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VanEck Classic Dividend

VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF

TDIV · ISIN NL0011683594 · traded in USD, shown in EUR

Simulate this fund Issuer page Key information (KID)
Price
€53.34
$59.82 on the USD line, 8 Oct 2026
Total expense ratio
0.38%
per year
TTM yield
3.3%
4 payments over the last 12 months, divided by today's price
Dividend growth
+8.0%
a year · growing · +5.5% since launch
Distribution recovery
83%
price back above the pre-ex level within 2 trading days, on 41 ex-dates
Pays
Quarterly
March, June, September, December
Launch date
23 May 2016
10.4 years
Underlying
n/a
Domicile
Netherlands
Distributing
Fund size (AUM)
$9.6B
Quality Score
71
vs funds of the same type
Stability
0.0%
of distributions needed to offset price erosion
Opportunity Score
56
healthy and discounted

Largest positions

The ten largest holdings, 34.8% of the fund between them, as published on 2026-09-27. A fund is only as concentrated as this list suggests.

VZ Verizon Communications Inc 4.9%
HSBA.L HSBC Holdings PLC 4.6%
PFE Pfizer Inc 4.1%
NESN.SW Nestle SA 3.8%
SHEL.L Shell PLC 3.3%
TTE.PA TotalEnergies SE 3.1%
PEP PepsiCo Inc 3.0%
ALV.DE Allianz SE 2.9%
ISP.MI Intesa Sanpaolo 2.6%
BBVA.MC Banco Bilbao Vizcaya Argentaria SA 2.4%

Where it trades

The same fund, one ISIN, several tickers: the one you see depends on the exchange your broker uses. Any of them finds this page from the search box in the fund list.

ExchangeTicker
London Stock Exchange TDIV used here
Borsa Italiana TDGB
Euronext Amsterdam TDIV
Euronext Brussels VDIV

Classification

How the fund is described in the open dataset: asset class, region, sector and strategy. Our own category (Classic Dividend) drives the screeners; these labels add detail.

  • Asset classequity
  • Categoryequity_world
  • Styleincome
  • FocusEquity, World, Dividend
  • IndexMorningstar Developed Markets Large Cap Dividend Leaders Screened Select
  • Fund currencyEUR
  • Currency hedgedNo
  • Holdings100
  • Securities lendingNo
  • Sustainability focusNo
  • KID languagede
  • KID version2026-03-27

Returns with and without distributions

Price return shows the change in the fund's price alone. Total return also counts every distribution, reinvested on its ex-date: the gap between the two is what the fund paid out. In EUR, up to 8 Oct 2026; periods longer than a year also show the yearly rate. For a euro investor these figures include the effect of the euro–dollar exchange rate.

1M3M6MYTD1Y3Y5YSince launch
Price without distributions -3.9% +1.1% +1.8% +11.1% +18.9% +57.7%+16.4% p.a. +83.2%+12.9% p.a. +140.6%+8.8% p.a.
Total return distributions reinvested -3.9% +1.8% +4.1% +14.1% +22.8% +77.3%+21.0% p.a. +127.6%+17.9% p.a. +277.1%+13.6% p.a.

Price held Over twelve months, in the trading currency, the price is +25.7%: the distributions were all gain. See every Classic Dividend on the Erosion Map →

Performance since launch

Value of 100 invested at the first month-end after launch, in EUR.

Total return Price only S&P 500 (total return)
68 164 259 354 450 20162017201820192020202120222023202420252026

Compare with other funds

Add up to five funds to the chart above. Lines are rebased to 100 at the start of the period. Total return counts the distributions; price return is the share price alone, which is what tells you whether the fund is keeping its capital.

€10,000 invested today would pay
€27 a month before tax
At the current yield of 3.3%. Distributions can change at any time; to see the effect of taxes, open the simulator.
€10,000 invested in May 2016
€29,874 +198.7%
Shares worth €23,600 today plus €6,274 of total income paid out, before tax — €61 a month over the last 12 months. Try other settings, taxes included

Month by Month

Amount per share by ex-date month, 122 months shown. This fund distributes quarterly, March, June, September, December.

$0.00 $0.29 $0.58 $0.86 $1.15 Sep 16: $0.2228Oct 16: $0Nov 16: $0Dec 16: $0.1252Jan 17: $0Feb 17: $0Mar 17: $0.1595Apr 17: $0May 17: $0Jun 17: $0.6129Jul 17: $0Aug 17: $0Sep 17: $0.2999Oct 17: $0Nov 17: $0Dec 17: $0.2139Jan 18: $0Feb 18: $0Mar 18: $0.184Apr 18: $0May 18: $0Jun 18: $0.6368Jul 18: $0Aug 18: $0Sep 18: $0.3734Oct 18: $0Nov 18: $0Dec 18: $0.2627Jan 19: $0Feb 19: $0Mar 19: $0.2043Apr 19: $0May 19: $0Jun 19: $0.729Jul 19: $0Aug 19: $0Sep 19: $0.2433Oct 19: $0Nov 19: $0Dec 19: $0.267Jan 20: $0Feb 20: $0Mar 20: $0.1842Apr 20: $0May 20: $0Jun 20: $0.4377Jul 20: $0Aug 20: $0Sep 20: $0.2957Oct 20: $0Nov 20: $0Dec 20: $0.2803Jan 21: $0Feb 21: $0Mar 21: $0.2619Apr 21: $0May 21: $0Jun 21: $0.4605Jul 21: $0Aug 21: $0Sep 21: $0.3782Oct 21: $0Nov 21: $0Dec 21: $0.3488Jan 22: $0Feb 22: $0Mar 22: $0.1217Apr 22: $0May 22: $0Jun 22: $0.9921Jul 22: $0Aug 22: $0Sep 22: $0.3184Oct 22: $0Nov 22: $0Dec 22: $0.2101Jan 23: $0Feb 23: $0Mar 23: $0.1814Apr 23: $0May 23: $0Jun 23: $1.0172Jul 23: $0Aug 23: $0Sep 23: $0.4283Oct 23: $0Nov 23: $0Dec 23: $0.3021Jan 24: $0Feb 24: $0Mar 24: $0.1745Apr 24: $0May 24: $0Jun 24: $0.9454Jul 24: $0Aug 24: $0Sep 24: $0.3438Oct 24: $0Nov 24: $0Dec 24: $0.358Jan 25: $0Feb 25: $0Mar 25: $0.2045Apr 25: $0May 25: $0Jun 25: $1.029Jul 25: $0Aug 25: $0Sep 25: $0.4199Oct 25: $0Nov 25: $0Dec 25: $0.3149Jan 26: $0Feb 26: $0Mar 26: $0.2444Apr 26: $0May 26: $0Jun 26: $0.9405Jul 26: $0Aug 26: $0Sep 26: $0.4637Oct 26: $0 Sep 16Jul 17May 18Mar 19Jan 20Nov 20Sep 21Jul 22May 23Mar 24Jan 25Nov 25Sep 26

The last distributions, date by date

The ex-date is the one that decides who gets paid: whoever holds the fund when that day opens receives the distribution, and the price opens lower by roughly the same amount. Buying the day before and selling the day after gains nothing — it only moves value from the price to a taxed payment. Our source gives us the ex-date only for this fund, so the announcement and payment dates are not shown rather than guessed.

Ex-date Per share
02 Sep 2026 0.4637
03 Jun 2026 0.9405
04 Mar 2026 0.2444
03 Dec 2025 0.3149
03 Sep 2025 0.4199
04 Jun 2025 1.0290
05 Mar 2025 0.2045
04 Dec 2024 0.3580

Distributions per year

Per share. Incomplete years (launch year, current year).

$0.00 $0.55 $1.10 $1.65 $2.20 2016: $0.3482017: $1.28612018: $1.4572019: $1.44372020: $1.19782021: $1.44942022: $1.64222023: $1.92912024: $1.82172025: $1.96832026: $1.6487 20162017201820192020202120222023202420252026

Year by year

YearPaidYieldChange
2026 10 of 12 months $1.6487 2.8% —
2025 $1.9683 3.5% +8.0%
2024 $1.8217 4.4% -5.6%
2023 $1.9291 4.8% +17.5%
2022 $1.6422 4.5% +13.3%
2021 $1.4494 4.1% +21.0%
2020 $1.1978 3.9% -17.0%
2019 $1.4437 4.4% -0.9%
2018 $1.4570 5.8% +13.3%
2017 $1.2861 4.5% —
2016 8 of 12 months $0.3480 1.2% —
  • Distribution growth, 1 year+8.0% p.a.
  • Distribution growth, 3 years+6.2% p.a.
  • Distribution growth, 5 years+10.4% p.a.
  • Distribution growth, Since first full year+5.5% p.a.

Latest distributions

Amounts per share in USD, as declared by the issuer.

Ex-datePayment datePer share In euro vs previous
2026-09-022026-09-02$0.4637 €0.3999 -50.7%
2026-06-032026-06-03$0.9405 €0.8093 +284.8%
2026-03-042026-03-04$0.2444 €0.2105 -22.4%
2025-12-032025-12-03$0.3149 €0.2708 -25.0%
2025-09-032025-09-03$0.4199 €0.3608 -59.2%
2025-06-042025-06-04$1.0290 €0.9039 +403.1%
2025-03-052025-03-05$0.2045 €0.1924 -42.9%
2024-12-042024-12-04$0.3580 €0.3406 +4.1%
2024-09-042024-09-04$0.3438 €0.3112 -63.6%
2024-06-052024-06-05$0.9454 €0.8688 +441.7%
2024-03-062024-03-06$0.1745 €0.1608 -42.2%
2023-12-062023-12-06$0.3021 €0.2799 -29.5%
2023-09-062023-09-06$0.4283 €0.3993 -57.9%
2023-06-072023-06-07$1.0172 €0.9508 +460.7%
2023-03-012023-03-01$0.1814 €0.1715 -13.6%
2022-12-072022-12-07$0.2101 €0.2007 -34.0%
2022-09-072022-09-07$0.3184 €0.3216 -67.9%
2022-06-012022-06-01$0.9921 €0.9242 +714.9%
2022-03-022022-03-02$0.1217 €0.1094 -65.1%
2021-12-152021-12-15$0.3488 €0.3097 -7.8%
2021-09-152021-09-15$0.3782 €0.3204 -17.9%
2021-06-162021-06-16$0.4605 €0.3797 +75.8%
2021-03-172021-03-17$0.2619 €0.2201 -6.6%
2020-12-162020-12-16$0.2803 €0.2306 -5.2%

Prices and distributions from the issuer and market data, stored locally and updated every evening. Prices and returns are converted from USD at the daily euro exchange rate; distributions are shown in USD, the currency in which the issuer declares them, with their euro value on the payment date. The €10,000 figures are in euro and before tax: the Portfolio Simulator can apply taxes. Past performance is not a reliable indicator of future results.

Important information. Master of Yield is an independent research tool. All content on this site, including fund data, screeners, scores, model portfolios and backtests, is provided for information and education only. Nothing here is investment, legal, tax or accounting advice, nor a recommendation or solicitation to buy, sell or hold any financial instrument. We are not a broker, a bank or an authorised investment adviser, and we have no knowledge of your personal circumstances. Any investment decision you make is yours alone: consult a qualified adviser before acting.

Our approach. Our model portfolios follow a purely quantitative, rules-based method focused on income. Funds are selected, ranked and rotated by statistical criteria applied mechanically: price erosion since inception, sustainability of distributions, dividend growth, yield and total return. No discretionary judgement or view on individual companies or markets is involved, and the same rules apply to every fund.

About the backtests. Portfolio results are hypothetical simulations run on historical data, not records of real trades or of any real account. Among other simplifications, they assume every fund could be bought and sold at its month-end price with no spread, commission or market impact; they show figures before tax unless you set your own tax profile under "Taxes", where you choose your country and can adjust every rate and the commission your broker charges per trade — those figures are an estimate, not a tax calculation; and they convert every amount to euro at the daily exchange rate. The fund universe only contains products that exist today, so funds that closed in the past are missing, which tends to flatter results. Many funds have short histories, so some results cover only a few years of a largely rising market. Rules may be refined over time and each refinement is applied to the full history, so past results can change. Past or simulated performance does not guarantee future results, and every investment can lose value, including the capital invested.

About the data. Data is collected from publicly available open sources and third-party providers and is not independently verified. No warranty is given as to its accuracy, completeness or timeliness. Always check figures with the fund provider before acting. Fund reference data (expense ratio, fund size, domicile) is completed with the EU ETF Universe dataset by Danimoth, used under the CC BY 4.0 licence: danimoth.com/dataset.

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