HYEM

VanEck Emerging Markets High Yield Bond ETF

$19.95
+0.00%
Market closed. Last update: 10:57 PM ET

📎 Investment Objective

The VanEck Emerging Markets High Yield Bond ETF (HYEM) seeks to provide investment results that closely correspond to the price and yield performance of the ICE BofA Emerging Markets High Yield Corporate Index, which tracks the performance of U.S. dollar-denominated, below investment grade corporate bonds issued by emerging market issuers.

Overview

ETF tracking VanEck Emerging Markets High Yield Bond ETF

Issuer VanEck
Inception Date 2012-05-09
Market Cap $424.8M
Average Volume N/A
Dividend Yield 5.54%
52-Week Range $18.65 - $20.20
VWAP $19.94

Performance

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Investment Summary

📎 Investment Objective

The VanEck Emerging Markets High Yield Bond ETF (HYEM) seeks to provide investment results that closely correspond to the price and yield performance of the ICE BofA Emerging Markets High Yield Corporate Index, which tracks the performance of U.S. dollar-denominated, below investment grade corporate bonds issued by emerging market issuers.

🎯 Investment Strategy

To achieve its investment objective, the ETF invests primarily in a portfolio of emerging market high yield corporate bonds. The fund uses a passive, index-tracking approach, seeking to replicate the performance of the underlying index by holding the same securities in the same proportions.

✨ Key Features

  • Provides exposure to high-yield corporate bonds issued by emerging market companies
  • Tracks the ICE BofA Emerging Markets High Yield Corporate Index, a widely followed benchmark for the asset class
  • Offers diversification potential by investing across multiple emerging market countries and industries
  • Utilizes a passive, index-tracking investment approach to minimize costs

⚠️ Primary Risks

  • Credit risk: The fund is exposed to the risk of default or deteriorating creditworthiness of the underlying bond issuers
  • Interest rate risk: Bond prices may decline as interest rates rise, impacting the fund's performance
  • Emerging markets risk: Investing in emerging markets can be subject to greater political, economic, and liquidity risks
  • Currency risk: The fund's returns may be affected by fluctuations in the exchange rates between the U.S. dollar and the currencies of the underlying bond issuers

👤 Best For

This ETF may be suitable for investors seeking exposure to high-yield corporate bonds in emerging markets as part of a diversified fixed-income portfolio. It may be appropriate for investors with a higher risk tolerance and a long-term investment horizon, as emerging market high-yield bonds can be more volatile than investment-grade bonds or other fixed-income asset classes.