CBON
VanEck China Bond ETF
CBON
VanEck China Bond ETF
-
NAV$23.77
as of June 03, 2026 -
Total Net Assets$23.77M
as of June 03, 2026 -
Inception Date11/10/2014
-
Gross Expense Ratio0.91%
-
Net Expense Ratio0.50%
-
30-Day SEC Yield0.98%
Overview
Why CBON
- Access to China’s Bond Market
Provides broad exposure to the second largest bond market globally§
- High Credit Quality Profile
Investment grade, including corporate issuers rated investment grade by S&P or Moody’s
- Portfolio Diversification
Historically low correlation to other asset classes
Source: FactSet and ICE Data Indices, LLC.
The VanEck China Bond ETF (CBON®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the FTSE Chinese Broad Bond 0 – 10 Diversified Select Index (CFIICNDS), which is comprised of fixed-rate, Renminbi ("RMB")-denominated bonds issued in the People's Republic of China by Chinese credit, governmental and quasi-governmental (e.g., policy banks) issuers.
Yields as of 06/03/2026
Monthly
0.98%
1.35%
1.53%
Performance
Average Annual Total Returns* (%)
| 1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR | LIFE 11/10/14 | |
|---|---|---|---|---|---|---|---|---|
| CBON (NAV) | 1.38 | 2.31 | 4.51 | 8.39 | 4.62 | 1.84 | 2.83 | 2.43 |
| CBON (Market Price) | 1.81 | 2.78 | 5.36 | 9.23 | 5.02 | 1.86 | 2.97 | 2.48 |
| FTSE Chinese Broad Bond 0-10 Years Diversified Select Index | 1.43 | 2.51 | 4.82 | 9.01 | 5.49 | 2.64 | 3.62 | 3.29 |
| 1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR | LIFE 11/10/14 | |
|---|---|---|---|---|---|---|---|---|
| CBON (NAV) | -0.35 | 1.80 | 1.80 | 7.15 | 2.87 | 2.09 | 2.33 | 2.23 |
| CBON (Market Price) | -0.14 | 2.36 | 2.36 | 7.55 | 3.53 | 2.12 | 2.45 | 2.26 |
| FTSE Chinese Broad Bond 0-10 Years Diversified Select Index | -0.33 | 1.92 | 1.92 | 7.69 | 3.63 | 2.91 | 3.09 | 3.09 |
Holdings
Book a 15-minute call to learn more about the holdings.
Daily Holdings (%) as of 06/03/2026
Download XLS| Holding Name |
% of Net Assets
|
Coupon |
Maturity
|
Market Value (US$)
|
|---|---|---|---|---|
| China Southern Power Grid Co Ltd |
6.40 |
2.470 |
03/21/2029 |
1,520,759 |
| China Construction Bank Corp |
6.33 |
1.850 |
09/26/2028 |
1,503,697 |
| China Government Bond |
5.88 |
1.420 |
08/15/2028 |
1,397,563 |
| China Government Bond |
4.66 |
2.670 |
11/25/2033 |
1,107,190 |
| Export-Import Bank Of China/The |
4.20 |
3.740 |
11/16/2030 |
998,413 |
| Agricultural Development Bank Of China |
4.12 |
1.660 |
01/09/2035 |
979,953 |
| China Petrochemical Corp |
3.99 |
2.000 |
08/09/2029 |
948,352 |
| China Everbright Bank Co Ltd |
3.68 |
2.720 |
09/25/2026 |
875,014 |
| Bank Of Communications Co Ltd |
3.68 |
2.700 |
09/26/2026 |
874,788 |
| China Government Bond |
3.65 |
1.460 |
05/25/2028 |
868,179 |
| State Grid Corp Of China |
3.55 |
2.880 |
08/30/2027 |
842,966 |
| Agricultural Development Bank Of China |
3.36 |
1.400 |
01/07/2030 |
799,059 |
| China Petroleum & Chemical Corp |
3.35 |
3.200 |
07/27/2026 |
795,887 |
| China Development Bank |
3.24 |
3.450 |
09/20/2029 |
770,351 |
| Agricultural Development Bank Of China |
3.20 |
3.060 |
06/06/2032 |
761,519 |
| China Development Bank |
2.95 |
3.480 |
01/08/2029 |
701,440 |
| China Development Bank |
2.95 |
4.040 |
07/06/2028 |
700,866 |
| China Development Bank |
2.87 |
3.700 |
10/20/2030 |
682,153 |
| China Government Bond |
2.83 |
1.620 |
08/15/2027 |
673,020 |
| China Development Bank |
2.74 |
2.690 |
09/11/2033 |
652,148 |
| Guangdong Hengjian Investment Holding C |
2.73 |
3.280 |
01/14/2027 |
649,668 |
| Export-Import Bank Of China/The |
2.36 |
3.380 |
07/16/2031 |
560,804 |
| China Government Bond |
2.28 |
2.270 |
05/25/2034 |
541,161 |
| China Government Bond |
2.26 |
2.400 |
07/15/2028 |
537,168 |
| Agricultural Development Bank Of China |
2.13 |
1.610 |
08/07/2028 |
506,005 |
| China Development Bank |
2.06 |
2.820 |
05/22/2033 |
490,000 |
| Agricultural Development Bank Of China |
1.59 |
2.960 |
04/17/2030 |
377,893 |
| China Government Bond |
1.49 |
2.550 |
10/15/2028 |
353,871 |
| China Development Bank |
1.29 |
3.650 |
05/21/2029 |
306,618 |
| China Government Bond |
1.16 |
2.350 |
02/25/2034 |
275,790 |
| China Government Bond |
1.11 |
1.440 |
09/15/2027 |
263,179 |
| China Development Bank |
0.80 |
3.660 |
03/01/2031 |
190,943 |
| Export-Import Bank Of China/The |
0.40 |
3.100 |
02/13/2033 |
94,282 |
| -- |
0.63 |
-- |
-- |
148,899 |
| -- |
0.17 |
-- |
-- |
39,369 |
| Other/Cash |
-0.07 |
-- |
-- |
-15,664 |
Portfolio
- Currency Exposure (%)
- Sector Weightings (%)
- Country Weightings (%)
- Years to Maturity
Country Weightings (%) as at 05/31/2026
-
Country
% of Net Assets -
China
99.17 -
Other/Cash
0.83
Years to Maturity as at 04/30/2026
-
Years
Maturity (%) -
< 1
17.40 -
1 - 3
39.10 -
3 - 5
19.90 -
5 - 7
3.00 -
7 - 10
16.60 -
10 - 15
0.00 -
15 - 20
0.00 -
20 - 30
0.00 -
30 +
0.00
Fees
Distributions
Distribution History
| Ex-date |
Record Date |
Payable date |
Dividend Income‡ |
Short-Term Capital Gains |
Long-Term Capital Gains |
Return of Capital |
Total Distributions |
|---|---|---|---|---|---|---|---|
| 06/01/2026 | 06/01/2026 | 06/04/2026 | $ 0.0267 | -- | -- | -- | $ 0.03 |
| 05/01/2026 | 05/01/2026 | 05/06/2026 | $ 0.0264 | -- | -- | -- | $ 0.03 |
| 04/01/2026 | 04/01/2026 | 04/07/2026 | $ 0.0344 | -- | -- | -- | $ 0.03 |
| 03/02/2026 | 03/02/2026 | 03/05/2026 | $ 0.0277 | -- | -- | -- | $ 0.03 |
| 02/02/2026 | 02/02/2026 | 02/05/2026 | $ 0.0311 | -- | -- | -- | $ 0.03 |
| 12/29/2025 | 12/29/2025 | 12/31/2025 | $ 0.0137 | -- | -- | $ 0.0174 | $ 0.03 |
| 11/28/2025 | 11/28/2025 | 12/03/2025 | $ 0.0132 | -- | -- | $ 0.0166 | $ 0.03 |
| 11/03/2025 | 11/03/2025 | 11/06/2025 | $ 0.0139 | -- | -- | $ 0.0176 | $ 0.03 |
| 10/01/2025 | 10/01/2025 | 10/06/2025 | $ 0.0136 | -- | -- | $ 0.0171 | $ 0.03 |
| 09/02/2025 | 09/02/2025 | 09/05/2025 | $ 0.0132 | -- | -- | $ 0.0167 | $ 0.03 |
| 08/01/2025 | 08/01/2025 | 08/06/2025 | $ 0.0146 | -- | -- | $ 0.0184 | $ 0.03 |
| 07/01/2025 | 07/01/2025 | 07/07/2025 | $ 0.0143 | -- | -- | $ 0.0180 | $ 0.03 |
| 06/02/2025 | 06/02/2025 | 06/05/2025 | $ 0.0152 | -- | -- | $ 0.0192 | $ 0.03 |
| 05/01/2025 | 05/01/2025 | 05/06/2025 | $ 0.0151 | -- | -- | $ 0.0191 | $ 0.03 |
| 04/01/2025 | 04/01/2025 | 04/04/2025 | $ 0.0143 | -- | -- | $ 0.0180 | $ 0.03 |
| 03/03/2025 | 03/03/2025 | 03/06/2025 | $ 0.0133 | -- | -- | $ 0.0167 | $ 0.03 |
| 02/03/2025 | 02/03/2025 | 02/06/2025 | $ 0.0134 | -- | -- | $ 0.0170 | $ 0.03 |
| 12/27/2024 | 12/27/2024 | 12/30/2024 | -- | -- | -- | $ 0.0573 | $ 0.06 |
| 12/02/2024 | 12/02/2024 | 12/05/2024 | -- | -- | -- | $ 0.0321 | $ 0.03 |
| 11/01/2024 | 11/01/2024 | 11/06/2024 | -- | -- | -- | $ 0.0344 | $ 0.03 |
| 10/01/2024 | 10/01/2024 | 10/04/2024 | -- | -- | -- | $ 0.0325 | $ 0.03 |
| 09/03/2024 | 09/03/2024 | 09/06/2024 | -- | -- | -- | $ 0.0324 | $ 0.03 |
| 08/01/2024 | 08/01/2024 | 08/06/2024 | -- | -- | -- | $ 0.0348 | $ 0.03 |
| 07/01/2024 | 07/01/2024 | 07/05/2024 | -- | -- | -- | $ 0.0344 | $ 0.03 |
| 06/03/2024 | 06/03/2024 | 06/06/2024 | -- | -- | -- | $ 0.0377 | $ 0.04 |
| 04/23/2024 | 04/24/2024 | 04/29/2024 | -- | -- | -- | $ 0.0450 | $ 0.04 |
| 04/01/2024 | 04/02/2024 | 04/05/2024 | -- | -- | -- | $ 0.0408 | $ 0.04 |
| 03/01/2024 | 03/04/2024 | 03/07/2024 | -- | -- | -- | $ 0.0543 | $ 0.05 |
| 02/01/2024 | 02/02/2024 | 02/07/2024 | -- | -- | -- | $ 0.0390 | $ 0.04 |
| 12/27/2023 | 12/28/2023 | 12/29/2023 | -- | -- | -- | $ 0.0505 | $ 0.05 |
| 12/01/2023 | 12/04/2023 | 12/07/2023 | -- | -- | -- | $ 0.0321 | $ 0.03 |
| 11/01/2023 | 11/02/2023 | 11/07/2023 | -- | -- | -- | $ 0.0581 | $ 0.06 |
| 10/02/2023 | 10/03/2023 | 10/06/2023 | -- | -- | -- | $ 0.1121 | $ 0.11 |
| 09/01/2023 | 09/05/2023 | 09/08/2023 | -- | -- | -- | $ 0.0322 | $ 0.03 |
| 08/01/2023 | 08/02/2023 | 08/10/2023 | -- | -- | -- | $ 0.0499 | $ 0.05 |
| 07/03/2023 | 07/05/2023 | 07/07/2023 | -- | -- | -- | $ 0.0957 | $ 0.10 |
| 06/01/2023 | 06/02/2023 | 06/07/2023 | -- | -- | -- | $ 0.0754 | $ 0.08 |
‡All registered investment companies are obliged to distribute portfolio gains to shareholders at yearend regardless of performance. Trading VanEck 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 VanEck ETFs on the record date. Distributions are paid to shareholders on the payment date. Past distributions are not indicative of future distributions.
Certain distributions may constitute a return of capital, which will have the effect of reducing your cost basis in the Fund’s shares and thereby increasing the amount of capital gain, if any, or decreasing the amount of capital loss, if any, that you will realize when selling or exchanging Fund shares. The final determination of the tax characteristics cannot be determined until after each Fund’s yearend and are reported to shareholders on Form 1099-DIV. The form is mailed to shareholders shortly after calendar yearend specifying how the distributions paid by the Fund during the prior calendar year should be characterized for purposes of reporting the distribution on a shareholder’s tax return.
The tax treatment and characterization of the Fund’s distributions may vary significantly from time to time depending on whether the Fund has gains or losses on the securities in its portfolio. The Fund’s distributions will normally reflect past and projected net investment income, and may include income from dividends and interest, capital gains and/or a return of capital. The final composition of the tax characteristics of the distributions cannot be determined with certainty until after the end of the year, and will be reported to shareholders at that time. The amount of distributions will vary, depending on a number of factors. As portfolio and market conditions change, the rate of dividends may change. There can be no assurance that the Fund will be able to declare a dividend distribution in each period. Past performance is no guarantee of future results.
Team
Resources
Regulatory Information
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Name
Frequency - Annually
- Annually
- Annually
- Annually
- Annually
Fund Documents
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Name
Frequency - Daily
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VanEck Tax Information & Distributions
Annually -
NAV & Premium/Discount History
Daily - Daily
- Annually
Thought Leadership
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Name
Frequency - Monthly