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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

 

01/31/2026
Net Assets $22.3M
Turnover Rate (2024) 206.9 Number of Issues 68

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 (%)

 

01/31/2026
U.S. Dollar 48.6
Mexican Peso 7.6
Malaysian Ringgit 6.4
Brazilian Real 5.2
Polish Zloty 5.0
Chilean Peso 4.4
Thailand Baht 3.8
Colombian Peso 3.4
Czech Koruna 2.7
Hungarian Forint 2.6
Peruvian New Sol 2.4
South Korean Won 2.3
Philippines Peso 2.1
Indonesian Rupiah 1.7
Romanian Leu 1.0
Singapore Dollar 0.7
Argentinian Peso 0.3
Cash 0.2

Top Countries (%)

 

01/31/2026
Mexico 7.6
Brazil 6.7
Malaysia 6.4
Poland 5.0
Colombia 4.8
Thailand 4.4
Chile 4.4
Turkey 3.7
UAE 3.5
Romania 3.0
Other 50.4
Cash 0.2

Credit Quality Breakdown (%)

 

01/31/2026
AAA 0.7
AA 8.8
A 16.0
BBB 28.9
BB 19.9
B 7.3
CCC 10.5
CC 0.4
C 1.2
NR 6.2
Other -0.0
Cash 0.2
Source: Bloomberg. Rating is a proprietary composite of various rating agencies. A bond must be rated by two or more rating agencies to receive a composite rating; otherwise it is classified as Not Rated.

All Holdings (%)

 

01/31/2026
View All Holdings

These are not recommendations to buy or sell any security. Sectors and holdings may vary.

Fund Statistics

 

01/31/2026
Effective Duration (Years) 5.85
Average Years to Maturity 9.18
Effective duration takes into account that expected cash flows will fluctuate as interest rates change. Average years to maturity is the average amount of time until the bonds mature.

Portfolio Weightings (%)

 

01/31/2026
Sovereign Bond 88.7
Corporate Bond 8.3
Quasi-Sovereign Bond 2.8
Cash 0.2

Regional Weightings (%)

 

01/31/2026
Latin America 40.1
Asia 23.6
EU Europe 14.1
Africa 11.5
Middle East 6.8
Non-EU Europe 3.7
North America 0.1
Cash 0.2