Name
As of 04/18/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-2.1%
1 yr return
4.5%
3 Yr Avg Return
-1.2%
5 Yr Avg Return
2.6%
Net Assets
$76 M
Holdings in Top 10
25.0%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 2.51%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 218.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/18/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
EMBUX - Profile
Distributions
- YTD Total Return -2.1%
- 3 Yr Annualized Total Return -1.2%
- 5 Yr Annualized Total Return 2.6%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 5.01%
- Dividend Yield 0.0%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameEmerging Markets Bond Fund
-
Fund Family NameVANECKFUND
-
Inception DateJul 09, 2012
-
Shares OutstandingN/A
-
Share ClassI
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerEric Fine
Fund Description
EMBUX - Performance
Return Ranking - Trailing
Period | EMBUX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -2.1% | -6.2% | 7.9% | 69.87% |
1 Yr | 4.5% | -7.9% | 20.2% | 72.85% |
3 Yr | -1.2%* | -14.5% | 4.1% | 17.87% |
5 Yr | 2.6%* | -9.1% | 6.2% | 6.62% |
10 Yr | 1.2%* | -6.0% | 4.9% | 46.82% |
* Annualized
Return Ranking - Calendar
Period | EMBUX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 3.4% | -10.6% | 17.8% | 71.52% |
2022 | -14.5% | -29.1% | -2.4% | 19.18% |
2021 | -9.2% | -24.0% | 2.7% | 68.77% |
2020 | 3.7% | -14.0% | 9.7% | 8.70% |
2019 | 4.5% | -6.4% | 13.0% | 86.03% |
Total Return Ranking - Trailing
Period | EMBUX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -2.1% | -6.2% | 7.9% | 69.87% |
1 Yr | 4.5% | -7.9% | 20.2% | 72.85% |
3 Yr | -1.2%* | -14.5% | 4.1% | 17.87% |
5 Yr | 2.6%* | -9.1% | 6.2% | 6.62% |
10 Yr | 1.2%* | -6.0% | 4.9% | 46.82% |
* Annualized
Total Return Ranking - Calendar
Period | EMBUX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 11.0% | -0.6% | 20.0% | 65.23% |
2022 | -7.2% | -27.6% | -1.7% | 6.16% |
2021 | -4.3% | -18.5% | 7.4% | 62.46% |
2020 | 11.6% | -7.8% | 18.0% | 2.90% |
2019 | 12.5% | -3.0% | 23.0% | 64.34% |
NAV & Total Return History
EMBUX - Holdings
Concentration Analysis
EMBUX | Category Low | Category High | EMBUX % Rank | |
---|---|---|---|---|
Net Assets | 76 M | 565 K | 14.4 B | 67.99% |
Number of Holdings | 118 | 4 | 1888 | 86.80% |
Net Assets in Top 10 | 21.2 M | -134 M | 1.25 B | 60.73% |
Weighting of Top 10 | 25.03% | 5.1% | 101.4% | 32.33% |
Top 10 Holdings
- Invesco Treasury Portfolio 3.29%
- Malaysia Government Bond 3.04%
- Mexican Bonos 2.93%
- Peru Government Bond 2.58%
- Brazil Notas do Tesouro Nacional Serie F 2.38%
- Petroleos Mexicanos 2.30%
- Petroleos Mexicanos 2.23%
- Chile Government International Bond 2.14%
- Indonesia Treasury Bond 2.10%
- Congolese International Bond 2.04%
Asset Allocation
Weighting | Return Low | Return High | EMBUX % Rank | |
---|---|---|---|---|
Bonds | 92.11% | 0.91% | 99.54% | 68.65% |
Cash | 4.60% | 0.00% | 21.93% | 51.82% |
Stocks | 3.29% | -0.01% | 93.55% | 1.65% |
Preferred Stocks | 0.00% | 0.00% | 1.28% | 43.56% |
Other | 0.00% | -9.56% | 88.17% | 71.29% |
Convertible Bonds | 0.00% | 0.00% | 8.47% | 77.33% |
Stock Sector Breakdown
Weighting | Return Low | Return High | EMBUX % Rank | |
---|---|---|---|---|
Utilities | 0.00% | 0.00% | 11.41% | 57.00% |
Technology | 0.00% | 0.00% | 30.64% | 56.00% |
Real Estate | 0.00% | 0.00% | 2.39% | 55.00% |
Industrials | 0.00% | 0.00% | 100.00% | 59.00% |
Healthcare | 0.00% | 0.00% | 12.25% | 56.00% |
Financial Services | 0.00% | 0.00% | 100.00% | 58.00% |
Energy | 0.00% | 0.00% | 100.00% | 18.00% |
Communication Services | 0.00% | 0.00% | 8.92% | 60.00% |
Consumer Defense | 0.00% | 0.00% | 24.66% | 54.00% |
Consumer Cyclical | 0.00% | 0.00% | 100.00% | 56.00% |
Basic Materials | 0.00% | 0.00% | 100.00% | 75.00% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | EMBUX % Rank | |
---|---|---|---|---|
US | 3.29% | 0.00% | 93.50% | 1.65% |
Non US | 0.00% | -0.01% | 1.26% | 50.83% |
Bond Sector Breakdown
Weighting | Return Low | Return High | EMBUX % Rank | |
---|---|---|---|---|
Government | 72.01% | 0.00% | 99.79% | 36.00% |
Corporate | 24.26% | 0.00% | 93.26% | 32.67% |
Cash & Equivalents | 2.30% | 0.00% | 23.23% | 49.17% |
Securitized | 0.97% | 0.00% | 2.41% | 3.67% |
Derivative | 0.00% | -1.03% | 7.35% | 61.72% |
Municipal | 0.00% | 0.00% | 0.00% | 41.33% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | EMBUX % Rank | |
---|---|---|---|---|
US | 48.82% | -42.31% | 99.01% | 63.04% |
Non US | 43.29% | 0.00% | 132.49% | 35.31% |
EMBUX - Expenses
Operational Fees
EMBUX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 2.51% | 0.02% | 35.56% | 10.26% |
Management Fee | 0.80% | 0.00% | 1.10% | 77.56% |
12b-1 Fee | 0.00% | 0.00% | 1.00% | 5.76% |
Administrative Fee | N/A | 0.02% | 0.65% | N/A |
Sales Fees
EMBUX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.75% | 5.75% | 93.75% |
Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
EMBUX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.75% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
EMBUX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 218.00% | 0.00% | 218.00% | 99.24% |
EMBUX - Distributions
Dividend Yield Analysis
EMBUX | Category Low | Category High | EMBUX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 22.27% | 87.13% |
Dividend Distribution Analysis
EMBUX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | SemiAnnual | Monthly | Monthly |
Net Income Ratio Analysis
EMBUX | Category Low | Category High | EMBUX % Rank | |
---|---|---|---|---|
Net Income Ratio | 5.01% | -2.28% | 8.00% | 12.84% |
Capital Gain Distribution Analysis
EMBUX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Mar 21, 2024 | $0.031 | OrdinaryDividend |
Feb 22, 2024 | $0.033 | OrdinaryDividend |
Jan 25, 2024 | $0.034 | OrdinaryDividend |
Dec 20, 2023 | $0.027 | OrdinaryDividend |
Aug 24, 2023 | $0.023 | OrdinaryDividend |
Jul 20, 2023 | $0.019 | OrdinaryDividend |
May 24, 2023 | $0.014 | OrdinaryDividend |
Feb 22, 2023 | $0.018 | OrdinaryDividend |
Nov 17, 2022 | $0.033 | OrdinaryDividend |
Oct 20, 2022 | $0.036 | OrdinaryDividend |
Sep 22, 2022 | $0.040 | OrdinaryDividend |
Aug 25, 2022 | $0.040 | OrdinaryDividend |
Jul 21, 2022 | $0.036 | OrdinaryDividend |
Jun 23, 2022 | $0.039 | OrdinaryDividend |
May 19, 2022 | $0.046 | OrdinaryDividend |
Apr 21, 2022 | $0.037 | OrdinaryDividend |
Mar 24, 2022 | $0.040 | OrdinaryDividend |
Jan 20, 2022 | $0.029 | OrdinaryDividend |
Dec 22, 2021 | $0.023 | OrdinaryDividend |
Nov 18, 2021 | $0.029 | OrdinaryDividend |
Oct 21, 2021 | $0.021 | OrdinaryDividend |
Sep 23, 2021 | $0.019 | OrdinaryDividend |
Aug 26, 2021 | $0.023 | OrdinaryDividend |
Jul 22, 2021 | $0.019 | OrdinaryDividend |
Jun 24, 2021 | $0.003 | OrdinaryDividend |
May 20, 2021 | $0.021 | OrdinaryDividend |
Apr 22, 2021 | $0.023 | OrdinaryDividend |
Mar 25, 2021 | $0.025 | OrdinaryDividend |
Feb 18, 2021 | $0.022 | OrdinaryDividend |
Jan 21, 2021 | $0.024 | OrdinaryDividend |
Dec 22, 2020 | $0.012 | OrdinaryDividend |
Nov 20, 2020 | $0.022 | OrdinaryDividend |
Oct 23, 2020 | $0.021 | OrdinaryDividend |
Sep 23, 2020 | $0.021 | OrdinaryDividend |
Aug 21, 2020 | $0.022 | OrdinaryDividend |
Jul 23, 2020 | $0.024 | OrdinaryDividend |
Jun 23, 2020 | $0.024 | OrdinaryDividend |
May 21, 2020 | $0.021 | OrdinaryDividend |
Apr 23, 2020 | $0.027 | OrdinaryDividend |
Mar 23, 2020 | $0.040 | OrdinaryDividend |
Feb 21, 2020 | $0.045 | OrdinaryDividend |
Jan 23, 2020 | $0.046 | OrdinaryDividend |
Dec 23, 2019 | $0.059 | OrdinaryDividend |
Nov 21, 2019 | $0.051 | OrdinaryDividend |
Oct 23, 2019 | $0.049 | OrdinaryDividend |
Sep 23, 2019 | $0.042 | OrdinaryDividend |
Aug 23, 2019 | $0.042 | OrdinaryDividend |
Jul 23, 2019 | $0.011 | OrdinaryDividend |
Jun 21, 2019 | $0.047 | OrdinaryDividend |
May 23, 2019 | $0.047 | OrdinaryDividend |
Apr 23, 2019 | $0.031 | OrdinaryDividend |
Mar 22, 2019 | $0.035 | OrdinaryDividend |
Feb 21, 2019 | $0.023 | OrdinaryDividend |
Jan 23, 2019 | $0.042 | OrdinaryDividend |
Dec 21, 2018 | $0.044 | OrdinaryDividend |
Nov 21, 2018 | $0.031 | OrdinaryDividend |
Oct 23, 2018 | $0.033 | OrdinaryDividend |
Sep 21, 2018 | $0.037 | OrdinaryDividend |
Aug 23, 2018 | $0.040 | OrdinaryDividend |
Jul 23, 2018 | $0.044 | OrdinaryDividend |
Jun 22, 2018 | $0.028 | OrdinaryDividend |
May 23, 2018 | $0.048 | OrdinaryDividend |
Apr 23, 2018 | $0.034 | OrdinaryDividend |
Mar 22, 2018 | $0.045 | OrdinaryDividend |
Feb 21, 2018 | $0.046 | OrdinaryDividend |
Jan 23, 2018 | $0.023 | OrdinaryDividend |
Dec 21, 2017 | $0.061 | OrdinaryDividend |
Nov 21, 2017 | $0.044 | OrdinaryDividend |
Oct 24, 2017 | $0.078 | OrdinaryDividend |
Sep 22, 2017 | $0.051 | OrdinaryDividend |
Aug 23, 2017 | $0.047 | OrdinaryDividend |
Jul 21, 2017 | $0.032 | OrdinaryDividend |
Jun 23, 2017 | $0.037 | OrdinaryDividend |
May 23, 2017 | $0.053 | OrdinaryDividend |
Apr 21, 2017 | $0.048 | OrdinaryDividend |
Mar 23, 2017 | $0.041 | OrdinaryDividend |
Feb 22, 2017 | $0.034 | OrdinaryDividend |
Jan 23, 2017 | $0.020 | OrdinaryDividend |
Dec 22, 2016 | $0.022 | OrdinaryDividend |
Nov 22, 2016 | $0.012 | OrdinaryDividend |
Oct 21, 2016 | $0.017 | OrdinaryDividend |
Sep 22, 2016 | $0.023 | OrdinaryDividend |
Aug 23, 2016 | $0.027 | OrdinaryDividend |
Jul 22, 2016 | $0.016 | OrdinaryDividend |
Jun 23, 2016 | $0.046 | OrdinaryDividend |
May 23, 2016 | $0.035 | OrdinaryDividend |
Apr 22, 2016 | $0.028 | OrdinaryDividend |
Mar 22, 2016 | $0.018 | OrdinaryDividend |
Feb 23, 2016 | $0.015 | OrdinaryDividend |
Jan 22, 2016 | $0.012 | OrdinaryDividend |
Dec 22, 2015 | $0.044 | OrdinaryDividend |
Nov 23, 2015 | $0.039 | OrdinaryDividend |
Oct 22, 2015 | $0.037 | OrdinaryDividend |
Sep 22, 2015 | $0.041 | OrdinaryDividend |
Aug 21, 2015 | $0.060 | OrdinaryDividend |
Jul 22, 2015 | $0.066 | OrdinaryDividend |
Jun 23, 2015 | $0.061 | OrdinaryDividend |
May 22, 2015 | $0.033 | OrdinaryDividend |
Apr 22, 2015 | $0.018 | OrdinaryDividend |
Mar 23, 2015 | $0.018 | OrdinaryDividend |
Feb 23, 2015 | $0.022 | OrdinaryDividend |
Jan 23, 2015 | $0.020 | OrdinaryDividend |
Dec 23, 2014 | $0.046 | OrdinaryDividend |
Nov 20, 2014 | $0.035 | OrdinaryDividend |
Oct 24, 2014 | $0.044 | OrdinaryDividend |
Sep 23, 2014 | $0.048 | OrdinaryDividend |
Aug 22, 2014 | $0.042 | OrdinaryDividend |
Jul 24, 2014 | $0.046 | OrdinaryDividend |
Jun 23, 2014 | $0.044 | OrdinaryDividend |
May 22, 2014 | $0.046 | OrdinaryDividend |
Apr 23, 2014 | $0.050 | OrdinaryDividend |
Mar 24, 2014 | $0.049 | OrdinaryDividend |
Feb 20, 2014 | $0.043 | OrdinaryDividend |
Jan 24, 2014 | $0.051 | OrdinaryDividend |
Dec 23, 2013 | $0.056 | OrdinaryDividend |
Nov 21, 2013 | $0.055 | OrdinaryDividend |
Oct 22, 2013 | $0.055 | OrdinaryDividend |
Sep 23, 2013 | $0.054 | OrdinaryDividend |
Aug 21, 2013 | $0.041 | OrdinaryDividend |
Jul 23, 2013 | $0.040 | OrdinaryDividend |
Jun 21, 2013 | $0.040 | OrdinaryDividend |
May 21, 2013 | $0.043 | OrdinaryDividend |
Apr 23, 2013 | $0.036 | OrdinaryDividend |
Mar 21, 2013 | $0.051 | OrdinaryDividend |
Feb 21, 2013 | $0.050 | OrdinaryDividend |
Jan 23, 2013 | $0.035 | OrdinaryDividend |
Dec 21, 2012 | $0.059 | OrdinaryDividend |
Nov 21, 2012 | $0.061 | OrdinaryDividend |
Oct 23, 2012 | $0.042 | OrdinaryDividend |
Sep 21, 2012 | $0.030 | OrdinaryDividend |
Aug 21, 2012 | $0.044 | OrdinaryDividend |
EMBUX - Fund Manager Analysis
Managers
Eric Fine
Start Date
Tenure
Tenure Rank
Jul 09, 2012
9.9
9.9%
Mr. Fine joined VanEck in 2009. He serves as the Portfolio Manager for VanEck’s Unconstrained Emerging Markets Bond Strategy and oversees the Emerging Markets Fixed Income team. He is responsible for portfolio strategy, credit and market analysis, and security selection. Mr. Fine has been conducting business in emerging markets for over 25 years. Prior to joining VanEck, Mr. Fine founded and managed Morgan Stanley’s Emerging Markets Proprietary Trading group from 2004 to 2008. Mr. Fine worked at Morgan Stanley for 14 years, including 6 years running the firm’s Europe/Middle East/Africa (EMEA) research group, and 4 years running the Global Emerging Markets Economics and Strategy research group, winning numerous research awards (including from Institutional Investor and Euromoney) and outperforming indices with his model portfolios. While at Morgan Stanley, he advised numerous governments on economic policies and debt profiles and rescheduled sovereign debts in countries such as Turkey and the Dominican Republic. Prior to Morgan Stanley, Mr. Fine started and led a telecommunications company in Russia for the Harvard Institute for International Development that built the country’s first securities clearing system. Mr. Fine received an MPA in International Trade and Finance from Harvard University’s Kennedy School of Government, and earned a BA in Public Policy from Duke University. He has made numerous media appearances, has been frequently quoted in popular media, and is a contributing author for Institutional Investor and Barron’s.
David Austerweil
Start Date
Tenure
Tenure Rank
May 01, 2014
8.09
8.1%
Mr. Austerweil joined VanEck in 2012. He serves as the Deputy Portfolio Manager for VanEck’s Unconstrained Emerging Markets Bond Strategy and is responsible for portfolio management, trade execution, and quantitative investment frameworks; originate both sovereign and corporate investment ideas and research. Prior to joining VanEck, he served as Vice President at ING Financial Services on the Emerging Markets Credit Trading & Structuring desk. Mr. Austerweil previously was a member of the Portfolio Management team at The Rohatyn Group, covering global emerging markets credit, including sovereign bonds, corporate bonds and CDS. He specialized in building quantitative frameworks for the investment process. Previously, Mr. Austerweil served as a Director in the Quantitative Financial Research group at Fitch Ratings, building among the first industry models to statistically quantify the credit risk of U.S. commercial real estate loans. Mr. Austerweil’s earlier career experience includes an analyst position in the Municipal Finance Department at Goldman Sachs. Mr. Austerweil received an MS in Financial Engineering from Columbia University and a BA in Computer Science from Columbia University.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 23.87 | 6.38 | 6.11 |