us en false false Default
Skip directly to Accessibility Notice

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

 

08/31/2025
Net Assets $18.6M
Turnover Rate (2024) 226.9 Number of Issues 39

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 (%)

 

08/31/2025
U.S. Dollar 31.2
Euro 7.2
South African Rand 6.0
Mexican Peso 6.0
Brazilian Real 5.8
Malaysian Ringgit 4.9
Thailand Baht 4.4
Chinese Renminbi 4.2
Polish Zloty 4.1
Indonesian Rupiah 3.8
Chilean Peso 3.5
Czech Koruna 3.1
Ugandan Shilling 2.5
Philippines Peso 2.3
Hungarian Forint 2.1
South Korean Won 2.0
Colombian Peso 1.6
Uruguay Peso 1.4
Singapore Dollar 0.8
Peruvian New Sol 0.6
Zambian Kwacha 0.6
Paraguay Guarani 0.5
Cash 1.3

Top Countries (%)

 

08/31/2025
South Africa 6.0
Mexico 6.0
Brazil 5.8
China 5.7
Thailand 5.1
Malaysia 4.9
Colombia 4.7
Indonesia 4.4
Poland 4.1
Chile 3.5
Other 48.4
Cash 1.3

Credit Quality Breakdown (%)

 

08/31/2025
AAA 0.8
AA 4.5
A 19.5
BBB 25.3
BB 23.0
B 12.9
CCC 6.6
CC 0.6
NR 5.1
Other 0.3
Cash 1.3
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 (%)

 

08/31/2025
View All Holdings

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

Fund Statistics

 

08/31/2025
Effective Duration (Years) 5.06
Average Years to Maturity 9.61
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 (%)

 

08/31/2025
Sovereign Bond 84.6
Corporate Bond 13.6
Supranational Bond 0.5
Cash 1.3

Regional Weightings (%)

 

08/31/2025
Latin America 32.6
Asia 27.5
Africa 18.0
EU Europe 13.4
Middle East 5.2
Non-EU Europe 1.8
North America 0.1
Cash 1.3