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EMAG
VanEck Vectors Emerging Markets Aggregate Bond ETF

Fund Description

The VanEck Vectors® Emerging Markets Aggregate Bond ETF (EMAG®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS® EM Aggregate Bond Index (MVEMAG), which is comprised of sovereign bonds and corporate bonds denominated in U.S. dollars, Euros or local emerging markets currencies, and includes both investment grade and below investment grade rated securities.

 
 

  • Fund Ticker

    EMAG
  • Exchange

    NYSE Arca
  • Commencement

    05/11/2011
  • ETF Structure

    Physical
  • Administrator

    Van Eck Associates
  • Custodian

    State Street Bank and Trust Company
  • Index Ticker

    MVEMAG
  • Commencement Date

    05/11/2011

Effective December 10, 2013, VanEck Vectors® LatAm Aggregate Bond ETF (BONO) changed its underlying index and changed its name to VanEck Vectors Emerging Markets Aggregate Bond ETF (EMAG). See details below.

 
as of 04/03/20

  • 30-Day SEC Yield1

    4.58%
  • Total Net Assets

    $13.1M
  • Number of Holdings

    311
  • Options

    Expected
  • Gross Expense Ratio2

    0.92%
  • Net Expense Ratio/TER2

    0.35%
  • Distribution Frequency

    Monthly
  • Next Distribution Date

    04/23/2020

Country Weightings (%) as of 02/29/20

  • Country

    % of Net Assets
  • Mexico

    9.83
  • Russia

    7.45
  • Brazil

    7.43
  • Indonesia

    7.03
  • China

    4.97
  • Malaysia

    4.93
  • South Africa

    4.91
  • Turkey

    4.00
  • Colombia

    3.88
  • Thailand

    3.87
  • Israel

    3.81
  • Uae

    3.78
  • Chile

    3.00
  • Peru

    3.00
  • Poland

    2.86
  • United Kingdom

    2.53
  • Hungary

    1.81
  • Saudi Arabia

    1.80
  • Czech

    1.77
  • India

    1.76
  • Other/Cash

    15.57

Portfolio Composition (%)
as of 02/29/20

  • % of Net Assets
  • Stocks

    0.00
  • Bonds

    99.70
  • Other

    0.00
  • Cash

    0.30

Currency Exposure (%)
as of 02/29/20

  • U.S. Dollar

    54.92
  • Euro

    6.26
  • Malaysian Ringgit

    4.16
  • Mexican Peso

    4.01
  • Indonesian Rupiah

    3.91
  • Thailand Baht

    3.87
  • Brazilian Real

    3.76
  • ZAR

    2.90
  • Polish Zloty

    2.86
  • Russian Ruble

    2.85
  • ILS

    1.94
  • Colombian Peso

    1.73
  • Peruvian New Sol

    1.29
  • Hungarian Forint

    1.04
  • Turkish Lira

    1.00
  • New Romanian Leu

    0.93
  • Czech Koruna

    0.89
  • Chilean Peso

    0.77
  • Nigeria Naira

    0.41
  • Uruguay Peso

    0.11
  • China Renminbi

    0.10
  • Other/Cash

    0.30

Credit Quality (%) as of 02/29/20

Composite % of Net Assets
Investment Grade AA 3.95
A 19.48
BBB 40.41
Non-Investment Grade BB 14.40
B 8.51
CCC 0.14
CC 0.37
Total Investment Grade -- 63.85
Total Non-Investment Grade -- 23.42
Not Rated -- 12.35
Source: Bloomberg.  Rating is a proprietary composite of various rating agencies. A bond must be rated by two or more rating agencies to receive a composite rating; otherwise it is classified as Not Rated.

3-YR Risk Measures*
as of 02/29/20

  • Beta vs. S&P 500 Index

    0.18
  • Correlation vs. S&P 500 Index

    0.46
  • Volatility (Standard Deviation)

    4.95
  • Sharpe Ratio

    0.62

Source: VanEck, FactSet

*Beta is a measure of sensitivity to market movements. Correlation measures the extent of linear association between the ETF performance and the index performance. Volatility is the annualized standard deviation of the ETF's monthly returns. Sharpe ratio measures risk-adjusted return, and represents the ETF's return less the risk free rate divided by the standard deviation. See S&P 500 Index definition.6

Sector Weightings (%) as of 02/29/20

  • Sector

    % of Net Assets
  • Government

    63.6
  • Financial

    10.6
  • Energy

    9.5
  • Basic Materials

    4.1
  • Communications

    4.0
  • Diversified

    2.5
  • Consumer, Non-cyclical

    2.4
  • Utilities

    2.3
  • Industrial

    0.7
  • Other/Cash

    0.3

Maturity (%) as of 02/29/20

 Average Portfolio Maturity: 8.28 Years