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EMAG VanEck 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
    • Commencement

      05/11/2011
    • ETF Structure

      Physical
    • Administrator

      Van Eck Associates
    • Custodian

      Bank of New York Mellon
    • Index Ticker

      MVEMAG
    • Commencement Date

      05/11/2011

    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 09/23/16

    • 30-Day SEC Yield1

      3.94%
    • Total Net Assets

      $15.4M
    • Number of Holdings

      143
    • Options

      Expected
    • Gross Expense Ratio2

      1.21%
    • Net Expense Ratio/TER2

      0.49%
    • Distribution Frequency

      Monthly
    • Next Distribution Date

      09/30/2016
  • Country Weightings (%) as of 08/31/16

    • Country

      % of Net Assets
    • MEXICO

      9.83
    • BRAZIL

      9.57
    • CHINA

      8.64
    • RUSSIA

      6.37
    • TURKEY

      6.36
    • INDONESIA

      6.32
    • POLAND

      4.50
    • COLOMBIA

      4.41
    • SOUTH AFRICA

      4.16
    • MALAYSIA

      3.95
    • ISRAEL

      3.57
    • THAILAND

      3.56
    • UAE

      3.07
    • HUNGARY

      2.20
    • QATAR

      2.08
    • PERU

      1.97
    • INDIA

      1.69
    • CHILE

      1.34
    • PHILIPPINES

      1.23
    • ROMANIA

      1.22
    • Other/Cash

      13.93
  • Portfolio Composition (%)
    as of 08/31/16

    • % of Net Assets
    • Stocks

      0.00
    • Bonds

      98.26
    • Other

      0.00
    • Cash

      1.74
  • Currency Exposure (%)
    as of 08/31/16

    • U.S. Dollar

      55.73
    • Euro

      5.46
    • Brazilian Real

      4.27
    • Polish Zloty

      3.76
    • Thai Baht

      3.56
    • Mexican Peso

      3.53
    • Indonesian Rupiah

      3.40
    • Malaysian Ringgit

      3.09
    • South African Rand

      2.95
    • Turkish Lira

      2.68
    • Israeli Shekel

      2.21
    • Colombian Peso

      2.05
    • Russian Ruble

      1.83
    • Hungarian Forint

      1.43
    • New Romanian Leu

      0.78
    • Peruvian New Sol

      0.61
    • Czech Koruna

      0.43
    • Nigeria Naira

      0.41
    • Chilean Peso

      0.09
    • Other/Cash

      1.74
  • Credit Quality (%) as of 08/31/16

    Composite % of Net Assets
    Investment Grade AA 1.61
    A 22.96
    BBB 30.80
    Non-Investment Grade BB 30.19
    B 4.17
    CCC 1.67
    Total Investment Grade -- 55.36
    Total Non-Investment Grade -- 36.03
    Not Rated -- 8.19
    Composite Rating: An evenly weighted blend of a security's Moody's, S&P, Fitch and DBRS ratings. Not Rated indicates that a security is rated by fewer than two of the four rating agencies. This composite is not intended to be a credit opinion.
  • 3-YR Risk Measures*
    as of 08/31/16

    • Beta vs. S&P 500 Index

      0.35
    • Correlation vs. S&P 500 Index

      0.55
    • Volatility (Standard Deviation)

      6.90
    • Sharpe Ratio

      0.34

    Source: VanEck, FactSet

    *Beta is a measure of sensitivity to market movements. Correlation measures the extent of linear association between the ETF performance and the index performance. Volatility is the annualized standard deviation of the ETF's monthly returns. Sharpe ratio measures risk-adjusted return, and represents the ETF's return less the risk free rate divided by the standard deviation. See S&P 500 Index definition.6

  • Sector Weightings (%) as of 08/31/16

    • Sector

      % of Net Assets
    • Government

      57.1
    • Financial

      12.3
    • Energy

      11.7
    • Utilities

      5.3
    • Communications

      5.1
    • Basic Materials

      3.2
    • Diversified

      1.5
    • Consumer, Non-cyclical

      1.5
    • Industrial

      0.7
    • Other/Cash

      1.7