VanEck Emerging Markets Bond ETF(AMEX:EMBX)

EMBX actively selects emerging market debt securities, either issued by emerging market entities or denominated in emerging market currencies. The funds adviser identifies eligible emerging markets based on factors like economics, politics, legal structure, and ESG considerations. These factors influence the selection of countries, currencies, and issuers. Debt securities may include government or corporate bonds, notes, or commercial paper of any credit quality and maturity. Derivatives may be used to enhance returns, hedge currencies, and risk management. The portfolio may be non-diversified, meaning it may concentrate holdings in fewer issuers and may trade actively. Positions may be reduced or sold if they no longer meet criteria. The ETF launched through the conversion of VanEck Emerging Markets Bond Fund, bringing $69.7 million to the ETF.