VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF
TKCPF
Other OTC- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- Netherlands
- IPO Date
- Feb 24, 2022
- Similar Companies
- Business
- VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF (ticker: TKCPF) is a UCITS-compliant exchange-traded fund that tracks the Morningstar Developed Markets Large Cap Dividend Leaders Screened Select Index by investing in a portfolio of approximately 100 high-dividend-yielding large-cap equities from developed markets worldwide; it employs full physical replication, distributing dividends quarterly with a total expense ratio of 0.38% and applying ESG screenings for risks, UN Global Compact violations, and controversial product involvement based on Sustainalytics research. The ETF focuses on companies demonstrating consistent and sustainable dividend payment patterns, with constituent selection prioritizing dividend yield, resilience, and growth potential; weights are determined by total dividends paid, subject to a 40% sector cap and individual position limits. Key sectors include financial services (approximately 42%), consumer cyclical (7%), and basic materials (5%), targeting institutional and retail investors seeking regular income from global developed market equities. Launched on May 23, 2016, the ETF is domiciled in the Netherlands as a sub-fund of VanEck ETFs N.V., headquartered in Amsterdam, with net assets exceeding EUR 4 billion as of late 2025; it lists on multiple European exchanges including Euronext Amsterdam (TDIV), London Stock Exchange (TDGB), and others under various tickers. The fund operates across developed markets in Europe, North America, Asia-Pacific, and other regions, with no currency hedging and exposure unhedged to EUR base currency. In recent developments, the ETF transitioned to tracking the enhanced Morningstar Developed Markets Large Cap Dividend Leaders Screened Select Index, introducing tighter ESG screening mechanisms with minimal impact on composition, returns, or performance; this change followed Morningstar's index methodology updates. The fund has sustained robust dividend payouts, with a forward yield around 3-4% and recent quarterly distributions including EUR 0.90 in June 2025, reflecting strong underlying portfolio income generation amid stable operations. VanEck continues to expand its broader UCITS ETF suite, supporting the ETF's growth within a diversified lineup managed by VanEck Asset Management B.V.