Daily Price as of 03/05/21
NAV† | DAILY CHANGE |
---|---|
$6.55 | ![]() |
Class I Details: EMBUX
INCEPTION DATE | GROSS/NET EXPENSES1 |
---|---|
2.18%/0.96% |
Fund Literature
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 |
Fund Details
as of 02/28/21
-
Net Assets (All Classes)$27.7M
-
Number of Issues69
-
DividendMonthly
-
Capital GainsAnnual
-
Benchmark Index250% GBI-EM/50% EMBI
Fund Statistics (Class A) as of 02/28/21
Effective Duration (Years) | 4.80 |
Average Yield to Worst | 7.23 |
Average Years to Maturity | 6.96 |
Distribution Yield | 5.10% |
Source: VanEck, FactSet.
See Important Disclosure for more information.
Gross Currency Exposure as of 02/28/21
U.S. Dollar | 41.7 |
Chinese Renminbi | 7.1 |
South African Rand | 5.9 |
Russian Ruble | 5.1 |
Indonesian Rupiah | 4.9 |
Mexican Peso | 4.8 |
Turkish Lira | 4.3 |
Malaysian Ringgit | 4.1 |
Colombian Peso | 4.1 |
Philippines Peso | 3.5 |
Currency Exposure (%) as of 02/28/21
Local Currency | 55.8 |
Hard Currency | 41.7 |
Cash | 2.5 |
Credit Quality Breakdown (%) as of 02/28/21
Composite Rating | % of Net Assets |
---|---|
AAA | 0.0 |
AA | 12.8 |
A | 4.1 |
BBB | 33.1 |
BB | 16.4 |
B | 22.6 |
CCC | 5.8 |
CC | 0.0 |
C | 0.0 |
NR | 0.0 |
Other | 2.7 |
Cash | 2.5 |
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.
Industry Benchmarks: Know Your Indices
- The J.P. Morgan Government Bond Index-Emerging Markets Global Diversified (GBI-EM) tracks local currency bonds issued by Emerging Markets governments. The index spans over 15 countries.
- The J.P. Morgan Emerging Markets Bond Index Global Diversified (EMBI) tracks returns for actively traded external debt instruments in emerging markets, and is also J.P. Morgan’s most liquid U.S-dollar emerging markets debt benchmark.
All indices listed are unmanaged and are not securities in which investments can be made.