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EM High Yield Bond ETF HYEM

  • Full Name: Market Vectors®
    Emerging Markets High Yield Bond ETF (HYEM)

    Management Style: Sampling

    Underlying Index: The BofA Merrill Lynch High Yield US Emerging Markets Liquid Corporate Plus Index (EMHY)

    Index Description: EMHY is comprised of U.S. dollar-denominated bonds issued by non-sovereign emerging markets issuers that are rated below investment grade and issued in the major domestic or eurobond markets.

  •  
     

    • Fund Ticker

      HYEM
    • Exchange

      NYSE Arca
    • Index Total Return Ticker

      EMHY
    • Index Provider

      BofA Merrill Lynch
    • Total Net Assets

      $334.0M
    • Shares Outstanding

      13,000,000
    • Number of Holdings

      351
    • Commencement Date

      05/08/2012
  •  
    as of 04/23/14

    • 30-Day SEC Yield1

      6.53%
    • Distribution Frequency

      Monthly
    • Gross Expense Ratio2

      0.69%
    • Net Expense Ratio2

      0.40%
    • Options

      Expected
    • Preliminary NAIC Designation10

      3
    • Management Team »
    • HYEM Fact Sheet »
    1, 2, 10 See Important Disclosure
  • Portfolio Composition (%)
    as of 04/23/14

    • % of Net Assets

    • Stocks

      0.00
    • Bonds

      99.01
    • Other

      0.00
    • Cash

      0.85
    • Total

      99.86
  • Download All Fund Holdings » All Holdings (%) as of 04/23/14

    Total Holdings: 351
    Holding Name
    Coupon
    Maturity
    Composite
    Rating
    Country
    Currency
    % of Net
    Assets
    Petroleos De Venezuela Sa
    5.375
    04/12/2027
    B
    Venezuela
    USD
    1.44
    Israel Electric Corp Ltd
    7.250
    01/15/2019
    BB+
    Israel
    USD
    1.29
    Petroleos De Venezuela Sa
    9.000
    11/17/2021
    B
    Venezuela
    USD
    1.15
    Cemex Sab De Cv
    6.500
    12/10/2019
    B+
    Mexico
    USD
    1.13
    Vedanta Resources Plc
    9.500
    07/18/2018
    BB-
    Bahamas
    USD
    1.02
    Petroleos De Venezuela Sa
    5.250
    04/12/2017
    B
    Venezuela
    USD
    0.96
    Banco Do Brasil Sa/Cayman
    6.250
    12/29/2049
    NR
    Brazil
    USD
    0.86
    Pacific Rubiales Energy Corp
    7.250
    12/12/2021
    BB
    Colombia
    USD
    0.84
    Petroleos De Venezuela Sa
    5.000
    10/28/2015
    NR
    Venezuela
    USD
    0.84
    Vimpel Communications Via Vip Finance I
    9.125
    04/30/2018
    BB-
    Netherlands
    USD
    0.84
    Petroleos De Venezuela Sa
    8.500
    11/02/2017
    B
    Venezuela
    USD
    0.82
    Majapahit Holding Bv
    7.750
    01/20/2020
    BB+
    Indonesia
    USD
    0.82
    Digicel Ltd
    8.250
    09/01/2017
    B
    Bermuda
    USD
    0.82
    Petroleos De Venezuela Sa
    8.500
    11/02/2017
    B
    Venezuela
    USD
    0.81
    Severstal Oao Via Steel Capital Sa
    5.900
    10/17/2022
    BB
    Russian Federation
    USD
    0.79
    Cemex Espana Luxembourg
    9.875
    04/30/2019
    B+
    Mexico
    USD
    0.78
    Perusahaan Listrik Negara Pt
    5.500
    11/22/2021
    BB+
    Indonesia
    USD
    0.78
    Bbva Bancomer Sa/Texas
    7.250
    04/22/2020
    BB+
    Spain
    USD
    0.77
    Shimao Property Holdings Ltd
    6.625
    01/14/2020
    BB-
    Hong Kong
    USD
    0.77
    Banco Santander Mexico Sa Institucion D
    5.950
    01/30/2024
    BB
    Spain
    USD
    0.76
    Alfa Bank Ojsc Via Alfa Bond Issuance P
    7.875
    09/25/2017
    BB+
    Luxembourg
    USD
    0.75
    Majapahit Holding Bv
    8.000
    08/07/2019
    BB+
    Indonesia
    USD
    0.73
    Country Garden Holdings Co Ltd
    11.125
    02/23/2018
    BB-
    China
    USD
    0.73
    Marfrig Overseas Ltd
    9.500
    05/04/2020
    B
    Brazil
    USD
    0.70
    Anglogold Ashanti Holdings Plc
    5.125
    08/01/2022
    BB+
    South Africa
    USD
    0.70
    Digicel Group Ltd
    7.125
    04/01/2022
    CCC+
    Bermuda
    USD
    0.70
    Vtr Finance Bv
    6.875
    01/15/2024
    B+
    United Kingdom
    USD
    0.69
    Tv Azteca Sa De Cv
    7.625
    09/18/2020
    NR
    Mexico
    USD
    0.68
    National Savings Bank
    8.875
    09/18/2018
    B+
    Sri Lanka
    USD
    0.67
    Csn Resources Sa
    6.500
    07/21/2020
    BB+
    Brazil
    USD
    0.67
    Jbs Usa Llc/Jbs Usa Finance Inc
    7.250
    06/01/2021
    BB-
    Brazil
    USD
    0.65
    Columbus International Inc
    7.375
    03/30/2021
    B
    Barbados
    USD
    0.65
    Altice Financing Sa
    6.500
    01/15/2022
    B+
    Luxembourg
    USD
    0.64
    Wynn Macau Ltd
    5.250
    10/15/2021
    BB
    U.S.
    USD
    0.64
    Petroleos De Venezuela Sa
    5.500
    04/12/2037
    B
    Venezuela
    USD
    0.64
    Comcel Trust
    6.875
    02/06/2024
    BB+
    Luxembourg
    USD
    0.64
    Sappi Papier Holding Gmbh
    8.375
    06/15/2019
    BB
    South Africa
    USD
    0.64
    Oas Investments Gmbh
    8.250
    10/19/2019
    B+
    Brazil
    USD
    0.61
    Trillion Chance Ltd
    8.500
    01/10/2019
    BB-
    China
    USD
    0.61
    Banco Do Brasil Sa/Cayman
    9.250
    10/31/2049
    NR
    Brazil
    USD
    0.60
    Turkiye Is Bankasi
    6.000
    10/24/2022
    BB+
    Turkey
    USD
    0.60
    Anglogold Ashanti Holdings Plc
    8.500
    07/30/2020
    BB+
    South Africa
    USD
    0.58
    State Oil Co Of The Azerbaijan Republic
    4.750
    03/13/2023
    BB+
    Azerbaijan
    USD
    0.58
    Magyar Export-Import Bank Rt
    5.500
    02/12/2018
    BB
    Hungary
    USD
    0.58
    Cemex Finance Llc
    9.375
    10/12/2022
    B+
    Mexico
    USD
    0.57
    Citic Pacific Ltd
    6.875
    01/21/2018
    BB
    China
    USD
    0.57
    Bank Negara Indonesia Persero Tbk Pt/Lo
    4.125
    04/27/2017
    BB+
    Indonesia
    USD
    0.57
    Bancolombia Sa
    6.125
    07/26/2020
    BB+
    Colombia
    USD
    0.55
    Vedanta Resources Plc
    8.250
    06/07/2021
    BB-
    Bahamas
    USD
    0.55
    Citic Pacific Ltd
    6.800
    01/17/2023
    BB
    China
    USD
    0.54
    Halyk Savings Bank Of Kazakhstan Jsc
    7.250
    05/03/2017
    BB-
    Kazakhstan
    USD
    0.52
    Pacific Rubiales Energy Corp
    5.125
    03/28/2023
    BB
    Colombia
    USD
    0.52
    Altice Financing Sa
    7.875
    12/15/2019
    B+
    Luxembourg
    USD
    0.50
    Provincia De Buenos Aires/Argentina
    11.750
    10/05/2015
    CCC+
    Argentina
    USD
    0.50
    Vimpel Communications Ojsc Via Ubs Luxe
    8.250
    05/23/2016
    BB-
    Netherlands
    USD
    0.50
    Jbs Investments Gmbh
    7.750
    10/28/2020
    BB-
    Brazil
    USD
    0.50
    Emaar Sukuk Ltd
    6.400
    07/18/2019
    BB-
    United Arab Emirates
    USD
    0.50
    Zhaikmunai Lp Via Zhaikmunai Internatio
    7.125
    11/13/2019
    B
    Netherlands
    USD
    0.50
    Export Credit Bank Of Turkey
    5.875
    04/24/2019
    BB+
    Turkey
    USD
    0.49
    Berau Capital Resources Pte Ltd
    12.500
    07/08/2015
    B+
    United Kingdom
    USD
    0.49
    Provincia De Buenos Aires/Argentina
    9.375
    09/14/2018
    CCC+
    Argentina
    USD
    0.48
    Cemex Sab De Cv
    9.000
    01/11/2018
    B+
    Mexico
    USD
    0.48
    Vtb Bank Ojsc Via Vtb Capital Sa
    6.950
    10/17/2022
    BB+
    Russian Federation
    USD
    0.48
    Digicel Ltd
    6.000
    04/15/2021
    B
    Bermuda
    USD
    0.46
    Metalloinvest Finance Ltd
    5.625
    04/17/2020
    BB-
    Russian Federation
    USD
    0.46
    Mts International Funding Ltd
    8.625
    06/22/2020
    BB
    Russian Federation
    USD
    0.46
    Instituto Costarricense De Electricidad
    6.950
    11/10/2021
    BB+
    Costa Rica
    USD
    0.45
    Cemex Finance Llc
    9.375
    10/12/2022
    B+
    Mexico
    USD
    0.45
    Agile Property Holdings Ltd
    8.875
    04/28/2017
    BB-
    Hong Kong
    USD
    0.45
    China Citic Bank International Ltd
    6.875
    06/24/2020
    BB+
    China
    USD
    0.45
    Kwg Property Holding Ltd
    8.975
    01/14/2019
    B+
    China
    USD
    0.44
    Banco Nacional De Costa Rica
    6.250
    11/01/2023
    BB+
    Costa Rica
    USD
    0.44
    Dtek Finance Plc
    7.875
    04/04/2018
    CCC+
    Ukraine
    USD
    0.44
    Kaisa Group Holdings Ltd
    10.250
    01/08/2020
    B+
    Cayman Islands
    USD
    0.43
    Gazprombank Ojsc Via Gpb Eurobond Finan
    7.250
    05/03/2019
    BB
    Russian Federation
    USD
    0.43
    Adaro Indonesia Pt
    7.625
    10/22/2019
    BB+
    Indonesia
    USD
    0.42
    Cemex Finance Llc
    6.000
    04/01/2024
    B+
    Mexico
    USD
    0.42
    Samruk-Energy Jsc
    3.750
    12/20/2017
    BB+
    Kazakhstan
    USD
    0.42
    B Communications Ltd
    7.375
    02/15/2021
    NR
    Israel
    USD
    0.42
    Longfor Properties Co Ltd
    6.750
    01/29/2023
    BB
    China
    USD
    0.42
    Bancolombia Sa
    5.125
    09/11/2022
    BB+
    Colombia
    USD
    0.42
    Petroleos De Venezuela Sa
    12.750
    02/17/2022
    NR
    Venezuela
    USD
    0.42
    Icici Bank Ltd
    6.375
    04/30/2022
    BB-
    India
    USD
    0.41
    Israel Electric Corp Ltd
    5.625
    06/21/2018
    BB+
    Israel
    USD
    0.40
    Centrais Eletricas Brasileiras Sa
    5.750
    10/27/2021
    BB+
    Brazil
    USD
    0.40
    Gold Fields Orogen Holding Bvi Ltd
    4.875
    10/07/2020
    BB+
    South Africa
    USD
    0.40
    Evergrande Real Estate Group Ltd
    13.000
    01/27/2015
    B+
    China
    USD
    0.39
    Jafz Sukuk Ltd
    7.000
    06/19/2019
    BB-
    United Arab Emirates
    USD
    0.39
    Empresas Ica Sab De Cv
    8.900
    02/04/2021
    B
    Mexico
    USD
    0.38
    Sukuk Funding No 3 Ltd
    4.348
    12/03/2018
    BB
    United Arab Emirates
    USD
    0.38
    Financing Of Infrastrucural Projects St
    8.375
    11/03/2017
    NR
    Ukraine
    USD
    0.37
    Stats Chippac Ltd
    4.500
    03/20/2018
    BB+
    Singapore
    USD
    0.37
    Digicel Group Ltd
    8.250
    09/30/2020
    CCC+
    Bermuda
    USD
    0.37
    Jbs Finance Ii Ltd
    8.250
    01/29/2018
    BB-
    Brazil
    USD
    0.36
    Global A&T Electronics Ltd
    10.000
    02/01/2019
    B-
    Singapore
    USD
    0.35
    Vedanta Resources Plc
    6.000
    01/31/2019
    BB-
    Bahamas
    USD
    0.35
    City Of Buenos Aires
    12.500
    04/06/2015
    CCC+
    Argentina
    USD
    0.35
    Oschadbank Via Ssb #1 Plc
    8.250
    03/10/2016
    CCC+
    Ukraine
    USD
    0.34
    Nomos Bank Via Nomos Capital Plc
    10.000
    04/26/2019
    B+
    Russian Federation
    USD
    0.34
    Metinvest Bv
    8.750
    02/14/2018
    CCC+
    Ukraine
    USD
    0.34
    Finansbank As/Turkey
    5.150
    11/01/2017
    BB+
    Greece
    USD
    0.34
    Greentown China Holdings Ltd
    8.500
    02/04/2018
    B
    China
    USD
    0.34
    Mce Finance Ltd
    5.000
    02/15/2021
    B+
    China
    USD
    0.34
    Pacific Rubiales Energy Corp
    5.375
    01/26/2019
    BB
    Colombia
    USD
    0.33
    Evraz Group Sa
    8.250
    11/10/2015
    B+
    United Kingdom
    USD
    0.33
    Greenland Hong Kong Holdings Ltd
    4.750
    10/18/2016
    BB+
    China
    USD
    0.33
    Centrais Eletricas Brasileiras Sa
    6.875
    07/30/2019
    BB+
    Brazil
    USD
    0.33
    Woori Bank Co Ltd
    6.208
    05/02/2037
    BB
    Korea, Republic of
    USD
    0.33
    Mfb Magyar Fejlesztesi Bank Zrt
    6.250
    10/21/2020
    BB+
    Hungary
    USD
    0.32
    Colombia Telecomunicaciones Sa Esp
    5.375
    09/27/2022
    BB
    Spain
    USD
    0.32
    Evraz Group Sa
    7.400
    04/24/2017
    B+
    United Kingdom
    USD
    0.32
    Banco De Oro Unibank Inc
    4.500
    02/16/2017
    BB+
    Philippines
    USD
    0.32
    Grupo Elektra Sa De Cv
    7.250
    08/06/2018
    NR
    Mexico
    USD
    0.32
    Dar Al-Arkan Sukuk Co Ltd
    5.750
    05/24/2018
    NR
    Saudi Arabia
    USD
    0.30
    Banco Industrial E Comercial Sa
    8.500
    04/27/2020
    NR
    Brazil
    USD
    0.30
    Mce Finance Ltd
    5.000
    02/15/2021
    B+
    China
    USD
    0.30
    Country Garden Holdings Co Ltd
    11.125
    02/23/2018
    BB-
    China
    USD
    0.30
    Soho China Ltd
    7.125
    11/07/2022
    BB+
    China
    USD
    0.29
    Gtb Finance B.V.
    7.500
    05/19/2016
    B+
    Nigeria
    USD
    0.29
    Turkiye Vakiflar Bankasi Tao
    6.000
    11/01/2022
    BB
    Turkey
    USD
    0.29
    Indo Energy Finance Ii Bv
    6.375
    01/24/2023
    B+
    Indonesia
    USD
    0.29
    State Oil Co Of The Azerbaijan Republic
    5.450
    02/09/2017
    BB+
    Azerbaijan
    USD
    0.29
    Industrial Senior Trust
    5.500
    11/01/2022
    BB+
    Panama
    USD
    0.28
    Perusahaan Listrik Negara Pt
    5.500
    11/22/2021
    BB+
    Indonesia
    USD
    0.28
    Star Energy Geothermal Wayang Windu Ltd
    6.125
    03/27/2020
    B
    Virgin Islands, British
    USD
    0.28
    Evraz Group Sa
    7.400
    04/24/2017
    B+
    United Kingdom
    USD
    0.28
    Vimpelcom Holdings Bv
    7.504
    03/01/2022
    BB-
    Russian Federation
    USD
    0.28
    Yapi Ve Kredi Bankasi Via Unicredit Lux
    5.188
    10/13/2015
    BBB-
    Turkey
    USD
    0.27
    Banco De Costa Rica
    5.250
    08/12/2018
    BB+
    Costa Rica
    USD
    0.27
    China Resources Power East Foundation C
    7.250
    05/09/2049
    BB
    China
    USD
    0.27
    Vimpel Communications Via Vip Finance I
    9.125
    04/30/2018
    BB-
    Russian Federation
    USD
    0.27
    Batelco International Finance No. 1 Lts
    4.250
    05/01/2020
    BB+
    Bahrain
    USD
    0.27
    Petroleos De Venezuela Sa
    9.000
    11/17/2021
    B
    Venezuela
    USD
    0.27
    Shelf Drilling Holdings Ltd
    8.625
    11/01/2018
    B+
    United Arab Emirates
    USD
    0.27
    Maf Global Securities Ltd
    7.125
    10/29/2049
    BB+
    United Arab Emirates
    USD
    0.27
    Corpgroup Banking Sa
    6.750
    03/15/2023
    B+
    Chile
    USD
    0.27
    Offshore Drilling Holding Sa
    8.375
    09/20/2020
    BB
    Mexico
    USD
    0.26
    Sunac China Holdings Ltd
    12.500
    10/16/2017
    B+
    China
    USD
    0.26
    Alrosa Finance Sa
    7.750
    11/03/2020
    BB-
    Russian Federation
    USD
    0.26
    Avianca Holdings Sa / Avianca Leasing L
    8.375
    05/10/2020
    B
    Colombia
    USD
    0.26
    Mol Group Finance Sa
    6.250
    09/26/2019
    BB+
    Luxembourg
    USD
    0.26
    Agile Property Holdings Ltd
    8.875
    04/28/2017
    BB-
    Hong Kong
    USD
    0.26
    Studio City Finance Ltd
    8.500
    12/01/2020
    B-
    China
    USD
    0.26
    Eileme 2 Ab
    11.625
    01/31/2020
    B-
    Cyprus
    USD
    0.26
    Alfa Bank Ojsc Via Alfa Bond Issuance P
    7.875
    09/25/2017
    BB+
    Russian Federation
    USD
    0.26
    Sparkle Assets Ltd
    6.875
    01/30/2020
    BB-
    China
    USD
    0.26
    Ypf Sa
    8.875
    12/19/2018
    B-
    Argentina
    USD
    0.26
    Tupras Turkiye Petrol Rafine
    4.125
    05/02/2018
    BB+
    Turkey
    USD
    0.25
    China Shanshui Cement Group Ltd
    10.500
    04/27/2017
    BB-
    China
    USD
    0.25
    Office Depot De Mexico Sa De Cv
    6.875
    09/20/2020
    BB
    Mexico
    USD
    0.25
    Ukreximbank Via Biz Finance Plc
    8.375
    04/27/2015
    CCC+
    Ukraine
    USD
    0.25
    Tam Capital 3 Inc
    8.375
    06/03/2021
    BB-
    Chile
    USD
    0.25
    Bank Of East Asia Ltd
    8.500
    11/29/2049
    BB
    Hong Kong
    USD
    0.25
    Russian Standard Bank Via Russian Stand
    9.250
    07/11/2017
    B
    Bermuda
    USD
    0.24
    Alliance Oil Company Ltd
    9.875
    03/11/2015
    B
    Russian Federation
    USD
    0.24
    Kazakhgold Group Ltd
    5.625
    04/29/2020
    BB+
    United Kingdom
    USD
    0.24
    Arcos Dorados Holdings Inc
    6.625
    09/27/2023
    BB+
    Virgin Islands, British
    USD
    0.24
    Georgian Railway Jsc
    7.750
    07/11/2022
    BB-
    Georgia
    USD
    0.24
    Minerva Luxembourg Sa
    7.750
    01/31/2023
    B+
    Brazil
    USD
    0.24
    Fibria Overseas Finance Ltd
    6.750
    03/03/2021
    BB+
    Brazil
    USD
    0.23
    Csn Resources Sa
    6.500
    07/21/2020
    BB+
    Brazil
    USD
    0.23
    Grupo Papelero Scribe Sa
    8.875
    04/07/2020
    B+
    Mexico
    USD
    0.23
    Offshore Drilling Holding Sa
    8.375
    09/20/2020
    BB
    Mexico
    USD
    0.23
    Development Bank Of Mongolia Llc
    5.750
    03/21/2017
    B+
    Mongolia
    USD
    0.23
    Yancoal International Resources Develop
    5.730
    05/16/2022
    BB+
    China
    USD
    0.23
    Listrindo Capital Bv
    6.950
    02/21/2019
    BB-
    Indonesia
    USD
    0.23
    Tmk Oao Via Tmk Capital Sa
    7.750
    01/27/2018
    B+
    Russian Federation
    USD
    0.22
    Banco Davivienda Sa
    5.875
    07/09/2022
    BB
    Colombia
    USD
    0.22
    Nile Finance Ltd
    5.250
    08/05/2015
    CCC+
    Egypt
    USD
    0.22
    Mcc Holding Hong Kong Corp Ltd
    4.875
    07/29/2016
    BB+
    China
    USD
    0.21
    Tenedora Nemak Sa De Cv
    5.500
    02/28/2023
    BB
    Mexico
    USD
    0.21
    Mie Holdings Corp
    9.750
    05/12/2016
    B
    Hong Kong
    USD
    0.21
    Intergas Finance Bv
    6.375
    05/14/2017
    BB+
    Kazakhstan
    USD
    0.21
    Ca La Electricidad De Caracas
    8.500
    04/10/2018
    B
    Venezuela
    USD
    0.21
    Bank Of Ceylon
    6.875
    05/03/2017
    B+
    Sri Lanka
    USD
    0.21
    Guanay Finance Ltd
    6.000
    12/15/2020
    BB+
    Chile
    USD
    0.21
    Mhp Sa
    8.250
    04/02/2020
    B-
    Ukraine
    USD
    0.21
    Promsvyazbank Ojsc Via Psb Finance Sa
    8.500
    04/25/2017
    BB-
    Netherlands
    USD
    0.21
    Eurochem Mineral & Chemical Co Ojsc Via
    5.125
    12/12/2017
    BB
    Bermuda
    USD
    0.21
    Arcelik As
    5.000
    04/03/2023
    BB+
    Turkey
    USD
    0.20
    Pacnet Ltd
    9.000
    12/12/2018
    B+
    Hong Kong
    USD
    0.20
    Inkia Energy Ltd
    8.375
    04/04/2021
    BB-
    Israel
    USD
    0.20
    Pan American Energy Llc/Argentine Branc
    7.875
    05/07/2021
    B
    Argentina
    USD
    0.20
    Development Bank Of Philippines
    5.500
    03/25/2021
    BB+
    Philippines
    USD
    0.20
    Telefonica Celular Del Paraguay Sa
    6.750
    12/13/2022
    BB-
    Luxembourg
    USD
    0.19
    Banco Do Estado Do Rio Grande Do Sul
    7.375
    02/02/2022
    BB
    Brazil
    USD
    0.19
    West China Cement Ltd
    7.500
    01/25/2016
    B+
    China
    USD
    0.19
    Israel Electric Corp Ltd
    7.250
    01/15/2019
    BB+
    Israel
    USD
    0.19
    Provincia De Cordoba
    12.375
    08/17/2017
    CCC+
    Argentina
    USD
    0.19
    Suzano Trading Ltd
    5.875
    01/23/2021
    BB-
    Brazil
    USD
    0.19
    Financing Of Infrastrucural Projects St
    9.000
    12/07/2017
    NR
    Ukraine
    USD
    0.19
    Turkiye Vakiflar Bankasi Tao
    6.000
    11/01/2022
    BB
    Turkey
    USD
    0.19
    Soho China Ltd
    5.750
    11/07/2017
    BB+
    China
    USD
    0.19
    Ajecorp Bv
    6.500
    05/14/2022
    BB
    Spain
    USD
    0.18
    Anglogold Ashanti Holdings Plc
    5.375
    04/15/2020
    BB+
    South Africa
    USD
    0.18
    Bank Of Ceylon
    5.325
    04/16/2018
    NR
    Sri Lanka
    USD
    0.18
    Russian Agricultural Bank Ojsc Via Rshb
    6.000
    06/03/2021
    BB
    Russian Federation
    USD
    0.18
    Sibur Securities Ltd
    3.914
    01/31/2018
    BB+
    Ireland
    USD
    0.18
    Credit Bank Of Moscow Via Cbom Finance
    7.700
    02/01/2018
    BB-
    Russian Federation
    USD
    0.18
    Controladora Mabe Sa De Cv
    7.875
    10/28/2019
    BB+
    Mexico
    USD
    0.17
    Scf Capital Ltd
    5.375
    10/27/2017
    BB-
    Russian Federation
    USD
    0.17
    Aes El Salvador Trust Ii
    6.750
    03/28/2023
    BB
    U.S.
    USD
    0.17
    Israel Electric Corp Ltd
    6.875
    06/21/2023
    BB+
    Israel
    USD
    0.17
    Kazkommertsbank Jsc
    7.500
    11/29/2016
    B-
    Kazakhstan
    USD
    0.17
    Far East Capital Ltd Sa
    8.000
    05/02/2018
    B+
    Russian Federation
    USD
    0.17
    Provincia De Buenos Aires/Argentina
    10.875
    01/26/2021
    CCC+
    Argentina
    USD
    0.17
    Vimpelcom Holdings Bv
    5.950
    02/13/2023
    BB-
    Russian Federation
    USD
    0.17
    China Oriental Group Co Ltd
    8.000
    08/18/2015
    B+
    China
    USD
    0.17
    Intercorp Retail Trust
    8.875
    11/14/2018
    B+
    Peru
    USD
    0.17
    Inkia Energy Ltd
    8.375
    04/04/2021
    BB-
    Israel
    USD
    0.17
    Aeropuertos Dominicanos Siglo Xxi Sa
    9.250
    11/13/2019
    B+
    U.S.
    USD
    0.16
    Topaz Marine Sa
    8.625
    11/01/2018
    B-
    Oman
    USD
    0.16
    Shimao Property Holdings Ltd
    9.650
    08/03/2017
    BB-
    China
    USD
    0.16
    Yanlord Land Group Ltd
    10.625
    03/29/2018
    BB-
    Singapore
    USD
    0.16
    Cementos Progreso Trust
    7.125
    11/06/2023
    BB
    Cayman Islands
    USD
    0.16
    Hrvatska Elektroprivreda
    6.000
    11/09/2017
    BB-
    Croatia
    USD
    0.16
    Bank Of Georgia Jsc
    7.750
    07/05/2017
    BB-
    Georgia
    USD
    0.16
    Transportadora De Gas Internacional Sa
    5.700
    03/20/2022
    BBB-
    Colombia
    USD
    0.16
    Cia Minera Ares Sac
    7.750
    01/23/2021
    BB+
    Peru
    USD
    0.16
    Severstal Oao Via Steel Capital Sa
    6.700
    10/25/2017
    BB
    Russian Federation
    USD
    0.16
    Banque Marocaine Du Commerce Exterieur
    6.250
    11/27/2018
    NR
    Morocco
    USD
    0.16
    Automotores Gildemeister Sa
    8.250
    05/24/2021
    B
    Chile
    USD
    0.16
    Icici Bank Ltd
    6.375
    04/30/2022
    BB-
    India
    USD
    0.16
    Gajah Tunggal Tbk Pt
    7.750
    02/06/2018
    B
    Indonesia
    USD
    0.16
    Brunswick Rail Finance Ltd
    6.500
    11/01/2017
    BB-
    Russian Federation
    USD
    0.15
    Nomos Bank Via Nomos Capital Plc
    8.750
    10/21/2015
    B+
    Russian Federation
    USD
    0.15
    Turkiye Is Bankasi
    6.000
    10/24/2022
    BB+
    Turkey
    USD
    0.15
    State Bank Of India
    6.439
    11/29/2049
    B+
    India
    USD
    0.15
    Axtel Sab De Cv
    8.000
    01/31/2020
    B
    Mexico
    USD
    0.15
    Export Credit Bank Of Turkey
    5.875
    04/24/2019
    BB+
    Turkey
    USD
    0.15
    Road King Infrastructure Finance 2012 L
    9.875
    09/18/2017
    B+
    Hong Kong
    USD
    0.15
    Gtb Finance B.V.
    7.500
    05/19/2016
    B+
    Nigeria
    USD
    0.15
    Provincia De Cordoba
    12.375
    08/17/2017
    CCC+
    Argentina
    USD
    0.14
    Phosagro Oao Via Phosagro Bond Funding
    4.204
    02/13/2018
    BB+
    Russian Federation
    USD
    0.14
    Banco Bmg Sa
    9.950
    11/05/2019
    CCC+
    Brazil
    USD
    0.14
    Bbva Bancomer Sa/Grand Cayman
    6.008
    05/17/2022
    BB+
    Spain
    USD
    0.14
    China Oil & Gas Group Ltd
    5.250
    04/25/2018
    BB+
    Hong Kong
    USD
    0.14
    Parkson Retail Group Ltd
    4.500
    05/03/2018
    BB
    Malaysia
    USD
    0.14
    Cemex Espana Luxembourg
    9.250
    05/12/2020
    B+
    Mexico
    USD
    0.14
    Aes Gener Sa
    8.375
    12/18/2073
    BB
    U.S.
    USD
    0.13
    China Sce Property Holdings Ltd
    11.500
    11/14/2017
    B-
    Virgin Islands, British
    USD
    0.13
    Hopson Development Holdings Ltd
    11.750
    01/21/2016
    CCC+
    Virgin Islands, British
    USD
    0.13
    Virgolino De Oliveira Finance Ltd
    10.500
    01/28/2018
    B-
    Brazil
    USD
    0.13
    Raspadskaya Ojsc Via Raspadskaya Securi
    7.750
    04/27/2017
    B
    Russian Federation
    USD
    0.13
    Telemovil Finance Co Ltd
    8.000
    10/01/2017
    BB-
    Luxembourg
    USD
    0.13
    Fbn Finance Co B.V.
    8.250
    08/07/2020
    B-
    Nigeria
    USD
    0.13
    Sistema Jsfc Via Sistema International
    6.950
    05/17/2019
    BB-
    Russian Federation
    USD
    0.13
    Bank Of Baroda/London
    6.625
    05/25/2022
    BB-
    India
    USD
    0.13
    Grupo Kuo Sab De Cv
    6.250
    12/04/2022
    BB
    Mexico
    USD
    0.12
    Ferrexpo Finance Plc
    7.875
    04/07/2016
    CCC+
    Ukraine
    USD
    0.12
    Access Finance Bv
    7.250
    07/25/2017
    B+
    Nigeria
    USD
    0.12
    Yingde Gases Investment Ltd
    8.125
    04/22/2018
    BB-
    China
    USD
    0.12
    Theta Capital Pte Ltd
    6.125
    11/14/2020
    BB-
    Indonesia
    USD
    0.12
    Ferreyros Sa
    4.875
    04/26/2020
    BB+
    Peru
    USD
    0.12
    Ukreximbank Via Biz Finance Plc
    8.750
    01/22/2018
    CCC+
    Ukraine
    USD
    0.12
    Petroleos De Venezuela Sa
    12.750
    02/17/2022
    B
    Venezuela
    USD
    0.12
    Banco Gnb Sudameris Sa
    3.875
    05/02/2018
    BB+
    Colombia
    USD
    0.12
    Trade & Development Bank Of Mongolia Ll
    8.500
    09/20/2015
    NR
    U.S.
    USD
    0.12
    Tbg Global Pte Ltd
    4.625
    04/03/2018
    BB-
    Indonesia
    USD
    0.12
    City Of Buenos Aires
    12.500
    04/06/2015
    CCC+
    Argentina
    USD
    0.12
    Ukraine Railways Via Shortline Plc
    9.500
    05/21/2018
    B-
    Ukraine
    USD
    0.12
    Bumi Investment Pte Ltd
    10.750
    10/06/2017
    CC
    Indonesia
    USD
    0.12
    Central China Real Estate Ltd
    6.500
    06/04/2018
    BB-
    China
    USD
    0.12
    Turkiye Sise Ve Cam Fabrikalari As
    4.250
    05/09/2020
    BB+
    Turkey
    USD
    0.12
    Turkiye Sise Ve Cam Fabrikalari As
    4.250
    05/09/2020
    BB+
    Turkey
    USD
    0.12
    Corp Lindley Sa
    4.625
    04/12/2023
    BB+
    Peru
    USD
    0.12
    Banco Btg Pactual Sa/Cayman Islands
    5.750
    09/28/2022
    BB
    Brazil
    USD
    0.12
    Alrosa Finance Sa
    7.750
    11/03/2020
    BB-
    Russian Federation
    USD
    0.11
    Woori Bank Co Ltd
    6.208
    05/02/2037
    BB
    Korea, Republic of
    USD
    0.11
    Cosan Luxembourg Sa
    5.000
    03/14/2023
    BB
    Brazil
    USD
    0.11
    Country Garden Holdings Co Ltd
    7.500
    01/10/2023
    BB-
    Hong Kong
    USD
    0.11
    Evraz Group Sa
    6.750
    04/27/2018
    B+
    United Kingdom
    USD
    0.11
    Hopson Development Holdings Ltd
    9.875
    01/16/2018
    CCC+
    Virgin Islands, British
    USD
    0.11
    Corp Azucarera Del Peru Sa
    6.375
    08/02/2022
    BB
    Peru
    USD
    0.11
    Yapi Ve Kredi Bankasi As
    5.500
    12/06/2022
    BB+
    Turkey
    USD
    0.11
    Majapahit Holding Bv
    8.000
    08/07/2019
    BB+
    Indonesia
    USD
    0.11
    Agrokor Dd
    8.875
    02/01/2020
    B
    Croatia
    USD
    0.10
    Zoomlion Hk Spv Co Ltd
    6.125
    12/20/2022
    BB+
    China
    USD
    0.10
    Yancoal International Resources Develop
    5.730
    05/16/2022
    BB+
    China
    USD
    0.10
    Vimpel Communications Ojsc Via Ubs Luxe
    8.250
    05/23/2016
    BB-
    Netherlands
    USD
    0.10
    Aes Gener Sa
    8.375
    12/18/2073
    BB
    U.S.
    USD
    0.10
    Banco Regional Saeca
    8.125
    01/24/2019
    BB-
    Paraguay
    USD
    0.10
    Hypermarcas Sa
    6.500
    04/20/2021
    BB
    Brazil
    USD
    0.10
    Mbps Finance Co
    11.250
    11/15/2015
    B
    Oman
    USD
    0.10
    Geopark Latin America Ltd Agencia En Ch
    7.500
    02/11/2020
    B
    Bermuda
    USD
    0.10
    Ukrlandfarming Plc
    10.875
    03/26/2018
    B-
    Ukraine
    USD
    0.09
    Fufeng Group Ltd
    7.625
    04/13/2016
    BB-
    China
    USD
    0.09
    Qgog Constellation
    6.250
    11/09/2019
    BB
    Luxembourg
    USD
    0.09
    Mriya Agro Holding Plc
    9.450
    04/19/2018
    B-
    Ukraine
    USD
    0.09
    Mmi International Ltd
    8.000
    03/01/2017
    B+
    U.S.
    USD
    0.09
    Kazkommertsbank Jsc
    7.500
    11/29/2016
    B-
    Kazakhstan
    USD
    0.09
    Credit Europe Bank Nv
    8.000
    01/24/2023
    B+
    Turkey
    USD
    0.09
    Russian Agricultural Bank Ojsc Via Rshb
    6.000
    06/03/2021
    BB
    Russian Federation
    USD
    0.09
    Alliance Bank Jsc
    10.500
    03/25/2017
    CC
    Kazakhstan
    USD
    0.09
    Credit Bank Of Moscow Via Cbom Finance
    8.700
    11/13/2018
    NR
    Russian Federation
    USD
    0.09
    Metalloinvest Finance Ltd
    5.625
    04/17/2020
    BB-
    Russian Federation
    USD
    0.08
    Metinvest Bv
    8.750
    02/14/2018
    CCC+
    Ukraine
    USD
    0.08
    Atf Bank Jsc
    9.000
    05/11/2016
    CCC+
    Italy
    USD
    0.08
    Gajah Tunggal Tbk Pt
    7.750
    02/06/2018
    B
    Indonesia
    USD
    0.08
    Flextronics International Ltd
    5.000
    02/15/2023
    BB+
    Singapore
    USD
    0.08
    China Oriental Group Co Ltd
    8.000
    08/18/2015
    B+
    China
    USD
    0.08
    Inversiones Alsacia Sa
    8.000
    08/18/2018
    CC+
    Chile
    USD
    0.08
    Dtek Finance Plc
    7.875
    04/04/2018
    CCC+
    Ukraine
    USD
    0.07
    Zoomlion Hk Spv Co Ltd
    6.125
    12/20/2022
    BB+
    China
    USD
    0.07
    Evraz Group Sa
    6.750
    04/27/2018
    B+
    United Kingdom
    USD
    0.07
    China Shanshui Cement Group Ltd
    10.500
    04/27/2017
    BB-
    China
    USD
    0.07
    Bbva Bancomer Sa/Texas
    7.250
    04/22/2020
    BB+
    Spain
    USD
    0.07
    Yanlord Land Group Ltd
    10.625
    03/29/2018
    BB-
    Singapore
    USD
    0.07
    Berau Capital Resources Pte Ltd
    12.500
    07/08/2015
    B+
    United Kingdom
    USD
    0.06
    Vedanta Resources Plc
    6.750
    06/07/2016
    BB-
    Bahamas
    USD
    0.06
    Promsvyazbank Ojsc Via Psb Finance Sa
    8.500
    04/25/2017
    BB-
    Netherlands
    USD
    0.06
    Dar Al-Arkan International Sukuk Co
    10.750
    02/18/2015
    NR
    Saudi Arabia
    USD
    0.06
    Provincia De Buenos Aires/Argentina
    10.875
    01/26/2021
    CCC+
    Argentina
    USD
    0.06
    Financing Of Infrastrucural Projects St
    7.400
    04/20/2018
    NR
    Ukraine
    USD
    0.06
    Vimpel Communications Via Vip Finance I
    7.748
    02/02/2021
    BB-
    Netherlands
    USD
    0.06
    Vimpel Communications Via Vip Finance I
    7.748
    02/02/2021
    BB-
    Netherlands
    USD
    0.06
    Rki Finance 2010 Ltd
    9.500
    09/21/2015
    B+
    Hong Kong
    USD
    0.06
    Pan American Energy Llc/Argentine Branc
    7.875
    05/07/2021
    B
    Argentina
    USD
    0.06
    Access Finance Bv
    7.250
    07/25/2017
    B+
    Nigeria
    USD
    0.06
    Finansbank As/Turkey
    5.150
    11/01/2017
    BB+
    Greece
    USD
    0.06
    Nomos Bank Via Nomos Capital Plc
    7.250
    04/25/2018
    BB-
    Russian Federation
    USD
    0.06
    Majapahit Holding Bv
    7.750
    01/20/2020
    BB+
    Indonesia
    USD
    0.06
    Vedanta Resources Plc
    6.000
    01/31/2019
    BB-
    Bahamas
    USD
    0.06
    Eurochem Mineral & Chemical Co Ojsc Via
    5.125
    12/12/2017
    BB
    Bermuda
    USD
    0.06
    Bharti Airtel International Netherlands
    5.125
    03/11/2023
    BB+
    India
    USD
    0.06
    Wpe International Cooperatief Ua
    10.375
    09/30/2020
    B-
    Argentina
    USD
    0.06
    Scf Capital Ltd
    5.375
    10/27/2017
    BB-
    Russian Federation
    USD
    0.06
    Metinvest Bv
    10.250
    05/20/2015
    CCC+
    Ukraine
    USD
    0.06
    Home Credit & Finance Bank Ooo Via Eura
    9.375
    04/24/2020
    B+
    Netherlands
    USD
    0.06
    Ferrexpo Finance Plc
    7.875
    04/07/2016
    CCC+
    Ukraine
    USD
    0.06
    Fibria Overseas Finance Ltd
    6.750
    03/03/2021
    BB+
    Brazil
    USD
    0.05
    Mhp Sa
    8.250
    04/02/2020
    B-
    Ukraine
    USD
    0.05
    Citic Pacific Ltd
    6.625
    04/15/2021
    BB
    China
    USD
    0.05
    Bbva Bancomer Sa/Grand Cayman
    6.008
    05/17/2022
    BB+
    Spain
    USD
    0.05
    Bumi Investment Pte Ltd
    10.750
    10/06/2017
    CC
    Indonesia
    USD
    0.05
    Glorious Property Holdings Ltd
    13.250
    03/04/2018
    CCC
    Hong Kong
    USD
    0.04
    Wpe International Cooperatief Ua
    10.375
    09/30/2020
    B-
    Brazil
    USD
    0.04
    Mongolian Mining Corp
    8.875
    03/29/2017
    CCC+
    China
    USD
    0.04
    Indosat Palapa Co Bv
    7.375
    07/29/2020
    BB+
    Qatar
    USD
    0.03
    Halyk Savings Bank Of Kazakhstan Jsc
    7.250
    05/03/2017
    BB-
    Kazakhstan
    USD
    0.03
    Hrvatska Elektroprivreda
    6.000
    11/09/2017
    BB-
    Croatia
    USD
    0.03
    Dubai Electricity & Water Authority
    8.500
    04/22/2015
    NR
    United Arab Emirates
    USD
    0.03
    Dar Al-Arkan International Sukuk Co
    10.750
    02/18/2015
    NR
    Saudi Arabia
    USD
    0.03
    Severstal Oao Via Steel Capital Sa
    6.700
    10/25/2017
    BB
    Russian Federation
    USD
    0.03
    Anglogold Ashanti Holdings Plc
    6.500
    04/15/2040
    BB+
    South Africa
    USD
    0.03
    Provincia De Buenos Aires/Argentina
    9.375
    09/14/2018
    CCC+
    Argentina
    USD
    0.03
    Financing Of Infrastrucural Projects St
    7.400
    04/20/2018
    NR
    Ukraine
    USD
    0.03
    Transportadora De Gas Del Sur Sa
    9.625
    05/14/2017
    CCC+
    Argentina
    USD
    0.02
    Intergas Finance Bv
    6.375
    05/14/2017
    BB+
    Kazakhstan
    USD
    0.02
    Bakrie Telecom Pte Ltd
    11.500
    05/07/2015
    DD+
    Indonesia
    USD
    0.01
    Other/Cash
    USD
    0.85
    Total (%) 99.85

    †See Country of Risk disclosure. These are not recommendations to buy or to sell any security. Securities and holdings may vary. 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. These are not recommendations to buy or to sell any security. Securities and holdings may vary.