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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 09/26/16

    • 30-Day SEC Yield1

      3.94%
    • Total Net Assets

      $15.3M
    • 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
  • Key Points

    • Most Comprehensive Exposure to Emerging Markets Bonds

    • Attractive Yield Potential

    • Diversified by Currency and Credit Quality
  • Yield
    as of 09/26/16

    • 30-Day SEC Yield1

      3.94%
    • Distribution Yield1

      4.27%
    • 12-Month Yield1

      4.29%
     1 See Important Disclosure for definitions.
  • Fees & Expenses2

    • Management Fee

      0.35%
    • Other Expenses

      0.86%
    • Acquired Fund Fees and Expenses

      --
    • Gross Expense Ratio

      1.21%
    • Fee Waivers and
      Expense Reimbursement

      -0.72%
    • Net Expense Ratio/TER2

      0.49%
    2Expenses for EMAG are capped contractually at 0.49% until 09/01/17. Cap excludes certain expenses, such as interest.
  • Trading Information

    • Fund Ticker

      EMAG
    • Index Total Return Ticker

      MVEMAG
    • NAV

      EMAGNV
    • Intraday NAV (IIV)5

      EMAGIV
    • Shares Outstanding

      700,000
    • Estimated Cash

      EMAGEU
    • Total Cash

      EMAGTC
    • CUSIP

      92189F478
    • ISIN

      US92189F4789
    5See IIV Details. Source: Bloomberg
  • Fundamentals4
    as of 09/26/16

    • Yield to Worst

      4.60%
    • Yield to Maturity

      4.61%
    • Effective Duration (yrs)

      4.66
    • Years to Maturity

      6.36
    • Modified Duration (yrs)

      4.69
    • Coupon

      6.27%
     4 See Important Disclosure for definitions.
  • Prices as of 09/26/16

    NAV/
    Last Price
    Volume
    30-Day Avg./
    Last Trading Day
    Daily Change
    NAV/
    Last Price
    YTD Change
    NAV/
    Last Price
    Premium/
    Discount
    Prem/Discount
    Distribution Charts
    NAV &
    Prem/Discount
    History
    NAV
    Chart
    EMAG $21.91
    $21.77
    570
    92
    -$0.02 / -0.11%
    $0.00 / +0.00%
    +11.8%
    +13.4%
    $-0.14
    -0.64%
  • View All Indices » View All ETFs » Performance History: Average Annual Total Returns* (%)

    1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR LIFE
    05/11/11**
    EMAG (NAV) 0.55 4.44 11.19 9.37 2.45 1.51 -- 2.04
    EMAG (Share Price) -0.56 3.28 11.04 8.11 1.89 1.24 -- 1.62
    MVEMAG (Index)** 0.94 5.48 12.61 11.15 3.38 2.89 -- 3.45
    Performance Differential (NAV - Index) -0.39 -1.04 -1.42 -1.78 -0.93 -1.38 -- -1.41
    After Tax Held 0.41 3.97 9.87 7.72 1.04 0.03 -- 0.56
    After Tax Sold 0.31 2.51 6.30 5.26 1.22 0.54 -- 0.95
    Quarter End as of 06/30/16
    1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR LIFE
    05/11/11**
    EMAG (NAV) 2.94 2.48 9.58 4.32 1.46 1.49 -- 1.82
    EMAG (Share Price) 2.11 2.57 9.77 3.39 1.07 1.01 -- 1.45
    MVEMAG (Index)** 3.17 3.03 10.14 5.12 1.95 2.77 -- 3.13
    Performance Differential (NAV - Index) -0.23 -0.55 -0.56 -0.80 -0.49 -1.28 -- -1.31
    After Tax Held 2.77 1.97 8.60 2.78 0.10 -0.01 -- 0.35
    After Tax Sold 1.66 1.40 5.40 2.40 0.49 0.53 -- 0.80
  • Daily Holdings »Top 10 Holdings (%)as of 08/31/16

    Total Holdings: 144
    Holding Name
    Coupon
    Maturity
    Composite
    Rating
    Country
    Currency
    % of Net
    Assets
    Mexican Bonos
    8.000
    06/11/2020
    A-
    Mexico
    MXN
    2.02
    Thailand Government Bond
    3.625
    06/16/2023
    BBB+
    Thailand
    THB
    1.86
    Brazil Notas Do Tesouro Nacional Ser F
    10.000
    01/01/2021
    BB
    Brazil
    BRL
    1.65
    Gazprom Oao Via Gaz Capital Sa
    6.510
    03/07/2022
    BB+
    Russian Federation
    USD
    1.50
    Indonesia Government International Bond
    5.875
    03/13/2020
    BB+
    Indonesia
    USD
    1.45
    Malaysia Government Bond
    3.480
    03/15/2023
    NR
    Malaysia
    MYR
    1.37
    Colombia Government International Bond
    7.750
    04/14/2021
    BBB
    Colombia
    COP
    1.29
    Turkey Government International Bond
    7.375
    02/05/2025
    BB+
    Turkey
    USD
    1.27
    Philippine Government International Bon
    5.000
    01/13/2037
    BBB-
    Philippines
    USD
    1.23
    Poland Government Bond
    4.000
    10/25/2023
    A-
    Poland
    PLN
    1.18
    Top 10 Total (%)14.82

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

  • 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
  • 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
  • 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
  • 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.
  • Maturity (%) as of 08/31/16

    Average Portfolio Maturity: 6.40 Years