VANECK
DYNAMIC
HIGH
INCOME
ETF
SCHEDULE
OF
INVESTMENTS
July
31,
2024
(unaudited)
1
FootnoteRuleAboveBlank
Footnotes:
Par
(000's)
Value
GOVERNMENT
OBLIGATION:
4.7%
(Cost:
$36,507)
United
States
Treasury
Note/
Bond
4.75%,
11/15/43
37
$
38,653
Underline
Number
of
Shares
EXCHANGE
TRADED
FUNDS:
95.2%(a)
First
Trust
SMID
Cap
Rising
Dividend
Achievers
ETF
643
23,592
iShares
Residential
and
Multisector
Real
Estate
ETF
391
31,164
VanEck
BDC
Income
ETF ‡
3,996
66,573
VanEck
CLO
ETF ‡
387
20,503
VanEck
Durable
High
Dividend
ETF ‡
692
22,926
VanEck
Emerging
Markets
High
Yield
Bond
ETF ‡
3,679
71,557
Number
of
Shares
Value
VanEck
Energy
Income
ETF ‡
1,004
$
82,203
VanEck
Fallen
Angel
High
Yield
Bond
ETF ‡
9,897
285,925
VanEck
IG
Floating
Rate
ETF ‡
788
20,094
VanEck
Preferred
Securities
ex
Financials
ETF ‡
3,795
65,426
WisdomTree
Emerging
Markets
High
Dividend
Fund
492
21,215
WisdomTree
International
Hedged
Quality
Dividend
Growth
Fund
474
21,610
WisdomTree
Japan
Hedged
Equity
Fund
191
20,939
WisdomTree
U.S.
Quality
Dividend
Growth
Fund
276
22,011
Underline
Total
Exchange
Traded
Funds
(Cost:
$721,923)
775,738
Total
Investments:
99.9%
(Cost:
$758,430)
814,391
Other
assets
less
liabilities:
0.1%
803
NET
ASSETS:
100.0%
$
815,194
(a)
Each
underlying
fund’s
shareholder
reports
and
registration
documents
are
available
free
of
charge
on
the
SEC’s
website
at
https://
www.sec.gov.
‡
Affiliated
issuer
–
as
defined
under
the
Investment
Company
Act
of
1940.
Transactions
in
securities
of
affiliates
for
the
period
ended
July
31,
2024
were
as
follows:
Value
4/30/2024
Purchases
Sales
Proceeds
Realized
Gain
(Loss)
Net
Change
in
Unrealized
Appreciation
(Depreciation)
Value
7/31/2024
Dividend
Income
VanEck
BDC
Income
ETF
$66,533
$–
$–
$–
$40
$66,573
$1,812
VanEck
CLO
ETF
9,864
10,589
–
–
50
20,503
286
VanEck
Durable
High
Dividend
ETF
32,895
–
(11,250)
415
866
22,926
231
VanEck
Emerging
Markets
High
Yield
Bond
ETF
69,055
–
–
–
2,502
71,557
1,078
VanEck
Energy
Income
ETF
75,987
–
–
–
6,216
82,203
1,080
VanEck
Fallen
Angel
High
Yield
Bond
ETF
282,079
–
(2,317)
(11)
6,174
285,924
4,570
VanEck
IG
Floating
Rate
ETF
9,886
10,185
–
–
23
20,094
252
VanEck
Preferred
Securities
ex
Financials
ETF
64,439
–
–
–
987
65,426
853
$610,738
$20,774
$(13,567)
$404
$16,858
$635,206
$10,162