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EMBUX
Emerging Markets Bond Fund - Class I

Daily Price as of 03/05/21

NAV DAILY CHANGE
$6.55 $-0.03 / -0.5%

Class I Details: EMBUX

INCEPTION DATE GROSS/NET EXPENSES1
2.18%/0.96%

Fund Summary and Key Points

The VanEck Emerging Markets Bond Fund (the "Fund") seeks total return, consisting of income and capital appreciation. The Fund can invest in debt securities that are issued by governments, quasi-government entities or corporations in emerging market countries. These securities may be denominated in any currency, including those of emerging markets. By investing in emerging markets debt securities, the Fund offers exposure to emerging markets fundamentals, generally characterized by lower debts and deficits, higher growth rates and independent central banks. Lead Portfolio Manager, Eric Fine, has over 25 years of experience in emerging markets.

Making the Investment Case for EM Bonds

Fund Details
as of 02/28/21

  • Net Assets (All Classes)
    $27.7M
  • Number of Issues
    69
  • Dividend
    Monthly
  • Capital Gains
    Annual
  • Benchmark Index2
    50% GBI-EM/50% EMBI

Holdings

View All Holdings

30-Day SEC Yield* Class I 
as of 02/28/21

30-Day SEC Yield 5.40%

* 30-Day SEC Yield is a standard calculation developed by the Securities and Exchange Commission that allows for fairer comparisons among bond funds. It is based on the most recent 30-day period. This yield figure reflects the interest earned during the period after deducting the Fund's expenses for the period. In the absence of temporary fee waivers, the 30-Day SEC Yield for EMBUX would have been 4.60% as of 02/28/21.

Performance History: Average Annual Total Returns* (%)

1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
(07/09/12)
VanEck Emerging Markets Bond Fund: Class I
At Net Asset Value -0.77 1.78 -1.47 10.09 4.93 6.60 -- 3.15
50% GBI-EM/50% EMBI2 -2.61 -1.07 -3.66 2.35 2.58 5.81 -- 2.88
1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
(07/09/12)
VanEck Emerging Markets Bond Fund: Class I
At Net Asset Value 3.30 8.20 11.60 11.60 5.79 7.13 -- 3.39
50% GBI-EM/50% EMBI2 2.69 7.70 4.04 4.04 4.10 6.97 -- 3.39

Country Weightings (%) as of 02/28/21

Country % of Net Assets
China
10.3
Mexico
8.7
South Africa
5.9
Russia
5.1
Indonesia
5.0
Turkey
4.3
Malaysia
4.1
Colombia
4.1
Philippines
3.5
Chile
3.4
Suriname
2.7
Thailand
2.6
Angola
2.5
Laos
2.2
Brazil
1.9
Nigeria
1.8
Poland
1.7
UAE
1.7
Peru
1.6
Saudi Arabia
1.6
Argentina
1.5
Dominican Republic
1.5
Georgia
1.4
Oman
1.4
Ukraine
1.4
Ecuador
1.3
Romania
1.1
Ghana
1.0
Burkina Faso
0.9
Netherlands
0.9
Israel
0.9
Moldova
0.8
Panama
0.8
Vietnam
0.8
Singapore
0.7
South Korea
0.7
Czech Republic
0.7
Egypt
0.7
Bahrain
0.5
United States
0.5
Uruguay
0.4
Gabon
0.4
Maldives
0.4
Mongolia
0.3
Jordan
0.3
Kenya
0.3
Guatemala
0.3
El Salvador
0.3
Cote D'Ivoire
0.2
Armenia
0.2
Senegal
0.2
Cash
2.5

Portfolio Weightings (%)
as of 02/28/21

% of Net Assets
Sovereign Bond 69.8
Corporate Bond 19.1
Quasi-Sovereign Bond 8.6
Cash 2.5

Regional Weightings (%)
as of 02/28/21

% of Net Assets
Asia 36.8
Latin America 28.6
Africa 14.0
Non-EU Europe 13.2
EU Europe 4.4
North America 0.5
Cash 2.5
Regional Total (%) 100