VanEck Vectors Emerging Markets Aggregate Bond ETF (EMAG)
VanEck Vectors Emerging Markets Aggregate Bond ETF operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $20.38, up 0.42% on the session, giving a market capitalisation of $15.8M. Its beta of 0.89 implies it has historically moved less than the broad market.
This investment vehicle, EMAG, is designed to closely track the total return, encompassing both price movements and income generated, of the MVIS® EM Aggregate Bond Index, before any costs or charges are deducted. The fund typically commits a significant portion—at least 80% of its overall capital—to hold the specific securities that make up its benchmark index. This underlying index itself is a comprehensive collection of debt instruments issued by both governments and corporations in emerging markets. These bonds can be denominated in U.S. dollars, Euros, or the domestic currencies of those developing nations. Furthermore, the index incorporates a broad spectrum of credit quality, featuring bonds rated as investment grade alongside those considered below investment grade (or "high-yield"). It's important to note that this fund is classified as non-diversified.
VanEck Vectors Emerging Markets Aggregate Bond ETF is most often compared with the following Financial Services names: