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EMAG
VanEck Vectors Emerging Markets Aggregate Bond ETF

  • Fund Description

    The VanEck Vectors® Emerging Markets Aggregate Bond ETF (EMAG®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS 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, VanEck Vectors® LatAm Aggregate Bond ETF (BONO) changed its underlying index and changed its name to VanEck Vectors Emerging Markets Aggregate Bond ETF (EMAG). See details below.

  •  
    as of 08/22/17

    • 30-Day SEC Yield1

      3.62%
    • Total Net Assets

      $15.4M
    • Number of Holdings

      151
    • Options

      Expected
    • Gross Expense Ratio2

      1.21%
    • Net Expense Ratio/TER2

      0.49%
    • Distribution Frequency

      Monthly
    • Next Distribution Date

      08/31/2017
  • Portfolio Composition (%)
    as of 08/22/17

    • % of Net Assets
    • Stocks

      0.00
    • Bonds

      99.21
    • Other

      0.00
    • Cash

      0.79
  • Download All Fund Holdings »All Holdings (%) as of 08/22/17

    Total Holdings: 151
    Holding Name
    Coupon
    Maturity
    Composite
    Rating
    Country
    Currency
    % of Net
    Assets
    Mexican Bonos
    8.000
    06/11/2020
    A-
    Mexico
    MXN
    2.04
    Thailand Government Bond
    3.625
    06/16/2023
    BBB+
    Thailand
    THB
    1.90
    Brazil Notas Do Tesouro Nacional Ser F
    10.000
    01/01/2021
    BB
    Brazil
    BRL
    1.52
    Gazprom Oao Via Gaz Capital Sa
    6.510
    03/07/2022
    BB+
    Russian Federation
    USD
    1.48
    Indonesia Government International Bond
    5.875
    03/13/2020
    BBB-
    Indonesia
    USD
    1.39
    Republic Of South Africa Government Bon
    7.750
    02/28/2023
    BB+
    South Africa
    ZAR
    1.32
    Colombia Government International Bond
    7.750
    04/14/2021
    BBB
    Colombia
    COP
    1.29
    Malaysia Government Bond
    3.480
    03/15/2023
    A-
    Malaysia
    MYR
    1.26
    Republic Of Poland Government Bond
    4.000
    10/25/2023
    A-
    Poland
    PLN
    1.23
    Turkey Government International Bond
    7.375
    02/05/2025
    BB
    Turkey
    USD
    1.22
    Israel Government Bond - Fixed
    4.250
    03/31/2023
    NR
    Israel
    ILS
    1.22
    Russian Federal Bond - Ofz
    8.152
    02/03/2027
    BB+
    Russian Federation
    RUB
    1.15
    Philippine Government International Bon
    5.000
    01/13/2037
    BBB
    Philippines
    USD
    1.10
    Cnooc Finance 2012 Ltd
    3.875
    05/02/2022
    A+
    China
    USD
    1.08
    Mexican Bonos
    10.000
    12/05/2024
    A-
    Mexico
    MXN
    1.05
    Petroleos Mexicanos
    5.500
    01/21/2021
    BBB
    Mexico
    USD
    1.05
    Republic Of Poland Government Bond
    2.500
    07/25/2018
    A-
    Poland
    PLN
    1.05
    Banco Do Brasil Sa/Cayman
    5.875
    01/26/2022
    BB-
    Brazil
    USD
    1.03
    Republic Of Poland Government Bond
    5.750
    04/25/2029
    A-
    Poland
    PLN
    1.02
    Malaysia Government Bond
    3.892
    03/15/2027
    A-
    Malaysia
    MYR
    1.01
    Lebanon Government International Bond
    8.250
    04/12/2021
    B-
    Lebanon
    USD
    1.00
    Thailand Government Bond
    4.875
    06/22/2029
    BBB+
    Thailand
    THB
    0.99
    Republic Of South Africa Government Bon
    8.750
    02/28/2048
    BB+
    South Africa
    ZAR
    0.96
    Indonesia Treasury Bond
    8.375
    09/15/2026
    NR
    Indonesia
    IDR
    0.96
    Indonesia Treasury Bond
    11.000
    11/15/2020
    BBB-
    Indonesia
    IDR
    0.95
    Majapahit Holding Bv
    7.750
    01/20/2020
    BB+
    Indonesia
    USD
    0.94
    Colombia Government International Bond
    7.375
    03/18/2019
    BBB
    Colombia
    USD
    0.93
    Russian Foreign Bond - Eurobond
    12.750
    06/24/2028
    BB+
    Russian Federation
    USD
    0.92
    Indonesia Treasury Bond
    10.500
    08/15/2030
    BBB-
    Indonesia
    IDR
    0.91
    Brazil Notas Do Tesouro Nacional Ser F
    10.000
    01/01/2023
    BB
    Brazil
    BRL
    0.90
    Bank Of China Hong Kong Ltd
    5.550
    02/11/2020
    A-
    China
    USD
    0.89
    Thailand Government Bond
    3.650
    12/17/2021
    BBB+
    Thailand
    THB
    0.89
    America Movil Sab De Cv
    4.125
    10/25/2019
    A-
    Mexico
    EUR
    0.86
    Petrobras Global Finance Bv
    4.750
    01/14/2025
    BB-
    Brazil
    EUR
    0.82
    Petronas Capital Ltd
    7.875
    05/22/2022
    A
    Malaysia
    USD
    0.82
    Turkey Government Bond
    7.120
    03/08/2023
    BBB-
    Turkey
    TRY
    0.81
    Dp World Ltd
    6.850
    07/02/2037
    BBB
    United Arab Emirates
    USD
    0.80
    Mexico Government International Bond
    6.050
    01/11/2040
    BBB+
    Mexico
    USD
    0.79
    Israel Government Bond - Fixed
    5.000
    01/31/2020
    NR
    Israel
    ILS
    0.79
    China Construction Bank Asia Corp Ltd
    1.500
    02/11/2020
    NR
    China
    EUR
    0.79
    Banco De Credito Del Peru/Panama
    5.375
    09/16/2020
    BBB
    Peru
    USD
    0.78
    Brazil Letras Do Tesouro Nacional
    0.000
    07/01/2018
    BB
    Brazil
    BRL
    0.78
    Ipic Gmtn Ltd
    2.375
    05/30/2018
    AA
    United Arab Emirates
    EUR
    0.78
    Romania Government Bond
    5.850
    04/26/2023
    NR
    Romania
    RON
    0.78
    Dubai Electricity & Water Authority
    7.375
    10/21/2020
    NR
    United Arab Emirates
    USD
    0.76
    Bbva Bancomer Sa/Texas
    6.750
    09/30/2022
    BBB-
    Spain
    USD
    0.76
    Teva Pharmaceutical Finance Netherlands
    3.150
    10/01/2026
    BBB
    Israel
    USD
    0.75
    Citic Ltd
    6.625
    04/15/2021
    A-
    China
    USD
    0.75
    Hungary Government International Bond
    6.375
    03/29/2021
    BBB-
    Hungary
    USD
    0.75
    Republic Of South Africa Government Bon
    10.500
    12/21/2026
    BB+
    South Africa
    ZAR
    0.74
    Lukoil International Finance Bv
    7.250
    11/05/2019
    BB+
    Russian Federation
    USD
    0.73
    Kazmunaygas National Co Jsc
    7.000
    05/05/2020
    BB+
    Kazakhstan
    USD
    0.72
    Hutchison Whampoa International 09 Ltd
    7.625
    04/09/2019
    A-
    China
    USD
    0.72
    Itau Unibanco Holding Sa/Cayman Island
    6.200
    04/15/2020
    BB-
    Brazil
    USD
    0.72
    Croatia Government International Bond
    6.750
    11/05/2019
    BB
    Croatia
    USD
    0.72
    Reliance Holding Usa Inc
    5.400
    02/14/2022
    BBB
    India
    USD
    0.72
    Abu Dhabi National Energy Co Pjsc
    6.250
    09/16/2019
    BBB+
    United Arab Emirates
    USD
    0.72
    Israel Electric Corp Ltd
    5.000
    11/12/2024
    BBB-
    Israel
    USD
    0.71
    Gazprom Oao Via Gaz Capital Sa
    8.625
    04/28/2034
    BB+
    Russian Federation
    USD
    0.71
    Bancolombia Sa
    5.125
    09/11/2022
    BB+
    Colombia
    USD
    0.71
    Sinopec Group Overseas Development 2013
    4.375
    10/17/2023
    A+
    China
    USD
    0.71
    Republic Of Poland Government Internati
    6.375
    07/15/2019
    A-
    Poland
    USD
    0.71
    Hungary Government Bond
    7.500
    11/12/2020
    BBB-
    Hungary
    HUF
    0.71
    Cemex Finance Llc
    6.000
    04/01/2024
    BB-
    Mexico
    USD
    0.70
    Bharti Airtel International Netherlands
    5.125
    03/11/2023
    BBB-
    India
    USD
    0.70
    Vimpelcom Holdings Bv
    5.950
    02/13/2023
    BB
    Netherlands
    USD
    0.70
    Cnpc General Capital Ltd
    3.950
    04/19/2022
    A
    China
    USD
    0.69
    Qatar Government International Bond
    5.250
    01/20/2020
    AA-
    Qatar
    USD
    0.69
    Gerdau Trade Inc
    5.750
    01/30/2021
    BBB-
    Brazil
    USD
    0.69
    Swire Pacific Mtn Financing Ltd
    5.500
    08/19/2019
    A-
    China
    USD
    0.69
    Turkey Government International Bond
    6.875
    03/17/2036
    BB
    Turkey
    USD
    0.69
    Turkey Government Bond
    10.529
    01/15/2020
    BBB-
    Turkey
    TRY
    0.69
    Country Garden Holdings Co Ltd
    7.500
    01/10/2023
    BB
    China
    USD
    0.69
    Alibaba Group Holding Ltd
    3.600
    11/28/2024
    A+
    China
    USD
    0.68
    Turkiye Is Bankasi
    5.500
    04/21/2019
    BB+
    Turkey
    USD
    0.68
    China Overseas Finance Cayman Vi Ltd
    4.250
    05/08/2019
    BBB+
    China
    USD
    0.68
    Saudi Electricity Global Sukuk Co 2
    3.473
    04/08/2023
    A-
    Saudi Arabia
    USD
    0.68
    Chile Government International Bond
    3.125
    03/27/2025
    A+
    Chile
    USD
    0.68
    Turkey Government Bond
    10.600
    02/11/2026
    BBB-
    Turkey
    TRY
    0.67
    Saudi Government International Bond
    4.500
    10/26/2046
    A+
    Saudi Arabia
    USD
    0.67
    Turkiye Vakiflar Bankasi Tao
    6.000
    11/01/2022
    BB-
    Turkey
    USD
    0.67
    Grupo Televisa Sab
    6.625
    01/15/2040
    BBB+
    Mexico
    USD
    0.67
    Eskom Holdings Soc Ltd
    5.750
    01/26/2021
    B+
    South Africa
    USD
    0.66
    Ecopetrol Sa
    5.875
    09/18/2023
    BBB-
    Colombia
    USD
    0.66
    Qnb Finance Ltd
    2.750
    10/31/2018
    A+
    Qatar
    USD
    0.66
    Qtel International Finance Ltd
    3.250
    02/21/2023
    A
    Qatar
    USD
    0.65
    Hungary Government Bond
    6.000
    11/24/2023
    BBB-
    Hungary
    HUF
    0.65
    Indonesia Treasury Bond
    8.375
    03/15/2024
    BBB-
    Indonesia
    IDR
    0.65
    Brazil Notas Do Tesouro Nacional Ser F
    10.000
    01/01/2025
    BB
    Brazil
    BRL
    0.63
    Brazilian Government International Bond
    4.875
    01/22/2021
    BB
    Brazil
    USD
    0.61
    Digicel Group Ltd
    7.125
    04/01/2022
    CCC+
    Bermuda
    USD
    0.59
    Panama Government International Bond
    7.125
    01/29/2026
    BBB
    Panama
    USD
    0.58
    Mexican Bonos
    7.500
    06/03/2027
    A-
    Mexico
    MXN
    0.57
    Malaysia Government Bond
    5.734
    07/30/2019
    A-
    Malaysia
    MYR
    0.56
    Croatia Government International Bond
    6.000
    01/26/2024
    BB
    Croatia
    USD
    0.56
    Republic Of South Africa Government Int
    5.500
    03/09/2020
    BB+
    South Africa
    USD
    0.55
    Uruguay Government International Bond
    4.500
    08/14/2024
    BBB-
    Uruguay
    USD
    0.55
    Mexico Government International Bond
    4.000
    10/02/2023
    BBB+
    Mexico
    USD
    0.53
    Peruvian Government International Bond
    7.350
    07/21/2025
    BBB+
    Peru
    USD
    0.53
    Colombian Tes
    10.000
    07/24/2024
    BBB
    Colombia
    COP
    0.52
    Russian Federal Bond - Ofz
    7.500
    02/27/2019
    BB+
    Russian Federation
    RUB
    0.52
    Petrobras Global Finance Bv
    6.750
    01/27/2041
    BB-
    Brazil
    USD
    0.49
    Pertamina Persero Pt
    4.300
    05/20/2023
    BBB-
    Indonesia
    USD
    0.48
    Romanian Government International Bond
    4.625
    09/18/2020
    BBB-
    Romania
    EUR
    0.45
    Mexican Bonos
    6.500
    06/10/2021
    A-
    Mexico
    MXN
    0.45
    Pemex Project Funding Master Trust
    5.500
    02/24/2025
    BBB
    Mexico
    EUR
    0.45
    Peru Government Bond
    7.840
    08/12/2020
    A-
    Peru
    PEN
    0.45
    Czech Republic Government Bond
    5.700
    05/25/2024
    A+
    Czech Republic
    CZK
    0.44
    Petroleos Mexicanos
    6.625
    06/15/2038
    BBB
    Mexico
    USD
    0.44
    Bahrain Government International Bond
    6.125
    08/01/2023
    BB
    Bahrain
    USD
    0.44
    Cez As
    4.500
    06/29/2020
    BBB+
    Czech Republic
    EUR
    0.43
    Ukraine Government International Bond
    7.750
    09/01/2023
    CCC+
    Ukraine
    USD
    0.42
    Russian Federal Bond - Ofz
    7.500
    03/15/2018
    BB+
    Russian Federation
    RUB
    0.40
    Esal Gmbh
    6.250
    02/05/2023
    BB-
    Brazil
    USD
    0.40
    Vnesheconombank Via Veb Finance Plc
    3.035
    02/21/2018
    BB+
    Russian Federation
    EUR
    0.39
    Ypf Sa
    8.750
    04/04/2024
    B-
    Argentina
    USD
    0.38
    Provincia De Buenos Aires/Argentina
    4.000
    05/15/2035
    B-
    Argentina
    EUR
    0.37
    Bonos De La Tesoreria De La Republica E
    4.500
    03/01/2026
    NA
    Chile
    CLP
    0.37
    Lithuania Government International Bond
    7.375
    02/11/2020
    A-
    Lithuania
    USD
    0.37
    Kazakhstan Government International Bon
    5.125
    07/21/2025
    BBB-
    Kazakhstan
    USD
    0.36
    Republic Of Poland Government Bond
    1.500
    04/25/2020
    A-
    Poland
    PLN
    0.35
    Israel Government International Bond
    4.000
    06/30/2022
    A+
    Israel
    USD
    0.35
    Serbia International Bond
    4.875
    02/25/2020
    BB-
    Serbia
    USD
    0.35
    Republic Of South Africa Government Bon
    8.250
    09/15/2017
    BB+
    South Africa
    ZAR
    0.35
    Chile Government International Bond
    3.875
    08/05/2020
    A+
    Chile
    USD
    0.34
    Turkiye Garanti Bankasi As
    5.250
    09/13/2022
    BB+
    Turkey
    USD
    0.34
    Nigeria Government Bond
    16.390
    01/27/2022
    NA
    Nigeria
    NGN
    0.34
    Czech Republic International
    3.875
    05/24/2022
    A+
    Czech Republic
    EUR
    0.32
    Indonesia Treasury Bond
    8.375
    03/15/2034
    BBB-
    Indonesia
    IDR
    0.29
    Petroleos De Venezuela Sa
    5.375
    04/12/2027
    CC+
    Venezuela
    USD
    0.28
    Republic Of Poland Government Bond
    3.250
    07/25/2025
    A-
    Poland
    PLN
    0.27
    Empresas Publicas De Medellin Esp
    8.375
    02/01/2021
    BBB
    Colombia
    COP
    0.26
    Venezuela Government International Bond
    9.250
    05/07/2028
    CCC-
    Venezuela
    USD
    0.25
    Teva Pharmaceutical Finance Co Bv
    2.950
    12/18/2022
    BBB
    Israel
    USD
    0.25
    Turkey Government Bond
    10.700
    02/17/2021
    NR
    Turkey
    TRY
    0.24
    Brazil Notas Do Tesouro Nacional Ser F
    10.000
    01/01/2019
    BB
    Brazil
    BRL
    0.22
    Pan American Energy Llc/Argentine Branc
    7.875
    05/07/2021
    B+
    Argentina
    USD
    0.22
    Russian Federal Bond - Ofz
    7.000
    08/16/2023
    BB+
    Russian Federation
    RUB
    0.21
    Russian Foreign Bond - Eurobond
    7.500
    03/31/2030
    BB+
    Russian Federation
    USD
    0.20
    Icici Bank Ltd/Hong Kong
    5.750
    11/16/2020
    BBB-
    India
    USD
    0.20
    Banco Nacional De Desenvolvimento Econo
    6.500
    06/10/2019
    BB
    Brazil
    USD
    0.20
    Peru Government Bond
    5.700
    08/12/2024
    A-
    Peru
    PEN
    0.19
    Czech Republic Government Bond
    2.400
    09/17/2025
    NR
    Czech Republic
    CZK
    0.19
    America Movil Sab De Cv
    5.000
    03/30/2020
    A-
    Mexico
    USD
    0.18
    Dominican Republic International Bond
    7.500
    05/06/2021
    BB-
    Dominican Republic
    USD
    0.16
    Petroleos De Venezuela Sa
    9.750
    05/17/2035
    CC+
    Venezuela
    USD
    0.13
    Chile Government International Bond
    5.500
    08/05/2020
    A+
    Chile
    CLP
    0.10
    Petroleos De Venezuela Sa
    9.000
    11/17/2021
    CC+
    Venezuela
    USD
    0.08
    Ukraine Government International Bond
    0.000
    05/31/2040
    NR
    Ukraine
    USD
    0.07
    Corp Nacional Del Cobre De Chile
    7.500
    01/15/2019
    A
    Chile
    USD
    0.00
    Other/Cash
    --
    --
    --
    --
    USD
    0.79

    †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.

  • Important Disclosure

    VanEck only serves professional clients in countries where the funds are registered or where funds can be sold in accordance with local private placement rules.

    §Effective December 10, 2013, VanEck Vectors LatAm Aggregate Bond ETF (BONO) changed its name to VanEck 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 MVIS 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.

    130-Day SEC Yield is a standard yield calculation developed by the Securities and Exchange Commission that allows for fairer comparisons among funds. It is based on the most recent 30-day period. This yield figure reflects the interest earned during the period after deducting the fund's expenses for the period. It does not reflect the yield an investor would have received if they had held the fund over the last twelve months assuming the most recent NAV. Distributions may vary from time to time. In the absence of temporary expense waivers or reimbursements, the 30-Day SEC Yield for VanEck Vectors Emerging Markets Aggregate Bond ETF would have been 2.85% on 08/22/2017.The Distribution Yield is the annual yield an investor would receive if the most recent fund distribution stayed the same going forward. The yield represents a single distribution from the fund and does not represent the total return of the fund.  The yield is calculated by annualizing the most recent distribution and dividing by the fund NAV from the as-of date. The 12-Month Yield is the yield an investor would have received if they had held the fund over the last 12 months assuming the most recent NAV. The 12-month yield is calculated by summing any income distributions over the past 12 months and dividing by the sum of the most recent NAV and any capital gain distributions made over the past 12 months. Yield information reflects temporary waivers of expenses and/or fees. Yields would have been reduced had these fees/expenses been included.

    2EMAG Fees & Expenses:  Van Eck Associates Corporation (the "Adviser") has agreed to waive fees and/or pay Fund expenses to the extent necessary to prevent the operating expenses of the Fund (excluding interest expense, offering costs, trading expenses, taxes and extraordinary expenses) from exceeding 0.49% of the Fund's average daily net assets per year until at least September 1, 2017. During such time, the expense limitation is expected to continue until the Fund's Board of Trustees acts to discontinue all or a portion of such expense limitation. TER, or Total Expense Ratio, is also referred to as "Net Expense Ratio". 

    3Morningstar Ratings : If applicable, when the ETF is rated three stars or more for any given period. ©Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results. 

    4 These figures represent averages. Yield to Worst measures the lowest of either yield-to-maturity or yield-to-call date on every possible call date. Yield to Maturity is the annualized return on a bond held to maturity. Effective Duration measures a bond's sensitivity to interest rate changes that reflects the change in a bond's price given a change in yield. This duration measure is appropriate for bonds with embedded options.Modified Duration measures a bond's sensitivity to interest rate changes that reflects the change in a bond's price given a change in yield.Duration to Worst measures the duration of a bond computed using the bond's nearest call date or maturity, whichever comes first. This measure ignores future cash flow fluctuations due to embedded optionality. Years to Maturity is the period of time for which a financial instrument remains outstanding. Maturity refers to a finite time period at the end of which the financial instrument will cease to exist and the principal is repaid. Coupon is measured by weighting the coupon of each bond by its relative size in the portfolio. Coupons are fixed percentages paid on a fixed-income security on an annual basis. Averages are market weighted. The Coupon and Yield to Worst do not represent the performance of the Fund. These statistics do not take into account fees and expenses associated with investments of the Fund.

    5IIV is an abbreviation for the intraday indicative value of an ETF's Shares (and is also known as the Indicative Optimized Portfolio Value or IOPV), and is disseminated every 15 seconds during regular trading hours. The IIV is based on the current market value of the securities and/or cash required to be deposited in exchange for a Creation Unit. The IIV does not necessarily reflect the precise composition of the current portfolio of securities held by the Fund at a particular point in time or the best possible valuation of the current portfolio. Therefore, the IIV should not be viewed as a "real-time" update of the Fund's NAV, which is computed only once a day. The Fund is not involved in, or responsible for, the calculation or dissemination of the IIV and makes no warranty as to its accuracy.

    6The S&P 500® Index consists of 500 widely held common stocks covering industrial, utility, financial and transportation sector; as an Index, it is unmanaged and is not a security in which investments can be made.

    An investment in the Fund may be subject to risk which include, among others, credit risk, call risk, interest rate risk, and sovereign and quasi-sovereign defaults, all of which may adversely affect the Fund. High yield bonds may be subject to greater risk of loss of income and principal and are likely to be more sensitive to adverse economic changes than higher rated securities. International investing involves additional risks which include greater market volatility, the availability of less reliable financial information, higher transactional and custody costs, taxation by foreign governments, decreased market liquidity and political instability. Changes in currency exchange rates may negatively impact the Fund's return. Investments in emerging markets securities are subject to elevated risks which include, among others, expropriation, confiscatory taxation, issues with repatriation of investment income, limitations of foreign ownership, political instability, armed conflict and social instability. The Fund's assets may be concentrated in a particular sector and may be subject to more risk than investments in a diverse group of sectors.

    After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after tax returns depend on the investor's tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their fund shares throughtax-deferred arrangements such as 401(k) plans or individual retirement.

    MVIS EM Aggregate Bond Index is the exclusive property of MV Index Solutions GmbH (a wholly owned subsidiary of the Adviser), which has contracted with Solactive AG to maintain and calculate the Index. Solactive AG uses its best efforts to ensure that the Index is calculated correctly. Irrespective of its obligations towards MV Index Solutions GmbH, Solactive AG has no obligation to point out errors in the Index to third parties. The VanEck Vectors Emerging Markets Aggregate Bond ETF is not sponsored, endorsed, sold or promoted by MV Index Solutions GmbH and MV Index Solutions GmbH makes no representation regarding the advisability of investing in the Fund. 

    Index returns are not Fund returns and do not reflect any management fees or brokerage expenses. Investors can not invest directly in the Index. Returns for actual Fund investors may differ from what is shown because of differences in timing, the amount invested and fees and expenses. Index returns assume that dividends have been reinvested.

    Country of Risk: Country of risk is defined using the International Organization for Standardization’s (ISO) country codes which take four factors into account (listed in order of importance): management location, country of primary listing, country of revenue and reporting currency of the issuer. Management location is defined by country of domicile unless location of such key players as the CEO, CFO, COO or General Counsel is otherwise. For sovereign bonds, the country of domicile is used.

    The "Net Asset Value" (NAV) of a VanEck 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. VanEck Vectors ETF investors should not expect to buy or sell shares at NAV.

    Fund shares are not individually redeemable and will be issued and redeemed at their NAV only through certain authorized broker-dealers in large, specified blocks of shares called "creation units" and otherwise can be bought and sold only through exchange trading. Shares may trade at a premium or discount to their NAV in the secondary market. You will incur brokerage expenses when trading Fund shares in the secondary market. Past performance is no guarantee of future results. Returns for actual Fund investments may differ from what is shown because of differences in timing, the amount invested, and fees and expenses.

    The performance data quoted represents past performance. Past performance is not a guarantee of future results. Performance information for the Fund reflects temporary waivers of expenses and/or fees. Had the Fund incurred all expenses, investment returns would have been reduced. Investment return and value of the shares of the Fund will fluctuate so that an investor's shares, when sold, may be worth more or less than their original cost. Performance may be lower or higher than performance data quoted. Fund returns reflect dividends and capital gains distributions. Performance current to the most recent month end is available by calling 800.826.2333 or on this web page.

    Investing involves substantial risk and high volatility, including possible loss of principal. Bonds and bond funds will decrease in value as interest rates rise. An investor should consider the investment objective, risks, charges and expenses of the Fund carefully before investing. To obtain a prospectus and summary prospectus , which contains this and other information, call 800.826.2333 or visit vaneck.com/etfs . Please read the prospectus and summary prospectus carefully before investing.

    This content is published in the United States for residents of specified countries. Investors are subject to securities and tax regulations within their applicable jurisdictions that are not addressed on this content. Nothing in this content should be considered a solicitation to buy or an offer to sell shares of any investment in any jurisdiction where the offer or solicitation would be unlawful under the securities laws of such jurisdiction, nor is it intended as investment, tax, financial, or legal advice. Investors should seek such professional advice for their particular situation and jurisdiction.