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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 12/08/16

    • 30-Day SEC Yield1

      4.40%
    • Total Net Assets

      $14.6M
    • Number of Holdings

      143
    • Options

      Expected
    • Gross Expense Ratio2

      1.21%
    • Net Expense Ratio/TER2

      0.49%
    • Distribution Frequency

      Monthly
    • Next Distribution Date

      12/16/2016
  • Index Key Points

    MVIS EM Aggregate Bond Index (MVEMAG) is comprised of:

    Sovereign and corporate bonds denominated in U.S. dollars, Euros, and local emerging markets currencies.

    Index Weighting:
    Index constituents are capitalization-weighted, based on their current amount outstanding.

    Index Provider: MV Index Solutions

    Inception Date: 09/19/2013§   


    §Effective December 10, 2013, Market Vectors® LatAm Aggregate Bond ETF (BONO) changed its underlying index and changed its name to VanEck Vectors Emerging Markets Aggregate Bond ETF (EMAG). Index data prior to December 9, 2013 reflects that of the BofA Merrill Lynch Broad Latin America Bond Index (LATS). From December 10, 2013, forward, the index data reflects that of the MVIS EM Aggregate Bond Index (MVEMAG). All Index history reflects a blend of the performance of the aforementioned Indexes AND IS NOT INTENDED FOR ANY THIRD PARTY USE. LATS is a trademark of Merrill Lynch, Pierce, Fenner & Smith Incorporation neither sponsors nor endorses EMAG and makes no warranty or representation as to the accuracy and/or completeness of this Index.

  • Index Profile

    • Ticker

      MVEMAG
    • Inception Date

      04/20/2011
    • Rebalance Frequency

      Monthly
  • Index Fundamentals3
    as of 12/08/16

    • Yield to Worst

      5.47%
    • Yield to Maturity

      5.51%
    • Effective Duration (yrs)

      5.36
    • Years to Maturity

      8.64
    • Modified Duration (yrs)

      5.58
    • Coupon

      5.70%
     3 See Important Disclosure for definitions.
  • Top 10 Constituents (%)as of 11/30/16

    Total Constituents: 2396
    Constituent Name
    Coupon
    MaturityWeighting (%)
    Republic Of South Africa
    10.500
    12/21/2026
    0.57
    Nota Do Tesouro Nacional
    10.000
    01/01/2021
    0.53
    Nota Do Tesouro Nacional
    10.000
    01/01/2023
    0.48
    Titulos De Tesoreria B
    10.000
    07/24/2024
    0.40
    Mex Bonos Desarr Fix Rt
    10.000
    12/05/2024
    0.40
    Indonesia Government
    8.375
    03/15/2024
    0.37
    Letra Tesouro Nacional
    0.000
    01/01/2019
    0.37
    Thailand Government Bond
    3.650
    12/17/2021
    0.36
    Thailand Government Bond
    3.875
    06/13/2019
    0.35
    Indonesia Government
    8.375
    09/15/2026
    0.34
    Top 10 Total (%)4.17
    These are not recommendations to buy or to sell any security. Securities and holdings may vary.
  • Index Country Weightings (%) as of 11/30/16

    • Country

      % of Net Assets
    • MEXICO

      9.25
    • BRAZIL

      8.86
    • RUSSIA

      7.43
    • INDONESIA

      5.98
    • TURKEY

      5.65
    • CHINA

      4.51
    • THAILAND

      4.38
    • SOUTH AFRICA

      4.38
    • POLAND

      3.99
    • MALAYSIA

      3.98
    • ISRAEL

      3.81
    • COLOMBIA

      3.67
    • HONG KONG

      3.44
    • UAE

      3.39
    • INDIA

      2.40
    • CHILE

      2.36
    • HUNGARY

      1.97
    • PERU

      1.81
    • QATAR

      1.79
    • ROMANIA

      1.55
    • OTHERS

      15.39
  • Sector Weightings (%) as of 11/30/16

    • Sector

      % of Net Assets
    • Government

      57.2
    • Financial

      14.7
    • Energy

      9.1
    • Utilities

      3.7
    • Communications

      3.3
    • Basic Materials

      3.3
    • Consumer, Non-cyclical

      2.6
    • Financial

      2.1
    • Industrial

      1.8
    • Diversified

      1.1
    • OTHERS

      1.1
  • Index Credit Quality (%) as of 11/30/16

    Composite % of Net Assets
    Investment Grade AA 2.18
    A 15.90
    BBB 34.07
    Non-Investment Grade BB 22.14
    B 7.20
    CCC 1.96
    CC 0.03
    C 0.03
    DDD+ 0.01
    DD+ 0.01
    Total Investment Grade -- 52.15
    Total Non-Investment Grade -- 31.38
    Not Rated -- 16.47
    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.
  • Maturity (%) as of 11/30/16

    Average Maturity: 8.64 Years