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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 05/23/17
30-Day SEC Yield¹
4.08%
Total Net Assets
$15.2M
Number of Holdings
149
Options
Expected
Gross Expense Ratio²
1.21%
Net Expense Ratio/TER²
0.49%
Distribution Frequency
Monthly
Next Distribution Date
05/31/2017

EMAG Fact Sheet

Summary Prospectus

Management Team
Portfolio Composition (%)
as of 05/23/17
% of Net Assets
Stocks
0.00
Bonds
98.71
Other
0.00
Cash
1.29

Download All Fund Holdings »All Holdings (%) as of 05/23/17

Total Holdings: 149

Holding Name	Coupon	Maturity	Composite Rating	Country^†	Currency	% of Net Assets
Mexican Bonos	8.000	06/11/2020	A-	Mexico	MXN	1.98
Thailand Government Bond	3.625	06/16/2023	BBB+	Thailand	THB	1.84
Gazprom Oao Via Gaz Capital Sa	6.510	03/07/2022	BB+	Russian Federation	USD	1.49
Brazil Notas Do Tesouro Nacional Ser F	10.000	01/01/2021	BB	Brazil	BRL	1.46
Indonesia Government International Bond	5.875	03/13/2020	BB+	Indonesia	USD	1.39
Republic Of South Africa Government Bon	7.750	02/28/2023	BBB-	South Africa	ZAR	1.32
Colombia Government International Bond	7.750	04/14/2021	BBB	Colombia	COP	1.32
Russian Federal Bond - Ofz	8.152	02/03/2027	BB+	Russian Federation	RUB	1.27
Malaysia Government Bond	3.480	03/15/2023	NR	Malaysia	MYR	1.27
Turkey Government International Bond	7.375	02/05/2025	BB	Turkey	USD	1.24
Israel Government Bond - Fixed	4.250	03/31/2023	NR	Israel	ILS	1.22
Republic Of Poland Government Bond	4.000	10/25/2023	A-	Poland	PLN	1.19
Philippine Government International Bon	5.000	01/13/2037	BBB	Philippines	USD	1.12
Cnooc Finance 2012 Ltd	3.875	05/02/2022	A+	China	USD	1.08
Petroleos Mexicanos	5.500	01/21/2021	BBB	Mexico	USD	1.07
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
Malaysia Government Bond	3.892	03/15/2027	NR	Malaysia	MYR	1.02
Lebanon Government International Bond	8.250	04/12/2021	B-	Lebanon	USD	1.01
Mexican Bonos	10.000	12/05/2024	A-	Mexico	MXN	1.00
Republic Of South Africa Government Bon	8.750	02/28/2048	BBB-	South Africa	ZAR	0.98
Republic Of Poland Government Bond	5.750	04/25/2029	A-	Poland	PLN	0.98
Russian Foreign Bond - Eurobond	11.000	07/24/2018	BB+	Russian Federation	USD	0.98
Majapahit Holding Bv	7.750	01/20/2020	BB+	Indonesia	USD	0.97
Indonesia Treasury Bond	8.375	09/15/2026	NR	Indonesia	IDR	0.96
Thailand Government Bond	4.875	06/22/2029	BBB+	Thailand	THB	0.95
Indonesia Treasury Bond	11.000	11/15/2020	BB+	Indonesia	IDR	0.95
Indonesia Treasury Bond	10.500	08/15/2030	BBB-	Indonesia	IDR	0.94
Colombia Government International Bond	7.375	03/18/2019	BBB	Colombia	USD	0.94
Bank Of China Hong Kong Ltd	5.550	02/11/2020	A-	China	USD	0.92
Corp Nacional Del Cobre De Chile	7.500	01/15/2019	A	Chile	USD	0.88
Brazil Notas Do Tesouro Nacional Ser F	10.000	01/01/2023	BB	Brazil	BRL	0.85
America Movil Sab De Cv	4.125	10/25/2019	A-	Mexico	EUR	0.82
Petronas Capital Ltd	7.875	05/22/2022	A	Malaysia	USD	0.81
Israel Government Bond - Fixed	5.000	01/31/2020	NR	Israel	ILS	0.80
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	0.80
Banco De Credito Del Peru/Panama	5.375	09/16/2020	BB	Peru	USD	0.78
Turkey Government Bond	7.120	03/08/2023	BBB-	Turkey	TRY	0.78
Republic Of South Africa Government Bon	10.500	12/21/2026	BBB-	South Africa	ZAR	0.78
Petrobras Global Finance Bv	4.750	01/14/2025	BB-	Brazil	EUR	0.78
Teva Pharmaceutical Finance Netherlands	3.150	10/01/2026	BBB	Israel	USD	0.77
Romania Government Bond	5.900	07/26/2017	NR	Romania	RON	0.77
Ipic Gmtn Ltd	2.375	05/30/2018	AA	United Arab Emirates	EUR	0.77
Dubai Electricity & Water Authority	7.375	10/21/2020	NR	United Arab Emirates	USD	0.76
China Construction Bank Asia Corp Ltd	1.500	02/11/2020	NR	China	EUR	0.76
Citic Ltd	6.625	04/15/2021	A-	China	USD	0.75
Bbva Bancomer Sa/Texas	6.750	09/30/2022	BB+	Spain	USD	0.75
Hungary Government International Bond	6.375	03/29/2021	BBB-	Hungary	USD	0.75
Republic Of Poland Government Internati	6.375	07/15/2019	BBB+	Poland	USD	0.74
Lukoil International Finance Bv	7.250	11/05/2019	BB+	Russian Federation	USD	0.73
Reliance Holding Usa Inc	5.400	02/14/2022	BBB	India	USD	0.73
Hutchison Whampoa International 09 Ltd	7.625	04/09/2019	A-	China	USD	0.73
Kazmunaygas National Co Jsc	7.000	05/05/2020	BB+	Kazakhstan	USD	0.73
Brazil Letras Do Tesouro Nacional	0.000	07/01/2018	BB	Brazil	BRL	0.73
Abu Dhabi National Energy Co Pjsc	6.250	09/16/2019	A-	United Arab Emirates	USD	0.73
Qatar Government International Bond	5.250	01/20/2020	AA	Qatar	USD	0.72
Croatia Government International Bond	6.750	11/05/2019	BB	Croatia	USD	0.72
Itau Unibanco Holding Sa/Cayman Island	6.200	04/15/2020	BB-	Brazil	USD	0.72
Swire Pacific Mtn Financing Ltd	5.500	08/19/2019	A-	China	USD	0.71
Thailand Government Bond	3.250	06/16/2017	BBB+	Thailand	THB	0.71
Country Garden Holdings Co Ltd	7.500	01/10/2023	BB	China	USD	0.71
Vimpelcom Holdings Bv	5.950	02/13/2023	BB	Netherlands	USD	0.71
Gazprom Oao Via Gaz Capital Sa	8.625	04/28/2034	BB+	Russian Federation	USD	0.71
Israel Electric Corp Ltd	5.000	11/12/2024	BBB-	Israel	USD	0.71
Sinopec Group Overseas Development 2013	4.375	10/17/2023	A+	China	USD	0.71
Bancolombia Sa	5.125	09/11/2022	BB+	Colombia	USD	0.70
Bharti Airtel International Netherlands	5.125	03/11/2023	BBB-	India	USD	0.70
Turkey Government Bond	10.529	01/15/2020	BBB-	Turkey	TRY	0.70
Cemex Finance Llc	6.000	04/01/2024	BB-	Mexico	USD	0.70
Gerdau Trade Inc	5.750	01/30/2021	BB+	Brazil	USD	0.70
Cnpc General Capital Ltd	3.950	04/19/2022	A+	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
Eskom Holdings Soc Ltd	5.750	01/26/2021	BB	South Africa	USD	0.68
China Overseas Finance Cayman Vi Ltd	4.250	05/08/2019	BBB+	China	USD	0.68
Chile Government International Bond	3.125	03/27/2025	AA-	Chile	USD	0.68
Saudi Electricity Global Sukuk Co 2	3.473	04/08/2023	A	Saudi Arabia	USD	0.68
Turkey Government International Bond	6.875	03/17/2036	BB	Turkey	USD	0.67
Hungary Government Bond	7.500	11/12/2020	BB+	Hungary	HUF	0.67
Qnb Finance Ltd	2.750	10/31/2018	A+	Qatar	USD	0.67
Qtel International Finance Ltd	3.250	02/21/2023	A	Qatar	USD	0.67
Turkiye Vakiflar Bankasi Tao	6.000	11/01/2022	BB-	Turkey	USD	0.66
Ecopetrol Sa	5.875	09/18/2023	BBB-	Colombia	USD	0.65
Turkey Government Bond	10.600	02/11/2026	NR	Turkey	TRY	0.65
Grupo Televisa Sab	6.625	01/15/2040	BBB+	Mexico	USD	0.65
Brazilian Government International Bond	4.875	01/22/2021	BB	Brazil	USD	0.62
Hungary Government Bond	6.000	11/24/2023	BB+	Hungary	HUF	0.61
Colombian Tes	10.000	07/24/2024	BBB	Colombia	COP	0.60
Panama Government International Bond	7.125	01/29/2026	BBB	Panama	USD	0.59
Brazil Notas Do Tesouro Nacional Ser F	10.000	01/01/2025	BB	Brazil	BRL	0.59
Digicel Group Ltd	7.125	04/01/2022	CCC+	Bermuda	USD	0.58
Malaysia Government Bond	5.734	07/30/2019	A-	Malaysia	MYR	0.57
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
Peruvian Government International Bond	7.350	07/21/2025	BBB+	Peru	USD	0.54
Mexican Bonos	7.500	06/03/2027	A-	Mexico	MXN	0.54
Russian Federal Bond - Ofz	7.500	02/27/2019	BB+	Russian Federation	RUB	0.54
Mexico Government International Bond	4.000	10/02/2023	BBB+	Mexico	USD	0.53
Indonesia Treasury Bond	8.375	03/15/2024	BBB-	Indonesia	IDR	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
Bahrain Government International Bond	6.125	08/01/2023	BB	Bahrain	USD	0.46
Peru Government Bond	7.840	08/12/2020	BBB+	Peru	PEN	0.45
Petroleos Mexicanos	6.625	06/15/2038	BBB+	Mexico	USD	0.45
Czech Republic Government Bond	5.700	05/25/2024	A+	Czech Republic	CZK	0.44
Romanian Government International Bond	4.625	09/18/2020	BBB-	Romania	EUR	0.43
Cez As	4.500	06/29/2020	BBB+	Czech Republic	EUR	0.43
Mexican Bonos	6.500	06/10/2021	A-	Mexico	MXN	0.43
Pemex Project Funding Master Trust	5.500	02/24/2025	BBB+	Mexico	EUR	0.42
Russian Federal Bond - Ofz	7.500	03/15/2018	BB+	Russian Federation	RUB	0.42
Ukraine Government International Bond	7.750	09/01/2023	CCC	Ukraine	USD	0.40
Ypf Sa	8.750	04/04/2024	B-	Argentina	USD	0.38
Lithuania Government International Bond	7.375	02/11/2020	A-	Lithuania	USD	0.38
Vnesheconombank Via Veb Finance Plc	3.035	02/21/2018	BB+	Russian Federation	EUR	0.38
Esal Gmbh	6.250	02/05/2023	BB	Brazil	USD	0.37
Kazakhstan Government International Bon	5.125	07/21/2025	BBB-	Kazakhstan	USD	0.36
Israel Government International Bond	4.000	06/30/2022	A	Israel	USD	0.36
Chile Government International Bond	3.875	08/05/2020	AA-	Chile	USD	0.35
Republic Of South Africa Government Bon	8.250	09/15/2017	BBB-	South Africa	ZAR	0.35
Provincia De Buenos Aires/Argentina	4.000	05/15/2035	B-	Argentina	EUR	0.35
Serbia International Bond	4.875	02/25/2020	BB-	Serbia	USD	0.35
Republic Of Poland Government Bond	1.500	04/25/2020	A-	Poland	PLN	0.34
Petroleos De Venezuela Sa	5.375	04/12/2027	CCC-	Venezuela	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	0.33
Venezuela Government International Bond	9.250	05/07/2028	CCC-	Venezuela	USD	0.32
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
Republic Of Poland Government Bond	3.250	07/25/2025	A-	Poland	PLN	0.27
Teva Pharmaceutical Finance Co Bv	2.950	12/18/2022	BBB	Israel	USD	0.27
Empresas Publicas De Medellin Esp	8.375	02/01/2021	BBB	Colombia	COP	0.26
Turkey Government Bond	10.700	02/17/2021	NR	Turkey	TRY	0.24
Russian Federal Bond - Ofz	7.000	08/16/2023	BB+	Russian Federation	RUB	0.22
Pan American Energy Llc/Argentine Branc	7.875	05/07/2021	B+	Argentina	USD	0.22
Brazil Notas Do Tesouro Nacional Ser F	10.000	01/01/2019	BB	Brazil	BRL	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	BBB+	Peru	PEN	0.19
America Movil Sab De Cv	5.000	03/30/2020	A-	Mexico	USD	0.18
Petroleos De Venezuela Sa	9.750	05/17/2035	CCC-	Venezuela	USD	0.16
Dominican Republic International Bond	7.500	05/06/2021	BB-	Dominican Republic	USD	0.15
Thailand Government Bond	3.650	12/17/2021	BBB+	Thailand	THB	0.12
Petroleos De Venezuela Sa	9.000	11/17/2021	CCC-	Venezuela	USD	0.10
Chile Government International Bond	5.500	08/05/2020	AA-	Chile	CLP	0.09
Ukraine Government International Bond	0.000	05/31/2040	NR	Ukraine	USD	0.05
Other/Cash	--	--	--	--	USD	1.29

†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 primarily among bond 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. 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 3.05% on 05/23/2017.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.

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EMAG VanEck Vectors Emerging Markets Aggregate Bond ETF

Fund Description

as of 05/23/17

Portfolio Composition (%)as of 05/23/17

Download All Fund Holdings »All Holdings (%) as of 05/23/17

Important Disclosure

EMAG
VanEck Vectors Emerging Markets Aggregate Bond ETF

Portfolio Composition (%)
as of 05/23/17