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EMAG Market Vectors EM Aggregate Bond ETF

  • Fund Description

    The Market Vectors EM Aggregate Bond ETF (EMAG®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Market Vectors® 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

      Bank of New York Mellon
    • Index Ticker

      MVEMAG
    • Commencement Date

      05/11/2011

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

  •  
    as of 04/29/16

    • 30-Day SEC Yield1

      4.60%
    • Total Net Assets

      $15.2M
    • Number of Holdings

      144
    • Options

      Expected
    • Gross Expense Ratio2

      1.01%
    • Net Expense Ratio/TER2

      0.49%
    • Distribution Frequency

      Monthly
    • Next Distribution Date

      05/31/2016
  • Morningstar™ Ratings3
    as of 3/31/16

    Category Overall 3 Year 5 Year
    Emerging Markets Bond
       
    3 stars of 279 Funds
       
    3 stars of 279 Funds
    --
  • Key Points

    • Most Comprehensive Exposure to Emerging Markets Bonds 

    • Fundamental Strength and Attractive Yield Potential

    • Diversified by Currency and Credit Quality 
  • Yield
    as of 04/29/16

    • 30-Day SEC Yield1

      4.60%
    • Distribution Yield1

      4.59%
    • 12-Month Yield1

      4.50%
     1 See Important Disclosure for definitions.
  • Fees and Expenses2

    • Management Fee

      0.35%
    • Other Expenses

      0.66%
    • Acquired Fund Fees and Expenses

      --
    • Gross Expense Ratio

      1.01%
    • Fee Waivers and
      Expense Reimbursement

      -0.52%
    • Net Expense Ratio/TER2

      0.49%
    2Expenses for EMAG are capped contractually at 0.49% until 09/01/16. Cap excludes certain expenses, such as interest.
  • Trading Information

    • Fund Ticker

      EMAG
    • Index Total Return Ticker

      MVEMAG
    • NAV

      EMAGNV
    • Intraday NAV (IIV)5

      EMAGIV
    • Shares Outstanding

      700,000
    • Estimated Cash

      EMAGEU
    • Total Cash

      EMAGTC
    • CUSIP

      57060U431
    • ISIN

      US57060U4316
    5See IIV Details. Source: Bloomberg
  • Fundamentals4
    as of 04/28/16

    • Yield to Worst

      5.07%
    • Yield to Maturity

      5.08%
    • Effective Duration (yrs)

      4.78
    • Years to Maturity

      6.57
    • Modified Duration (yrs)

      4.83
    • Coupon

      6.37%
     4 See Important Disclosure for definitions.
  • Prices as of 04/29/16

    NAV/
    Last Price
    Volume
    30-Day Avg./
    Last Trading Day
    Daily Change
    NAV/
    Last Price
    YTD Change
    NAV/
    Last Price
    Premium/
    Discount
    Prem/Discount
    Distribution Charts
    NAV &
    Prem/Discount
    History
    NAV
    Chart
    EMAG $21.68
    $21.21
    379
    200
    $0.07 / +0.35%
    $0.00 / +0.00%
    +8.7%
    +8.7%
    $-0.47
    -2.19%
  • View All Indices » View All ETFs » Performance History: Average Annual Total Returns* (%)

    1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR LIFE
    05/11/11**
    EMAG (NAV) 5.20 6.93 6.93 1.83 -1.77 -- -- 1.40
    EMAG (Share Price) 4.11 7.02 7.02 -0.64 -2.21 -- -- 1.00
    MVEMAG (Index)** 5.39 6.90 6.90 2.20 -1.51 -- -- 2.66
    Performance Differential (NAV - Index) -0.19 0.03 0.03 -0.37 -0.26 -- -- -1.26
    After Tax Held 5.02 6.51 6.51 0.58 -3.00 -- -- -0.03
    After Tax Sold 2.94 3.91 3.91 1.01 -1.89 -- -- 0.51
    Quarter End as of 03/31/16
    1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR LIFE
    05/11/11**
    EMAG (NAV) 5.20 6.93 6.93 1.83 -1.77 -- -- 1.40
    EMAG (Share Price) 4.11 7.02 7.02 -0.64 -2.21 -- -- 1.00
    MVEMAG (Index)** 5.39 6.90 6.90 2.20 -1.51 -- -- 2.66
    Performance Differential (NAV - Index) -0.19 0.03 0.03 -0.37 -0.26 -- -- -1.26
    After Tax Held 5.02 6.51 6.51 0.58 -3.00 -- -- -0.03
    After Tax Sold 2.94 3.91 3.91 1.01 -1.89 -- -- 0.51
  • Daily Holdings »Top 10 Holdings (%)as of 03/31/16

    Total Holdings: 144
    Holding Name
    Coupon
    Maturity
    Composite
    Rating
    Country
    Currency
    % of Net
    Assets
    Mexican Bonos
    8.000
    06/11/2020
    A-
    Mexico
    MXN
    2.33
    Thailand Government Bond
    3.625
    06/16/2023
    BBB+
    Thailand
    THB
    1.93
    Colombia Government International Bond
    7.750
    04/14/2021
    BBB
    Colombia
    COP
    1.48
    Brazil Notas Do Tesouro Nacional Ser F
    10.000
    01/01/2021
    BB
    Brazil
    BRL
    1.46
    Indonesia Government International Bond
    5.875
    03/13/2020
    BB+
    Indonesia
    USD
    1.43
    Malaysia Government Bond
    3.480
    03/15/2023
    A-
    Malaysia
    MYR
    1.41
    Gazprom Oao Via Gaz Capital Sa
    6.510
    03/07/2022
    BB+
    Russian Federation
    USD
    1.41
    Turkey Government International Bond
    7.375
    02/05/2025
    BBB-
    Turkey
    USD
    1.30
    Poland Government Bond
    4.000
    10/25/2023
    A-
    Poland
    PLN
    1.26
    Philippine Government International Bon
    5.000
    01/13/2037
    BBB-
    Philippines
    USD
    1.21
    Top 10 Total (%)15.22

    These are not recommendations to buy or to sell any security. Securities and holdings may vary.

  • Country Weightings (%) as of 03/31/16

    • Country

      % of Net Assets
    • BRAZIL

      10.02
    • MEXICO

      9.74
    • CHINA

      8.72
    • TURKEY

      6.52
    • RUSSIA

      6.25
    • INDONESIA

      5.93
    • POLAND

      4.47
    • SOUTH AFRICA

      4.37
    • MALAYSIA

      4.07
    • COLOMBIA

      3.98
    • THAILAND

      3.71
    • ISRAEL

      3.25
    • UAE

      3.06
    • HUNGARY

      2.21
    • QATAR

      2.10
    • PERU

      1.95
    • INDIA

      1.68
    • CHILE

      1.38
    • ROMANIA

      1.30
    • CZECH

      1.25
    • Other/Cash

      14.03
  • Currency Exposure (%)
    as of 03/31/16

    • U.S. Dollar

      56.37
    • Euro

      5.55
    • Brazilian Real

      4.12
    • Thai Baht

      3.71
    • Polish Zloty

      3.70
    • Mexican Peso

      3.65
    • Malaysian Ringgit

      3.19
    • Indonesian Rupiah

      3.04
    • South African Rand

      2.97
    • Turkish Lira

      2.79
    • Israeli Shekel

      2.25
    • Russian Ruble

      1.75
    • Colombian Peso

      1.72
    • Hungarian Forint

      1.45
    • New Romanian Leu

      0.85
    • Nigeria Naira

      0.77
    • Peruvian New Sol

      0.61
    • Czech Koruna

      0.46
    • Chilean Peso

      0.09
    • Other/Cash

      0.96
  • Sector Weightings (%) as of 03/31/16

    • Sector

      % of Net Assets
    • Government

      56.4
    • Energy

      12.1
    • Financial

      12.0
    • Utilities

      5.3
    • Communications

      5.0
    • Basic Materials

      4.8
    • Diversified

      1.5
    • Consumer, Non-cyclical

      1.3
    • Industrial

      0.7
    • Other/Cash

      1.0
  • Credit Quality (%)
    as of 03/31/16

    Composite % of Net Assets
    Investment Grade AA 3.99
    A 24.03
    BBB 36.34
    Non-Investment Grade BB 22.90
    B 3.91
    CCC 2.32
    Total Investment Grade -- 64.36
    Total Non-Investment Grade -- 29.14
    Not Rated -- 5.73
    Composite Rating: An evenly weighted blend of a security's Moody's, S&P, Fitch and DBRS ratings. Not Rated indicates that a security is rated by fewer than two of the four rating agencies. This composite is not intended to be a credit opinion.
  • Maturity (%) as of 03/31/16

    Average Portfolio Maturity: 6.57 Years