VanEck Emerging Markets Bond UCITS (Bond Fund)

Daily Price as of 25/01/23

BLOOMBERG	NAV	DAILY CHANGE
VAEMBR1	$66.26	$-0.02 0.0%
VAEMEI2	€72.70	€-0.02 0.0%
VAEMI1H	€47.87	€-0.02 0.0%
VAUMUI1	$73.64	$-0.02 0.0%
VAUMUI2	$72.84	$-0.02 0.0%

Details

DOMICILE	FUND STRUCTURE
Ireland	ICAV

Fund Literature

Fund Summary & Key Points

The Emerging Markets Bond UCITS (“Sub-Fund”) seeks total return, consisting of income and capital appreciation. The Sub-Fund’s benchmark is a blended index consisting of 50% J.P Morgan Emerging Markets Bond Index (EMBI) Global Diversified and 50% J.P. Morgan Government Bond Index-Emerging Markets Global Diversified (GBI-EM).

The Sub-Fund can invest in debt securities that are issued by governments, quasi-government entities or corporations in emerging markets countries. These securities may be denominated in any currency, including those of emerging markets. By investing in emerging markets debt securities, the Fund offers exposure to emerging markets fundamentals, generally characterized by lower debts and deficits, higher growth rates and independent central banks. Lead Portfolio Manager, Eric Fine, has over 25 years of experience in emerging markets.

Fund Details
as of 31/12/22

Net Assets (All Classes)

$119.9M
Number of Issues

77
Liquidity

Daily
Countries Registered

AT, CH, DE, DK, FI, IE, IT, LU, NL, NO, SE, UK
Distribution Policy

Income
Cut Off Time

1:00 PM IST
Close of Financial Year

31 December
Benchmark Index

50% GBI-EM/50% EMBI
SFDR Classification

Article 8

Distribution Yield*
as of 31/12/22

USD R1 Inc	5.03%
USD I1 Inc	5.50%
USD I2 Inc	5.60%
EUR Hedged I1 Inc	5.20%
EUR Hedged I2 Inc	5.28%

*Distribution Yield is the dividend income distributions made by the fund over the previous quarter divided by the Net Asset Value of the fund, which is then annualized.

	1 MO¹	3 MO¹	YTD¹	1 YR	3 YR	5 YR	10 YR	LIFE
Emerging Markets Bond UCITS Fund
USD R1 Inc (Inception 12/06/14)	2.67	10.41	-7.57	-7.57	-1.55	-0.26	--	-0.87
USD I1 Inc (Inception 20/08/13)	2.71	10.55	-7.11	-7.11	-0.80	0.58	--	1.41
USD I2 Inc (Inception 20/08/13)	2.72	10.57	-7.01	-7.01	-0.70	0.65	--	1.54
EUR Hedged I1 Inc (Inception 06/10/15)	2.28	9.48	-9.57	-9.57	-2.73	-1.78	--	0.73
EUR Hedged I2 Inc (Inception 22/08/17)	2.35	9.66	-9.38	-9.38	-2.63	-1.71	--	-1.27
50% GBI-EM/50% EMBI - USD²	1.24	8.30	-14.73	-14.73	-5.64	-1.85	--	0.81

	1 MO¹	3 MO¹	YTD¹	1 YR	3 YR	5 YR	10 YR	LIFE
Emerging Markets Bond UCITS Fund
USD R1 Inc (Inception 12/06/14)	2.67	10.41	-7.57	-7.57	-1.55	-0.26	--	-0.87
USD I1 Inc (Inception 20/08/13)	2.71	10.55	-7.11	-7.11	-0.80	0.58	--	1.41
USD I2 Inc (Inception 20/08/13)	2.72	10.57	-7.01	-7.01	-0.70	0.65	--	1.54
EUR Hedged I1 Inc (Inception 06/10/15)	2.28	9.48	-9.57	-9.57	-2.73	-1.78	--	0.73
EUR Hedged I2 Inc (Inception 22/08/17)	2.35	9.66	-9.38	-9.38	-2.63	-1.71	--	-1.27
50% GBI-EM/50% EMBI - USD²	1.24	8.30	-14.73	-14.73	-5.64	-1.85	--	0.81

¹Returns less than one year are not annualized

²Life performance for the indices is presented in USD as of Class I1 inception date of 20/8/13. The Fund's benchmark index (50% GBI-EM/50% EMBI) is a blended index consisting of 50% J.P. Morgan Government Bond Index-Emerging Markets (GBI-EM) Global Diversified (GD) and 50% J.P. Morgan Emerging Markets Bond Index (EMBI) GD. The J.P. Morgan GBI-EM GD tracks local currency bonds issued by Emerging Markets governments. The index spans over 15 countries. The J.P. Morgan EMBI GD tracks returns for actively traded external debt instruments in emerging markets, and is also J.P. Morgan’s most liquid U.S-dollar emerging markets debt benchmark. Information has been obtained from sources believed to be reliable but J.P. Morgan does not warrant its completeness or accuracy. The indices are used with permission. The indices may not be copied, used or distributed without J.P. Morgan’s written approval. Copyright 2014, J.P. Morgan Chase & Co. All rights reserved.

Share Class Details

SHARE CLASS	ISIN	CUSIP	BLOOMBERG	REUTERS	WKN	SEDOL	SIX TELEKURS
USD R1 Inc	IE00BYXQSJ74	G7417D 221	VAEMBR1 ID	68211929	A2DLGV	BYXQSJ7	36845145
USD I1 Inc	IE00BYXQSF37	G7417D 197	VAUMUI1 ID	68211930	A2DLGS	BYXQSF3	36845151
USD I2 Inc	IE00BYXQSG44	G7417D 205	VAUMUI2 ID	68211931	A2DLGT	BYXQSG4	36845156
EUR Hedged I1 Inc	IE00BYXQSD13	G7417D 189	VAEMI1H ID	68211935	A2DLGR	BYXQSD1	36845162
EUR Hedged I2 Inc	IE00BYX22V58	G7417D 288	VAEMEI2 ID	68436883	A2DVBF	BYX22V5	37654637

Management Company and Agents

Investment Manager (by delegation of the Management Company)	Van Eck Associates Corporation
Management Company	VanEck Asset Management B.V.
Central Administration (by delegation of the Management Company), Custodian and Depositary	State Street Ireland
Global Distributor	VanEck (Europe) GmbH
Auditor	KPMG Ireland