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EMBX VanEck Emerging Markets Bond ETF Please read important disclosure Close important disclosure false

Notice

As of October 6th, 2025, the Fund was converted from a mutual fund into an exchange-traded fund (ETF) through the reorganization of the VanEck Emerging Markets Bond Fund into the VanEck Emerging Markets Bond ETF. Please refer to the press release and FAQ for more information. Please see below for details regarding the performance history of mutual fund as it relates to the ETF conversion.

EMBX
VanEck Emerging Markets Bond ETF

EMBX
VanEck Emerging Markets Bond ETF

  • NAV
    $50.66

    as of December 18, 2025
  • YTD RETURNS
    18.36%

    as of December 18, 2025
  • Total Net Assets
    $93.37M

    as of December 18, 2025
  • Total Expense Ratio
    0.76%
  • Inception Date
    07/09/2012
  • 30-Day SEC Yield
    5.63%

About EMBX

The VanEck Emerging Markets Bond ETF seeks total return, consisting of income and capital appreciation. The ETF is actively managed and can invest in debt securities that are issued by governments, quasi-government entities or corporations in emerging market countries.

Overview

Why EMBX

  • Broad Opportunity Set: Flexibility to invest across sovereigns, corporates, and both hard- and local-currency EM debt
  • Disciplined Process: Applied consistently across all countries, with a robust risk management overlay
  • Experienced & Active: Navigating market and policy shifts requires a high active share approach and established team

Yields  as of  12/18/2025


Distribution Frequency

Monthly


30-Day SEC Yield

5.63%


Distribution Yield

6.05%


12 Month Yield

7.00%

Yield information reflects temporary waivers of expenses and/or fees. Yields would have been reduced had these fees/expenses been included. In the absence of temporary expense waivers or reimbursements, the 30-Day SEC Yield for VanEck Emerging Markets Bond ETF would have been 5.63% on 12/18/25. Distributions may vary from time to time.

Performance

Prices as of 12/18/2025

NAV/
Market
Price
Volume
30-Day Avg./
Last Trading Day
Daily Change
NAV/
Last Price
YTD Change NAV/
Last Price
Premium/
Discount
30-Day
Median
Bid Ask
Spread
NAV
Chart
EMBX $50.66
$50.68
19,829
4,427
$0.07 / +0.14%
$0.12 / +0.23%
+18.36%
+18.41%
$0.02
0.04%
0.04%

Fees

Holdings

Daily Holdings (%) as of 12/18/2025

Download XLS Get holdings
Total Holdings: 118
Holding Name % of Net
Assets
Maturity
Identifier (FIGI)
Coupon Asset Class Market Value
Par Value/ Contracts
Country Currency Notional Value
Mexican Bonos 3.45
11/07/2047
BBG00G530SR1
8.000 Bond 3217320.48
66,130,000
Mexico MXN --
Bonos De La Tesoreria De La Republica E 3.13
04/01/2033
BBG01G6YHY27
6.000 Bond 2923997.31
2,525,000,000
Chile CLP --
Uae International Government Bond 3.12
10/19/2041
BBG012V391H3
2.875 Bond 2913090.15
3,788,000
United Arab Emirates USD --
Mexican Bonos 3.09
11/13/2042
BBG002W625T1
7.750 Bond 2889287.99
59,980,000
Mexico MXN --
Brazil Notas Do Tesouro Nacional Serie 2.87
01/01/2033
BBG014BF94J6
10.000 Bond 2682375.53
16,702,000
Brazil BRL --
Malaysia Government Bond 2.80
04/18/2039
BBG01MDKQFL6
4.054 Bond 2618810.56
10,324,000
Malaysia MYR --
Republic Of Poland Government Bond 2.53
10/25/2035
BBG01VGZRHS8
5.000 Bond 2359008.03
8,523,000
Poland PLN --
Export-Import Bank Of India 2.07
01/13/2035
BBG01RMFVLD6
5.500 Bond 1929990.84
1,801,000
India USD --
Brazilian Government International Bond 2.02
03/15/2035
BBG01SCFTQR2
6.625 Bond 1882176.82
1,796,000
Brazil USD --
Congolese International Bond 2.02
06/30/2029
BBG0000LKPD0
3.000 Bond 1881924.08
1,953,808
Congo USD --
Peru Government Bond 1.98
08/12/2039
BBG01NCLK700
7.600 Bond 1847263.18
5,484,000
Peru PEN --
Bolivian Government International Bond 1.97
03/20/2028
BBG00G6RWJG4
4.500 Bond 1841081.25
1,977,000
Bolivia USD --
Brazil Notas Do Tesouro Nacional Serie 1.96
01/01/2027
BBG00BTJ9QT4
9.762 Bond 1826453.68
9,934,000
Brazil BRL --
Colombian Tes 1.89
11/28/2040
BBG01TD34900
12.750 Bond 1766253.62
6,748,000,000
Colombia COP --
Indonesia Treasury Bond 1.74
07/15/2030
BBG01PB9SND6
6.500 Bond 1625816.61
25,505,000,000
Indonesia IDR --
Republic Of Poland Government Internati 1.71
02/12/2035
BBG01S51CWY8
5.375 Bond 1592087.68
1,502,000
Poland USD --
Romanian Government International Bond 1.66
05/16/2036
BBG01VZVDK95
6.625 Bond 1545896.40
1,446,000
Romania USD --
Turkiye Government International Bond 1.63
05/11/2047
BBG00GNB5YK2
5.750 Bond 1524678.54
1,837,000
Turkey USD --
Philippine Government International Bon 1.62
01/14/2036
BBG001CYXLM2
6.250 Bond 1516814.81
86,789,000
Philippines PHP --
Republic Of South Africa Government Int 1.62
12/11/2055
BBG01YX0XNZ2
7.250 Bond 1513737.97
1,531,000
South Africa USD --
Malaysia Government Bond 1.60
07/05/2034
BBG00PMFY7N8
3.828 Bond 1494996.64
5,897,000
Malaysia MYR --
Malaysia Government Bond 1.45
05/15/2030
BBG01TXFX7R4
3.336 Bond 1355855.19
5,510,000
Malaysia MYR --
Czech Republic Government Bond 1.40
09/30/2030
BBG0193X6KV8
5.000 Bond 1309635.17
25,920,000
Czech Republic CZK --
Ksa Sukuk Ltd 1.37
05/22/2033
BBG01GN5XJM4
4.511 Bond 1283159.30
1,286,000
Cayman Islands USD --
Thailand Government Bond 1.30
04/17/2028
BBG01RQ25NB8
2.050 Bond 1215333.38
37,376,000
Thailand THB --
Republic Of South Africa Government Int 1.22
11/19/2036
BBG01QRX1SK4
7.100 Bond 1136708.81
1,053,000
South Africa USD --
Kuwait International Government Bond 1.20
10/09/2035
BBG01XMH3R10
4.652 Bond 1123981.29
1,115,000
Kuwait USD --
Export-Import Bank Of India 1.18
02/01/2028
BBG00JRZLFZ6
3.875 Bond 1103731.83
1,094,000
India USD --
Romanian Government International Bond 1.09
01/17/2053
BBG01C81NF84
7.625 Bond 1018840.57
898,000
Romania USD --
Siam Commercial Bank Pcl/Cayman Islands 1.09
02/11/2029
BBG00N6SYSV8
4.400 Bond 1016157.11
998,000
Thailand USD --
Gabon Government International Bond 1.07
02/18/2029
BBG01S7LWC56
9.500 Bond 998779.31
1,106,000
Gabon USD --
Oman Government International Bond 1.06
01/25/2031
BBG00YWSKW23
6.250 Bond 986375.29
899,000
Oman USD --
Colombian Tes 1.05
08/22/2029
BBG01TD35K22
11.000 Bond 982475.16
3,860,000,000
Colombia COP --
Egypt Government International Bond 1.04
05/29/2050
BBG00V0WG1Q2
8.875 Bond 971919.93
955,000
Egypt USD --
Nigeria Government International Bond 1.03
09/28/2051
BBG012NJ2VQ8
8.250 Bond 958682.60
964,000
Nigeria USD --
Zambia Government International Bond 1.00
06/30/2033
BBG01N7SRZS2
5.750 Bond 937786.75
928,370
Zambia USD --
Mexican Bonos 1.00
07/31/2053
BBG018KMB098
8.000 Bond 937122.54
19,000,000
Mexico MXN --
Turkiye Government International Bond 0.99
11/04/2036
BBG01Y5NTKB0
6.800 Bond 927652.12
909,000
Turkey USD --
Republic Of Poland Government Bond 0.98
10/25/2034
BBG01MBNVK35
5.000 Bond 918792.55
3,296,000
Poland PLN --
Hungary Government Bond 0.98
10/21/2026
BBG01C96YTS8
9.500 Bond 917776.37
291,170,000
Hungary HUF --
Thailand Government Bond 0.97
06/17/2045
BBG01Q5PPZF9
2.980 Bond 902412.65
25,571,000
Thailand THB --
Uae International Government Bond 0.95
10/19/2031
BBG012V39192
2.000 Bond 888821.53
981,000
United Arab Emirates USD --
Bonos De La Tesoreria De La Republica E 0.93
09/01/2030
BBG00L9H72P7
4.700 Bond 865680.37
790,000,000
Chile CLP --
Ecuador Government International Bond 0.90
07/31/2030
BBG00X0384N8
-- Bond 840968.00
992,000
Ecuador USD --
Geopark Ltd 0.87
01/31/2030
BBG01S198G93
8.750 Bond 807635.46
841,000
Colombia USD --
State Of Israel 0.86
01/15/2030
BBG00RB6TG16
2.500 Bond 805579.03
857,000
Israel USD --
Czech Republic Government Bond 0.84
04/14/2034
BBG01G6GHZV1
4.900 Bond 788817.85
15,490,000
Czech Republic CZK --
Korea Treasury Bond 0.75
06/10/2035
BBG01TPY51D1
2.625 Bond 701595.74
1,101,100,000
South Korea KRW --
Ghana Government International Bond 0.74
01/03/2030
BBG01Q54VRK1
-- Bond 693328.20
783,104
Ghana USD --
Korea Treasury Bond 0.74
03/10/2030
BBG01RYVP087
2.625 Bond 690129.64
1,036,900,000
South Korea KRW --
Ciudad Autonoma De Buenos Aires/Governm 0.72
11/26/2033
BBG01YLSXZ69
7.800 Bond 669954.25
665,000
Argentina USD --
Morocco Government International Bond 0.69
12/15/2050
BBG00YG9BTQ4
4.000 Bond 647032.08
884,000
Morocco USD --
Thailand Government Bond 0.69
12/17/2035
BBG00WHL3BX0
1.585 Bond 641874.47
20,352,000
Thailand THB --
Tunisian Republic 0.67
08/09/2027
BBG00004MR33
3.280 Bond 625988.45
100,000,000
Tunisia JPY --
Gran Tierra Energy Inc 0.66
10/15/2029
BBG01JN970L1
9.500 Bond 616012.81
871,000
Colombia USD --
Guatemala Government Bond 0.65
08/15/2036
BBG01VYGKV51
6.250 Bond 602397.45
560,000
Guatemala USD --
Gabon Government International Bond 0.64
11/24/2031
BBG013KR7K26
7.000 Bond 599663.78
775,000
Gabon USD --
Aes Panama Generation Holdings Srl 0.60
05/31/2030
BBG00WLL1YC0
4.375 Bond 563043.99
593,712
Panama USD --
Argentine Republic Government Internati 0.59
07/09/2041
BBG00X362WX1
0.125 Bond 554309.16
780,000
Argentina USD --
Venezuela Government International Bond 0.59
09/15/2027
BBG00004SPH6
9.250 Bond 551907.50
1,718,000
Venezuela USD --
Zorlu Enerji Elektrik Uretim As 0.57
04/23/2030
BBG01QB1G2Z6
11.000 Bond 533513.38
607,000
Turkey USD --
Thailand Government Bond 0.57
06/17/2034
BBG01KSDNFR7
2.800 Bond 529561.27
15,279,000
Thailand THB --
Medco Maple Tree Pte Ltd 0.54
04/27/2029
BBG01JS8QFV3
8.960 Bond 507832.01
480,000
Singapore USD --
Korea Treasury Bond 0.53
12/10/2033
BBG01JGVNR60
4.125 Bond 498871.16
700,000,000
South Korea KRW --
Sri Lanka Government International Bond 0.53
06/15/2035
BBG01R8V04H5
3.600 Bond 496206.69
648,000
Sri Lanka USD --
Hungary Government Bond 0.50
10/24/2035
BBG01J5QZX03
7.000 Bond 470039.29
152,000,000
Hungary HUF --
Star Energy Geothermal Wayang Windu Ltd 0.48
04/24/2033
BBG00KN7FXH7
6.750 Bond 448359.28
430,950
Indonesia USD --
Jamaica Government International Bond 0.48
07/28/2045
BBG009PK2F11
7.875 Bond 447702.28
361,000
Jamaica USD --
Ecuador Government International Bond 0.48
07/31/2030
BBG00X035NZ6
6.000 Bond 445555.48
444,000
Ecuador USD --
Costa Rica Government International Bon 0.47
02/19/2031
BBG00QTYVWB9
6.125 Bond 441503.08
410,000
Costa Rica USD --
Hungary Government Bond 0.47
08/21/2030
BBG00N9YKBS8
3.000 Bond 437775.84
165,000,000
Hungary HUF --
3r Lux Sarl 0.46
02/05/2031
BBG01L81WN41
9.750 Bond 425159.44
399,000
Luxembourg USD --
Province Of Santa Fe 0.45
12/11/2034
BBG01YX2KJP2
8.100 Bond 421376.70
428,000
Argentina USD --
Uruguay Government International Bond 0.45
03/15/2028
BBG00HNL7ZC2
8.500 Bond 421363.56
15,895,000
Uruguay UYU --
Laos Government International Bond 0.43
11/12/2030
BBG01YBF4WB1
11.250 Bond 400968.75
390,000
Laos USD --
Egypt Government International Bond 0.42
05/29/2050
BBG00V0WG1K8
8.875 Bond 388859.02
383,000
Egypt USD --
Uruguay Government International Bond 0.41
07/20/2033
BBG01HDK71Q4
9.750 Bond 381844.80
12,920,000
Uruguay UYU --
Bolivian Government International Bond 0.38
03/02/2030
BBG015LH8Q91
7.500 Bond 357210.00
378,000
Bolivia USD --
El Salvador Government International Bo 0.38
04/17/2030
BBG01MDDJ4H0
9.250 Bond 351370.12
318,000
El Salvador USD --
Malaysia Government Bond 0.37
04/15/2031
BBG00XTSXGM8
2.632 Bond 346891.10
1,460,000
Malaysia MYR --
Jordan Government International Bond 0.34
11/12/2032
BBG01YBFYDD8
5.750 Bond 319203.30
322,000
Jordan USD --
Bonos De La Tesoreria De La Republica E 0.34
10/01/2028
BBG011N36X32
5.000 Bond 318496.84
285,000,000
Chile CLP --
Singapore Government Bond 0.33
03/01/2035
BBG01SJ84022
2.750 Bond 312083.29
382,000
Singapore SGD --
Dominican Republic International Bond 0.33
06/01/2036
BBG01NJ1B9X7
6.600 Bond 306496.17
290,000
Dominican Republic USD --
Trinidad & Tobago Government Internatio 0.32
01/14/2031
BBG01J97CMF4
5.950 Bond 301164.40
287,000
Trinidad And Tobago USD --
Sri Lanka Government International Bond 0.32
06/15/2035
BBG01R9LB6K5
3.600 Bond 299738.71
391,431
Sri Lanka USD --
Angolan Government International Bond 0.30
05/09/2028
BBG00KRBWZC5
8.250 Bond 275884.11
275,000
Angola USD --
Irsa Inversiones Y Representaciones Sa 0.27
03/31/2035
BBG01T2HPB49
8.000 Bond 252319.44
250,000
Argentina USD --
China Government International Bond 0.27
11/13/2030
BBG01YBDGNG8
3.750 Bond 251416.69
247,000
China USD --
Dominican Republic International Bond 0.25
10/28/2035
BBG01Y38YYG4
5.875 Bond 230482.03
228,000
Dominican Republic USD --
Hungary Government Bond 0.24
06/22/2034
BBG00YTQC093
2.250 Bond 227345.97
103,000,000
Hungary HUF --
Uruguay Government International Bond 0.22
10/29/2035
BBG01Y38YSF8
8.000 Bond 208965.44
7,880,000
Uruguay UYU --
Gabon Government International Bond 0.22
02/06/2031
BBG00RLS58F6
6.625 Bond 207088.96
258,000
Gabon USD --
Singapore Government Bond 0.20
09/01/2033
BBG0055DSXZ3
3.375 Bond 183208.32
216,000
Singapore SGD --
Republic Of Uzbekistan International Bo 0.19
10/19/2031
BBG011RJC449
3.900 Bond 175689.08
189,000
Uzbekistan USD --
Secure International Finance Co Inc 0.17
06/03/2029
BBG01N3BY7M3
10.000 Bond 162149.50
160,588
Guyana USD --
Transportadora De Gas Del Sur Sa 0.16
11/20/2035
BBG01YJK50M9
7.750 Bond 152221.67
152,000
Argentina USD --
Republic Of Kenya Government Internatio 0.16
10/09/2038
BBG01XQ37C98
8.800 Bond 144813.82
142,000
Kenya USD --
Honduras Government International Bond 0.15
11/27/2034
BBG01QZDFQM6
8.625 Bond 143235.73
127,000
Honduras USD --
Asian Infrastructure Investment Bank/Th 0.15
01/27/2027
BBG014MCHXB6
4.250 Bond 140481.90
8,000,000
China PHP --
Barbados Government International Bond 0.15
06/26/2035
BBG01VR0KP57
8.000 Bond 136552.08
125,000
Barbados USD --
Nwd Finance Bvi Ltd 0.14
12/16/2072
BBG0180FM8C2
6.150 Bond 133934.34
249,000
China USD --
Bahamas Government International Bond 0.14
06/24/2036
BBG01VL7G4T4
8.250 Bond 131194.68
115,000
Bahamas USD --
Nigeria Government International Bond 0.14
01/13/2036
BBG01YCDD8B8
8.631 Bond 129722.08
120,000
Nigeria USD --
Hta Group Ltd/Mauritius 0.12
06/04/2029
BBG01MZK6858
7.500 Bond 107888.83
104,000
United Kingdom USD --
Bahamas Government International Bond 0.11
05/15/2033
BBG00007Z503
6.625 Bond 100470.42
103,000
Bahamas USD --
Thailand Government Bond 0.10
06/17/2037
BBG019LRZYH5
3.390 Bond 89546.00
2,410,000
Thailand THB --
Digicel International Finance Ltd / Dif 0.09
08/01/2032
BBG01W9T70R8
8.625 Bond 81303.33
76,000
Bermuda USD --
Czech Republic Government Bond 0.09
02/26/2026
BBG016DP5JS8
6.000 Bond 81044.66
1,600,000
Czech Republic CZK --
Gabon Government International Bond 0.09
11/24/2031
BBG013KR7GR8
7.000 Bond 79697.86
103,000
Gabon USD --
Benin Government International Bond 0.04
02/13/2038
BBG01L9XMN96
7.960 Bond 41417.76
39,000
Benin USD --
Secure International Finance Co Inc 0.04
06/03/2029
BBG01N3BXZV2
10.000 Bond 40745.25
40,353
Guyana USD --
El Salvador Government International Bo 0.03
04/17/2030
BBG01MDGM755
0.250 Bond 28679.06
927,000
El Salvador USD --
Corp Geo Sab De Cv 0.00
06/30/2099
BBG000089JP3
9.250 Bond 558.60
380,000
Mexico USD --
1.46
--
--
-- Cash Bal 1366665.10
1,366,665
United States USD --
0.03
--
--
-- Cash Bal 25400.82
799,237
Thailand THB --
0.01
--
--
-- Cash Bal 11647.43
209,502
Mexico MXN --
0.00
--
--
-- Cash Bal 201.29
172
Europe EUR --
Other/Cash -0.15
--
--
-- Cash -136113.32
0
-- USD --
← Scroll for more information →
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.

Portfolio

Credit Quality (%) as of 11/30/2025

Composite % of Net Assets
Investment Grade AAA 0.69
AA 8.67
A 15.36
BBB 27.01
Non-Investment Grade BB 20.85
B 10.26
CCC 9.01
CC 0.82
C 0.55
Total Investment Grade -- 51.72
Total Non-Investment Grade -- 41.49
Not Rated -- 4.09
If more than one rating is available for an underlying security, the lower of the two ratings is used. If a bond issued by a national government, national government agency or supranational issuer is not rated, the issuer’s credit rating will be used. If two issuer ratings are available, the lower of the two is used. If only one rating is available in all scenarios, we will use the rating provided. If no rating is available, the security will be not rated. Not rated securities do not necessarily indicate lower credit quality. Ratings and portfolio credit quality may change over time.

Top 20 Country Weightings (%) as at 11/30/2025

  • Country

    % of Net Assets
  • Malaysia

    6.24
  • Brazil

    5.71
  • South Africa

    5.47
  • Thailand

    4.65
  • Chile

    4.09
  • Mexico

    3.84
  • United Arab Emirates

    3.74
  • India

    3.26
  • Colombia

    3.19
  • Peru

    3.19
  • Turkey

    3.19
  • Indonesia

    3.18
  • Romania

    2.73
  • Poland

    2.71
  • Philippines

    2.61
  • Bolivia

    2.36
  • Czech Republic

    2.33
  • Hungary

    2.20
  • South Korea

    2.07
  • Gabon

    1.99
  • Other/Cash

    31.23

Maturity (%) as at 11/30/2025

  • Years

    Maturity (%)
  • < 1

    1.10
  • 1 - 3

    9.00
  • 3 - 5

    19.00
  • 5 - 7

    6.50
  • 7 - 10

    23.60
  • 10 - 15

    11.70
  • 15 - 20

    7.80
  • 20 - 30

    15.40
  • 30 +

    3.30

Distributions

Distribution History

Anticipated Frequency: Monthly Dividend Income & Annual Capital Gains
Ex-date Record
Date
Payable date Dividend
Income
Short-Term
Capital Gains
Long-Term
Capital Gains
Return of
Capital
Total
Distributions
11/28/2025 11/28/2025 12/03/2025 $ 0.2554 -- -- -- $ 0.26

On October 6, 2025, the VanEck Emerging Markets Bond Fund converted to the VanEck Emerging Markets Bond ETF. Distributions prior to that date reflect the institutional share class ("Class I") of the VanEck Emerging Markets Bond Fund. Please click here for more information.

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.

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