, and high ESG risks, as assessed by Sustainalytics, without making sustainability its primary objective. Key holdings include Exxon Mobil Corp, Verizon Communications Inc, Nestle SA, Pfizer Inc, and Roche Holding AG, spanning sectors like financial services (31%), energy (18%), consumer defensive (32%), and healthcare (15%), with major exposure to the United States, Switzerland, and Europe. Domiciled in the Netherlands and launched in 2016, it distributes dividends quarterly, offering investors regular income from resilient dividend payers while maintaining a total expense ratio of 0.38% and a fund size exceeding EUR 6 billion. This ETF plays a significant role in providing diversified access to global equity income strategies in developed markets.