VanEck Emerging Income Opportunities Active ETF (Managed Fund) EBND
Fund description: EBND aims to provide investors with a globally diversified portfolio of bonds and currencies in emerging markets. The fund aims to provide total investment returns, measured over the medium to long term in excess of the Benchmark.
Benchmark: 50% J.P. Morgan Emerging Market Bond Index Global Diversified Hedged AUD and 50% J.P. Morgan Government Bond-Emerging Market Index Global Diversified.
Country of domicile: Australia
as at 16-Apr-21
-
Exchange
ASX -
ASX code
EBND -
NAV
$11.20 -
Units outstanding
6,083,747 -
Net assets
$68.1M -
Number of holdings
108 -
Inception date1
11-Feb-20 -
ASX commencement
13-Feb-20
1The date the fund was seeded prior to quotation on ASX.
as at 16-Apr-21
-
Dividend frequency
Monthly -
Management costs p.a.
0.95% - Investment management team »
- Market Announcements
- EBND Fact Sheet
- EBND Fund Flyer
- EBND Process
- Emerging markets: The case of the missing asset class
- Emerging markets: More than zero
- EBND Commentary
Key benefits
Emerging markets bonds generally pay higher interest than developed markets bonds offering investors an opportunity to broaden their income horizon with elevated risk
Active management
An actively managed benchmark-unaware approach that makes high conviction investments
Target yield of 5% per annum
Income from investing in emerging markets government, semi-government and corporate bonds that provides an attractive addition for investors' growing income needs
Yields as of 15-Apr-21
-
Running yield
5.40% -
Yield to maturity
5.58%
Fundamentals as of 15-Apr-21
-
Average maturity (years)
9.17 -
Modified duration (years)
6.43
Trading information
-
ASX code
EBND -
IRESS code
EBND.AXW -
Units outstanding
6,083,747 -
ISIN
AU0000076606
Fees and other costs
-
Management costs p.a.
0.95%
Key risks
An investment in the Fund carries risks associated with: ASX trading time differences, emerging markets bonds and currencies, bond markets generally, interest rate movements, issuer default, currency hedging, credit ratings, country and issuer concentration, liquidity and fund manager and fund operations. See the PDS for details.
Prices as at 16-Apr-21
Performance history (%) View all ETFs » View all indices »
1 Mth | 3 Mths | 6 Mths | 1 Yr | 3 Yrs p.a. | 5 Yrs p.a. | 10 Yrs p.a. | ETF Inception p.a. | |
---|---|---|---|---|---|---|---|---|
Price return | -1.74 | -4.84 | -2.45 | 10.55 | -- | -- | -- | -7.51 |
Income return | 0.40 | 1.62 | 2.54 | 6.04 | -- | -- | -- | 5.07 |
Total return | -1.34 | -3.22 | 0.09 | 16.59 | -- | -- | -- | -2.44 |
Benchmark | -1.23 | -5.02 | -1.53 | 2.36 | 1.26 | 4.02 | -- | -7.81 |
1 Mth | 3 Mths | 6 Mths | 1 Yr | 3 Yrs p.a. | 5 Yrs p.a. | 10 Yrs p.a. | ETF Inception p.a. | ||
---|---|---|---|---|---|---|---|---|---|
Price return | -1.74 | -4.84 | -2.45 | 10.55 | -- | -- | -- | -7.51 | |
Income return | 0.40 | 1.62 | 2.54 | 6.04 | -- | -- | -- | 5.07 | |
Total return | -1.34 | -3.22 | 0.09 | 16.59 | -- | -- | -- | -2.44 | |
Benchmark | -1.23 | -5.02 | -1.53 | 2.36 | 1.26 | 4.02 | -- | -7.81 |
Top ten holdings (%) View all daily holdings » as at 31-Mar-21
Security name |
Coupon
|
Maturity |
Composite
rating^ |
Country†
|
Currency
|
% of Fund net assets |
|
---|---|---|---|---|---|---|---|
REPUBLIC OF SOUTH AFRICA GOVERNMENT BON |
8.250
|
31-Mar-32 |
BB
|
South Africa
|
ZAR
|
2.98 | |
MEXICAN BONOS |
5.750
|
05-Mar-26 |
BBB
|
Mexico
|
MXN
|
2.77 | |
BONOS DE LA TESORERIA DE LA REPUBLICA E |
2.800
|
01-Oct-33 |
AA-
|
Chile
|
CLP
|
2.65 | |
COLOMBIAN TES |
7.500
|
26-Aug-26 |
BBB
|
Colombia
|
COP
|
2.56 | |
REPUBLIC OF SOUTH AFRICA GOVERNMENT BON |
8.000
|
31-Jan-30 |
BB
|
South Africa
|
ZAR
|
2.38 | |
PETROLEOS MEXICANOS |
6.490
|
23-Jan-27 |
BB+
|
Mexico
|
USD
|
2.24 | |
MEXICAN BONOS |
8.500
|
31-May-29 |
BBB
|
Mexico
|
MXN
|
2.13 | |
ECUADOR GOVERNMENT INTERNATIONAL BOND |
0.500
|
31-Jul-30 |
B-
|
Ecuador
|
USD
|
2.12 | |
LAOS GOVERNMENT INTERNATIONAL BOND |
6.875
|
30-Jun-21 |
B-
|
Laos
|
USD
|
2.10 | |
CHINA GOVERNMENT BOND |
2.850
|
04-Jun-27 |
A
|
China
|
CNY
|
2.04 | |
Top 10 Total (%) | 23.97 |
Source: VanEck. These are not recommendations to buy or to sell any security.
^Composite rating is an evenly weighted blend of a bond’s Moody’s, S&P and Fitch credit ratings when there are two or more. ‘NR’ means the bond has one ‘Investment Grade’ rating. The above ratings are not a credit opinion by VanEck on any bond or the Fund or a recommendation to buy any individual security.
† – country of risk
Country weightings (%) as at 31-Mar-21
-
Country
Weightings (%) -
Mexico
9.1 -
China
7.8 -
South Africa
6.2 -
Colombia
5.1 -
Indonesia
4.9 -
Chile
4.4 -
Malaysia
3.6 -
Philippines
2.9 -
Nigeria
2.7 -
Argentina
2.5 -
Ecuador
2.4 -
Angola
2.3 -
Suriname
2.2 -
Georgia
2.1 -
Thailand
2.1 -
Laos
2.1 -
Czech
2.0 -
Oman
1.9 -
El Salvador
1.9 -
Uae
1.9 -
Israel
1.8 -
Peru
1.6 -
United States
1.6 -
Qatar
1.6 -
Ghana
1.6 -
Ukraine
1.5 -
Poland
1.5 -
Saudi Arabia
1.4 -
Brazil
1.3 -
Dominican Repb.
1.3 -
Hungary
1.2 -
Romania
0.8 -
Luxembourg
0.8 -
India
0.7 -
Netherlands
0.7 -
United Kingdom
0.7 -
Panama
0.7 -
Bahrain
0.6 -
South Korea
0.6 -
Singapore
0.6 -
Kazakhstan
0.5 -
Egypt
0.5 -
Côte D'Ivoire
0.4 -
Uruguay
0.3 -
Costa Rica
0.3 -
Mongolia
0.3 -
Kenya
0.2 -
Guatemala
0.2 -
Jordan
0.2 -
Senegal
0.2 -
Gabon
0.1 -
Other/Cash
4.0 -
Total
99.9
Sector weightings (%) as at 31-Mar-21
-
Sector
Weightings (%) -
Government Activity
71.7 -
Oil & Gas
9.6 -
Banking Services
2.8 -
Food & Tobacco
1.5 -
Real Estate Operations
1.4 -
Chemicals
1.4 -
Metals & Mining
1.4 -
Investment Banking & Investment Services
1.3 -
Freight & Logistics Services
0.8 -
Other/Cash
8.1 -
Total
100.0
Maturity (%) as at 31-Mar-21
Average Portfolio Maturity: 7.94 Years