Market Vectors ETFs
Van Eck Mutual Funds
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EM Local Currency Bond ETF
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Full Name: Market
Vectors® Emerging Markets Aggregate Bond ETF (EMAG®)
Management Style: Sampling
Underlying Index: Market Vectors EM Aggregate Bond Index (MVEMAG)
Index Provider: Market Vectors Index Solutions
Index Description: MVEMAG is comprised of sovereign bonds
and corporate bonds denominated in USD (U.S. dollars), (EUR) euros, or Local Emerging
Markets Currencies, and includes both investment grade and below investment
grade rated securities.
†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.
30-Day SEC Yield1
Total Net Assets
Number of Holdings
Gross Expense Ratio2
Net Expense Ratio/TER2
Next Distribution Date
less than one year are not annualized.
**Effective December 10, 2013, Market Vectors LatAm Aggregate Bond ETF (BONO) changed its name to Market Vectors Emerging Markets Aggregate Bond ETF (EMAG). The Fund’s investment objective changed to seeking to replicate as closely as possible, before fees and expenses, the price and yield performance of the Market Vectors EM Aggregate Bond Index (MVEMAG), from seeking to replicate as closely as possible, before fees and expenses, the price and yield performance of the BofA Merrill Lynch Broad Latin America Bond Index (LATS). Performance data prior to December 10, 2013, reflects that of BONO and LATS. Performance data from December 10, 2013, and on, reflects that of EMAG and MVEMAG. Performance history which includes periods prior to December 10, 2013 reflects a blend of the performance of EMAG and BONO and MVEMAG and LATS and is not intended for third party use.
The "Net Asset Value" (NAV) of a Market Vectors Exchange
Traded Fund (ETF) is determined at the close of each business day, and
represents the dollar value of one share of the fund; it is calculated
by taking the total assets of the fund, subtracting total liabilities,
and dividing by the total number of shares outstanding. The NAV is not
necessarily the same as the ETF 's intraday trading value. Market
Vectors ETF investors should not expect to buy or sell shares at
The "After Tax Held" represents total return after taxes on
distributions and assumes shares have not been sold. "After Tax Sold"
represents total return after taxes on distributions and the sale of Fund
shares. After-tax returns reflect the highest federal income tax rate but
exclude state and local taxes. After-tax returns are based on NAV.
***Distributions prior to
December 10, 2013, were made by Market Vectors® LatAm Aggregate Bond ETF (BONO).
Effective December 10, 2013, Market Vectors® LatAm Aggregate Bond ETF (BONO)
changed its name to Market Vectors Emerging Markets Aggregate Bond ETF (EMAG). See details below.
registered investment companies, including Van Eck Associates Corporation, are
obliged to distribute portfolio gains to shareholders at yearend regardless of
performance. Trading Market Vectors ETFs will also generate tax consequences
and transaction expenses. The information provided is not intended to be tax
advice. Tax consequences of dividend distributions may vary by individual
taxpayer. There is no guarantee that dividends will be paid. To receive a
distribution, you must have been a registered shareholder of the relevant
Market Vectors ETFs on the record date. Distributions are paid to shareholders
on the payment date. Past distribution are not indicative of future
Go here for Additional
Distributions Details and Supplemental Tax Information, including PDF
This graph illustrates a hypothetical $10,000 investment in the ETF invested at NAV. Returns reflect capital appreciation and the reinvestment of dividends and capital gains, if any, as well as all fees and expenses. The Index is unmanaged and includes the reinvestment of all dividends, but does not reflect the payment of transaction costs, advisory fees or expenses that are associated with an investment in the ETF. An index's performance is not illustrative of the Fund's performance. Indices are not securities in which investments can be made. Results reflect past performance and do not guarantee future results. Performance data prior to December 9, 2013, reflects that of BONO and LATS. Performance data from December 10, 2013, and on, reflects that of EMAG and MVEMAG. All Index history reflects a blend of the performance of the aforementioned Indexes (MVEMAG and LATS) AND IS NOT INTENDED FOR ANY THIRD PARTY USE. LATS is a trademark of Merrill Lynch, Pierce, Fenner & Smith Incorporation, which neither sponsors nor endorses EMAG and makes no warranty or representation as to the accuracy and/or completeness of this Index.
The chart presents past performance which is no guarantee of future results and which may be lower or higher than current performance. Returns reflect temporary contractual fee waivers and/or expense reimbursements. Had the ETF incurred all expenses and fees, investment returns would have been reduced. Investment returns and ETF share values will fluctuate so that investors' shares, when redeemed, may be worth more or less than their original cost. ETF returns assume that dividends and capital gains distributions have been reinvested in the Fund at NAV. For PEK, CNXT, and CBON, the Index returns included in the hypothetical growth chart have been converted to USD.
52-Week High (07/23/14)
52-Week Low (12/16/14)