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Back on the Map: Revisiting the Case for EM Bonds

Understanding the nuances of emerging markets can be a challenge but Portfolio Manager Eric Fine will share his insights into why recent developments likely warrant a reassessment of fixed income exposures, drawing on experience developed over his 30-year career.

  • How current turmoil in global fixed income markets is impacting emerging markets
  • Where are the current opportunities across EM debt markets
  • Why an active approach is needed in this market

Webinar details

October 18, 2023

10:00 AM US ET

Duration 60 MIN

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Disclosures

Please note that VanEck may offer investments products that invest in the asset class(es) or industries included in this commentary.

This is not an offer to buy or sell, or a recommendation to buy or sell any of the securities, financial instruments or digital assets mentioned herein. The information presented does not involve the rendering of personalized investment, financial, legal, tax advice, or any call to action. Certain statements contained herein may constitute projections, forecasts and other forward-looking statements, which do not reflect actual results, are for illustrative purposes only, are valid as of the date of this communication, and are subject to change without notice. Actual future performance of any assets or industries mentioned are unknown. Information provided by third party sources are believed to be reliable and have not been independently verified for accuracy or completeness and cannot be guaranteed. VanEck does not guarantee the accuracy of third party data. The information herein represents the opinion of the author(s), but not necessarily those of VanEck or its other employees.

You can lose money by investing in the VanEck Emerging Markets Bond Fund. Any investment in the Fund should be part of an overall investment program, not a complete program. The Fund is subject to risks which may include, but are not limited to, risks associated with active management, credit, credit-linked notes, currency management strategies, derivatives, emerging market issuers, energy sector, ESG investing strategy, foreign currency, foreign securities, hedging, high portfolio turnover, high yield securities, interest rate, LIBOR replacement, market, non-diversified, operational, restricted securities, investing in other funds, sovereign bond, and special risk considerations of investing in Latin American issuers, all of which may adversely affect the Fund. Emerging market issuers and foreign securities may be subject to securities markets, political and economic, investment and repatriation restrictions, different rules and regulations, less publicly available financial information, foreign currency and exchange rates, operational and settlement, and corporate and securities laws risks. Derivatives may involve certain costs and risks such as liquidity, interest rate, and the risk that a position could not be closed when most advantageous.

Average Annual Total Returns* (%)
Month End as of 09/30/2023
  1 MO 3 MO YTD 1 Year 3 Year 5 Year 10 Year LIFE
(07/09/12)
VanEck Emerging Markets Bond Fund: Class A
At Net Asset Value -2.28 -3.37 2.35 12.91 -0.83 2.07 1.18 --
At Maximum 5.75% Sales Charge -7.90 -8.93 -3.53 6.42 -2.77 0.87 0.58 --
50% GBI-EM/50% EMBI -2.98 -2.73 3.06 11.61 -3.58 -0.12 0.87 --
GBI-EM Index -3.37 -3.26 4.28 13.10 -2.70 0.00 -0.84 --
EMBI Index -2.60 -2.23 1.76 10.01 -4.56 -0.35 2.47 --

*Returns less than one year are not annualized.

The table presents past performance which is no guarantee of future results and which may be lower or higher than current performance. Returns reflect temporary contractual fee waivers and/or expense reimbursements. Had the Fund incurred all expenses and fees, investment returns would have been reduced. Expenses: Class A: Gross 2.55% and Net 1.22%. Expenses are capped contractually through 05/01/25 at 1.20% for Class A. Investment returns and Fund share values will fluctuate so that investors' shares, when redeemed, may be worth more or less than their original cost. Fund returns assume that dividends and capital gains distributions have been reinvested in the Fund at NAV.

Investing involves substantial risk and high volatility, including possible loss of principal. An investor should consider the investment objective, risks, charges and expenses of a Fund carefully before investing. To obtain a prospectus and summary prospectus, which contain this and other information, call 800.826.2333 or visit vaneck.com. Please read the prospectus and summary prospectus carefully before investing.

No part of this material may be reproduced in any form, or referred to in any other publication, without express written permission of Van Eck Securities Corporation.

© 2023 Van Eck Securities Corporation, Distributor, a wholly owned subsidiary of Van Eck Associates Corporation.

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Disclosures

Please note that VanEck may offer investments products that invest in the asset class(es) or industries included in this commentary.

This is not an offer to buy or sell, or a recommendation to buy or sell any of the securities, financial instruments or digital assets mentioned herein. The information presented does not involve the rendering of personalized investment, financial, legal, tax advice, or any call to action. Certain statements contained herein may constitute projections, forecasts and other forward-looking statements, which do not reflect actual results, are for illustrative purposes only, are valid as of the date of this communication, and are subject to change without notice. Actual future performance of any assets or industries mentioned are unknown. Information provided by third party sources are believed to be reliable and have not been independently verified for accuracy or completeness and cannot be guaranteed. VanEck does not guarantee the accuracy of third party data. The information herein represents the opinion of the author(s), but not necessarily those of VanEck or its other employees.

You can lose money by investing in the VanEck Emerging Markets Bond Fund. Any investment in the Fund should be part of an overall investment program, not a complete program. The Fund is subject to risks which may include, but are not limited to, risks associated with active management, credit, credit-linked notes, currency management strategies, derivatives, emerging market issuers, energy sector, ESG investing strategy, foreign currency, foreign securities, hedging, high portfolio turnover, high yield securities, interest rate, LIBOR replacement, market, non-diversified, operational, restricted securities, investing in other funds, sovereign bond, and special risk considerations of investing in Latin American issuers, all of which may adversely affect the Fund. Emerging market issuers and foreign securities may be subject to securities markets, political and economic, investment and repatriation restrictions, different rules and regulations, less publicly available financial information, foreign currency and exchange rates, operational and settlement, and corporate and securities laws risks. Derivatives may involve certain costs and risks such as liquidity, interest rate, and the risk that a position could not be closed when most advantageous.

Average Annual Total Returns* (%)
Month End as of 09/30/2023
  1 MO 3 MO YTD 1 Year 3 Year 5 Year 10 Year LIFE
(07/09/12)
VanEck Emerging Markets Bond Fund: Class A
At Net Asset Value -2.28 -3.37 2.35 12.91 -0.83 2.07 1.18 --
At Maximum 5.75% Sales Charge -7.90 -8.93 -3.53 6.42 -2.77 0.87 0.58 --
50% GBI-EM/50% EMBI -2.98 -2.73 3.06 11.61 -3.58 -0.12 0.87 --
GBI-EM Index -3.37 -3.26 4.28 13.10 -2.70 0.00 -0.84 --
EMBI Index -2.60 -2.23 1.76 10.01 -4.56 -0.35 2.47 --

*Returns less than one year are not annualized.

The table presents past performance which is no guarantee of future results and which may be lower or higher than current performance. Returns reflect temporary contractual fee waivers and/or expense reimbursements. Had the Fund incurred all expenses and fees, investment returns would have been reduced. Expenses: Class A: Gross 2.55% and Net 1.22%. Expenses are capped contractually through 05/01/25 at 1.20% for Class A. Investment returns and Fund share values will fluctuate so that investors' shares, when redeemed, may be worth more or less than their original cost. Fund returns assume that dividends and capital gains distributions have been reinvested in the Fund at NAV.

Investing involves substantial risk and high volatility, including possible loss of principal. An investor should consider the investment objective, risks, charges and expenses of a Fund carefully before investing. To obtain a prospectus and summary prospectus, which contain this and other information, call 800.826.2333 or visit vaneck.com. Please read the prospectus and summary prospectus carefully before investing.

No part of this material may be reproduced in any form, or referred to in any other publication, without express written permission of Van Eck Securities Corporation.

© 2023 Van Eck Securities Corporation, Distributor, a wholly owned subsidiary of Van Eck Associates Corporation.