HYEM
VanEck Emerging Markets High Yield Bond ETF
HYEM
VanEck Emerging Markets High Yield Bond ETF
HYEM
VanEck Emerging Markets High Yield Bond ETF
HYEM
VanEck Emerging Markets High Yield Bond ETF
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NAV$19.56
as of November 01, 2024 -
YTD RETURNS10.95%
as of November 01, 2024 -
Total Net Assets$406.90M
as of November 01, 2024 -
Total Expense Ratio0.40%
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Inception Date05/08/2012
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30-Day SEC Yield6.99%
Fund Description
The VanEck Emerging Markets High Yield Bond ETF (HYEM®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the ICE BofA Diversified High Yield US Emerging Markets Corporate Plus Index (EMLH), which is comprised of U.S. dollar-denominated bonds issued by non-sovereign emerging markets issuers that are rated below investment grade and that are issued in the major domestic and Eurobond markets.
Overview
Fund Highlights
- Focuses on high-yield EM corporate bonds
- Yield pickup and higher credit quality versus U.S. high yield bonds†
- Diversifies a U.S.-only high yield exposure§