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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 02/05/16

    • 30-Day SEC Yield1

      5.29%
    • Total Net Assets

      $14.2M
    • Number of Holdings

      143
    • Options

      Expected
    • Gross Expense Ratio2

      1.01%
    • Net Expense Ratio/TER2

      0.49%
    • Distribution Frequency

      Monthly
    • Next Distribution Date

      02/29/2016
  • About Securities Lending


    Market Vectors Exchange Traded Funds (ETFs) may lend securities to generate additional income which may help reduce expenses. All net proceeds earned by Market Vectors ETFs in the securities lending process are allocated to the applicable ETF after subtracting fees payable to the lending agent.

      

    Securities lending is an established practice that involves the lending of securities from a lender (“Fund”) to a third-party (“Borrower”). In return, the Borrower posts collateral — typically cash or U.S. Government securities — in an amount equal to at least 102% of the value of the borrowed securities. Over the course of the loan term, the Fund will receive any interest or dividends on the securities loaned. Moreover, the Borrower will pay a fee, as well as any interest earned on the investment of the cash collateral.

     

    The primary risk in securities lending is that a Borrower may default on its commitment to return securities that are on loan. If this occurs and the value of the liquidated collateral does not exceed the cost of repurchasing the securities, the Fund may suffer a loss with respect to the shortfall. This risk and others are described in more detail in the statutory prospectus, under "Lending Portfolio Securities".

  • Additional Resources

  • All Collateral HoldingsTop 10 Collateral Holdings as of --

    Security
    ISIN
    SEDOL
    Country
    Investment Type
    Weight %
    --
    --
    --
    --
    --
    --
  • Securities Lending Summary
    as of --

    Data Point %
    Securities Lending Return (% of AUM, YTD) --
    Average On-Loan (% of AUM, YTD) --
    Maximum On-Loan (% of AUM, YTD) --
    Collateralization (% of Loan, YTD) --
  • Loan/Collateral Combinations and Collateral Levels

    Loan Type Collateral Level
    Equities and Fixed Income  
    Domestic  
    Foreign