COLLEGE PLANNING | ESTATE PLANNING | INVESTING | PORTFOLIO SPOTLIGHT | REAL ESTATE | RETIREMENT | TAX PLANNING
VanEck Emerging Markets Bond ETF
TICKER EMBX
ASSETS $ 239.7 million
PERFORMANCE |
YTD |
1 yr. |
3 yr. |
5 yr. |
10yr. |
|
2.80 % |
3.04 % |
10.29 % |
4.06 % |
5.14 % |
TOP 5 HOLDINGS
CONTACT INFO
Mexican Bonos; Republic of Poland Government Bond; Bonos De La Tesoreria De La Republica E; Peru Government Bond; Czech Republic Government Bond
800-826-1112 • vaneck. com BOND SECTOR ALLOCATION( As a % of portfolio)
n Government 80.11 % n Corporate 15.12 % n Cash & Equivalents 4.77 %
Performance, asset numbers, holdings and portfolio stats as of 6 / 9 / 26. Turnover stat as of 12 / 31 / 25. Sources: VanEck and Morningstar.
The Script Flips On Emerging Market Bonds
The VanEck Emerging Markets Bond ETF shows the value of EM debt. By Jeff Schlegel
PERCEPTION CAN BECOME REALITY EVEN WHEN that perception is wrong.
And so it is with bond investing, where longstanding conventional wisdom holds that the emerging market debt market is an unruly den of volatility best left to risk-taking investors, while the bond markets of developed nations are like the adult in the room and a safer place to invest.
But the script has flipped, says Eric Fine, lead manager of the VanEck Emerging Markets Bond ETF( EMBX). His basic message is that the collective emerging markets are now the ones with their fiscal house in order while the developed markets— including the U. S.— are undisciplined and irresponsible.
The numbers seem to buttress his claim. According to VanEck, as of May 31, 2026, its Emerging Markets Bond ETF had a 5.34 % return on net asset value and a 5.35 % return on market price when those figures are annualized over the past 10 years. The fund’ s benchmark has returned only 3.67 %( that benchmark is a 50 / 50 blend of the JPMorgan Government Bond Index-Emerging Markets and the JPMorgan Emerging Market Bond Index, and combines bonds with both local and hard-currency exposure). Meanwhile, U. S. Treasurys returned 0.28 % and the Bloomberg Global Aggregate index returned 0.47 % over the same period.
And as of May 31, the emerging market bond universe yielded 7.42 %, while global bonds yielded 4.03 % and U. S. bonds 4.69 %.( The VanEck fund had a recent 30-day SEC yield of 5.72 %.)
The greater yields on EM debt aren’ t the product of a higher risk /
40 | FINANCIAL ADVISOR MAGAZINE | JULY / AUGUST 2026 WWW. FA-MAG. COM