HYEM
VanEck Emerging Markets High Yield Bond ETF
HYEM
VanEck Emerging Markets High Yield Bond ETF
HYEM
VanEck Emerging Markets High Yield Bond ETF
HYEM
VanEck Emerging Markets High Yield Bond ETF
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NAV$19.59
as of December 23, 2024 -
YTD RETURNS12.33%
as of December 23, 2024 -
Total Net Assets$395.78M
as of December 23, 2024 -
Total Expense Ratio0.40%
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Inception Date05/08/2012
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30-Day SEC Yield7.19%
Fund Description
The VanEck Emerging Markets High Yield Bond ETF (HYEM®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the ICE BofA Diversified High Yield US Emerging Markets Corporate Plus Index (EMLH), which is comprised of U.S. dollar-denominated bonds issued by non-sovereign emerging markets issuers that are rated below investment grade and that are issued in the major domestic and Eurobond markets.
Overview
Fund Highlights
- Focuses on high-yield EM corporate bonds
- Yield pickup and higher credit quality versus U.S. high yield bonds†
- Diversifies a U.S.-only high yield exposure§