- » Home
- » VanEck Funds
- » VIP Insurance Funds
- » Van Eck Global
- » VanEck VIP Emerging Markets Bond Fund
The VanEck VIP Emerging Markets Bond Fund can invest in debt securities that are issued by governments, quasi-government entities or corporations in emerging markets countries. These securities may be denominated in any currency, including those of emerging markets. By investing in emerging markets debt securities, the Fund offers exposure to emerging markets fundamentals, generally characterized by lower debts and deficits, higher growth rates and independent central banks. Lead Portfolio Manager, Eric Fine, has over 25 years of experience in emerging markets.
Fund Details
|
05/31/2025
|
|||
| Net Assets | $18.2M | ||
| Turnover Rate (2024) | 226.9 | Number of Issues | 101 |
Fund Summary
|
The Fund seeks high total return — income plus capital appreciation — by investing globally, primarily in a variety of debt securities. The Fund's benchmark is 50% J.P Morgan Emerging Markets Bond Index (EMBI) Global Diversified and 50% J.P. Morgan Government Bond Index-Emerging Markets (GBI-EM) Global Diversified. |
Gross Currency Exposure (%)
|
05/31/2025
|
|
| U.S. Dollar | 27.4 |
| Malaysian Ringgit | 6.6 |
| Euro | 5.8 |
| Thailand Baht | 5.3 |
| South African Rand | 5.0 |
| Polish Zloty | 4.6 |
| Chinese Renminbi | 4.3 |
| Brazilian Real | 4.2 |
| Indonesian Rupiah | 3.8 |
| Czech Koruna | 3.1 |
| Mexican Peso | 3.0 |
| Turkish Lira | 2.7 |
| Hungarian Forint | 2.5 |
| Philippines Peso | 2.4 |
| Zambian Kwacha | 2.3 |
| South Korean Won | 2.1 |
| Ugandan Shilling | 1.7 |
| Chilean Peso | 1.6 |
| Uruguay Peso | 1.3 |
| Singapore Dollar | 0.8 |
| Paraguay Guarani | 0.4 |
| Kazakhstan Tenge | 0.4 |
Top Countries (%)
|
05/31/2025
|
|
| Malaysia | 6.6 |
| Thailand | 6.0 |
| Brazil | 5.6 |
| China | 5.2 |
| South Africa | 5.0 |
| Poland | 4.6 |
| Indonesia | 4.4 |
| Czech Republic | 3.1 |
| Mexico | 3.0 |
| Colombia | 2.9 |
| Other | 45.0 |
| Cash | 8.6 |
Credit Quality Breakdown (%)
|
05/31/2025
|
|
| AAA | 0.0 |
| AA | 6.7 |
| A | 7.0 |
| BBB | 14.0 |
| BB | 14.4 |
| B | 10.9 |
| CCC | 4.3 |
| CC | 3.6 |
| C | 0.0 |
| NR | 30.4 |
| Other | -0.0 |
| Cash | 8.6 |
All Holdings (%)
|
05/31/2025
|
These are not recommendations to buy or sell any security. Sectors and holdings may vary.
Fund Statistics
|
05/31/2025
|
|
| Effective Duration (Years) | 4.96 |
| Average Years to Maturity | 7.66 |
Portfolio Weightings (%)
|
05/31/2025
|
|
| Sovereign Bond | 80.0 |
| Corporate Bond | 10.8 |
| Supranational Bond | 0.5 |
| Cash | 8.6 |
Regional Weightings (%)
|
05/31/2025
|
|
| Asia | 34.7 |
| Latin America | 22.7 |
| Africa | 16.2 |
| EU Europe | 14.4 |
| Non-EU Europe | 3.3 |
| Other | 0.1 |
| Cash | 8.6 |