VANECK
HIP
SUSTAINABLE
MUNI
ETF
SCHEDULE
OF
INVESTMENTS
July
31,
2024
(unaudited)
1
Par
(000's)
Value
MUNICIPAL
BONDS:
96.3%
Arizona
:
3.1%
Arizona
Industrial
Development
Authority,
Educational
Facility,
KIPP
NYC
Public
Charter
Schools
-
Macombs
Facility
Project,
Series
A
(RB)
4.00%,
07/01/51(c)
$
400
$
366,869
Underline
California
:
19.1%
California
Health
Facilities
Financing
Authority,
Sutter
Health,
Series
A
(RB)
4.00%,
11/15/42(c)
300
298,918
City
of
Los
Angeles
Department
of
Airports,
Series
A
(RB)
5.00%,
05/15/51(c)
475
496,480
El
Dorado
Irrigation
District,
Series
C
(RB)
4.00%,
03/01/34(c)
250
252,840
Los
Angeles
Unified
School
District,
Series
A
(GO)
5.00%,
07/01/28(c)
250
254,335
San
Francisco
City
&
County,
International
Airport,
Series
E
(RB)
5.00%,
05/01/34(c)
370
390,891
State
of
California,
Various
Purpose
(GO)
5.00%,
04/01/27
250
263,924
University
of
California,
Series
BB
(RB)
5.00%,
05/15/49(c)
250
266,087
2,223,475
Colorado
:
2.2%
State
of
Colorado,
Series
A
(CP)
4.00%,
12/15/40(c)
250
254,041
Underline
Connecticut
:
2.2%
State
of
Connecticut,
Series
A
(GO)
4.00%,
04/15/36(c)
250
253,804
Underline
Hawaii
:
4.4%
City
and
County
of
Honolulu,
Wastewater
System,
Series
A
(RB)
4.00%,
07/01/33(c)
510
514,488
Underline
Massachusetts
:
5.3%
Commonwealth
of
Massachusetts
Federal
Highway
Grant
Anticipation
Notes,
Series
A
(RB)
5.00%,
06/15/27(c)
250
250,346
Commonwealth
of
Massachusetts,
Series
B
(GO)
5.00%,
11/01/24
360
361,824
612,170
Par
(000’s)
Value
Michigan
:
2.0%
Michigan
Finance
Authority,
Trinity
Health
Credit
Group,
Series
A
(RB)
4.00%,
12/01/49(c)
$
250
$
238,763
Underline
Nevada
:
2.1%
Las
Vegas
Valley
Water
District,
Series
A
(GO)
4.00%,
06/01/46(c)
250
248,360
Underline
New
York
:
19.3%
City
of
New
York,
Series
B-1
(GO)
5.00%,
10/01/37(c)
250
261,685
New
York
City
Municipal
Water
Finance
Authority,
Water
&
Sewer
System,
Series
GG
(RB)
5.00%,
06/15/39(c)
400
405,062
New
York
City
Transitional
Finance
Authority
Future
Tax,
Series
E-1
(RB)
5.00%,
02/01/41(c)
250
251,473
New
York
State
Dormitory
Authority
(RB)
(BAM)
4.00%,
02/15/37(c)
280
286,943
New
York
State
Dormitory
Authority,
New
School,
Series
A
(RB)
5.00%,
07/01/27(c)
250
258,173
New
York
State
Urban
Development
Corp.,
Personal
Income
Tax,
Series
A
(RB)
5.00%,
03/15/42(c)
250
270,956
Port
Authority
of
New
York
&
New
Jersey
(RB)
5.00%,
11/15/42(c)
500
514,183
2,248,475
North
Carolina
:
2.7%
University
of
North
Carolina,
Hospitals
at
Chapel
Hill
(RB)
5.00%,
02/01/45
265
310,338
Underline
Ohio
:
4.2%
County
of
Franklin,
Hospital
Facilities
(RB)
4.12%,
05/15/45(c)
250
246,141
County
of
Franklin,
Hospital
Facilities,
Series
A
(RB)
(XLCA)
4.00%,
05/15/47(c)
250
239,112
485,253
Oregon
:
2.2%
Oregon
State,
Department
of
Administrative
Services,
State
Lottery,
Series
D
(RB)
5.00%,
04/01/29(c)
250
253,184
Underline
Pennsylvania
:
7.3%
Commonwealth
of
Pennsylvania,
2nd
Series
(GO)
(AGM)
4.00%,
08/15/29(c)
250
250,890
VANECK
HIP
SUSTAINABLE
MUNI
ETF
SCHEDULE
OF
INVESTMENTS
(unaudited)
(continued)
2
FootnoteRuleAboveBlank
Footnotes:
Par
(000’s)
Value
Pennsylvania
(continued)
Pennsylvania
Turnpike
Commission,
Series
B
(RB)
4.00%,
12/01/46(c)
$
250
$
242,316
5.00%,
12/01/51(c)
330
351,723
844,929
Texas
:
9.1%
Dallas
Independent
School
District,
Unlimited
Tax
School
Building
(GO)
4.00%,
02/15/54(c)
500
483,829
Wylie
Independent
School
District
(GO)
5.00%,
08/15/39(c)
500
570,624
1,054,453
Washington
:
6.5%
City
of
Seattle,
City
Light
Department,
Series
A
(RB)
4.00%,
07/01/51(c)
250
241,775
Par
(000’s)
Value
Washington
(continued)
King
County,
Washington
Public
Hospital
District
No.
1
(GO)
5.00%,
12/01/32(c)
$
250
$
257,092
King
County,
Washington
School
District
No.
414
(GO)
(SBG)
4.00%,
12/01/30(c)
250
253,287
752,154
Wisconsin
:
4.6%
State
of
Wisconsin,
Department
of
Transportation
(RB)
5.00%,
07/01/28(c)
265
279,866
Wisconsin
Health
&
Educational
Facilities
Authority,
Aspipus,
Inc.
(RB)
4.00%,
08/15/38(c)
250
250,010
529,876
Total
Municipal
Bonds:
96.3%
(Cost:
$11,598,713)
11,190,632
Other
assets
less
liabilities:
3.7%
427,821
NET
ASSETS:
100.0%
$
11,618,453
Definitions:
AGM
Assured
Guaranty
Municipal
Corp.
BAM
Build
America
Assurance
Co.
CP
Certificate
of
Participation
GO
General
Obligation
RB
Revenue
Bond
SBG
School
Board
Guaranteed
XLCA
Syncora
Guarantee,
Inc.
(c)
Callable
Security
—
the
redemption
date
shown
is
the
date
the
security
may
be
redeemed
by
the
issuer