Share on Facebook Facebook | Share on StumbleUpon StumbleUpon |
Share on LinkedIn LinkedIn | Submit on Reddit reddit |
Tweet Twitter | Pin it Pinterest |
Share on Google+ Google+ | Share on Digg Digg |
Post to Tumblr Tumblr | Share on Delicious Delicious |
EMAGVanEck 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 -
ETF Structure
Physical -
Administrator
Van Eck Associates -
Custodian
State Street Bank and Trust Company -
Index Ticker
MVEMAG
†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 01/14/21
-
30-Day SEC Yield1
2.81% -
Total Net Assets
$16.2M -
Number of Holdings
310 -
Options
Expected -
Gross Expense Ratio2
1.49% -
Net Expense Ratio/TER2
0.35% -
Distribution Frequency
Monthly
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
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
09/19/2013 -
Rebalance Frequency
Monthly
Index Fundamentals3
as of 01/14/21
-
Yield to Worst
3.42% -
Yield to Maturity
3.52% -
Effective Duration (yrs)
5.24 -
Years to Maturity
8.13 -
Modified Duration (yrs)
5.57 -
Coupon
4.99%
Top 10 Constituents (%) as of 12/31/20
to view
full data
Constituent Name |
Coupon
|
Maturity | Weighting (%) | |
---|---|---|---|---|
Nota Do Tesouro Nacional |
10.000
|
01/01/2023
|
0.67 | |
Letra Tesouro Nacional |
0.000
|
01/01/2024
|
0.64 | |
Republic Of South Africa |
10.500
|
12/21/2026
|
0.58 | |
Nota Do Tesouro Nacional |
10.000
|
01/01/2025
|
0.58 | |
Nota Do Tesouro Nacional |
10.000
|
01/01/2027
|
0.49 | |
Letra Tesouro Nacional |
0.000
|
07/01/2023
|
0.43 | |
Republic Of South Africa |
8.000
|
01/31/2030
|
0.39 | |
Republic Of South Africa |
8.750
|
02/28/2048
|
0.37 | |
Mex Bonos Desarr Fix Rt |
8.500
|
05/31/2029
|
0.36 | |
Mex Bonos Desarr Fix Rt |
7.500
|
06/03/2027
|
0.34 | |
Top 10 Total (%) | 4.85 |
Index Country Weightings (%) as of 12/31/20
-
Country
% of Net Assets -
■
Mexico
9.37 -
■
Brazil
8.48 -
■
Indonesia
6.90 -
■
Russia
5.80 -
■
Malaysia
4.77 -
■
Thailand
4.42 -
■
South Africa
4.35 -
■
China
4.24 -
■
Uae
3.93 -
■
Israel
3.54 -
■
Colombia
3.30 -
■
Turkey
3.14 -
■
Saudi Arabia
3.06 -
■
Hong Kong
3.03 -
■
Poland
2.94 -
■
Chile
2.79 -
■
Peru
2.60 -
■
India
2.16 -
■
Romania
2.12 -
■
Qatar
1.84 -
■
OTHERS
17.20
Index Sector Weightings (%) as of 12/31/20
-
Sector
% of Net Assets -
■
Government
62.1 -
■
Financial
12.2 -
■
Energy
8.4 -
■
Basic Materials
4.5 -
■
Utilities
3.9 -
■
Consumer, Non-cyclical
2.6 -
■
Communications
2.3 -
■
Industrial
1.9 -
■
Consumer, Cyclical
0.9 -
■
Diversified
0.6 -
■
OTHERS
0.7
Index Credit Quality (%) as of 12/31/20
Composite | % of Net Assets | |
---|---|---|
Investment Grade | AA | 3.92 |
A | 14.64 | |
BBB | 32.85 | |
Non-Investment Grade | BB | 19.00 |
B | 8.17 | |
CCC | 1.42 | |
CC | 0.08 | |
DDD | 0.01 | |
Total Investment Grade | -- | 51.41 |
Total Non-Investment Grade | -- | 28.68 |
Not Rated | -- | 19.91 |
Maturity (%) as of 12/31/20
Average Maturity: 8.06 Years